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  • Acquisition creates first national bedding chain

    The nation’s two leading mattress specialty firms are one.

    On Friday, Mattress Firm completed its $780 million acquisition of rival Sleepy’s. The combined company will have annual sales of over $3.6 billion through approximately 3,500 retail locations in 48 states.

  • Costco sales mostly soft in January

    Same-store sales at Costco were mostly flat in January across the globe, mirroring reports from other retailers reporting soft sales.

  • Commentary: These are the type of stores Amazon should open

    It makes no sense for Amazon.com to open the type of physical bookstores it helped obliterate, not when the online giant already has the physical infrastructure in place to support a large scale rollout of another type of store in one of retail’s hottest sectors.

  • Publix expands specialty pharmacy in new deal

    Publix and AmerisourceBergen on Thursday announced a long-term agreement encompassing the distribution of branded, generic and over-the-counter health and pharmaceutical products. The agreement also enables Publix’s network of more than 980 pharmacy locations across the southeast to expand patient access to specialty medications.

  • The stores Amazon should open

    It makes no sense for Amazon.com to open the type of physical bookstores it helped obliterate, not when the online giant already has the physical infrastructure in place to support a large scale rollout of another type of store in one of retail’s hottest sectors.

  • 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.

  • Home Depot embarks on spring hiring spree

    The Home Depot is gearing up for the busy spring selling season with the hire of more than $80,000 seasonal employees.

    The retailer is hiring for sales, operations and cashier positions across all departments, which range from the lumber aisle to the Pro desk and the outside garden.

    Additionally, Store Merchandising Execution Teams are also looking for associates to set up displays, maintain store appearance and keep products customer-ready.

  • 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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