July 11, 2011 by MMR
Issue 07-11-2011
DEERFIELD, Ill. — Making a major investment in its home market, Walgreen Co. plans to remodel many of its 142 drug stores in Chicago, quadruple the number of “food oasis” stores there and expand its downtown office space. Making a major investment in its home market, Walgreen Co. plans to remodel many of its 142
July 11, 2011 by MMR
Issue 07-11-2011, Opinion
Frank Gatschet joined Walmart in 1973, at the age of 33, after spending the previous 12 years at Duckwall-ALCO, a regional discount retailer. Frank Gatschet joined Walmart in 1973, at the age of 33, after spending the previous 12 years at Duckwall-ALCO, a regional discount retailer. Over the next 12 years, as a Walmart assistant
July 11, 2011 by MMR
Issue 07-11-2011, Opinion
The rapidly changing dynamics in the grocery market are highlighted in “Food Shopper Insights,” a new report from Packaged Facts. The rapidly changing dynamics in the grocery market are highlighted in “Food Shopper Insights,” a new report from Packaged Facts. Based on a survey of 2,000 consumers who purchased groceries within a 24-hour period, it
July 11, 2011 by MMR
Issue 07-11-2011, Issues
June 28, 2011 by MMR
Issue 06-20-2011
GENTRY, Ark. — Walmart showed off its latest thinking in small-box retailing here, with the debut of its Walmart Express format. At just 15,000 square feet, the store is just one-tenth the size of a typical Walmart Supercenter. Walmart showed off its latest thinking in small-box retailing here, with the debut of its Walmart Express
June 28, 2011 by MMR
Issue 06-20-2011
FAYETTEVILLE, Ark. — Walmart’s top priority is growth, president and chief executive officer Mike Duke told associates and shareholders at the company’s recent annual meeting here. Walmart’s top priority is growth, president and chief executive officer Mike Duke told associates and shareholders at the company’s recent annual meeting here. By growth, Duke explained, he meant,
June 28, 2011 by MMR
Issue 06-20-2011
LOS ANGELES — The private equity firm Leonard Green & Partners joined forces with CVC Capital Partners earlier this month in an attempt to buy BJ’s Wholesale Club Inc. The private equity firm Leonard Green & Partners joined forces with CVC Capital Partners earlier this month in an attempt to buy BJ’s Wholesale Club Inc.
June 28, 2011 by MMR
Issue 06-20-2011
GOODLETTSVILLE, Tenn. — Dollar General Corp. plans to open its first stores in California in 2012 following expansions in recent years in such other western states as Arizona and Colorado. Dollar General Corp. plans to open its first stores in California in 2012 following expansions in recent years in such other western states as Arizona
June 28, 2011 by MMR
Issue 06-20-2011
CHICAGO — Target Corp. sees great potential in Canada, where in the next 10 years the retailer plans to open 200 new stores and generate sales of $6 billion per year. Target Corp. sees great potential in Canada, where in the next 10 years the retailer plans to open 200 new stores and generate sales
June 28, 2011 by MMR
Issue 06-20-2011
CHICAGO — Target Corp.’s expansion into Canada is taking shape. The company has chosen a management team and a headquarters building for its Target Canada unit, and it has selected the first group of Zellers store sites for possible conversion into Target outlets. Target Corp.’s expansion into Canada is taking shape. The company has chosen
June 28, 2011 by MMR
Issue 06-20-2011
NEW YORK — Hedge fund manager William Ackman has increased his ownership of Family Dollar Stores Inc. by about 5 million shares, making his Pershing Square Capital Management the largest shareholder of the discount retailer. Hedge fund manager William Ackman has increased his ownership of Family Dollar Stores Inc. by about 5 million shares, making
June 28, 2011 by MMR
Issue 06-20-2011
CINCINNATI — Kroger Co.’s first quarter performance beat Wall Street’s expectations, with double-digit increases in sales and earnings. Kroger Co.’s first quarter performance beat Wall Street’s expectations, with double-digit increases in sales and earnings. Net income for the quarter was $432.3 million, up about 16% from that in the prior-year period. Total sales, including fuel,