Month: August 2016

Mr. Staples will continue to report directly to Dennis Eidson, who continues his responsibilities as Chairman and Chief Executive Officer. As President and Chief Operating Officer, Mr. Staples will lead the Company’s overall strategy implementation and execution, and direct all operating aspects of the retail, wholesale and military distribution business segments. This move will enable Mr. Eidson to continue to focus on long-term strategic growth opportunities. …

A late addition to a Republican financial reform bill threatens to spark a major lobbying battle between banks and retailers, adding legislative jockeying to the GOP's efforts to highlight their election-year agenda. It's of overriding importance to the banking sector and businesses with customers who pay with debit cards, including grocery stores, retailers, convenience stores and gas stations. …

Discount retailer Dollar General Corp.  said it was cutting prices on its most popular items such as bread, eggs and milk, intensifying a price war with retail giant Wal-Mart Stores Inc. to win back market share. …

D’Agostino, the struggling 84-year- old independent New York supermarket chain, has found its white knight — rival grocer Red Apple Group. …