IBM announced that supermarket chain Raley's expects to save $3 million over the next five years by standardizing its next-generation applications on IBM's e-infrastructure technology.
A monthly estimate of online spending by U.S.consumers suggests that Internet shoppers forkedout about the same amount in July - nearly $4billion - as they did during the same period a yearago.
Aug. 22--Now that it has the grocery home delivery market to itself in the Boston area, Peapod Inc. iseliminating free deliveries in a bid to boost its profitability.
Kmart has released a statement in response to the Target lawsuit (see "Target to Sue Kmart Over Advertising," Aug. 21). The company remains committed to its 'Dare to Compare' pricing campaign.
The Sperry & Hutchinson Company, Inc. (S&H) today announced that the S&H greenpoints digital rewards currency can now beearned and used in all 97 Lowes Foods stores throughout North Carolina andVirginia.
The Penn Traffic Company (Nasdaq: PNFT - news) announced today that same store sales for the second quarter ended August 4, 2001, increased 0.7% from the comparable prior year period.
Longs Drug Stores Corporation (NYSE: LDG - news) today announced that it is exercising an option to purchase the interest of Albertson's Inc. (NYSE: ABS - news) in its joint venture, RxAmerica.