Top Retailers

Report: Meijer looks to expand in Wisconsin
MILWAUKEE, Wis. — In his first major appearance before a Milwaukee crowd, Meijer CEO Hank Meijer said the retailer is gearing up for growth in Wisconsin over the next few years, according to the Milwaukee Business Journal.
Ahold to acquire Spar in Czech Republic
ZAANDAM, the Netherlands — Ahold has entered into an agreement to acquire Spar's business in the Czech Republic. The acquisition includes 50 stores of which 36 are compact hypers and 14 are supermarkets.

The acquisition, which has and enterprise value of CZK 5,245 million, will be funded from existing cash resources and is subject to merger clearance.

Baby boomers, preventive solutions drive OTC

Overall, the OTC sector in 2013 realized $40.2 billion in sales, according to data culled from OTC categories tracked by IRI. That’s up from the $38.3 billion that DSN reported last year. The 2013 sales numbers reflect a strong 2012-2013 cough-cold season and the relaunch of Tylenol, Excedrin and Motrin.
Rite Aid introduces Health Alliance program to enhance patient health, treatment outcomes
Target, MLB team up for education

MINNEAPOLIS — Target and Major League Baseball are working together this baseball season to engage guests and fans in celebrating the nation’s teachers and inspiring kids.
New Love2Love fragrance collection hits Walmart

NEW YORK — Coty has introduced the new Love2Love fragrance collection, inspired by a spectrum of colors that express a woman’s joy and sheer happiness.

Each scent was designed to capture a stylish duo of ingredients that reflect perfect pairs in love.
Report: Data breach takes toll on Target's shopper penetration

BOSTON — Target’s pre-Christmas database breach not only affected the retailer’s fourth-quarter same-store sales, but also contributed to plummeting shopper penetration post-holiday, according to a new report by Kantar Retail.
New Albertson's buys five more Dominick's stores; names president of Jewel-Osco

ITASCA, Ill. — New Albertson’s has acquired five Dominick’s locations and appointed Shane Sampson, currently president of the company’s Boston-based Shaw’s Division, as president of the Jewel-Osco division based in Chicago.

Sampson fills the role that had been held by interim division president Jim Rice since January 2014.

Sampson’s first project highlights the company’s commitment to investing in Chicago: Remodeling and reopening five additional former Dominick’s locations.
Two Supervalu board members, both with Cerberus, resign in wake of Safeway/Albertsons deal

MINNEAPOLIS — Supervalu on Thursday announced that two of its directors, Mark Neporent and Lenard Tessler, have stepped down from the board of directors effective immediately. Neporent and Tessler were both appointed to the board in 2013 as designees of Symphony Investors, a Cerberus Capital Management L.P.-led investor consortium, under the terms of the Tender Offer Agreement entered into with Symphony Investors and Cerberus in connection with Supervalu's sale of five banners to an affiliate of Symphony Investors.
Costco reports Q2 sales up, net income down

ISSAQUAH, Wash. — Costco reported on Thursday a decrease in second-quarter net income, which it attributed to weaker sales and gross margin results in certain non-foods merchandise categories, weaker gross margins in its fresh foods business and lower reported international profits.

Net income for the quarter was $463 million, or $1.05 per diluted share, compared with $547 million, or $1.24 per diluted share, last year.