Tag: retail
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...
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 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,...
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...
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...
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 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....
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...
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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