In the wake of the two grocery companies’ failed $24.6 billion merger, The Kroger Co. has filed a legal response to Albertsons Cos’s earlier lawsuit against it.
Canada’s oldest company has begun selling the inventory at nearly all its stores as it continues to hold out hope for a last-minute option to restructure.
Designer Brands Inc. reported a mixed holiday quarter with its first positive comparative sales gain in nine quarters, even as revenue missed analysts’ expectations and its loss grew.
Five Below reported fourth-quarter earnings that topped Street estimates, offered a mixed outlook going forward and said it is returning its focus to its $5-and-under price points.
