August 18, 2014 by MMR
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MATTHEWS, N.C. — Family Dollar Stores Inc. has agreed to be acquired, but there remains some doubt about who will ultimately turn out to be the buyer. Family Dollar Stores Inc. has agreed to be acquired, but there remains some doubt about who will ultimately turn out to be the buyer. In late July the
August 18, 2014 by MMR
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HOFFMAN ESTATES, Ill. — Sears Holdings Corp. has chosen Tesco PLC veteran Alasdair James to serve as president and chief member officer of its Kmart discount store division. Sears Holdings Corp. has chosen Tesco PLC veteran Alasdair James to serve as president and chief member officer of its Kmart discount store division. James will be
August 18, 2014 by MMR
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MINNEAPOLIS — Target Corp. opened the first of its scaled-down TargetExpress stores last month on the ground floor of a new six-story apartment building near the University of Minnesota campus. Target Corp. opened the first of its scaled-down TargetExpress stores last month on the ground floor of a new six-story apartment building near the University
August 18, 2014 by MMR
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PLEASANTON, Calif. — Safeway Inc. shareholders voted to approve a merger with Albertsons, the supermarket chain owned by New York investment firm Cerberus Capital Management LP. Safeway Inc. shareholders voted to approve a merger with Albertsons, the supermarket chain owned by New York investment firm Cerberus Capital Management LP. The $9.4 billion buyout is expected
August 18, 2014 by MMR
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SEATTLE — Amazon.com Inc. has extended its “Get It Today” same-day delivery service to the metropolitan areas of Baltimore, Dallas, Indianapolis, New York City, Philadelphia and Washington, D.C. Amazon.com Inc. has extended its “Get It Today” same-day delivery service to the metropolitan areas of Baltimore, Dallas, Indianapolis, New York City, Philadelphia and Washington, D.C. More
August 18, 2014 by MMR
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WOONSOCKET, R.I. — CVS/pharmacy has entered a new state and market by opening a drug store in the Seattle suburb of Renton, Wash. CVS/pharmacy has entered a new state and market by opening a drug store in the Seattle suburb of Renton, Wash. "We are pleased to open our first store in Washington state and
August 18, 2014 by MMR
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COLUMBUS, Ohio — Big Lots Inc. is rolling out an expanded food assortment that the company says includes more brand name products, improved arrangement of products and better-designed signage to make shopping even easier. Big Lots Inc. is rolling out an expanded food assortment that the company says includes more brand name products, improved arrangement
July 28, 2014 by MMR
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BRAMPTON, Ontario — Galen Weston, scion of the Weston family that controls Loblaw Cos., Canada’s biggest supermarket chain, has assumed another management position at the retailer. Galen Weston, scion of the Weston family that controls Loblaw Cos., Canada’s biggest supermarket chain, has assumed another management position at the retailer. Weston added the role of president
July 28, 2014 by MMR
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WOONSOCKET, R.I. — CVS Caremark Corp. has agreed to buy Hispanic-owned Navarro Discount Pharmacy. CVS Caremark Corp. has agreed to buy Hispanic-owned Navarro Discount Pharmacy. CVS will acquire Navarro’s 33 drug stores in South Florida and Navarro Health Services, a specialty pharmacy serving patients with complex or chronic diseases. Terms were not disclosed. "The acquisition
July 28, 2014 by MMR
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CHESHUNT, England — Tesco PLC is replacing Philip Clarke following another profit warning at the U.K.’s largest supermarket chain. Tesco PLC is replacing Philip Clarke following another profit warning at the U.K.’s largest supermarket chain. Dave Lewis, head of Unilever’s personal care unit, will succeed Clarke as chief executive officer on October 1, Tesco said
July 28, 2014 by MMR
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NEW YORK — Retail sales advanced at a healthy rate in June, helped by a stronger employment picture that has boosted consumer confidence. Retail sales advanced at a healthy rate in June, helped by a stronger employment picture that has boosted consumer confidence. Consumer purchases increased 0.2% in June, according to the Department of Commerce,
July 28, 2014 by MMR
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NEW YORK — Wegmans Food Markets Inc., Publix Super Markets Inc., Hy-Vee Inc. and Costco Wholesale Corp. were the top-ranked grocery store brands regionally in a Harris consumer poll measuring brand equity. Wegmans Food Markets Inc., Publix Super Markets Inc., Hy-Vee Inc. and Costco Wholesale Corp. were the top-ranked grocery store brands regionally in a