MILWAUKEE — Roundy's Markets here said Monday it has signed a definitive agreement to pay $36 million in cash to Safeway to purchase 11 Chicago-area Dominick's locations, which will be converted to the Mariano's banner early next year.
BROOKINGS, Ore. — C&K Market here said last week it has filed a voluntary petition for Chapter 11 bankruptcy protection to address legacy costs, sell or close underperforming stores and resolve debt issues.
MINNEAPOLIS — Target Corp. here said its investment in Canada resulted in a decline in net income for the third quarter, and the company pledged to be highly competitive on price for the holiday season.
NEW YORK — Wall Street analysts were generally upbeat Thursday about long-term prospects for Whole Foods Market, despite a negative reaction by some investors to the chain's fourth-quarter financial results and its lowered financial guidance for fiscal 2014.
NEW YORK — The number of people utilizing digital devices for holiday shopping is expected to rise this year, according to the 28th annual holiday survey by Deloitte here, although slightly more than one-third of respondents said they still prefer to shop in a physical store rather than online.
CHICAGO — Fitch Ratings here said Wednesday it expects operations at Safeway to continue to be pressured following the closing of the sale of the chain's Canadian assets earlier this week to Empire Co., operator of Sobeys.