A reinvigorated Albertsons defies expectations as it approaches its 75th anniversary
“I’m having a lot of fun bringing the different brands back to life.”
— Bob Miller, CEO, Albertsons
MINNEAPOLIS — Target Corp. here said its investment in Canada resulted in a decline in net income for the third quarter, and the company pledged to be highly competitive on price for the holiday season.
“In the U.S...
EL SEGUNDO, Calif. — Fresh & Easy Neighborhood Market here said it has canceled the auction for its stores after Yucaipa Cos. was the lone bidder.
In documents filed with the U.S. Bankruptcy Court in Wilmington, Del...
BROOKINGS, Ore. — C&K Market here said last week it has filed a voluntary petition for Chapter 11 bankruptcy protection to address legacy costs, sell or close underperforming stores and resolve debt issues.
In a sta...
MINNEAPOLIS — Target Corp. here said its investment in Canada resulted in a decline in net income for the third quarter and nine-month period that ended Nov. 2, while sales advanced.
Net income for the quarter...
BENTONVILLE, Ark. — Despite aggressive holiday plans, Wal-Mart Stores here said last week it anticipates continued pressure on sales.
Those pressures were visible in the company’s financial results for the thi...
PHOENIX — Sprouts Farmers Market here said Thursday it is raising its financial guidance following strong results for the third quarter and 39 weeks ended Sept. 29.
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COMMERCE, Calif. — 99 Cents Only Stores here said Thursday it plans to supplement its private-label consumables offerings with new items sourced overseas as part of an effort to improve gross margins.
CONN...
NEW YORK — Wall Street analysts were generally upbeat Thursday about long-term prospects for Whole Foods Market, despite a negative reaction by some investors to the chain's fourth-quarter financial results and it...