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Retail

  • Bi-Lo, Winn-Dixie parent files for IPO

    New York -- The parent company of Bi-Lo and Winn-Dixie supermarkets, Southeaster Grocers, has filed for an initial public offering.  

    The shares are expected to be offered by Southeastern Grocers, and the number of shares to be offered and the price range for the offering have not yet been determined.

  • Bed, Bath & Beyond boosts Q2 earnings, sales

    Union, N.J. – Bed, Bath & Beyond, Inc. reported year-over-year increases in net income, net sales and same-store sales during the second quarter of fiscal 2013. Net income grew about 18%, to $249.3 million from $224.3 million.

  • iParty stores in Massachusetts shift to Party City

    Rockaway, N.J. — iParty's 28 stores in Massachusetts have officially transitioned to the Party City brand name and will offer a larger selection of party supplies, decorations and costumes. The retailer says it timed the transition for the upcoming Halloween holiday.

  • DSW opens new stores Oct. 3

    Columbus, Ohio – DSW Inc. will open new stores in Baltimore and in Lafayette, La. on Oct. 3.

    The Baltimore store will be located at 3501 Boston Street and the Lafayette store will be located at 609 Settlers Trace Blvd. Customers will be able to participate in the DSW Rewards loyalty program and also participate in the DSW Shoe Lover community on Facebook to receive exclusive offers and giveaways.

     

  • Loblaw makes leadership changes

    Loblaw has announced a string of executive moves, including the appointment of Mark Butler as EVP integration, who is charged with integrating the recently acquired Shoppers Drug Mart.

    In the newly created role, Butler will take on responsibility for planning the integration of Shoppers Drug Mart, while ensuring it remains an independent division. And subject to completion of the transaction following review by the Competition Bureau, Butler will lead the team charged with delivering synergies. He has 37 years with Loblaw, and most recently was EVP conventional division.

  • J.C. Penney seeks up to $1 billion in equity

    Plano, Texas – J.C. Penney Company Inc. reportedly seeks to raise $750 million to $1 billion in cash equity. According to Reuters, J.C. Penney, which is valued at $2.6 billion, is considering issuing new stock shares as well as other unspecified alternatives.

  • Westward bound: Tractor Supply enters Nevada market

    Tractor Supply Co. has opened its first Nevada store as part of its expansion strategy into the Western region of the country.

    The new store is in Carson City on East William Street. After a soft opening earlier this month, grand opening celebrations commence Sep. 28.

  • Loblaw makes executive appointments

    New York -- Canada’s Loblaw Cos. announced a series of executive appointments, including the naming of Mark Butler as executive VP integration.

    In the newly created role, Butler will take on responsibility for planning the integration of Shoppers Drug Mart, while ensuring it remains an independent division. He has 37 years with Loblaw, and most recently was executive VP conventional division.

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