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Mergers & Acquisitions

  • Boot Barn kicks into higher gear in Q3

    Boot Barn reported double-digit profit and revenue growth in the third quarter helped by its recent acquisition of Sheplers.

  • L Brands keeps setting sales records

    L Brands raised its profit outlook for the year after reporting record sales in the fourth quarter.

    For the fourth quarter ended Jan. 30, the company had net sales of $4.395 billion, an increase of 8% compared to $4.069 billion for the quarter ended Jan. 31, 2015. Same store sales increased 6%. Net sales for the year ended Jan. 30 were $12.154 billion, an increase of 6% compared to $11.454 billion for the year ended Jan. 31, 2015. Same store sales for the year ended Jan. 30 increased 5%.

  • Grocery veteran named new CEO at Supervalu

    Supervalu Inc. has chosen a new leader to take the company forward as it prepares for a potential spin-off of Sav-a-Lot.

    On Wednesday the company announced the appointment of Mark Gross as its president and CEO. Gross, 52, will succeed Sam Duncan who has previously announced he will be retiring.

  • Restaurant chain to stay in the fast lane with expansion

    Newk’s Eatery is on track with its plans to double in size in the next three years.

    The Jackson, Mississippi-based fast-casual chain entered six new markets and increased its store count by 27% in 2015, opening 20 new locations. It currently operates 96 eateries in 13 states.

  • CVS Health opens first pharmacy within Target in N.C.

    The first of the pharmacy-within-a-store concepts showcasing the CVS Health and Target partnership went live Wednesday morning in the Charlotte, N.C. market. CVS Pharmacy and Target executives participated in a grand opening celebration at the Target store on Weddington Road in Wesley Chapel.

  • CVS Health opens first pharmacy within Target in North Carolina

    The first of the pharmacy-within-a-store concepts showcasing the CVS Health and Target partnership went live Wednesday morning in the Charlotte, North Carolina, market. CVS Pharmacy and Target executives participated in a grand opening celebration at the Target store on Weddington Road in Wesley Chapel

  • First Look: CVS Pharmacy in Target

    The conversion of Target’s in-store pharmacies and health clinics to CVS Pharmacy and Minute Clinic has begun.

    The first of the new store-within-a-store concept showcasing the CVS Health and Target partnership went live Wednesday morning in the Charlotte, North Carolina, market.

    Teams from Target and CVS Health will spend the next six to eight months converting all of Target’s 1,672 pharmacies and 79 clinics nationwide to CVS Pharmacy and Minute Clinic locations.

  • Lowe's steps it up in Canada with RONA purchase

    Lowe's is making major moves in Canada with the $2.3 billion purchase of RONA Inc., a Canadian home improvement retailer and distributor.

    Lowe's had previously made an unsolicited bid on the company more than three years ago, but the substantially higher offer this time around was accepted by Rona's board.

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