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BusinessWire - Retail's articles

  1. Corporate Finance
NEW YORK–(BUSINESS WIRE)–Macy’s, Inc. (NYSE: M) today confirmed that it has received a revised, unsolicited, non-binding proposal from Arkhouse Management Co. LP (“Arkhouse”) and Brigade Capital Management, LP (“Brigade”) to acquire all of the outstanding shares of the Company for $24.00 per share in cash. The Macy’s, Inc. Board will carefully review and evaluate the […]
  1. Department: Food
BENTONVILLE, Ark.–(BUSINESS WIRE)–Whether it’s resolving to eat more fruits & veggies, save money, devote more time to family, or travel the world – most of us abandon our New Year’s resolutions before the end of the month. With the countdown on to National Quitters Day, Walmart+ is teaming up with Andy Cohen to “Save Your […]
  1. Channel: Drug
DEERFIELD, Ill.–(BUSINESS WIRE)–Walgreens Boots Alliance, Inc. (Nasdaq: WBA) (the “Company”) today announced that it has sold shares of Cencora, Inc. (NYSE: COR) (“Cencora”) common stock pursuant to variable prepaid forward transactions executed in reliance on Rule 144 under the Securities Act of 1933, as amended, for current proceeds of approximately $424 million and, depending on […]
  1. Corporate Finance
NEW YORK–(BUSINESS WIRE)–Colgate-Palmolive Company (NYSE:CL): Net sales increased 10.5%; Organic sales* increased 9.0% with growth in five out of six divisions and in all four categories GAAP EPS and Base Business EPS* both increased 16% to $0.86 GAAP Gross profit margin increased 130 basis points to 58.5% Base Business Gross profit margin* increased 140 basis […]
  1. Channel: Club
MARLBOROUGH, Mass.–(BUSINESS WIRE)–BJ’s Wholesale Club (NYSE: BJ), a leading operator of membership warehouse clubs, today announced its Early Black Friday savings event, slated to run October 26 – November 16, 2023. BJ’s members can take advantage of early holiday shopping on toys, tech, TVs and other gifts. Members will also find major savings to get […]
  1. Channel: Drug
PHILADELPHIA–(BUSINESS WIRE)–Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced it has reached an agreement in principle with certain of its senior secured noteholders on the terms of a financial restructuring plan that will allow the Company to accelerate its ongoing business transformation. Implementing the contemplated restructuring plan will significantly reduce the […]
  1. Corporate Strategy
PHILADELPHIA–(BUSINESS WIRE)–Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced that its Board of Directors has appointed Jeffrey S. Stein as Chief Executive Officer (CEO), Chief Restructuring Officer (CRO) and a member of the Board of Directors, effective immediately. Mr. Stein succeeds Elizabeth (“Busy”) Burr, who has served as Interim CEO of […]
  1. Technology & Innovation
PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE: PPG) today announced that it has received two notable honors from retail partner The Home Depot as part of the retailer’s annual Supplier Partnership Meeting. The GLIDDEN® floor paint and concrete stain product line by PPG featuring COOL SURFACE TECHNOLOGY™ formulation was named a 2023 Innovation Award winner – second runner up, […]
  1. Holiday & Events
SAN DIEGO–(BUSINESS WIRE)– #Jackmas–Jack in the Box, Inc. (NASDAQ: JACK), home of the menu with the most variety, announces the return of the Monster Taco along with a spicy twist on the fan-favorite specialty taco – introducing the extra spooky Angry Monster Taco. Ahead of Halloween, Jack’s favorite night of the year, the Monster Taco […]
  1. Channel: Delivery
SAN FRANCISCO–(BUSINESS WIRE)–DoorDash, Inc. (NYSE: DASH) today announced that it will transfer its stock exchange listing to the Nasdaq Stock Market (“Nasdaq”) from the New York Stock Exchange. The Company expects to begin trading as a Nasdaq-listed company on September 27, 2023 and will continue to trade under the symbol “DASH.” “We are delighted to […]
  1. Technology & Innovation
PHOENIX–(BUSINESS WIRE)–Sprouts Farmers Market, Inc., one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States, today announced that James Bahrenburg has joined the company as chief technology officer. Bahrenburg will report directly to Sprouts chief executive officer, Jack Sinclair, and will oversee the strategic direction and […]