March 4, 2015

Amid an $8.7 billion pending sale to an investment firm, PetSmart reported fourth quarter profit and revenue that exceeded Wall Street’s expectations.

March 3, 2015

Wasn’t Best Buy supposed to be out of business by now? Instead, the company has shown itself to be one of the retail industry’s most resilient operators, achieving growth in the face of intense competition and deteriorating demand for once hot product categories like tablets. 

February 27, 2015

Barnes & Noble has changed its mind about which business to spin off.

February 26, 2015

Sears Holdings continues to lose money –- lots of it –- and same store sales declined again during the holidays, but the severity of the company’s losses have diminished, which has Chairman and CEO Edward Lampert believing further improvement is coming as the company transforms to what he calls “a leading integrated membership-focused company.” 

February 23, 2015

PetSmart is hoping to stand out in the pet category with a new marketing campaign that celebrates “pethood.” 

February 13, 2015

After opening 75 stores in the fourth quarter and with expectations for 150 units this year brand powerhouse VF Corporation has emerged as one of the nation’s fastest growing retailers. 

February 11, 2015

Rite Aid is set to acquire leading independent pharmacy benefit manager Envision Pharmaceutical in a deal valued at $2 billion.

February 9, 2015

PetSmart reported a 2.6% increase in same store sales in the fourth quarter.

February 3, 2015

Target’s goal of becoming a leading omnichannel retailer will be led by Tesco veteran Mike McNamara who joins the company as executive vice president and chief information officer.

January 29, 2015

A stronger than average flu season helped Rite Aid post an increase in same store sales for January.

January 27, 2015

Less than a week after getting shareholder approval to sell itself to Dollar Tree Inc., Family Dollar said fewer discounts led to increased December sales. 

January 27, 2015

The U.S. Federal Trade Commission has cleared the merger of supermarket operators Safeway Inc. and Albertsons, creating a larger competitor to rival chain Kroger. But there is one caveat.

January 22, 2015

After months of delay and a failed bid by Dollar General, Family Dollar shareholders agreed to be acquired by Dollar Tree in a deal that creates a combined company with more than 14,000 locations, estimated annual sales of $19 billion and compelling growth opportunities. 

January 22, 2015

Sears Holdings announced on Thursday that Phil Keough has joined the company as SVP and president, pharmacy.

January 16, 2015

Wet Seal Inc. has become the latest clothing retailer to seek bankruptcy protection as mall-based stores lose business to big-box chains and online merchants.

January 12, 2015

Family Dollar is urging its shareholders to support a buyout offer from rival discounter Dollar Tree with less than two weeks remaining before a vote on the pending deal. 

January 7, 2015

Lowe’s is teaming up with a key supplier to engage a new generation of shoppers with a multifaceted initiative that involves in-store and social media elements.

December 23, 2014

Family Dollar delayed a shareholder vote on a potential acquisition by Dollar Tree until Jan. 22 in a move that allows more time to contemplate a rival bid from Dollar General.

 

December 23, 2014

Home Depot EVP Marvin Ellison will become president of J.C. Penney on November 1 and succeed Mike Ullman as CEO of the department store retailer next August.

December 23, 2014

Guitar Center has chosen Darrell Webb to be the company's new president and CEO. From 2011 to 2013, Webb served as chairman and CEO of the Sports Authority. 

December 17, 2014

Google could be preparing to take on Amazon.com with its own unique e-commerce solution. 

December 15, 2014

After weeks of exploring “strategic alternatives,” PetSmart has agreed to be acquired for about $8.7 billion by a consortium led by London-based BC Partners. 

December 12, 2014

Former Procter & Gamble group president Jorge Mesquita has been hired by Johnson & Johnson as worldwide chairman of its consumer companies. 

December 5, 2014

As the acquisition of Family Dollar moves closer to resolution, would be acquirers Dollar Tree and Dollar General maintain widely differing views on the superiority of their respective offers and the opinion of federal regulators.