Costco’s net sales climb during MayCostco reported that its net sales in May rose 7.5% to $12.6 billion, and total same-store sales increased 5.4%. Food Lion to acquire 62 stores from Southeastern GrocersAhold Delhaize entered into an agreement to purchase 62 Bi-Lo and Harveys Supermarket stores in North Carolina, South Carolina and Georgia from Southeastern Grocers. Edgewell Personal Care shakes up executive leadership structure Edgewell Personal Care is evolving its executive leadership structure by appointing new positions and eliminating roles as well. Costco’s Q1 sales rise amid pandemic Costco’s net income fell to $838 million, but net sales increased by 7.3% to $36.45 billion in the quarter ended May 10. Dollar General’s Q1 reports biggest same-store rise in years Dollar General’s net income surged to $650 million, or $2.56 a share, in the quarter ended May 1, up from $385 million, or $1.48 a share, in the year-ago period. Target’s Q1 beats expectations Target reported a 10.8% increase in first-quarter comparable sales as its digital sales steadily accelerated during the COVID-19 crisis. Sephora, JCPenney to continue partnership The long-standing partnership to operate Sephora inside JCPenney has been reaffirmed by both companies. Publix’s Q1 results in sales increase amid pandemic For three months ended March 28, Publix reported sales of $11.2 billion — a 16.1% increase from the $9.7 billion reported the previous year. Albertsons’ Q4 sales accompanied by strong March, April numbers Albertsons’ identical-store sales surged 47% during March before decelerating to a still-impressive 21% growth rate in April. Target extending pay, benefits for front-line team members Target is extending the lifeline of its previously announced enhanced team member wages and benefits, and monitor its store occupancies. First Previous 33 34 35 36 37 Next Last
