News

06/17/2011 - 11:18

Borders Group has reached agreements with its landlords to extend the leases on 11 stores it had previously asked a bankruptucy court to shutter, the Associated Press reported.

06/17/2011 - 11:15

A report released Thursday by the National Retail Federation and Hackett Associates said that import cargo volume at the nation’s major retail container ports is expected to remain at about the same levels as last year through July before starting to resume increases later this summer.

06/17/2011 - 11:12

Leonard Green & Partners and CVC Capital Partners said Friday they are making a joint buyout bid worth an undisclosed amount for BJ's Wholesale Club.

06/17/2011 - 10:49

Physicians Formula confirmed that its newly developed skin care line will be carried exclusively in about 2,500 Walmart stores this summer.

06/16/2011 - 15:05

Pier 1 Imports reported a comparable-store sales increase of 10.2% and net income of $14.1 million, or 12 cents per share, for the first quarter, as it continues to implement its three-year growth plan.

06/16/2011 - 11:35

Walmart is moving forward with what could be characterized as a roll out of its Neighborhood Market format nearly 13 years after the first unit opened in the fall of 1998.

06/16/2011 - 10:34

Just one month after filling in as the interim leader of chocolate giant Hershey, John Bilbrey officially took the reigns as president and CEO of the company.

06/16/2011 - 10:08

Natural food retailer Mrs. Green's Natural Market confirmed its acquisition of seven Superfresh grocery locations in Maryland and one Superfresh location in Washington, D.C., from the Great Atlantic and Pacific Tea Co.

06/16/2011 - 09:48

Kroger reported solid first-quarter results and marked 30 consecutive quarters in which identical-store sales increased, the supermarket retailer announced Thursday.

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