Lansing, Mich. – While many retailers are preparing to accommodate 91 million Americans receiving tax-rebate checks in the coming months, the majority of Michigan retailers say they will avoid getting involved...
Bentonville, Ark. – Locally based Wal-Mart Stores Inc. terminated 100 positions at its corporate headquarters this week, making this the first time the retailer has laid off employees at its home office since 1995. The company also eliminated 300...
Albuquerque, N.M. – Locally based Furrs Supermarkets Inc. recently announced it would terminate all positions at its corporate headquarters. This news comes just one month after Furrs agreed to sell 66 of its stores in New Mexico and west Texas to...
Minneapolis – Locally based Nash Finch Co. and Omaha, Neb.-based U Save Foods Inc. are discussing the possibility of the acquisition of U Save through a purchase of capital stock...
Washington, D.C. – The locally based National Retail Federation (NRF) joined the National Association of Chain Drug Stores in opposition to a Bush administration proposal to give prescription-drug discount cards to Medicare recipients...
Eden Prairie, Minn. – Following an original age discrimination lawsuit filed by five former employees in June 2000 against Supervalu, U.S. District Judge Paul Magnuson recently ruled that additional former employees could become part of a class...
St. Louis - After settling a lawsuit on behalf of the Americans with Disabilities Act, locally based May Department Stores Co. agreed to renovate its entire store base to give more accessibility to disabled shoppers...
New York – Locally based Investcorp and Boston-based Berkshire Partners LLC recently signed a definitive agreement under which Berkshire will acquire The William Carter Co. (Carter’s) from Investcorp and its clients for approximately $450 million...
Washington, D.C. – According to the Triversity Top 100 Retailers, a ranking based on an annual survey and published in the July issue of locally based National Retail Federation’s STORES magazine, the nation’s top retailers strived in 2000 to...
Cincinnati – Locally based Brandstetter Carroll Inc. and Pflum, Klausmeier & Gehrum Inc. signed a Memorandum of Understanding to merge the two companies. The new firm – to be called Brandstetter Carroll-PKG – will have more than 110 employees...
