The U.S. Trustee in Toys “R” Us’ bankruptcy case is not happy about the chain’s executive incentive bonus plan.
Northern upmarket grocery retailer Booths has reportedly put itself up for sale, potentially ending 170 years of family ownership. According to The Times , the retailer has drafted in advisors from Rothschild to consider takeover bids, thought to have given an asking price of between £130 and £150 million. Often considered the “Waitrose of the North”, the chain operated from 28 stores across Lancashire, Cumbria, Yorkshire and Cheshire
The offices of Chain Store Age will be closed Thursday and Friday for Thanksgiving. DayBreaker will not be published on Thursday
Foot Locker’s quest to regain momentum got a boost in the third quarter as the chain reported better than expected revenue and earnings.
Walmart is heading into the crucial holiday season on fire, with the chain posting a 50% increase in online sales in its third quarter and topping the Street’s profit, revenue and comp sales estimates.
Physical retail took center stage at Chain Store Age’s X/SPECS 2017 executive conference, which put a spotlight on the evolution of brick-and-mortar stores from a design, build and facilities perspective.
Deena M. Amato-McCoy As Whole Foods Market continues to slash prices at its stores, the chain is attracting competitors’ shoppers — including those from Walmart.
The retailer will offer meal kits from various companies as it tests the growing market, according to one supplier who’s had talks with the chain.
Marianne Wilson There's been a changing of the guard at Dollar Tree as the man who grew the chain into a $22 billion retail powerhouse moves on to a new role. read more
Marianne Wilson Target's remodeling efforts, new smaller store format, same-day delivery pilot and private-label brands were among the topics discussed by company executives during the chain's quarterly earnings call on Wednesday with investors and analysts. read more