Already the largest pharmacy chain in the U.S., Walgreen Co. today announced a deal to buy a 144-store pharmacy chain from privately held Stephen L. LaFrance Holdings, and members of the LaFrance family, for approximately $ 438 million. The stores are located across seven states, the

The Westfield Group has formed a $ 4.8 billion joint venture on 12 regional shopping malls in the United States with the Canada Pension Plan Investment Board (CPPIB.) The deal is the largest real estate investment made by the institutional investor, and a big bet on the future health

Traditional brick-and-mortar retailers are waging a multi-front war on the rapid advances in online retailing to compete for the growing legion of shoppers armed with the latest in mobile technologies. Retailers are battling outdated tax laws that give virtual stores an advantage, whi

Retailers should expect small gains in their 2011 sales this coming holiday season, and those gains will more likely come from non-store sales, Deloitte forecasted this week. Deloitte’s retail and distribution practice expects total holiday sales to reach between $ 873 billion a