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Trading Partners

  • Dollar General reveals ’15 growth strategy as Q4 comps to grow 5%

    Even if Dollar General is unsuccessful in acquiring Family Dollar, the company plans to get bigger faster in 2015 by opening two stores every day and enhancing the productivity of an already expansive footprint.

  • Barnes & Noble Q3 profit slips, ends Nook deal with Microsoft

    New York – Consolidated net earnings dropped 8% at Barnes & Noble Inc. in the third quarter of fiscal 2015, to $12.3 million from $13.2 million. An increase in selling, general and administrative (SG&A) expenses helped drive the drop in profit.   Second quarter consolidated revenues decreased 3% to $1.69 billion from $1.75 billion.   

  • Target data breach lawsuits to go forward

    A federal judge says several banks suing Target Corp. over its 2013 data breach have a plausible case for negligence and can proceed with the lawsuit.

  • Food industry finds new friend in high place

    Few people in the food industry know the name Denzel McGuire, but that’s about to change as she just became the industry’s best friend in the nation’s capital.

    McGuire has been named EVP of government relations at the Grocery Manufacturers Association, which is a big deal considering the food industry is under relentless pressure and regulatory scrutiny. GMA needs a strong voice and a connected presence in the nation’s capital to represent the interests of its members and McGuire fits the bill on both fronts, according to GMA President and CEO Pam Bailey.

  • Home Depot to buy HD Supply hardware wholesaler

    Atlanta - The Home Depot has reached an agreement to purchase HD Supply Hardware Solutions, formerly known as Crown Bolt, a wholesale hardware supplier. The transaction is expected to close by the end of fiscal year 2014 subject to obtaining customary regulatory approvals.

    The Home Depot is HD Supply’s largest customer and accounts for about 98% of its annual sales. Terms of the deal were not disclosed.

  • Home Depot to buy hardware unit

    Home Depot has agreed to buy the hardware business unit of HD Supply Holdings Inc., the industrial distributor that was once part of the home-improvement retailer and has since been a longtime partner.

    "Our companies have had a long-standing relationship," said Craig Menear, CEO and presiden of Home Depot. "By formally bringing the business into the Home Depot family, we expect to further enhance our supply chain capabilities and hardware product offerings."

  • Destination Maternity adds investor to board

    Destination Maternity has appointed the managing partner of investment firm Voce Capital to the company's board of directors.

    "As a long-term investor in Destination Maternity, we look forward to bringing additional shareholder perspective to the board and continuing to work constructively with the company to help enhance its value," J. Daniel Plants of Voce Capital said.

  • Chief merchandiser of Walmart out

    BENTONVILLE, Ark. — The merchandising organization at Walmart is being transformed again following the departure of executive VP and chief merchandising officer Duncan Mac Naughton. His departure, in turn, served as the linchpin for several other high level moves.  
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