Sales rose at Walgreen and fell at smaller rival Rite Aid in June as shoppers filled more prescriptions but bought less discretionary summer merchandise.
As far as stock prices go, supermarkets are still feeling the recession pain — especially in the US. But for some of them, the crisis has been a unique opportunity to woo customers into a relationship that they hope will become permanent.
Consumers may be cutting back on clothes, electronics and fancy dinners this recession, but pyrophiles across America aren't skimping on Fourth of July fireworks.
Wacky fruit and vegetables made a dramatic return to supermarket shelves throughout Europe for the first time in more than 20 years Wednesday, after the European Union scrapped rules governing the size and shape of produce.
Wednesday, 1 Jul 2009 | Source: The Associated Press
Wal-Mart is the latest in a line of traditionally Republican-leaning businesses to embrace key portions of President Barack Obama's bid to overhaul health care, a trend that could complicate opponents' efforts to build a united front when Congress ramps up its work on the issue this summer.
British retailer Marks & Spencer reported a smaller-than-expected drop in first-quarter underlying sales on Wednesday and said consumer spending seemed to be stabilizing, though it remained cautious on the outlook.
In the current economic climate, with C-level executives in every type of business wanting to wring every penny from their corporate processes, sustainability means finding ways to reduce, reuse, and repurpose anything along their supply chain, leading hopefully to a leaner, cleaner—and greener—operation.
Tuesday, 30 Jun 2009 | Source: The Associated Press
Sears said Tuesday that it plans to offer a buyer protection program for its home appliances to help consumers who lose their jobs during the recession.
The Dow capped another down week with a loss Friday as investors shrugged off a surge in consumer sentiment and instead focused on the fact that consumers are squirreling away their money at a feverish pace. But techs gained after encouraging earnings from Palm.
Stocks declined Friday as investors shrugged off a surge in consumer sentiment, instead focusing on the fact that consumers are squirrel away their money at a feverish pace. But techs gained after encouraging earnings from Palm.
Futures pointed to a lower open for Wall Street Friday, despite the fact that stocks in Asia and Europe rallied on the back of higher commodities and metals prices.
Stocks had their best day in weeks Thursday after solid demand for another Treasury auction and encouraging earnings reports from retailer Bed, Bath & Beyond and homebuilder Lennar.
A humorous video clip shown to shareholders featuring Warren Buffett as a mattress salesman is part of a marketing campaign for a real Nervous Nellie model available from Berkshire subsidiary Nebraska Furniture Mart.... Read More
Even with some grease from economic stimulus dollars, consumers remained hesitant to spend in May—and aren't likely to get the urge anytime soon.... Read More