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Kroger, Albertsons Agree to Divest More Stores
CINCINNATI — Kroger Co. and Albertsons Cos. said Monday that they are planning to divest more stores in an effort to satisfy regulators...
Apr 22, 20243 min read
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99 Cents Only Stores is going out of business
CITY OF COMMERCE, Calif. — The value retailer 99 Cents Only Stores LLC commenced going-out-of-business sales at all of its locations on...
Apr 6, 20241 min read
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ALDI Plans to Add 800 Stores by the End of 2028
BATAVIA, Ill. — ALDI, already known for its rapid growth, has unveiled plans to increase its store count by 800 locations across the...
Mar 7, 20242 min read
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Former Eckerd CEO Stew Turley dies at 89
TAMPA — Stew Turley, who guided the evolution of Eckerd Corp. for three decades, died last week at his home in Florida after a battle...
Feb 28, 20242 min read
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Macy's is closing 150 stores
Macy's plans to close approximately 150 stores nationwide as part of a massive reorganization that will see it pivot to a greater focus...
Feb 28, 20241 min read
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FTC Sues Kroger
The US Federal Trade Commission and nine states sued to block supermarket chain Kroger's $25B acquisition of competitor Albertsons...
Feb 27, 20241 min read
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Colorado Sues to Stop $25 Billion Kroger-Albertsons Merger
By Mike Scarcella (Reuters) - Colorado’s attorney general filed a lawsuit on Wednesday seeking to block Kroger's proposed $25 billion...
Feb 15, 20241 min read
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Retail Sales in January Show Solid Gains
Retail sales started strong in 2024, according to figures released today by the National Retail Federation. Sales in January nearly...
Feb 12, 20241 min read
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Target Rolling Out Over 1,000 Wellness Products
Target Corp. is introducing more than 1,000 new wellness-related products starting at just $1.99 to support shoppers without stretching...
Jan 24, 20241 min read
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CVS closing some Pharmacy's inside Target stores
CVS Health will close dozens of pharmacies inside Target stores as the drugstore chain confronts escalating costs. The closures involving...
Jan 13, 20241 min read
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The Holiday Season is Off to a Strong Start
More than 200 million consumers were in stores or shopping online between Thanksgiving Day and Cyber Monday, according to the National ...
Nov 28, 20231 min read
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Walgreens Making Changes in Leadership
Walgreens Boots Alliance is once again making leadership changes and trimming its corporate staff. In yet another round of layoffs, 267 ...
Nov 10, 20231 min read
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NRF Foresees Record Holiday Spending
The National Retail Federation forecast today that holiday spending will reach record levels during November and December and will grow...
Nov 3, 20231 min read
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CVS Q3 Sales, Profits Beat Forecasts
CVS Health topped Wall Street’s estimates for third-quarter revenue and earnings. Adjusted earnings per share of $2.21 exceeded analysts’...
Nov 2, 20231 min read
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CVS, Walgreens staff stage walkout
Employees at some Walgreens and CVS pharmacies are walking off the job until Wednesday to protest working conditions. This is the third...
Oct 31, 20231 min read
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Rite Aid Files for Chapter 11 Bankruptcy Protection
PHILADELPHIA – Rite Aid Corp. on Sunday announced that it has filed for Chapter 11 bankruptcy protection, as part of a voluntary...
Oct 16, 20231 min read
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WBA's Q4 Earnings Fall Short of Expectations
The rest of the story: https://www.massmarketretailers.com/wbas-q4-earnings-fall-short-of-expectations/
Oct 12, 20231 min read
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Retail’s Reinvention
Resetting store strategies to drive growth. During the pandemic, retailers started to wonder what kind of role the physical store still...
Oct 9, 20231 min read
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TOP 100 U.S. RETAILERS
Walmart and Amazon once again take the top spots in Chain Store Age’s annual ranking of the nation’s 100 largest retailers. By Marianne...
Oct 6, 20231 min read
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Aldi to buy 400 stores from Southeastern Grocers
BATAVIA, Ill. — Aldi today announced it has agreed to acquire Winn-Dixie and Harveys Supermarket locations from Southeastern Grocers, ...
Aug 18, 20232 min read
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