Finance

Hudson’s Bay has profitable quarter
Jun 12, 2013
Hudson’s Bay Company (HBC) had an overall successful first quarter of...
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Walgreens reaches $80M settlement with DEA
Jun 12, 2013
Walgreens will pay $80 million as part of a settlement with the Drug...
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Home Depot focuses on supply chain, Internet
Jun 11, 2013
Executives from The Home Depot told attendees at an analyst meeting in New...
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Americans report fewer financial troubles
Jun 11, 2013
American consumers are reporting significantly fewer financial troubles...
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Bloomberg: Retail sales edge up 0.4% in May
Jun 10, 2013
Initial Bloomberg estimates indicate US retail sales edged up 0.4% last...
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Rite Aid forecasts Q1 profit; in debt refinancing move
Jun 10, 2013
Rite Aid projected that it would turn a profit in the first quarter of...
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Wal-Mart holds annual meeting; announces $15 billion more in stock buybacks
Jun 07, 2013
Wal-Mart Stores Inc. announced a $15 billion share buyback program at its...
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Financially Speaking

BDO survey: Retail CFOs bullish about M&A, IPO activity in 2013

By Marianne Wilson
The retail industry is poised for another year of heavy deal flow. Nearly all retail CFOs (94%) expect merger and acquisition will increase or remain steady in 2013, according to a new survey from BDO USA.
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Deals/M&A

Party City to expand growth in New England with acquisition of iParty Corp.
iParty Corp., a leading party goods retailer with a strong presence in New England, has entered into an agreement to be acquired by Party City Holdings Inc., North America’s largest party supply retailer.
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Newsmakers

Founder of Barnes & Noble to bid for chain’s retail assets
Leonard Riggio, founder and chairman of Barnes & Noble, has told the company’s board that he wants to make an offer for its retail business.
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