Borders Group announced Thursday that it has agreed to sell itself to Najafi Cos. for $215 million.
Walgreens is expanding its presence in Chicago, and adding 600 new jobs in the process.
Christopher & Banks Corp. reported Thursday that net income for the quarter ended May 28 was $1.9 million, compared with $6.3 million in the year-ago period.
Consumer deal-seeking is here to stay, according to a new report by Parago.
The IBM Retail User Group announced Thursday that drugstore retailer Duane Reade is the winner of its 2011 Retail Innovation Award.
Wegman’s Food Markets, said Thursday it has broken ground on a 123,070-sq.-ft. grocery supermarket in The Village at Valley Forge in King of Prussia, Pa.
The National Retail Federation said Thursday that it is disappointed in the final debit card swipe-fee regulations set by the Federal Reserve.
Regional sports dealer Brand Athletics said Thursday it will operate solely under the name Lids Team Sports, a division of Indianapolis-based Lids Sports Group. Lids acquired Brand Athletics in 2010.
More than half of U.S. consumers who’ve made at least one purchase on their smartphone have done so based on a marketing message delivered via mobile email, according to a new study by ExactTarget.
Rue21 said Thursday it has opened its 700th store, located in New Braunfels, Texas.