FINANCE

Kroger promises to lower prices, invest in stores following merger
The Kroger Co. has detailed its commitment to customers as it faces regulatory scrutiny over its proposed acquisition of rival Albersons Cos.
Express reportedly considering bankruptcy filing
Express may be heading towards Chapter 11 as it looks for a way to restructure its debt.

Shell to acquire 45 convenience stores in New Mexico

Shell is expanding its U.S. retail footprint.
NRF: January retail sales are ‘great’ start to new year

Consumers kept shopping in January.
USPS sets sustainability targets for 2030

The U.S. Postal Service (USPS) aims to reduce greenhouse gas emissions and waste across its enterprise.
Singapore-based fund manager takes large stake in Kohl’s

Kohl’s Corp. has another big institutional investor.
Neiman Marcus ends e-commerce partnership with Farfetch

Neiman Marcus Group is no longer replatforming its Bergdorf Goodman subsidiary with the help of Farfetch.
Walgreens sells shares in pharmaceutical distributor for $992 million

Walgreens Boots Alliance has reduced its stake in pharmaceutical distributor Cencora for the third time in about six months.
Coach parent Q2 tops Street; mega-deal on track for 2024 close

Tapestry reported record second-quarter revenue that exceeded its estimates, largely due to a strong performance by its biggest brand, Coach.
Costco’s January sales up 4.5% fuled by strong e-commerce demand

Rising online sales gave a big boost to Costco Wholesale Corp. in January.

Kroger promises to lower prices, invest in stores following merger