Michigan retailers avoid tax rebate hype
Jul 30, 2001
Lansing, Mich. – While many retailers are preparing to accommodate 91 million Americans receiving tax-rebate checks in the coming months, the majority of Michigan retailers say they will avoid getting involved...
Wal-Mart cuts corporate jobs
Jul 27, 2001
Bentonville, Ark. – Locally based Wal-Mart Stores Inc. terminated 100 positions at its corporate headquarters this week, making this the first time the retailer has laid off employees at its home office since 1995. The company also eliminated 300...
Furrs eliminates corporate staff
Jul 27, 2001
Albuquerque, N.M. – Locally based Furrs Supermarkets Inc. recently announced it would terminate all positions at its corporate headquarters. This news comes just one month after Furrs agreed to sell 66 of its stores in New Mexico and west Texas to...
Nash Finch to possibly acquire U Save Food's 14 supermarkets
Jul 26, 2001
Minneapolis – Locally based Nash Finch Co. and Omaha, Neb.-based U Save Foods Inc. are discussing the possibility of the acquisition of U Save through a purchase of capital stock...
NRF opposes Bush’s pharmacy proposal
Jul 26, 2001
Washington, D.C. – The locally based National Retail Federation (NRF) joined the National Association of Chain Drug Stores in opposition to a Bush administration proposal to give prescription-drug discount cards to Medicare recipients...
Possible class action suit pending against Supervalu
Jul 26, 2001
Eden Prairie, Minn. – Following an original age discrimination lawsuit filed by five former employees in June 2000 against Supervalu, U.S. District Judge Paul Magnuson recently ruled that additional former employees could become part of a class...
May Co. to increase accessibility
Jul 26, 2001
St. Louis - After settling a lawsuit on behalf of the Americans with Disabilities Act, locally based May Department Stores Co. agreed to renovate its entire store base to give more accessibility to disabled shoppers...
Berkshire Partners to acquire The William Carter Co.
Jul 24, 2001
New York – Locally based Investcorp and Boston-based Berkshire Partners LLC recently signed a definitive agreement under which Berkshire will acquire The William Carter Co. (Carter’s) from Investcorp and its clients for approximately $450 million...
Retailers keeping pace
Jul 24, 2001
Washington, D.C. – According to the Triversity Top 100 Retailers, a ranking based on an annual survey and published in the July issue of locally based National Retail Federation’s STORES magazine, the nation’s top retailers strived in 2000 to...
Midwest architectural firms to merge
Jul 23, 2001
Cincinnati – Locally based Brandstetter Carroll Inc. and Pflum, Klausmeier & Gehrum Inc. signed a Memorandum of Understanding to merge the two companies. The new firm – to be called Brandstetter Carroll-PKG – will have more than 110 employees...
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