Big Lots is forecasting holiday season success as its core customer responds favorably to a range of merchandising strategies.
Big Lots, an operator of 1,430 stores who generates a third of its sales from food and consumables, said its same store sales increased 1% during the third quarter ended
Rite Aid improved its financial situation by selling nearly 2,000 stores to Walgreens, but major structural and competitive challenges remain, something newly hired CEO Kermit Crawford knows better than anyone.
When retailers and suppliers talk about partnership and collaboration the focus tends to be on two areas: merchandising and marketing initiatives that drive sales or operational matters of making sure products are in the right place at the right time.
Merger and acquisition activity is off to a strong start in 2017 thanks to favorable economic conditions, marketplace dynamics, strong balance sheets and perceptions of a favorable regulatory climate.
Since January, British American Tobacco agreed to acquire Reynolds American Inc.
The future is now when it comes to the world of payments, with all manner of innovative methods of consummating transactions vying for adoption even as cash and checks remain the preferred form of payment for many Americans.