Retail Financial Archive
Tops Adds 40 Accounting Jobs
WILLIAMSVILLE, N.Y. — Tops Markets said it would hire 40 people to work in its accounting department as part of the retailer’s re-establishment of its operations here. ...
Family Dollar Promotes McCaffety to Operations VP
MATTHEWS, N.C. — Family Dollar Stores here said it has named Lonnie W. McCaffety to the position of vice president of store operations. ...
Retailers Escape Storm; Crops in Question
JACKSONVILLE, Fla. — Winn-Dixie Stores released all non-critical employees from its headquarters here yesterday as a precaution amid heavy flooding from Tropical Storm Fay, but operators around the state contacted by SN said they suffered no damage to stores. ...
Wal-Mart, Coughlin Reportedly Settle Benefits Suit
BENTONVILLE, Ark. — Wal-Mart Stores here agreed to settle its dispute with former executive Tom Coughlin out of court, reports said Thursday. ...
Oceanside, Calif., Set to Pass Cart Retrieval Law
OCEANSIDE, Calif. — The City Council here is expected to give final approval next week to what an official termed a business-friendly law that would require store owners to take more responsibility for keeping shopping carts on their premises. ...
Stop & Shop, Giant Unveil New Logos
QUINCY, Mass. — Stop & Shop and Giant of Landover, Md., are unveiling new logos today, part of an effort to highlight broad changes being made in the stores....
Safeway Canada Inks 5-Year Labor Pact
CALGARY, Alberta — Safeway Canada here said its workers approved a new, five-year labor contract this week that covers about 8,000 employees in British Columbia. ...
Economy Drives Sales Gains at BJ’s
NATICK, Mass. — Consumers looking for values drove hefty increases in sales and store traffic to BJ’s Wholesale Club during the second quarter, but a relatively cautious outlook sent stock in the retailer down by more than 7% Wednesday....
Target Sees Benefits From DC Openings
MINNEAPOLIS — As Target Corp. here begins opening its own food distribution facilities, it expects profit margins to expand, even though expenses will rise, the company said during a conference call with analysts to discuss financial results for the second quarter, which ended Aug. 2....
Effects of Stimulus Checks Negated by Price Increases: Study
FRANKLIN, Tenn. — The $92 billion in stimulus checks sent out by the U.S. government so far has been more than offset by higher consumer prices, according to recent research from IHL Group here....
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