The Container Store Group, citing a goal to boost customer satisfaction and return to profitability, has entered into a strategic partnership that will make Beyond, Inc. a major minority owner. The partnership will leverage the Bed Bath & Beyond brand and The...
As its merger with The Kroger Cos. continues to face opposition from the United States government, Albertsons beat Wall Street estimates on earnings and revenues, as identical sales gained. Net income was $145.5 million, or 25 cents per diluted share, compared to...
The National Retail Federation has forecast consumer spending in the main holiday shopping season November 1 through December 31 will grow between 2.5% and 3.5% compared to the 2023 period. The forecast calls for $979.5 billion to $989 billion in total holiday sales...
Walgreens Boots Alliance revealed it plans to close 1,200 underperforming stores as it reported fourth-quarter earnings declines in its overall and U.S. retail operations while sales gained in both segments. Walgreens’ adjusted earnings per share and sales did...
Hardware wholesaler True Value Co. has struck a buyout deal with co-operative Do It Best Corp. with True Value filing for Chapter 11 bankruptcy protection to facilitate a process that would combine 4,500 True Value-affiliated stores with the Do It Best’s 4,300...
