courtesy of RiteAidRite Aid Corp. (NYSE: RAD) has been under serious influence of The Jean Coutu Group since 2007. That is coming to an end. The turnaround drug store chain said that a recent…
ThinkstockThe old saying is no pain, no gain. Unfortunately for RadioShack Corp. (NYSE: RSH) the saying for its investors and anyone associated with the company has been “Pain, and more pain!” RadioShack’s new CEO…
courtesy Best Buy Co. Inc.Despite a poor revised second-quarter gross domestic product (GDP) number of just 1.8%, there are undeniable signs that the U.S. economy is starting to improve. The housing market is showing…
RadioShackRadioShack Corp. (NYSE: RSH) is trading up on Monday on hopes that something may come its efforts to hire a financial advisor. We said back when the struggling electronics retailer named a new CEO…
ThinkstockAccording to today’s report from the U.S. Census Bureau, seasonally adjusted retail and food services sales in June rose 0.4% month-over-month and 5.7% compared with June 2012. Economists had expected an increase of 0.8%.…
ThinkstockIn the second such action so far this year, Costco Wholesale Corp. (NASDAQ: COST) is being sued by a luxury goods maker for selling or promoting luxury items that the warehouse store doesn’t sell.…
ThinkstockRetailers are announcing June same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.9% year-over-year, compared with a 3.5% gain in May and a 2.8% gain in April. Retail sales…
ThinkstockFamily Dollar Stores Inc. (NYSE: FDO) reported third-quarter fiscal 2013 results before markets opened this morning. The discount retailer reported diluted earnings per share (EPS) of $1.05 on revenues of $2.57 billion. In the…
ThinkstockThe Kroger Co. (NYSE: KR) today announced that it would acquire supermarket chain Harris Teeter Supermarkets Inc. (NYSE: HTSI) for $49.38 a share in cash, or about $2.5 billion. The price represents a premium…
ThinkstockAs former Barnes & Noble Inc. (NYSE: BKS) CEO William Lynch took the fall for the failure of the company’s e-commerce business, the man who controls the company — Leonard Riggio — got to…
ThinkstockThe chief executive officer of Barnes & Noble Inc. (NYSE: BKS) never really ran the company. The family that has control of the book firm did. But someone had to be the fall guy…
courtesy of StarbucksStarbucks Corp. (NASDAQ: SBUX) breaths high level food retail. The employees are well educated, well spoken and well mannered. The stores are clean, even down to the restrooms. However, there is one…
ThinkstockAs more and more U.S. consumers purchase mobile devices like smartphones and tablets, more of them are using the devices to participate in the all-American pastime: shopping. At the end of the first quarter…
courtesy Best Buy Co. Inc.Shares in Best Buy Co. Inc. (NYSE: BBY) rose 25% in the second quarter. J.C. Penney Co. Inc.’s (NYSE: JCP) stock was up 15%, in contrast to a 3% rally…
ThinkstockGrowth businesses are the real story of the success of America. So when a hamburger chain like Smashburger started in 2007 and is on the path to have 250 units by the end of…