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Finance

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Retailers

BJ’s Wholesale Registers to Sell Backers’ Remaining Shares

The offering could provide a lucrative exit for CVC Beacon and Leonard Green, which took the club retailer private during its rebuild.

Technology

Nuro Draws New Investment

SoftBank has contributed $940 million to support expansion of the self-driving delivery van business.

The new investment will fuel further growth for the retail supply chain software firm.

Traffic, ticket and margins all climb for the Asheville, N.C.-based operator.

Basket Economics: How it all went wrong for United Natural Foods and Goldman Sachs.

When adjusted for calendar issues and online effects, the grocer grew sales by about 6% in the fourth quarter.

The distributor's lawsuit alleges that Goldman Sachs arranged financing that benefited the bank over the company it was advising.

In a trading statement, the retailer said online sales were rebounding.

In an investor presentation, officials detailed a “once-in-a-lifetime” opportunity and said a deal for Shoppers Food is near.

The retailer saw a 1.8% increase in net sales and 73% growth in e-commerce sales.