ISSAQUAH, Wash. — Costco Wholesale Corp. here anticipates becoming slightly more aggressive on the number of domestic warehouse openings under its new chief executive officer, a company executive said Thursday....More
MILWAUKEE — Citing heightened price competition and difficult comparisons — including sales aided by the Green Bay Packers’ march to the 2011 Super Bowl — Roundy’s Supermarkets said comparable-store sales fell by 2.1% in the fiscal first quarter....More
CHESAPEAKE, Va. — Shares of Dollar Tree were trading down by more than 5% Thursday afternoon after the retailer said sales and earnings would come in near the low end of expectations during its current fiscal quarter....More
BENTONVILLE, Ark. — Price investments in food and other consumables helped drive sales growth at Wal-Mart Stores in the first quarter, but also pressured profit margins at the world’s largest retailer....More
GRAND RAPIDS, Mich. — Spartan Stores’ new Valu Land discount concept will add three to five new stores this fiscal year, and officials see the potential for the banner as an organic growth vehicle outside of Michigan....More
MINNEAPOLIS — Target Corp. here said Wednesday that strong apparel sales and a better mix of higher-margin product helped boost profit margins in the first quarter....More
LOS ANGELES — Arden Group, parent company of Gelson's Markets, said the shutdown of one of its 18 supermarkets contributed to a drop in earnings during the first quarter ended March 31....More
MILWAUKEE — Roundy’s Supermarkets on Thursday said same-store sales decreased during the fiscal first quarter, in part because the year-ago period included higher sales accompanying the Green Bay Packers’ trip to the Super Bowl....More
SAN BERNARDINO, Calif. — Stater Bros. Markets here contemplates investing “a small amount of gross margin” in the second half of its fiscal year, Jack Brown, chairman and chief executive officer, said Wednesday in a call with bondholders....More
BRAMPTON, Ontario — Officials of Loblaw Cos. last week insisted they were making progress but analysts reviewing lackluster quarterly financial results questioned whether they could produce some proof....More