Top Stories - Newsletter

09/08/2014 - 13:32

In a few weeks, retailers across the country will set out to begin to interview, hire and train workers for very busy holiday season.

09/05/2014 - 14:24

Dollar Tree and Family Dollar have amended their merger agreement to include a commitment by Dollar Tree to divest as many stores as necessary or advisable to obtain antitrust clearance for the previously announced cash and stock transaction.

09/05/2014 - 14:06

Bebe has taken significant steps to refocus on the Bebe brand, to preserve cash and to gain operating efficiencies across the organization. The retailer put these measures into effect by making changes in leadership, closing its 2b division and restructuring its corporate office, including retail management.

09/05/2014 - 10:47

Family Dollar has rejected the revised proposal made by Dollar General on Sept. 2 on the basis of antitrust regulatory considerations. The Dollar General offer may be financially superior, the dollar store operator noted, but it's not likely to pass muster with the Federal Trade Commission.

09/04/2014 - 13:57

Rite Aid reported a 3.2% lift in sales for the 26 weeks ended Aug. 30, ringing in $12.9 billion.

09/04/2014 - 13:45

Just two days after reporting second-quarter results, Fred's posted August results. Improved sales and traffic in the month were driven, according to CEO Bruce A. Efird, by initiatives that the company implemented for the first time in August.

09/04/2014 - 12:01

Walgreens reported August sales of $6.4 billion, an increase of 3.6% from the same month in fiscal 2013. Total sales for fiscal 2014 were $76.4 billion, an increase of 5.8% from fiscal 2013.

09/03/2014 - 18:18
09/03/2014 - 15:32

Wet Seal CEO John D. Goodman has resigned from the role he took in January 2013. He was charged with turning things around for the struggling retailer and replaced Susan McGalla, who was ousted after 11 months amid declining sales. Goodman is to be succeeded by Edmond Thomas, who rejoins the company as CEO and a member of the board as of Sept. 8.