Finance & Capital Management

DEERFIELD, Ill. — Walgreens on Wednesday reported July sales of $5.82 billion, an increase of 4.7%.

APOPKA, Fla. – Winn-Dixie announced the opening of the first of several remodeled stores in Central Florida Wednesday as the company looks to reposition itself as the grocery destination in the area.

The store, located in Errol Plaza, is one of 17 planned store remodels. The company expects to invest approximately $5.5 million per store.

Apopka, Fla. -- Winn-Dixie said it has opened its fourth new-format grocery store, this one in Central Florida, on Wednesday, as part of its rollout of an enhanced neighborhood market concept.

The newest store, located in Errol Plaza, is one of 17 planned store remodels. The company expects to invest approximately $5.5 million per store.

PLANO, Texas — Dr Pepper Snapple Group has announced that Carolyn Ross, VP investor relations, will assume leadership of the company’s investor relations function, reporting directly to CFO Marty Ellen.

Plano, Texas -- In a notification to Connecticut’s labor department, J.C. Penney Co. said it will lay off 442 workers at J.C. Penney’s distribution center in Manchester, Conn.

According to the notice, J.C. Penney is closing the facility's dot-com unit, and that employees' last day will be Sept 30.
 

EL SEGUNDO, Calif. — Things are tough out West. Just ask Big 5 Sporting Goods, which reported another quarter of disappointing results as it continues to buck strong headwinds in the 12 Western states where its 395 stores are located.

BERLIN, N.J. — A.C. Moore Arts & Crafts saw sales for its second quarter decrease 0.8% to $99 million from $99.9 million last year. According to the company, the decrease was primarily due to a decrease in comparable-store sales of 0.7%. Net loss for the quarter was $7.9 million, or 32 cents per share, compared with a net loss of $9.7 million, or 40 cents per share in the second quarter of last year.

JACKSONVILLE, Fla. — Winn-Dixie Stores announced that it expects to report net sales of approximately $6.9 billion compared with $7 billion for the prior fiscal year (which included an extra week), reflecting a 0.1% decrease in identical-store sales. Net loss from continuing operations is expected to be approximately $30 million or 54 cents per diluted share, compared with net income from continuing operations of $37 million or 67 cents per diluted share for fiscal 2010.