09/30/2014 - 8:11am

Walgreens Tuesday morning posted fourth-quarter sales of $19.1 billion, representing an increase of 6.2% compared to the year-ago period, while sales for the fiscal 2014 ended Aug. 31 increased 5.8% to a record $76.4 billion. 

 

09/29/2014 - 2:16pm

Peapod and Giant Food Stores on Monday announced that they have introduced the Peapod home and business delivery service area to communities in Lehigh and Northampton counties in Pennsylvania.

09/29/2014 - 10:53am

Family Dollar Stores on Monday announced the launch of the “Ad Match Promise” program.

09/29/2014 - 9:55am

Alliance Boots on Monday announced that China Securities Regulatory Commission has approved the group's investment in Nanjing Pharmaceutical Company Limited.

09/29/2014 - 9:15am

Walmart on Monday named Kevin Systrom, co-founder of Instagram, as a new member of the company’s board, effective Sept. 26.

 

09/26/2014 - 4:44pm

Meijer has launched a first-of-its-kind food solutions program in each of its 213 stores. According to the retailer, “Ready! For You” is designed to meet the tastes and lifestyles of busy families by providing recipe ideas, inspiration and savings opportunities in-store and online.

09/22/2014 - 4:07pm

Safeway is offering to pay cash consent fees to holders of three series of senior notes due in 2017, 2018 and 2019. 

09/19/2014 - 1:58pm

Walmart on Thursday said it plans to hire 60,000 temporary workers for the holiday season, an increase of nearly 10% from last year.

09/19/2014 - 8:57am
Revising year-end guidance on account of reimbursement rate headwinds, Rite Aid's stock took a hit after reporting second-quarter earnings even though the company beat analysts' consensus estimates for the quarter. The retail pharmacy operation recorded second-quarter profit of $127.8 million, or 13 cents per share, more than doubling FactSet consensus analyst estimate of 6 cents a share, according to a MarketWatch report. And while revenue of $6.5 billion was in line with analyst expectations, Rite Aid topped expected same-store sales growth of 3.3% by recording 4.1% in same-store sales growth. 
 
Rite Aid is still on the right track.