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RETAIL NEWS

  • Report: Schnucks institutes solicitor ban

  • Amazon continues to expand Texas fulfillment network

    SEATTLE — Amazon announced plans to open a fulfillment center in Coppell, Texas. It will be the Internet giant’s eighth center in the Lone Star State.
     
    “Our ability to expand Texas operations within three short years is the result of two things: incredible customers and an outstanding workforce in the state,” said Akash Chauhan, Amazon’s VP of North American operations. 
     

  • Walgreens Boots Alliance raises stake in AmerisourceBergen to 23.9%

    DEERFIELD, Ill. -- Walgreens Boots Alliance announced Thursday it has exercised warrants to purchase 22.7 million AmerisourceBergen common shares, representing a stake of 23.9%.

    Walgreens Boots Alliance then exercised these warrants and purchased 22,696,912 shares of AmerisourceBergen common stock for an aggregate payment of approximately $1.19 billion. The warrants were originally scheduled to be exercisable in March 2017. The transaction was funded using existing cash on hand.

  • Family Dollar Q2 sales disappoint

    A little over one year since it acquired rival Family Dollar, Dollar Tree reported revenue that missed Wall Street expectations amid lower customer traffic.  
     

  • Kohl's places an even bigger bet on beauty

    MADISON, Wis. -- Kohl's has finished the rollout of enhanced beauty departments across its entire store footprint as the retailer focuses on health and wellness products as a key driver for sales in its existing stores.

  • Ahold Delhaize shares pre-merger Q2, half-year results for both companies

    ZAANDAM, the Netherlands — Ahold Delhaize on Thursday shared Ahold’s Q2 and half-year report for the period ended July 24, including Delhaize Group’s Q2 and half-year results for the period ended June 30 as an appendix. 
     

  • No signs of any slowdown at Ulta Beauty

    BOLINGBROOK, Ill. -- Loyalty program membership and same-store sales continue to fuel growth at Ulta Beauty, which posted blockbuster earnings in the second quarter.

  • Dollar General Q2 sales fall short

    Dollar General Corp. reported lower-than-expected revenue for the second quarter amid increasing competition and reduced food stamp coverage.
     
    The company’s net income was $306.52 million, or $1.08 per share, in the quarter, compared to net income of $282.35 million, or $0.95 per share, in the year-ago period.
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