Finance & Capital Management

Rite Aid Corp. on Wednesday posted a big jump in quarterly profit as the drug store retailer benefited from its ongoing sale of 1,932 stores to Walgreens Boots Alliance Inc.

Destination Maternity has named a new interim CEO—its second since September.

Macy’s will shutter its store at Fountain Place, in downtown Cincinnati, one of the two cities (the other is New York) where it operates corporate offices.

The anticipated tax bill could spur retail automation — and slash payrolls.

DLC Management Corp. has consummated what it claims to be the largest single retail real estate deal in Texas in the past year, affirming the company’s westward move.

In an unusual move for a big national chain, Sears Holdings pulled a disappearing act on television during the just-passed holiday season.

The parent of QVC has officially added its biggest rival — home shopping giant HSN — to its portfolio of online and catalog retail companies.

The new year brought with it higher minimum wages in 18 states and about 20 localities.