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The latest retail news and insights.

CVS and Walgreens are ailing. Here’s why.

Walgreens to close 1,200 stores

Dollar General goes ‘back to basics,’ while Dollar Tree expands offerings

Dollar stores are struggling. Blame Walmart.
Dollar Tree (DLTR) shares plunged 20% Wednesday after the company cut its outlook for the rest of the year, citing “immense pressures” on its low- and middle-income customer base. Dollar Tree also owns the long-struggling Family Dollar chain.

7-Eleven rejects multibillion-dollar offer from Circle K owner for huge convenience store merger

Rite Aid Picks Insider CEO As Company Emerges From Bankruptcy
Rite Aid has selected long-time company executive Matt Schroeder as the drugstore chain’s new CEO on the same day it exits federal bankruptcy protection.

Aldi hiring more than 13K new employees
The fast-growing discount grocer plans to bring on thousands of store and warehouse workers and increase its national average hourly pay.

Big Lots Files for Bankruptcy, Agrees to Be Acquired by Investment Firm

Kroger, Wakefern Execs Among Panelists at APEX Conference
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