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Retail News

Retail news continually updated from thousands of sources around the net.

2 hrs ago | Inside Bay Area

Shareholders approve Safeway's $9.2 billion sale to Albertsons

Safeway shareholders on Friday approved the company's $9.2 billion sale to Albertsons, a deal that comes amid fierce competition for the combined supermarket chains from a host of foes.

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Related Topix: Canada Safeway, Safeway, Grocery, Pleasanton, CA, Livingston, CA, Moraga, CA

5 hrs ago | Reuters

Seattle man gets 1-1/2 years for Microsoft insider trades

An online stock trader who profited from inside information passed to him by a former Microsoft Corp finance employee was sentenced to 1-1/2 years in prison in Seattle on Friday.

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Related Topix: Microsoft, Startups, Criminal Defense Law, Law, Barnes and Noble

9 hrs ago | MyFoxPhilly

1 Female Employee Dead, 2 Wounded In Shooting At Darby Wellness Center

We are following breaking news in Darby, Pa. where one female employee is dead and two are wounded in a shooting at the wellness center on the Mercy Fitzgerald Hospital campus.

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Related Topix: Darby, PA, Lansdowne, PA, Delaware County, PA, Dicks Sporting Goods, Sporting Goods

13 hrs ago | Business Journal

Whole Foods confirms plan to anchor major North Texas development

Whole Foods Market Inc. has confirmed that it will be anchoring the CityLine development in Richardson, Texas, part of the Dallas-Fort Worth metroplex area.

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Related Topix: Whole Foods Market, Grocery, Texas, Richardson, TX

17 hrs ago | KEPR CBS 19

Wal-Mart names new CEO of U.S. discount division

Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results.

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Related Topix: Wal Mart Stores, Bentonville, AR

Thu Jul 24, 2014

News Observer

Business Highlights

As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers.

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Related Topix: Wal Mart Stores

The Brattleboro Reformer

Usa Today Best-Sellers

Reporting stores include: Amazon.com, Amazon Kindle, Barnes & Noble.com, Barnes & Noble Inc., Barnes & Noble e-books, BooksAMillion.com, Books-A-Million, Bookland and Books & Co., Costco, Davis-Kidd Booksellers , Hudson Booksellers, Joseph-Beth Booksellers , Kobo, Inc., Powell's Books , Powells.com, R.J. Julia Booksellers , Schuler Books & Music , ... (more)

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Related Topix: Amazon, Barnes and Noble, BooksAMillion, Lexington, KY

The Las Vegas Sun

Obama calls for 'economic patriotism' from companies dodging taxes

Striking a populist stand ahead of the midterm elections, President Barack Obama is demanding "economic patriotism" from American corporations that seek overseas mergers to avoid U.S. taxes.

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Related Topix: US Politics, Barack Obama, US News, US Senate, Democrat, Senator Elizabeth Warren, Walgreens, Senator Dick Durbin

WTMA-AM North Charleston

College Basketball Coach Accused of Shoplifting from Kohl's

Police arrested two suspects, including the coach of a local women's college basketball team, for allegedly stealing merchandise from a Spartanburg Kohl's store.

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Related Topix: Kohls, KSS Retail

NewsOK.com

SuperValu 1Q profit falls 49 percent

SuperValu Inc. on Thursday reported profit that decreased by 49 percent in its fiscal first quarter after receiving a large tax benefit a year ago.

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Related Topix: Supervalu, Food, Grocery, Eden Prairie, MN

Brandon Sun

Grocer Loblaw Companies Ltd. reports Q2 net earnings loss on higher revenues

Loblaw Companies Ltd. is reporting a second-quarter net earnings loss of $456 million, or $1.13 per share, compared with net earnings of $177 million, or 63 cents per share in the same quarter of 2013.

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Related Topix: Loblaw Companies, Grocery, Shoppers Drug Mart

Business Journal

Up To Speed: Macy's employees win NLRB ruling

A National Labor Relations Board panel has ruled that Macy's workers at a store in Saugus, Massachusetts, may attempt to organize in a particularly small bargaining unit.

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Related Topix: Federated Department Stores, Bloomingdales, Saugus, MA

Wed Jul 23, 2014

Wall Street Journal

Daimler Boosted by Mercedes

Daimler AG reported a sharp rise in second-quarter earnings, driven by record sales in its Mercedes-Benz luxury car division, as the German auto maker races to catch up with rivals BMW AG and Audi AG.

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Related Topix: Toyota Motor Sales USA, Automakers, Auto Dealers, DaimlerChrysler AG, MercedesBenz USA

Reuters

Wal-Mart loses bid to keep documents on bribery probe from shareholder

The Delaware Supreme Court affirmed on Wednesday a lower court ruling that ordered Wal-Mart Stores Inc to provide a shareholder with documents related to the company's internal probe of allegations the retailer had paid bribes in Mexico.

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Related Topix: Wal Mart Stores, Bentonville, AR

Brandon Sun

HBC to close two Home Outfitters locations, as it expands digital offering

Hudson's Bay Co. is shuttering two Home Outfitters locations as it focuses on making more of its products available online.

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Related Topix: Banking, HSBC Holding, Hudsons Bay, Canada,

Ledger-Enquirer.com

Retail trade group reduces annual sales forecast

The Washington-based National Retail Federation said Wednesday that it now expects retail sales to rise 3.6 percent this year to $3.19 trillion, instead of its original prediction of a 4.1 percent increase, released in early February.

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Related Topix: Wal Mart Stores, Bentonville, AR

Ledger-Enquirer.com

Converse basketball coach accused of shoplifting

Deputies say employees at a Kohl's department store in Spartanburg on Tuesday saw 35-year-old Kaye Waldrep and a man, 38-year-old Ricky Dean Ponder, hiding merchandise and trying to leave without paying.

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Related Topix: Kohls, KSS Retail

Inside Bay Area

Concord 'Mystery Man' gave away groceries to shake the blues

Michael Simas, of Concord, talks about his life philosophy on Monday, July 21, 2014, in downtown Concord, Calif.

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Related Topix: Concord, CA, Grocery Outlet, Grocery

Tue Jul 22, 2014

The Virginian-Pilot

Vermont AG sues Dollar Tree over sale of jewelry

The Vermont attorney general is suing Dollar Tree Stores, Inc. for selling jewelry that the state says contains toxic substances.

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Related Topix: Dollar Tree Stores, Vermont

Business Journal

Harris Teeter ranks fifth in ranking of Southern grocery store brands; Publix tops list

Publix Super Markets Inc. was named the top grocery brand in the South in a recent poll.

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Related Topix: Harris Teeter, Grocery, Publix Super Markets, Lakeland, FL, Whole Foods Market

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