Liquidation sales will start next week at the 103 Sears, Kmart and Sears Auto Center stores that the shared parent company plans to close. Sears Holdings Company [NASDAQ: SHLD] announced to employees on January 4 that it would close 64 Kmart stores and 39 Sears by April. “We will continue to close some unprofitable stores… Read More

CVS announced Dec. 3 it agreed to buy Aetna in a $69 billion deal. It remains unclear how the massive plan to combine the retail pharmacy giant with Aetna’s insurance business will play out, with the deal still having to withstand antitrust scrutiny from federal regulators. The 2018 outlook from CVS predicts that adjusted operating… Read More

Kroger continues to look beyond its core grocery business for growth. After diving into meal kits, serving up its first restaurant and announcing last fall that it would start its own clothing line, the Cincinnati-based retailer may diversify further into hardware sales. Should this partnership move to fruition, the Cincinnati-based grocer likely sees an opportunity… Read More