Blockbuster will close as many as 960 stores to cut costs amid fierce competitionSeptember 15th, 2009 Blockbuster to shutter as many as 960 storesDALLAS — Blockbuster is planning to close as many as 960 stores by the end of next year. That would shrink the video rental chain by more than 20 percent as it struggles against stiff competition from Netflix and Redbox.
Toys R Us will open 350 'Holiday Express' pop-up shops in malls and Babies R Us storesSeptember 14th, 2009 Toys R Us amps up for holidays with more storesNEW YORK — Toys R Us plans to open nearly 350 pop-up stores in malls and inside Babies R Us stores by early October to drive sales during the crucial holiday season. It is the first time the company has opened a significant amount of such stores for its busiest season.
Retail sales comparisons for August at a glanceSeptember 3rd, 2009 Retail sales comparisons for August at a glanceAs shoppers limited back-to-school purchases in August, upscale retailers suffered while some lower-priced chains showed signs of improvement and that the holiday season could be less dismal than feared. Here is how August sales at 30 chains compared with August 2008:
— Apparel stores
Abercrombie & Fitch Co.
Collective Brands plans to expand Payless shoe business with first stores in Russia next yearSeptember 1st, 2009 Payless ShoeSource to expand into RussiaTOPEKA, Kan. — Collective Brands Inc.
Bashas' announces 14 stores to close; company says closings part of bankruptcy filingAugust 10th, 2009 Bashas' announces 14 store closingsCHANDLER, Ariz. —Bashas' food stores said it plans to ask permission from a judge to close 14 underperforming stores as part of its Chapter 11 bankruptcy filing.
Supervalu 1st-quarter profit slips, but adjusted results top Wall Street's expectationsJuly 28th, 2009 Supervalu 1Q profit falls as sales declineMINNEAPOLIS — Grocery chain Supervalu Inc. said Tuesday that its fiscal first-quarter profit dropped 30 percent as sales and profit margins softened as it cut prices and spent more on promotions.
Supervalu 1st-qtr profit plunges, co. lowers forecast, but adjusted results top expectationsJuly 28th, 2009 Supervalu 1Q profit down, co. lowers forecastPORTLAND, Ore.
Supervalu says President, COO Mike Jackson to retire; retail realignment plannedJuly 8th, 2009 Supervalu says President, COO Jackson to retireMINNEAPOLIS — Supervalu said Wednesday its President and Chief Operating Officer Mike Jackson will retire effective August 14. The grocer plans to realign its retail business following his departure.
Spartan Stores to highlight more than 2,400 products with Michigan's Best campaignJuly 4th, 2009 Spartan Stores to highlight 2,400 Mich. productsGRAND RAPIDS, Mich.
Pantry buys 38 convenience stores as it enters Mobile, Ala., marketJune 30th, 2009 Pantry buys 38 convenience storesSANFORD, N.C. — Pantry Inc.
Safeway says union agrees to June 26 contract extension for Colorado grocery workersJune 5th, 2009 Safeway: Colo. workers' contract extended againDENVER — Safeway says its unionized Colorado grocery workers have agreed to extend their labor contract again until June 26.
Same-store sales results for May, by sectorJune 4th, 2009 Same-store sales results for May, by sectorHere are May same-store sales results for chain retailers, by sector, expressed as a percentage increase or decrease over the same month last year. — Drug stores
Rite Aid Corp.
Grocer Supervalu appoints Wal-Mart executive Herkert as CEOMay 8th, 2009 Supervalu appoints Wal-Mart leader as its CEOMINNEAPOLIS — Supervalu Inc. on Wednesday announced that it has appointed Wal-Mart executive Craig Herkert as its new chief executive officer.
Jo-Ann Stores same-store sales rise 1 percent for first quarterMay 8th, 2009 Jo-Ann 1Q same-store sales rise 1 percentHUDSON, Ohio — Craft and fabric retailer Jo-Ann Stores Inc. said Thursday its same-store sales rose 1 percent in the first quarter.
Grocer Supervalu appoints Wal-Mart executive Herkert as CEOMay 6th, 2009 Supervalu appoints Wal-Mart leaders as its CEOMINNEAPOLIS — Supervalu Inc. on Wednesday announced that it has appointed Wal-Mart executive Craig Herkert as its new chief executive officer.
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