Content about Top Retailers

April 25, 2013

Walgreens will sell its six-building office campus, where it will remain a tenant, for $85 million, according to a report published Tuesday by Chicago Real Estate Daily.

DEERFIELD, Ill. — Walgreens will sell its six-building office campus, where it will remain a tenant, for $85 million, according to a report published Tuesday by Chicago Real Estate Daily

According to the report, Walgreens hired Jones Lang LaSalle to sell the 38-acre campus, which it would lease back for 10 years.

April 25, 2013

Safeway shares dropped dramatically Thursday morning as the company reported $10 billion in sales for its first quarter 2013 ended March 23, which is essentially flat as compared with the first quarter of 2012.

PLEASANTON, Calif. — Safeway shares dropped dramatically Thursday morning as the company reported $10 billion in sales for its first quarter 2013 ended March 23, which is essentially flat as compared with the first quarter of 2012. An identical-store sales increase of 1.5% (excluding fuel) was offset primarily by the disposition of Genuardi's stores in 2012 and lower fuel sales in 2013. 

April 24, 2013

Supervalu posted sales of $3.89 billion and a loss of $1.41 billion in fourth quarter 2013, the company said Wednesday.

MINNEAPOLIS — Supervalu posted sales of $3.89 billion and a loss of $1.41 billion in fourth quarter 2013, the company said Wednesday.

That result compared with sales of $3.98 billion and a loss of $424 million in fourth quarter 2012.

For the fiscal year, sales were $17.1 billion, compared with $17.3 billion in fiscal year 2012, while the company incurred a loss of $1.46 billion, compared with a $1.04 billion loss the year before.

April 24, 2013

Target will renovate libraries at more than two dozen schools in need across the country this year under a program that will also include book donations and technology upgrades, as well as the option to have a Target-supported food pantry built, the mass merchandise retailer said.

MINNEAPOLIS — Target Corp. will renovate libraries at more than two dozen schools in need across the country this year under a program that will also include book donations and technology upgrades, as well as the option to have a Target-supported food pantry built, the mass merchandise retailer said Wednesday.

April 23, 2013

An armed robber allegedly stole sensitive electronic information on pharmacy customers from a Kmart store in Little Rock, Ark., last month, the mass merchandise retailer said.

HOFFMAN ESTATES, Ill. — An armed robber allegedly stole sensitive electronic information on pharmacy customers from a Kmart store in Little Rock, Ark., last month, the mass merchandise retailer said.

April 23, 2013

RadioShack has ended its mobile phone partnership with Target amid slumping sales, the electronics store chain said.

FORT WORTH, Texas — RadioShack Corp. has ended its mobile phone partnership with Target Corp. amid slumping sales, the electronics store chain said Tuesday.

RadioShack said it had stopped operating its Target Mobile centers before the end of last month. The company had operated mobile phone kiosks inside Target stores. The company posted first quarter 2013 quarter sales of $849 million and a loss of $43 million, compared with $913 million last year and a loss of $8 million.

April 22, 2013

In one of the most disturbingly iconic images to emerge from the recent terrorist attack in Boston, a runner who lost both legs in the blast is shown being rushed away by wheelchair.

NEW YORK — In one of the most disturbingly iconic images to emerge from the recent terrorist attack in Boston, a runner who lost both legs in the blast is shown being rushed away by wheelchair.

That runner, it turns out, is 27-year-old Costco Wholesale employee Jeff Bauman of New Hampshire. Following reports that Bauman was uninsured, based on comments a relative had made to a reporter, Costco took to Twitter to remind readers that he does, in fact, have insurance through the company.

April 22, 2013

Nutrisystem has launched its 5-Day Nutrisystem Jumpstart Your Weight Loss Kit at nearly 2,000 Walmart stores, the company said.

FORT WASHINGTON, Pa. — Nutrisystem has launched its 5-Day Nutrisystem Jumpstart Your Weight Loss Kit at nearly 2,000 Walmart stores, the company said.

The kit includes 15 entrees with desserts, a free meal planner and program guide with access to free weight-loss counseling and can be purchased for $44.98.

April 22, 2013

Giant Food of Landover, Md., is one of several retailers promoting environmental awareness as part of Earth Day, the Ahold USA-owned retailer said.

LANDOVER, Md. — Giant Food of Landover, Md., is one of several retailers promoting environmental awareness as part of Earth Day Monday, the Ahold USA-owned retailer said.

April 22, 2013

Rite Aid's revamped website will offer a "more personalized and engaging" experience for customers, the company said.

CAMP HILL, Pa. — Rite Aid's revamped website will offer a "more personalized and engaging" experience for customers, the company said Monday.

The new site, which it worked with Razorfish Healthware to design, includes easier access to online pharmacy services, health and wellness information.

April 22, 2013

More than half of allergy sufferers seek advice from pharmacists and doctors, a new survey by Target has found.

MINNEAPOLIS — More than half of allergy sufferers seek advice from pharmacists and doctors, a new survey by Target has found.

April 19, 2013

Ahold USA and its Stop & Shop banner have donated half a million dollars to a charitable organization set up to aid victims of the recent terrorist attacks in Boston.

QUINCY, Mass. — Ahold USA and its Stop & Shop banner have donated half a million dollars to a charitable organization set up to aid victims of the recent terrorist attacks in Boston.

The company announced the donation of $500,000 to The One Fund Boston, formed by Massachusetts Gov. Deval Patrick and Boston Mayor Thomas Menino.

"Words cannot express the tragedy that took place at the Boston Marathon," Stop & Shop New England Division president Joe Kelley said. "We mourn with all of of those who were affected."

April 18, 2013

Rite Aid board member Michel Coutu has resigned, effective Wednesday, according to a Securities and Exchange Commission filing.

NEW YORK — Rite Aid board member Michel Coutu has resigned, effective Wednesday, according to a Securities and Exchange Commission filing.

Coutu's notification follows an announcement by The Jean Coutu Group Tuesday that it had sold 72.5 million Rite Aid shares, reducing its stake in the company to 11.7%.

In addition, board member and former chairman Mary Sammons notified the company Wednesday that she wouldn't seek reelection as a director at its annual shareholder meeting.

April 18, 2013

Stop & Shop is marking Earth Day on Monday by emphasizing the measures it has taken to reduce its effects on the environment, the Ahold USA-owned supermarket banner said.

PURCHASE, N.Y. — Stop & Shop is marking Earth Day on Monday by emphasizing the measures it has taken to reduce its effects on the environment, the Ahold USA-owned supermarket banner said.

Stop & Shop highlighted its efforts to sell sustainably sourced seafood, reducing the environmental effects of its store operations — including adding environmentally friendly design features to stores — and helping customers reduce waste. The chain reiterated its intention to reduce its carbon footprint by 20% by 2015.

April 18, 2013

Stop & Shop will sponsor a healthy-eating summit for middle schoolers in New Jersey on Thursday, the supermarket chain said.

PURCHASE, N.Y. — Stop & Shop will sponsor a healthy-eating summit for middle schoolers in New Jersey on Thursday, the supermarket chain said.

April 17, 2013

Royal Ahold CEO Dick Boer expressed condolences for the victims of Monday's bombing of the Boston Marathon in a meeting with shareholders Wednesday.

AMSTERDAM — Royal Ahold CEO Dick Boer expressed condolences for the victims of Monday's bombing of the Boston Marathon in a meeting with shareholders Wednesday.

"The Boston area is, of course, one of our main U.S. markets, and our thousands of employees are shocked by Monday's events," Boer said. "Our thoughts are with everyone in the city of Boston and the surrounding communities, and especially the families and friends of those affected."

The company's Stop & Shop banner has a prominent and long-standing presence in the area.

April 17, 2013

Costco and IRI announced Wednesday that they will change a program that the club retailer describes as a single, global solution for category, point-of-sale and supply chain tracking, as well as extend the program to Mexico.

CHICAGO — Costco and IRI announced Wednesday that they will change a program that the club retailer describes as a single, global solution for category, point-of-sale and supply chain tracking, as well as extend the program to Mexico.

April 17, 2013

Sears Holdings has launched a service that it said would offer a simple, cost-effective way for businesses to manage storage, picking, packing and shipping of customer orders from Sears Marketplace and other places a merchant sells products.

HOFFMAN ESTATES, Ill. — Sears Holdings has launched a service that it said would offer a simple, cost-effective way for businesses to manage storage, picking, packing and shipping of customer orders from Sears Marketplace and other places a merchant sells products.

Fulfilled By Sears allows merchants to market and sell to members of the company's Shop Your Way Rewards program. Sears said members of the program buy and spend more and recently exceeded 60% of Sears transactions and sales.

April 16, 2013

Giant Food of Landover, Md., is planning to raise $1.6 million for children's cancer research, the supermarket chain said Tuesday.

LANDOVER, Md. — Giant Food of Landover, Md., is planning to raise $1.6 million for children's cancer research, the supermarket chain said Tuesday.

The Ahold USA-owned banner, also known as Giant-Landover, announced it would launch its ninth annual Triple Winner game on Friday to benefit the Pediatric Oncology Division at the Johns Hopkins Kimmel Cancer Center and The Children's Cancer Foundation. The annual game has helped raise $11.5 million to support pediatric cancer research since its inception in 2005.

April 16, 2013

The Jean Coutu Group sold 72.5 million of its 178.4 million shares of Rite Aid stock, according to a Securities and Exchange Commission filing Monday and company announcement Tuesday.

NEW YORK — The Jean Coutu Group sold 72.5 million of its 178.4 million shares of Rite Aid stock, according to a Securities and Exchange Commission filing Monday and company announcement Tuesday.

The Canadian retail pharmacy group said it sold the shares for $158.5 million and would record a gain of $49.7 million in its net profit during first quarter 2014. The sale brings Jean Coutu's stake in Rite Aid down to 11.7%, the company said.

April 16, 2013

During its annual stockholders’ meeting, Steve Knopik was elected to Publix Super Markets’ board of directors.

LAKELAND, Fla. — During its annual stockholders’ meeting today, Steve Knopik was elected to Publix Super Markets’ board of directors.

“We are pleased to have Steve join the Publix board,” said Publix chairman of the board Charlie Jenkins, Jr. “His strong retail and financial background and commitment to the community will make him a strong addition to our board.”

April 16, 2013

Sam's Club offered free oral care and health screening events at all 564 of its stores that have pharmacies, the club retailer said.

BENTONVILLE, Ark. — Sam's Club offered free oral care and health screening events at all 564 of its stores that have pharmacies, the club retailer said.

Sam's Club, owned by Walmart, said the events, which took place on Saturday, included non-invasive oral health questionnaires, dental tablets, glucose, total cholesterol, blood pressure, body-mass index and vision tests.

According to WebMD, oral health issues are often identifiers of diabetes and heart disease.

April 16, 2013

A former executive of Supervalu has been tapped for a top position at Stater Bros. Markets, the supermarket chain said.

SAN BERNARDINO, Calif. — A former executive of Supervalu has been tapped for a top position at Stater Bros. Markets, the supermarket chain said.

Stater Bros. announced that former Supervalu EVP retail operations Peter Van Helden had been hired as president and COO of the privately owned San Bernardino, Calif.-based chain, which operates 167 stores in San Bernardino and Riverside counties.

April 16, 2013

Target has lowered its earnings expectations for first quarter 2013, the mass merchandise retailer said Tuesday.

MINNEAPOLIS — Target Corp. has lowered its earnings expectations for first quarter 2013, the mass merchandise retailer said Tuesday.

The Minneapolis-based chain said it expected same-store sales growth in the quarter to be about flat over first quarter 2012 due to sales trends that have been weaker than expected, particularly in seasonal and weather-sensitive merchandise categories. As a result, earnings-per-share guidance is expected to be less than $1.10; the company's original guidance had stated earnings would be $1.10-$1.20 per share.

April 15, 2013

The mass merchandise retailer has garnered significant attention with its "Ship My Pants" ad, which has received close to 7.4 million views on YouTube and coverage in news outlets nationwide.

NEW YORK — If Kmart has proven anything, it's the transcendental power of potty humor. But at any rate, the mass merchandise retailer has garnered significant attention with its "Ship My Pants" ad, which has received close to 7.4 million views on YouTube and coverage in news outlets nationwide.

The ad is for a service the chain offers whereby customers who can't find what they're looking for in the store can order it online and have it shipped to them.