Family Dollar has inked a partnership with a national leader in health-and-wellness solutions to further drive the retailer's commitment to proactively engage in activities that encourage healthy living.
Wet Seal, just days after encouraging its shareholders to reject efforts by Clinton Group to replace its board of directors, reached an agreement with Clinton Group giving them four spots on its board of directors.
Costco Wholesale Corp. reported a better-than-expected 6% rise in September same-store sales, helped by higher gasoline prices and a stronger dollar. Excluding the impact of gasoline prices and foreign exchange, comparable September same-store sales rose 5%.
Teen retailer Wet Seal continues to urge its shareholders to reject efforts by Clinton Group to replace the company’s current experienced directors with Clinton Group’s hand-picked nominees who lack relevant experience.
Barnes & Noble and Microsoft have completed their previously announced strategic partnership in Nook Media LLC, a recently formed Barnes & Noble subsidiary and a leader in the emerging digital reading and digital education markets.
Apparel retailers and department stores reported monthly revenue results for September that were mixed, as Gap Inc. and Limited Brands posted gains that beat Wall Street estimates, while Macy's and Kohl’s missed expectations.