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Financials

CPG

Campbell’s Investor Takes Aim at Entire Board

Third Point rips "dismal" performance, blames sibling heirs; Weis Markets separately draws investor attention.

Retailers

Walmart Breaks Through in Q2

Grocery sales and e-commerce power best comps in a decade, the retailer said.

A seven-month auction came down to last-minute phone calls and a choice between equal offers, a new filing shows.

The distributor cited "headwinds" including anticipation of lower sales and revenue from processed foods while slashing fiscal earnings expectations.

The retailer has asked U.S. Bankruptcy Court to approve a pension settlement described as a key to emergence.

The Consumer Price Index showed mixed results in July as gap vs. input costs narrowed.

The retailer said sales improved in all categories as store traffic and average ticket increased.

The proposed $24B deal was scuttled amid investor unease; Albertsons walks away rather than boost offer.

The retailer said its largest U.S. banner lost ground as new marketing and merchandising teams got started, but trends have since improved.

An early Easter and a late Independence Day trigger first quarterly comp-store sales decline in four years.

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