Financial News

04/15/2014 - 10:34am

99 Cents Only Stores on Tuesday announced its financial results for the shortened fiscal year 2014 that began on March 31, 2013 and ended January 31, 2014, consisting of 44 weeks.

04/14/2014 - 1:14pm

Warmer spring weather spurred continued consumer spending and activity this March. According to the National Retail Federation, March retail sales — which exclude automobiles, gas stations and restaurants — increased 0.8% adjusted month-to-month and 1.6% unadjusted year-over-year.

04/14/2014 - 11:06am

Startup beauty brand Julep Beauty has raised $30 million in additional funding from investors, bringing its total venture funding to $56 million.

04/11/2014 - 2:53pm

Total U.S. retail sales during 2013 reportedly reached $4.5 trillion, a 4.2% increase from $4.4 billion in 2012. According to new data from EMarketer, e-commerce sales of $263.3 billion, up 16.9% from $225.3 billion the prior year, helped drive overall retail sales growth.

04/11/2014 - 11:13am

Safeway on Thursday announced the receipt of a request for additional information and documents from the Federal Trade Commission in connection with the FTC's review of the Safeway/Albertson's merger.

04/10/2014 - 11:09am

Fred's Super Dollar on Wednesday reported sales of $191.2 million, up 1%, for the five-week fiscal month of March ended April 5, 2014.

04/10/2014 - 8:57am

Family Dollar Stores on Thursday reported that for the second quarter of fiscal year 2014 ended March 1, net sales totaled $2.7 billion, representing a decline of 6.1%.

04/10/2014 - 8:24am

In the wake of acquiring Houston-based RediClinic, Rite Aid on Thursday reported revenues of $6.6 billion for the fourth quarter ended March 1, resulting from a 2.2% lift primarily attributed to an increase in pharmacy same-store sales.

04/09/2014 - 1:55pm

The board of directors of Walgreens on Wednesday declared a regular quarterly dividend of 31.5 cents per share, a 14.5% increase over the year ago dividend.

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