Top Retailers

MINNEAPOLIS — Target Corp. has purchased two online retailers of cooking equipment in a move designed to expand its cooking and kitchenware business, said the mass merchandise retailer, which has lately made major investments in multichannel retailing.

Target announced the purchase of Cooking.com and CHEFS Catalog, both of which will continue to operate under their current names as a single, wholly owned subsidiary of Target. Financial terms of the deals were not disclosed.

NEW YORK — Jim Cramer on Wednesday shared his bullishness on CVS Caremark stock with viewers during the “Lightening Round” portion of his "Mad Money" investment advice program on CNBC.

When asked by a caller whether she should buy CVS Caremark stock, Cramer enthusiastically replied, “I think that’s a great idea. Buy. Buy. Buy!”

PLEASANTON, Calif. — Safeway on Friday announced the retirement of Bruce Everette, EVP retail operations. Kelly Griffith, current president of merchandising, has been chosen to succeed Everette.

"We are deeply grateful to Bruce for his significant and lasting contribution to our company's success," stated Steve Burd, chairman and CEO. "He is the consummate operating executive whose results and people-oriented approach to the business leave an unmistakable imprint on who we are as a company."

NEW YORK — Costco Wholesale Corp. will expand its Issaquah, Wash., headquarters, according to published reports.

The Seattle Daily Journal of Commerce reported Friday that Issaquah's director of economic development, Keith Niven, said the club retailer would expand the headquarters to take up as much as 1.5 million square feet.

The Tacoma, Wash., News Tribune reported that the company currently takes up three buildings that are full.

WOONSOCKET, R.I. — MinuteClinic president and SVP/associate chief medical officer of CVS Caremark, Andrew Sussman, traveled to London this week to discuss how MinuteClinic is improving care and access at substantially lower cost, the company has announced.

PLEASANTON, Calif. — Safeway has been named one of the 2013 World's Most Ethical Companies by the Ethisphere Institute, the company announced Thursday.  

BAKERSFIELD, Calif. — Walgreens was singled out in a lawsuit earlier this week here for suggesting a vitamin E supplement may help improve cardiovascular health. 

Specifically, according to a Reuters report Monday, the complainant stated that Walgreens' Vitamin E 400 IU purported to "naturally contribute to cardiovascular health by helping to protect LDL cholesterol from oxidation which may cause cellular damage." 

SAN CLEMENTE, Calif. — Black Diamond Stoneworks’ cleaning products will soon be seen on the shelves of Walmart across the country.