ARTICLES BY THIS AUTHOR
- 12/11/2024
With merger off, Kroger doubles down on new stores, remodels; restarting buybacks
The Kroger Co. is resuming stock buyback after abandoning its acquisition of Albertsons. - 12/11/2024
J.Jill’s Claire Spofford to retire; search on for a new CEO
There’s going to be a change in leadership at J.Jill in the new year. - 12/10/2024
Sales grew in November; retailers on track for ‘successful’ holiday season
Moderate retail sales growth continued in November even as two of the holiday season’s busiest shopping days bumped over into December and weren’t included in the month’s totals. - 12/10/2024
GameStop Q3 sales plunge 20%; expects more store closures
Game Stop Corp. reported a third-quarter profit amid cost-cutting efforts even as its sales continued to decline. - 12/10/2024
NYC Must-See Retail: The best of 2024
From a luxury fashion brand to a natural foods grocery giant, New York City has been abuzz with new store openings this year. - 12/10/2024
Wegmans to enter two new states in 2025
Wegmans Food Markets is expanding its footprint in new and existing markets.. - 12/10/2024
Albertsons sues Kroger for breach of contract, calls off merger; Kroger fires back
Albertsons Companies has moved to terminate its merger agreement with The Kroger Co. and has filed a lawsuit suing the grocery store giant for breach of contract. - 12/10/2024
Macy’s ends accounting error investigation, sees no material impact; Q3 sales fall
Macy’s has completed an investigation into an employee who hid about $151 million of delivery expenses on its accounting books for nearly three years and said it has tightened its controls to avoid a repeat of the problem. - 12/9/2024
Federal judge blocks Kroger’s $25B acquisition of Albertsons
In a major win for the Federal Trade Commission (FTC), a federal judge temporarily blocked The Kroger Co. from acquiring rival Albertsons in a deal that would have created the largest supermarket chain in the U.S. - 12/9/2024
Walgreens reportedly in talks to sell itself to Sycamore Partners
Walgreens Boots Alliance is reportedly in discussions to sell itself to a private equity firm.