Shares of Big Lots surged following the release of fourth quarter earnings; however, the news was not all good.
Grocery store chain Safeway is going public, but shareholders are getting no love from the deal.
A number of grocery retailers are trading in mixed directions today.
The S&P 500 hit another record, but retailers including Costco and Staples struggled. After hours, Safeway said it had been bought for $9 billion.
The Labor Department's weekly jobless claims figure came in better than expected this morning and is helping push all three of the major indexes higher.
Pharmacy comps were up while front-end comps were down in February at Rite Aid.
Companies that can successfully implement proven business models within developing markets are high-potential growth opportunities.
Other retail giants have had a tough winter quarter. Will Costco buck the trend and keep growing?
The Dow ignores revised GDP numbers and posts another winning session.
Despite selling off a big chunk of itself to raise capital, Safeway might not be able to thrive without outside help.