Top Retailers

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.
Rite Aid Foundation donates additional $50K for Baton Rouge flood relief
CAMP HILL, Pa. — In the aftermath of floods in Baton Rouge, La., the Rite Aid Foundation on Friday announced an additional donation to the American Red Cross Louisiana Capital Area to help with flood relief efforts there. This donation follows the foundation’s Aug. 15 donation of $50,000.

The Rite Aid Foundation’s donation will go toward providing 11,000 comfort kits that include personal hygiene products and snacks for those displaced by the floods.

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.
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.
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.
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.
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.
Report: Walmart is fighting back against Kroger

Walmart is going on the offensive against Kroger and other traditional supermarkets to regain some of the market share that it has lost. (Cincinnatti Business Courier)
Vogue: How Target became the 'it' place for beauty products

Target’s focus on adding niche beauty products to its assortment has made the mass retailer this year's go-to destination for the hottest beauty products. (Vogue)
Joint venture to bring co-branded RediClinics to N.J. Rite Aid stores

CAMP HILL, Pa and WALL, N.J. — A new joint venture between RediClinic and Hackensack Meridian Health is bringing co-branded community care clinics to Rite Aid stores in the Garden State, the two companies announced Tuesday. The joint venture will see 10 Hackensack Merdian Health RediClinics open at Rite Aid locations in Middlesex, Monmouth, and Ocean counties, the first of which will open later this year.