October 23, 2013

All or part of Safeway may be a target for a possible buyout, according to a Reuters report published Wednesday morning citing people familiar with the matter.

October 23, 2013

Safeway on Tuesday afternoon announced that Canada's Competition Bureau has entered into a consent agreement with Sobeys, allowing the parties to proceed with their transaction whereby Sobeys will acquire the net assets of Canada Safeway.

October 22, 2013

Biotech drug maker Amgen has acquired from Roche the rights to drugs used to boost the immune systems of cancer patients on chemotherapy in 100 markets.

October 22, 2013

One-third (33%) of U.S. families are making less money as a result of job loss, moving to a part-time job and/or working at a lower-paying job.

October 22, 2013

Despite many forecasts of a gloomy holiday season for retailers, Deloitte is predicting an increase in consumer spending.

October 18, 2013

Safeway on Friday announced that its board of directors increased the authorized level of the company's stock repurchase program by $2 billion.

October 17, 2013

Supervalu on Thursday reported a second quarter fiscal 2014 net sales increase of 0.2% to $4 billion and net earnings of $40 million, or $0.15 per diluted share.

October 16, 2013

Consumers will take a conservative approach to spending this holiday season. According to NRF’s holiday consumer spending survey conducted by Prosper Insights & Analytics, the average holiday shopper will spend $737.95 on gifts, decor, greeting cards and more, 2% less than the $752.24 they actually spent last year. Despite this reduction in individual holiday budgets, NRF is forecasting holiday sales will increase 3.9% to $602.1 billion.

October 16, 2013

Walmart will be opening more small stores next year and beyond as the company pursues a vision of omnichannel retailing that it contends no other company is capable of executing.

October 15, 2013

AstraZeneca has acquired a British developer of biotech drugs for treating cancer, AstraZeneca said Tuesday.

October 14, 2013

Dutch supermarket operator Royal Ahold has bought back more than a quarter of the shares it intends to as part of a share-repurchase program announced earlier this year.

October 11, 2013

Del Monte Foods will sell its consumer products business to Del Monte Pacific Limited for $1.675 billion in order to focus on the pet products market, Del Monte Foods said.

October 11, 2013

Safeway on Thursday announced, as part of its plan to exit the Chicago market, it has sold four of its Dominick's stores in the greater Chicago area to New Albertsons, which operates Jewel-Osco grocery stores.

October 11, 2013

Safeway on Thursday evening may have posted what analysts have described as disappointing earnings, but that's not stopping Wall Street from recognizing the value Safeway is unlocking with its exit from a pair of markets — Chicago and Canada.

October 10, 2013

Fred's sales increased to $177.3 million in September, the discount store chain said Thursday.

October 9, 2013

More than 1,000 new and relocated stores and an increase in a partnership with supply chain services firm McLane Co. were among the highlights in fourth quarter fiscal year 2013 at Family Dollar, the discount store chain said Wednesday.

October 9, 2013

Costco Wholesale had sales of $31.8 billion in fourth quarter 2013 and $102.9 billion in fiscal year 2013, the club retailer said Wednesday.

October 9, 2013

The Jean Coutu Group reported sales of C$653.8 million in second quarter 2014, compared with C$658.7 million in second quarter 2013.

October 9, 2013

Revlon on Wednesday announced that its wholly-owned operating subsidiary, Revlon Consumer Products, completed its previously disclosed acquisition of the Colomer Group, including the Revlon Professional business, for a cash purchase price of $665 million.

October 4, 2013

A private equity firm that is a major Rite Aid shareholder has exchanged its preferred stocks for common stock, according to a regulatory filing.

October 4, 2013

Harris Teeter Supermarkets on Thursday announced that Harris Teeter’s shareholders overwhelmingly voted to approve the previously announced merger agreement among Harris Teeter, Hornet Acquisition and Kroger.

October 3, 2013

The National Retail Federation expects sales in the months of November and December to increase 3.9% to $602.1 billion, up slightly from last year’s actual 3.5% holiday season sales growth. The forecast is higher than the 10-year average holiday sales growth of 3.3%.

October 3, 2013

Rite Aid's same-store sales increased last month despite being offset by slightly lower front-end same-store sales and new generic drug introductions, the retail pharmacy chain said Thursday.

October 3, 2013

Shop.org expects holiday online sales in November and December to grow between 13% and 15% from last holiday season, to as much as $82 billion.