99 Only Stores sees sales comparison grow for second-quarterOctober 8th, 2009 99 Only Stores sales measurement grew for 2QCOMMERCE, Calif. — Discount retailer 99 Only Stores said Thursday that its sales at stores open at least a year grew 2.3 percent in its second quarter.
Blockbuster may close as many as 960 stores to cut costs amid fierce competitionSeptember 15th, 2009 Blockbuster may close as many as 960 US storesSAN FRANCISCO — Blockbuster Inc. may close as many as 960 stores by the end of next year, shedding more dead weight as the struggling video rental chain tries to reverse its losses and fend off rapidly growing rivals Netflix Inc.
Analyst applauds Blockbuster's decision to offer $340 million in senior notes; shares surgeSeptember 14th, 2009 Analyst applauds Blockbuster offer of senior notesNEW YORK — Shares of Blockbuster Inc. surged Monday after an analyst said the video rental company's decision to issue $340 million of senior notes should put to rest investor concerns about liquidity.
Starbucks changes course, plans to keep 30 company-owned locations open after they improveSeptember 9th, 2009 Starbucks reverses course, keeps 30 sites openNEW YORK — Coffee-shop heavyweight Starbucks Corp. said Wednesday that it's scrapping plans to close 30 locations.
Kirkland's turns profit in 2nd quarter, as falling costs offset flat revenueAugust 26th, 2009 Kirkland's turns profit in 2Q on falling costsNASHVILLE, Tenn. — Home decor retailer Kirkland's Inc.
Blockbuster 2nd-qtr loss narrows but misses analyst expectationsAugust 13th, 2009 Blockbuster 2Q loss narrows but misses Street viewDALLAS — Blockbuster Inc. says its second-quarter loss narrowed as the struggling video rental chain cut costs amid declines in revenue.
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.
Associated Food Stores to buy 36 Albertsons stores in Utah from SupervaluJuly 28th, 2009 Grocery wholesaler to buy 36 Albertsons in UtahSALT LAKE CITY — Grocery wholesaler Associated Food Stores Inc. says it has agreed to buy 36 Albertsons stores in Utah from Minneapolis-based Supervalu Inc.
Supervalu 1st-qtr profit plunges, co. lowers forecast, but adjusted results top expectationsJuly 28th, 2009 Supervalu 1Q profit down, co. lowers forecastPORTLAND, Ore.
Grocery chain Bashas' files for Chapter 11 reorganization, will close 10 Arizona storesJuly 14th, 2009 Arizona's Bashas' seeks Chapter 11 reorganizationPHOENIX — Stung by the national credit crisis and slowing growth in Arizona, the Bashas' grocery chain said Monday that it has filed for Chapter 11 protection in U.S. Bankruptcy Court.
Pantry buys 38 convenience stores as it enters Mobile, Ala., marketJune 30th, 2009 Pantry buys 38 convenience storesSANFORD, N.C. — Pantry Inc.
Roche discontinues sales of acne drug Accutane amid tough generic competitionJune 26th, 2009 Roche discontinues sales of acne drug AccutaneNEW YORK — Roche said Friday it will stop selling the acne drug Accutane as sales of the treatment continue falling amid competition from less expensive generic versions. Generic versions of the acne treatment have been on the market since 2002 and Roche's branded product's market share has since slipped to less than 5 percent.
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.
CVS Caremark's 1st-quarter profit falls on higher costs, acquisition chargesMay 5th, 2009 CVS Caremark profit falls on costs, chargesNEW YORK — CVS Caremark Corp. said Tuesday that charges and higher costs outweighed a boost in the drugstore operator's pharmacy sales, pushing first-quarter profit down slightly.
Macy's cutting 7,000 jobsFebruary 2nd, 2009 NEW YORK - American department store chain Macy's Inc. is cutting 7,000 jobs - including 5,100 in its stores - and centralising some of its corporate operations in an effort to reduce costs amid an increasingly difficult retail environment.
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