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UNITED NATURAL FOODS reported a $19.3 million loss for the fiscal 2019 first quaerter, ended Oct. 27, largely due to costs related to its $2.9 billion acquisition of SUPERVALU.

UNFI reports $19.3M loss related to acquisition of SUPERVALU

PROVIDENCE – United Natural Foods Inc. reported a net loss of $19.3 million, or 38 cents per diluted share, for the first quarter of...
REAL WORLD CYBERMANIA: When all the counting is done, it looks like American shoppers likely spent nearly $8 billion on CyberMonday, part of the traditional Thanksgiving holiday kick-off to the holiday shopping season. Where do you like to do your holiday gift buying? / BLOOMBERG NEWS PHOTO/ALEX KRAUS

How do you do your holiday shopping?

While the final numbers won't be in for a while, it appears that nearly 10 million fewer Americans shopped over the Thanksgiving holiday weekend,...
CVS HEALTH has closed its $70 billion acquisition of Aetna. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

CVS Health closes $70B Aetna acquisition

WOONSOCKET — CVS Health Corp. has closed its acquisition of Aetna Inc., with the latter valued at $212 per share, or about $70 billion,...
THE AVERAGE U.S. shopper spent $313 over the five-day holiday weekend. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

American shoppers shelled out $313 each over five-day weekend

NEW YORK - A million more United States shoppers than expected turned out for the five-day holiday weekend, and many spent hundreds of dollars...
CYBERMANIA: Shoppers are on track to spend an estimated record of $7.8 billion on Cyber Monday. / BLOOMBERG NEWS FILE PHOTO/ALEX KRAUS

Blockbuster Cyber Monday is overshadowed by economic outlook

NEW YORK - Shoppers are on track to spend an estimated $7.8 billion on Cyber Monday - a record - boosting a strong holiday shopping...
THE UNITED STATES CONSUMER sentiment index dropped to 97.5, the lowest level since August. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. consumer sentiment sours more than forecast in Nov.

NEW YORK - United States consumer sentiment declined more than forecast in November as Americans’ views about the economy deteriorated amid rising interest rates and...
DAVID'S BRIDAL filed for Chapter 11 bankruptcy with a plan to cut debt by more than $400 million and a deal with lenders that will keep stores open during a reorganization. / BLOOMBERG NEWS FILE PHOTO/JEENAH MOON

David’s Bridal files for Chapter 11 bankruptcy in Delaware

NEW YORK - David’s Bridal Inc. filed for bankruptcy with a plan to cut debt by more than $400 million and a deal with...

Retail workers can’t lose

One of the brightest spots in the strong Nov. 2 jobs report was the acceleration in wage growth for workers in the retail industry....
U.S. RETAIL SALES rose by the most in five months in October, driven by automobiles, fuel and building materials. / BLOOMBERG NEWS FILE PHOTO/ARIANA LINDQUIST

Retail sales show U.S. spending solid but no longer gangbusters

NEW YORK - Americans are still shopping - just not at the gangbusters pace seen earlier in the year.October retail sales rose by the...
THE NUMBER OF mall loans issued since the financial crisis identified as “highest risk” has almost tripled to 29 this year, according to Wells Fargo & Co. / BLOOMBERG NEWS FILE PHOTO/MATT TOWNSEND

Borrowers flee empty malls, and bond investors brace for fallout

NEW YORK - Things are getting worse for malls across America. So much worse that their owners are walking away early from struggling properties,...
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