-
Walgreens offers assistance to disaster relief
DEERFIELD, Ill. — Walgreens has donated $100,000 to the American Red Cross to aid those affected by the storms and tornadoes that recently hit the Southeast.
The drug store chain also is providing nonperishable food, medical supplies and water directly to local shelters and first responders in Alabama and Georgia. Additionally, cleaning supplies and three truckloads of water also have been donated.
-
Sears gives gloomy outlook ahead of annual meeting
HOFFMAN ESTATES, Ill. — Sears Holdings will host its annual meeting on May 4, and attendees likely will want to know how the company plans to improve sales and return to profitability under the leadership of its new CEO, Lou D’Ambrosio.
Ahead of the meeting, the company reported a same-store sales decline of 3.6% for its fiscal first quarter, which included a 1.6% decrease at its Kmart stores and a 5.2% decrease at its Sears Domestic stores.