Consumer packaged goods (CPG) companies, those that provide products that need to be replaced frequently, such as food, beverages, and household products, need to boost their digital sales if they are to survive, according to a recent study.
The supermarket saga that dominated summer headlines ended Thursday morning as ousted CEO Arthur T. Demoulas took back the reins of Market Basket and employees returned to work after feuding factions of the Demoulas family reached a deal to sell the company.
Although second-quarter sales declined 2 percent over 2013, Staples beat analysts' expectations with earnings of 13 cents per share, the Framingham-based office supplies retailer announced Wednesday.
The Framingham-based parent of off-price retailers T.J. Maxx, Marshalls and HomeGoods reported another strong quarter Tuesday, with a 7-percent increase in sales and a 14-percent jump in net income.
The parent company of Shaw's Supermarkets confirmed Friday that a security breach in its information networks exposed information on customers' credit and debit card payments from some of its stores.
Littleton-based retailer of equestrian products, Dover Saddlery Inc. reported a 6-percent jump in revenue, thanks to the performance of its brick-and-mortar stores.
As the battle continues between the factions of the family that own Market Basket, a published report said the supermarket chain has lost tens of millions of dollars following a walkout by employees loyal to fired CEO Arthur T. Demoulas.