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Finance & Capital Management

  • Report: Walgreens sets deadline for approval of Rite Aid deal

    The latest move by Walgreens Boots Alliance in its pursuit of the Rite Aid may be a bet that a Trump-appointed FTC chief will finally push the deal through.  
  • Fashion retailer expanding into new markets

    South Moon Under is on the move. The on-trend fashion retailer, which carries a variety of contemporary brands, will open its first stores in the South in April, with locations at Ponce City Market, Atlanta, and Avalon, Alpharetta, Georgia. In the fall, the company will open a store at Shops Around Lenox, Atlanta.
  • Furniture retailer terminates referral program with appliance partner

    Rent-A-Center is taking another step toward repositioning the company for profitability.   The furniture retailer’s Acceptance Now division is terminating its referral agreement with Conn’s Appliances. These accounts consistently underperformed compared to the rest of its ANow portfolio in terms of delinquencies, losses and product returns.   
  • Fashion retailer expanding into new markets

    South Moon Under is on the move.   The on-trend fashion retailer, which carries a variety of contemporary brands, will open its first stores in the South in April, with locations at Ponce City Market, Atlanta, and Avalon, Alpharetta, Georgia. In the fall, the company will open a store at Shops Around Lenox, Atlanta.    
  • Amazon shutting down parent company of diapers.com

    Amazon is getting is shutting down one of its units after it failed to turn a profit.   The company pulling the plug on Quidsi, parent company of diapers.com, soap.com and several other shopping sites, which it purchased in 2010. The news was first reported by Bloomberg.   
  • Lululemon stretches profits in Q4, but hedges 2017 outlook

    A stronger focus on product innovation and digital initiatives contributed to gains during Lululemon’s fourth quarter, but a slow start to the year impacted the company’s expectations for Q1 2017.  
  • Discount chain reported a Q4 profit — and plans for expansion

    Dollarama ended the year with a strong fourth quarter, an increase it credits to higher customer spending.   For the fourth quarter ended January 29, 2017, the Canadian discount retailer’s sales increased by 11.5% to $854.5 million. The chain’s gross margin was 41.4% of sales, compared to 40.8% of sales.  
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