Exclusive News Alert

02/14/2013 - 12:09pm

Richard Schulze, founder of Best Buy Co., may abandon a buyout bid and instead line up investors to take a minority position in the electronics retailer, Reuters reported.

02/14/2013 - 12:06pm

Whole Foods Market Inc. reported that its first-quarter net income rose 24% to $146 million, exceeding expectations, on stronger revenue.

02/14/2013 - 12:05pm

Belk has named Dorlisa Flur to the newly created position of EVP omni-channel, reporting to John Belk, president and chief operating officer.

02/14/2013 - 12:04pm

Cabela’s Inc. announced plans to open a 42,000-sq.-ft. Cabela’s Outpost store in Waco, Texas.

02/14/2013 - 12:00pm

Brookshire Grocery Co. recently became one of a select number of grocery retailers nation-wide to join the U.S. Environmental Protection Agency’s GreenChill partnership, which works with supermarkets to reduce refrigerant emissions and decrease their impact on the ozone layer and climate change.

02/14/2013 - 11:40am

Michaels Stores has named Chuck Rubin as CEO and a member of the board of directors.

02/13/2013 - 6:34pm

Retail sales ticked up in January as consumers adjusted their spending in response to the increase in payroll taxes and rise in gasoline and energy prices.

02/13/2013 - 6:32pm

Meijer is investing more than $160 million in new store construction and remodeling.

02/13/2013 - 6:31pm

GE Capital Retail Bank, a consumer lending unit of General Electric Company (GE), has renewed its private label credit card program with J.C. Penney Co.

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