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Pope Francisโ€™ N.Y. Visit Causing Headaches for Bankrupt A&P
September 17, 2015 at 12:54 pm

The papal visit is adding up to more trouble for bankrupt A&P. The grocery store chain delayed the auction of its stores by a week, to Oct. 1 and 2, citing โ€œpotential logistical complications arising from Pope Francisโ€™ scheduled visit to New York later this month,โ€ according to a court filing. Originally set for Sept. 24 andโ€ฆ

Under Armour Expects to Generate $7.5 Billion in Revenue by 2018
September 17, 2015 at 12:47 pm

Under Armour Inc., providing a long-range outlook to shareholders at its investor day meeting, expects to reach $7.5 billion in revenue by 2018, lifted by an expansion into new markets. While that figure is in line with analystsโ€™ estimates, the company said on Wednesday that itโ€™s outpacing its internal forecasts. Under Armour now expects toโ€ฆ

Wal-Martโ€™s Mobile Chief Just Joined PepsiCo to Lead Its New E-Commerce Push
September 17, 2015 at 12:33 pm

Wal-Martโ€™s head of mobile and digital has joined PepsiCo to lead a big e-commerce push for the maker of Doritos potato chips and Pepsi-Cola. Gibu Thomas, who helped to drag Wal-Mart into the digital age and spearheaded the launch of its Silicon Valley tech shop @WalmartLabs, quietly left the mega-retailer and started at PepsiCo thisโ€ฆ

Target Pharmacy Workers Form Company's First Union
September 17, 2015 at 11:46 am

A group of pharmacy workers within Target Corp's store in Brooklyn, New York, have won a vote to form a microunion, making it the first unionized store at the retailer since its inception in 1902. Earlier on Wednesday, Reuters was first to report that a group of pharmacists and pharmacy technicians won an initial ballot,โ€ฆ

George Zimmer Takes On Menโ€™s Wearhouse With Tuxedo Startup
September 16, 2015 at 11:54 am

Last year, George Zimmer was ousted from Menโ€™s Wearhouse, the company he founded. His latest startup, an online tailoring platform, isn't doing so well. But now, Mr. Zimmer is sure he has a winner. On Tuesday, the graybeard ambassador of affordable suits unveiled his newest venture, Generation Tux, a website for tuxedo rentals.  

Grocery Chain Albertsons to Press Ahead With IPO
September 16, 2015 at 11:42 am

U.S. supermarket chain Albertsons Companies Inc is moving ahead with plans for an initial public offering in late September or early October that could value it as much as $24 billion, including debt, according to people familiar with the matter. The determination of Albertsons' majority owner, private equity firm Cerberus Capital Management LP, to carry outโ€ฆ

Why Whole Foods is Selling Coffee for 25ยข
September 16, 2015 at 11:24 am

At "Whole Paycheck," a cup of Joe now only costs a quarter. Without much fanfare, Whole Foods recently launched a special discount aimed at energizing customers โ€” and sales, of course. The deal, valid through the end of September, offers 12-ounce cups of brewed coffee at Whole Foods for just 25 cents apiece. The price isโ€ฆ

Walgreens Launches On-Demand Delivery
September 16, 2015 at 10:57 am

Walgreens just announced an official partnership with on-demand startup Postmates to offer same-day delivery for, initially, a flat delivery fee of $4.99. The on-demand delivery service via Postmates will be available at 600 Walgreens (known as Duane Reade in some parts of the U.S.) stores throughout the country. Postmates has always offered on-demand deliveries of itemsโ€ฆ

Toys"R"Us Hiring Less Holiday Workers
September 16, 2015 at 10:32 am

Toys"R"Us says it won't hire as many holiday season employees as it did last year, but the toy and baby products retailer says it will give current employees and seasonal workers a chance to work more hours. The company said it plans to hire 40,000 people to work at its stores and distribution centers around theโ€ฆ

Burberry Creates a Channel for Apple Music
September 15, 2015 at 6:52 pm

Apple Music is getting a little bit of luxury. Burberry, the high-end fashion retailer, said on Monday that it was starting a channel on Apple Music, the streaming music service. The channel will feature performances, songs and films that have come out of Burberryโ€™s work with British artists. The deal is the first collaboration between the twoโ€ฆ