Retail - US Retail

Walgreens Scraps Rite Aid Takeover, Will Buy Stores Instead

Walgreens Boots Alliance is scrapping its deal to buy all of rival Rite Aid, and instead will buy a smaller piece of the drugstore chain, after the origina...

Walmart Acquires Apparel Brand Bonobos

US retailer Walmart has acquired the online apparel brand Bonobos for $310 million in cash. Andy Dunn, founder and CEO of Bonobos, will join Walmart and...

Ahold USA Appoints Bertram As President Of Giant/Martin’s

Retail group Ahold Delhaize has announced that it is appointing Nick Bertram as president of the US supermarket chain Giant/Martin’s. Bertram...

Amazon To Acquire Whole Foods In $13.7 Billion Bet On Groceries

Amazon will acquire Whole Foods Market in a $13.7 billion deal, marking the biggest transaction ever for the e-commerce giant as it pushes deeper into groc...

Costco Says It's Stepping Up Scrutiny Of Chemicals In Products

Costco Wholesale Corp. will intensify scrutiny of its products for chemicals of “regulatory and social concern.” The warehouse club retail c...

Kroger Records 56% Drop In Net Earnings In Q1

US retailer Kroger has posted net earnings of $303 million (€271 million) for the first quarter of 2017, with $0.32 per diluted share. This re...

Latest US Retail Sales Figures Not So 'Gloomy': GlobalData

Neil Saunders, managing director of GlobalData Retail, believes that the “gloomy” headlines that are being generated about the curren...

Dollar Tree Appoints Michael Witynski As President And COO

American discount retailer Dollar Tree has announced that Michael A. Witynski, 54, has been promoted to president and chief operating officer. Wity...