Skip to main content

Top Retailers

  • Supervalu transitions EVP retail operations role to former Meijer executive

    MINNEAPOLIS — Supervalu on Thursday announced that Pete Van Helden, EVP retail operations, will be leaving the company this spring. Taking his place will be Kevin Holt.

    "This was a mutually beneficial decision that comes at the right time for both Supervalu and Van Helden, as the company continues to implement its business transformation strategy and as Van Helden moves on to opportunities that will better utilize his strengths," the company stated in a release.

  • Warm weather helps Target deliver Q1 comps growth

    MINNEAPOLIS — April same-store sales at Target increased 1.1% and helped the company achieve a 5.3% first-quarter comps increase that was the highest in six years. How much of the performance was due to record warm weather versus good execution of a solid strategy against the back drop of an improved economy is debatable.

  • United Way recognizes Publix for philanthropy

    ALEXANDRIA, Va. — On Wednesday evening, United Way recognized Publix Super Markets with two Summit awards for philanthropic engagement and community impact, the two companies announced Thursday.

    Publix's 2011 United Way campaign raised $45.6 million — a 12% increase over 2010 — plus associates' per capita gifts exceeded the food industry average by 398%. Publix associates also volunteered 900,000 hours, including more than 1,500 associates serving on United Way and nonprofit boards.

  • Supervalu's board declares quarterly dividend

    MINNEAPOLIS — Supervalu announced that its board of directors declared a quarterly dividend of 8.75 cents per share.

    The dividend is payable on June 15 to stockholders of record as of the close of business on June 1. As of April 27, there were approximately 214 million shares outstanding, Supervalu said.

  • Rite Aid's total, same-store sales increase in April

    CAMP HILL, Pa. — Rite Aid reported a 2.9% increase in same-store sales for the month of April, the company said in a monthly sales report Thursday.

    The boost included a 2.7% increase in front-end comps and a 3% increase in pharmacy comps, as well as a 3.8% increase in script count. Total drug store sales for the period, which ended Saturday, were nearly $2 billion, a 2.5% increase over the $1.95 billion reported in April 2011.

  • Charitable bottled water company claims top prize in Walmart contest

    SAN BRUNO, Calif. — HumanKind Water, PlateTopper and SnapIt Eyeglass Repair Kit have the distinction of being the winners of Walmart's Get on the Shelf contest — beating out more than 4,000 inventors, entrepreneurs and small businesses to claim the coveted prize of being carried in Walmart's U.S. stores, as well as on Walmart.com.

  • Rite Aid sponsors Revlon Run/Walk for Women

    CAMP HILL, Pa. — Rite Aid will be among the industry sponsors of a benefit for women's cancer research, the retail pharmacy chain said Thursday.

    Rite Aid announced that it would field run-walk teams for the Entertainment Industry Foundation Revlon Run/Walk for Women events in New York and Los Angeles, while Revlon will donate $25,000 in Rite Aid beauty product sales. The retailer also will offer Revlon coupons online and will sell exclusive nail polish shades.

  • CVS Caremark's integrated model drives positive outcomes, fuels 'terrific' Q1

    WOONSOCKET, R.I. — CVS Caremark president and CEO Larry Merlo told analysts Wednesday morning that he was “very pleased” with the company's first quarter, as results across both the retail and pharmacy benefit management segments came in at the high end of expectations, and its integrated assets continue to demonstrate success and improve patient lives.

X
This ad will auto-close in 10 seconds