Financials

Retailers

New Stores Lift Publix Q1 Sales; Earnings Climb

The retailer said new stores and rising prices contributed to increased sales and comps in the period, despite the Easter sales shift.

Retailers

Weis Increases CapEx Budget

The retailer said it would open 1 new store, remodel 14 units and add six new fuel centers.

The proposed combination of Asda and Sainsbury's would have freed up $4 billion for Walmart.

Outgoing CEO Jim Donald highlights momentum in stores to fuel tech investments and debt reduction.

The 10-day strike cost Ahold Delhaize more than $200 million in sales and about $100 million in profits, but officials insist they're happy with the terms of the resolution.

Deals to sell prescriptions and inventory to CVS and Walgreens widens field of potential buyers, and could indicate end is near.

Walmart will build fewer than 10 new stores this year, but it is increasing capital spending behind renovations and tech investments.

Fast-growing "extreme value" retailer could generate more fuel for growth.

The discounter said the move would reduce costs, widen assortment and provide a chance to execute better in fast-growing categories.

With price increases in all six major grocery categories, the Consumer Price Index shows sequential and year-on-year growth prices are on the rise.

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