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Should competitors be worried? Grocers have mixed feelings about Wal-Mart neighborhood market expansion in north Alabama25 Sep 2014
HUNTSVILLE, Alabama – Months before Wal-Mart opened a Neighborhood Market in Decatur, Lucky’s Supermarket manager Jimmy Sharp worried the country’s... Continue Reading
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Kroger using house brands to power growth25 Sep 2014
Kroger continues to power growth and draw customers using an expanding stable of in-house brands of everything from baked goods... Continue Reading
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Nordstrom opens first store in Canada25 Sep 2014
CALGARY, Alberta — A crowd of more than 2,000 shoppers took Nordstrom’s first Canadian store by storm Friday on its... Continue Reading
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Meet the average Wal-Mart shopper25 Sep 2014
Wal-Mart is the nation’s largest retailer. The company has more than 11,000 stores globally, including nearly 4,300 in the U.S.,... Continue Reading
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As Tesco profits vanish in flawed accounts, analyst says it’s ‘no longer a viable investment’25 Sep 2014
Tesco is not having a good year. This morning the UK’s biggest supermarket revealed that it overstated its profits in... Continue Reading
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Neiman Marcus Group to acquire German online retailer, flagship store18 Sep 2014
Dallas — Neiman Marcus Group has signed an agreement to acquire the German luxury fashion e-commerce site Mytheresa.com and Theresa,... Continue Reading
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‘Pop-up’ grocery to focus on food in 206518 Sep 2014
What will a grocery store look like in 50 years? A New York-based food design agency intends to find out,... Continue Reading
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Phones 4U founder calls for probe18 Sep 2014
John Caudwell, the outspoken founder of Phones 4U, has called for the markets regulator to investigate whether the “bully boy”... Continue Reading
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Sears borrows $400 million from Lampert’s ESL investments18 Sep 2014
Sears Holdings Corp. (SHLD) is taking a $400 million short-term loan from the hedge fund owned by its chief executive... Continue Reading
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Wal-Mart spokesman said to resign over resume falsehood18 Sep 2014
Wal-Mart Stores Inc. (WMT)’s chief spokesman resigned after the company discovered an almost two-decade-old falsehood in his official biography, a... Continue Reading
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