Retail weak March sales weigh on major U.S. stores
Weak March results from Costco and TJX reflect cold weather and cautious consumers. Open stores showing modest gains offset by declines in other chains as job market momentum slows and winter lingers, with Victoria's Secret parent L Brands posting stronger sales across its brands.
MENTIONED IN THIS ARTICLE
Costco Wholesale Corp
T.J. Maxx
TJX Cos Inc
Alison Jarlow Levy
Kurt Salmon
Costco
United States
TJX
Carol Meyrowitz
U.S
Thomson Reuters
Victoria’s Secret
L Brands Inc
Roberts Dairy branding to fade in favor of Hiland name
Roberts Dairy will disappear in May and be replaced by Hiland Dairy on all products. The Springfield based brand joined Prairie Farms Hiland in 1981 and Hiland says the move unites two farmer owned dairies. Hiland operates 11 plants across eight states and serves ten states with dairy products.
MENTIONED IN THIS ARTICLE
Roberts Dairy
Hiland Dairy
Springfield
Prairie Farms
Dairies
Gary Aggus
Hiland
Midwest
Arkansas
Kansas
Missouri
Nebraska
Oklahoma
Iowa
Colorado
Texas
Wyoming
North
Dodge Street
Iowa City
Prairie Farms Dairy
Carlinville
Ill
Dairy Farms of America
Dairy Farmers
Ackman admits Penney leadership missteps and hopes for turnaround
New York board member William Ackman acknowledged failures of Ron Johnson as Penney CEO and urged optimism for the retailer. Ackman cited Johnson's limited presence at Texas headquarters and praised Myron Ullman as the right choice for the moment. Johnson says Penney will again rely on newspaper coupons to lure core customers back.
MENTIONED IN THIS ARTICLE
New York
J.C. Penney Co. Inc
William Ackman
Ackman
Penney
Ron Johnson
Texas
California
Johnson
J.C. Penney
Myron Ullman
Ullman
New York University
Schack Institute of Real Estate
Back to the Futures: Weekly Grain and Price Roundup
Every Friday the Gazette features a brief discussion titled Back to the Futures. It covers the week’s grain and livestock prices, gasoline pricing trends, and other market topics of interest.
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