Lauren Coleman-lochner
Sears to raise up to $770M with store sales
NEW YORK - Sears Holdings Corp. plans to raise as much as $770 million by selling 11 store sites and separating some smaller-format businesses...
BJ’s shareholder Leonard Green to study possible takeover
NEW YORK - BJ’s Wholesale Club Inc. shareholder Leonard Green & Partners said it’s examining an offer for the U.S. membership warehouse chain, reviving...
BJ’s to explore options, including possible sale
NEW YORK - BJ’s Wholesale Club Inc. said its board has decided to explore and evaluate strategic options, including a possible sale. The shares...
Thanksgiving weekend sales rise 6.4% as shoppers seek out deals
NEW YORK - The average shopper in the U.S. spent 6.4 percent more over Thanksgiving weekend than last year as more shoppers picked up...
CVS says free cash flow may double to $5 billion
WOONSOCKET - CVS Caremark Corp., the largest U.S. provider of prescription drugs, said free cash flow may double to $5 billion by 2015.
The drugstore...
Holiday discounts boost Wal-Mart profits in 4Q
Wal-Mart Stores Inc., the world's largest retailer, said last week that its fourth-quarter profit rose 9.8 percent, exceeding analysts' estimates, as discounts on toys...