Adios, Dominick’s — Safeway is leaving the Chicago market, where it has 72 stores
Oct 9 (Reuters) – Costco Wholesale Corp investors
shrugged off a weaker-than-expected 1.3 percent rise in
quarterly profit as the warehouse chain announced plans to open
36 new clubs this fiscal year, including its first two locations
Costco shares, which trade at a premium to many other
mainstream retailers, were more than 2 percent higher on the
Nasdaq at $114.70 at midday on Wednesday after closing at
$112.21 on Tuesday.
By Jessica Wohl
(Reuters) – Family Dollar Stores Inc (FDO.N: Quote, Profile, Research, Stock Buzz) said on Wednesday it was taking a cautious approach to 2014 as shoppers focus on basics, and posted a better-than-expected quarterly profit as its focus on controlling costs helped offset weaker-than-expected sales.