Canada's Future Shop chain consigned to history

Best Buy announced Saturday that it was closing its Canadian electronics Future Shop stores and cutting some 1,500 jobs, though half the locations will reopen under the American retailer's banner. Closures across Future Shop's 131 stores went into effect Saturday, with 65 of the locations slated to reopen in a week after transitioning into a Best Buy, the US-based mega retailer said. Employees ...

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Best Buy Drops After Electronics Chain Warns of Challenging Year

Best Buy Inc. (BBY) , the largest electronics retailer, fell as much as 9.8 percent in early trading after warning that price pressure and sluggish demand may hamper results in the coming year.

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Supply Chain Carols for Online Shopping for the Holiday Season - eWeek


eWeek

Supply Chain Carols for Online Shopping for the Holiday Season
eWeek
The holidays are here. For many, this is a festive time filled with shopping, giving gifts and attending parties. For those in the retail, shipping and manufacturing sectors, it's also an incredibly busy period, with demand skyrocketing and numerous ...

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Crumbs Bake Shop Launches Test Concept in Mariano's Supermarket Chain

Crumbs Bake Shop, a popular specialty retail chain, is pleased to announce that it has reached an agreement with Roundy's Supermarkets Inc., to launch a test pilot in the Mariano's grocery store in Westchester, ...

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Homebase Chain to Shrink by Quarter as U.K. Shoppers Move Online - Bloomberg


Homebase Chain to Shrink by Quarter as U.K. Shoppers Move Online
Bloomberg
Home Retail Group Plc (HOME) plans to shut about 80 Homebase stores by the end of 2018 as the U.K. home-improvement chain adjusts to an age of online shopping. About a quarter of the chain's outlets will close as the business is scaled down to adapt to ...

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Warren Buffett Buys New-Car Retail Chain - Wall Street Journal


Wall Street Journal

Warren Buffett Buys New-Car Retail Chain
Wall Street Journal
"I fully expect we'll buy a lot more dealerships over time" he said. "We will hear, I predict, from hundreds of dealerships in the next year." In the interview with CNBC, Mr. Buffett discussed other topics, including the recent changes to Coca-Cola's ...

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David vs. Goliath: small grocery chain Presto Grocer plans to topple giants in Southeast Asia

After spending 10 years to establish themselves in Malaysia, the time has come for Presto to challenge the region's big players.

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Embattled grocery chain weighs proposal to buy it - Imperial Valley Press


Boston Globe

Embattled grocery chain weighs proposal to buy it
Imperial Valley Press
WEST BRIDGEWATER, Mass. (AP) — Board members of the beleaguered Market Basket grocery store chain say they will "seriously consider" a proposal from its fired chief executive to buy the company as the chain faces a workers' revolt that has paralyzed ...
Arthur T. Demoulas offers to buy out Market BasketThe Sun
Arthur T. Demoulas offers to buy Market Basket chainSeacoastonline.com
Market Basket board will consider Arthur T's, other offersCapecodonline

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CVS to buy South Florida Hispanic pharmacy chain - PallTimes.com (subscription)


CVS to buy South Florida Hispanic pharmacy chain
PallTimes.com (subscription)
MIAMI (AP) — CVS Caremark is set to buy a South Florida drugstore chain that has historically catered to Hispanic customers. kAmr'$ 2??@F?465 E96 28C66>6? ... An online service is needed to view this article in its entirety. You need an online service ...

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Cupcake chain Crumbs Bake Shop closes stores in L.A., elsewhere

Caving under losses, Crumbs Bake Shop Inc. has closed its high-end bakeries in Los Angeles and elsewhere after more than a decade of promoting the cupcakes that tapped the nation's sweet tooth.

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