February 11, 2015

Specialty discount apparel retailer Citi Trends Inc. reported some encouraging trends in terms of sales for fiscal and full year 2014.

February 11, 2015

Rite Aid is set to acquire the leading independent pharmacy benefit manager Envision Pharmaceutical in a deal valued at $2 billion, the retailer announced Wednesday.

January 14, 2015

Rite Aid Corp. has increased its borrowing capacity to $3 billion as part of a refinancing of an 8% senior secured notes that are now due in January 2020.

November 20, 2014

Colliers International released the highlights of its latest global retail report – examining 125 retail real estate markets in 50 countries – and found that luxury retail continues to show strong growth in the top global markets and prime cities in Asia.

November 3, 2014

 A man and a woman have been charged with making more than $3 million in fraudulent charges on Home Depot Canada credit cards between 2011 and 2014.

October 17, 2013

RadioShack and Citi Retail Services announced a long-term agreement to extend their 28-year consumer credit relationship.

August 26, 2013

Hedge fund manager and activist investor William Ackman is selling his entire stake in J.C. Penney.

August 26, 2013

Hedge fund manager and activist investor William Ackman is selling his entire stake in J.C. Penney.

August 21, 2013

Citi Trends Inc. lost $5.5 million for the period ended Aug. 3, compared to a loss of $7.9 million in the same quarter a year earlier.

July 24, 2013

Paul Rutenis, the top buyer for J.C. Penney's newly made-over home department, has left the company, according to a report by Citigroup.

July 24, 2013

Paul Rutenis, the top buyer for J.C. Penney's newly made-over home department, has left the company, according to a report by Citigroup.

July 8, 2013

Jones Group Inc. has tapped Citigroup Inc. to explore a possible sale, according to Reuters.

June 7, 2013

Another executive hired by former J.C. Penney CEO Ron Johnson has apparently left the chain. Kristen Blum, executive VP and chief technology officer, is no longer with Penney, according to various reports that cited a note to investors by Citi analyst Deborah Weinswig.

March 15, 2013

Citi Trends reported a fourth quarter loss of $704,000, narrowed from a $5.3 million loss in the same period last year.

February 19, 2013

Office Depot and OfficeMax are in talks to merge, according to reports by the Wall Street Journal and Bloomberg.

October 1, 2012

Research released by Citigroup and published by Wall Street Journal’s MarketWatch found that digital sales for the holiday 2012 shopping season are expected to increase at least 20%, thanks to two additional shopping days and amped-up retail marketing efforts.

October 1, 2012

Research released by Citigroup and published by Wall Street Journal’s MarketWatch found that digital sales for the holiday 2012 shopping season are expected to increase at least 20%, thanks to two additional shopping days and amped-up retail marketing efforts.

August 15, 2012

Despite narrowing its loss in the second quarter from $10 million to $7.9 million this quarter, Citi Trends still missed Wall Street expectations.

January 26, 2012

Citi Trends said that its president and CEO David Alexander has resigned the company, effective immediately, and will be replaced by prior CEO Ed Anderson, who led the retailer from 2001 to 2009.

November 22, 2011

Citi Trends reported a loss of $6.8 million in the third quarter, compared with a loss of $0.4 million a year earlier.

November 2, 2011

Citi Trends said it has secured a new, five-year, $50 million credit facility through Bank of America to replace its prior $20 million credit facility.

October 25, 2011

Citi Trends announced the resignation of Elizabeth R. Feher, the company’s executive VP and chief merchandising officer.

October 3, 2011

Starbucks Coffee Company is teaming up with the Opportunity Finance Network (OFN) to launch a “Create Jobs for USA” fund.

September 23, 2011

Citi Trends said Friday that it would cut jobs and open fewer stores than it planned in an effort to save money after losing $10 million in the second quarter.