Content about the Wall Street Journal

May 23, 2014

CVS Caremark is reportedly considering a purchase of Brazilian drugstore chain Drogarias Pacheco São Paulo (DPSP) as it looks to further expand its presence in Brazil, according to news reports.

May 13, 2014

Kohl’s Corp. CEO Kevin Mansell is said to be seeking a new chief merchandising officer who would be next in line to take the CEO reins.

March 28, 2014

Saddled with high levels of debt and sluggish sales, Brookstone Inc. is preparing to file for bankruptcy protection, with a plan already in place to be bought by specialty retailer Spencer Spirit Holdings Inc.

March 20, 2014

Burger King Worldwide Inc. is reportedly planning to introduce a mobile payment app.

March 7, 2014

Abercrombie & Fitch is reportedly planning to rebrand its Hollister banner as a fast-fashion retailer.

March 6, 2014

Private-equity firm Cerberus Capital Management has reached a preliminary agreement to buy Safeway Inc. for over $9 million, the Wall Street Journal reported.

February 27, 2014

Sears Holdings’ CEO Eddie Lampert strongly defended his company in his annual letter to shareholders, saying not only does he believe Sears is headed in the right direction, but that “the entire retail industry is headed to where we already are.”

February 21, 2014

J. Jill is reportedly in the process of hiring bankers to assist in a possible sale of the company.

February 11, 2014

Toward the end of January, the Wall Street Journal reported that Wal-Mart has given itself two years to match the online service and delivery speed of Amazon.com.

February 4, 2014

RadioShack Corp. will close about 500 stores within months as part of its ongoing restructuring, the Wall Street Journal reported.

January 20, 2014

Amazon.com has reportedly obtained a patent for “anticipatory shipping,” or a logistics technique using customer behavior and history to prepare items for shipping before they are actually ordered.

January 2, 2014

Coupons.com is reportedly going to acquire Yub, a provider of mobile rewards and offers that customers redeem at brick-and-mortar stores. According to the Wall Street Journal, Coupons.com will pay $30 million for Yub, and is also considering an IPO.

December 12, 2013

The Home Depot reportedly plans to invest $300 million on technology and supply chain upgrades during its fiscal year 2014, which begins in February 2014.

December 9, 2013

Amazon.com is reportedly using robots from Kiva Systems at three distribution centers. According to the Wall Street Journal, the robots bring merchandise from shelves to warehouse workers and can potentially reduce the cost of filling an order by 20% to 40%, for an annual savings of more than $900 million.

April 23, 2013
J.C. Penney has been working with consulting firm AlixPartners, which specializes in turnarounds, for about a month, the Wall Street Journal reported.
April 18, 2013

The Wall Street Journal reported Thursday that J.C. Penney is now in talks with Wells Fargo and at least two other investment firms, seeking a $500 million loan to shore up the beleaguered retailer’s cash reserves.

April 12, 2013

J.C. Penney Co. has hired the Blackstone Group explore how best to position the firm financially and help it raise cash, the Wall Street Journal reported.

April 12, 2013

A report by the Wall Street Journal said that hedge fund Barington Capital Group is pressing Jones Group Inc. to slim down by divesting parts of its portfolio.

March 5, 2013

J.C. Penney Co. last Tuesday dominated the retail news as its shares dropped 10.6% to a four-year low after reports that one of its largest shareholders had sold a chunk of the troubled company’s stock.

February 28, 2013

Wal-Mart Stores on Thursday confirmed a report from the Wall Street Journal that its U.S. chief administrative officer, Tom Mars, will step down in March.

February 19, 2013

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

February 12, 2013

A report by the Wall Street Journal said that Harris Teeter Supermarkets is considering putting itself up for sale.

January 28, 2013

Barnes & Noble is planning to shutter approximately one-third of its stores during the next 10 years, CEO Mitchell Klipper said in an interview with the Wall Street Journal.

January 4, 2013

Private equity firm Cerberus Capital Management LP and its partners are nearing an agreement to buy parts of Supervalu Inc., the Wall Street Journal reported.

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