Family Dollar Stores reiterated its request Monday that shareholders vote in favor of its agreement to merge with Dollar Tree, citing indications from the Federal Trade Commission that the merger would be more advantageous than a competing proposal for Family Dollar by Dollar General.
Albertsons and Safeway said Friday they will divest 168 stores across eight states as a step toward obtaining Federal Trade Commission clearance for their merger, which they said is scheduled to close in January.
As Costco Wholesale Corp. continues its international expansion, it is contemplating warehouse opportunities in China but is not yet ready to move on them, Richard A. Galanti, EVP and CFO told analysts.
Serious financial challenges are likely to continue for U.S. grocery wholesalers for at least the next five years, and companies that fail to improve efficiency and deliver increased value to customers will be in danger of shutting down, according to a report by IBISWorld.
Retailers need to stop being intimidated by the “big” in “big data” and ask themselves how analytics can deliver specific and practical benefits to the bottom line and thereby strengthen their competitive position, according to a study by Brick Meets Click.