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Leonard Green buying BJ's Wholesale Club for $2.8 billion

Wholesale Club War: BJ's vs. Costco

Leonard Green & Partners and CVC Capital Partners have agreed to buy BJ's Wholesale Club for $2.8 billion. The move is expected to pit BJ's in more direct competition against Costco in the wholesale club wars as the firms push BJ's, in only 15 states to growth.
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U.S.-India seek financial revamp

Talks to modernize India's financial sector and allow major retailers like Wal-Mart into the country's vast consumer market opened on Tuesday between top U.S. and Indian financial officials.
Facebook CEO Mark Zuckerberg listens to a question from the audience in San Francisco

5 secret Facebook features useful for you

Facebook users spend 700 billion minutes per month accounting for a quarter of the World’s total web traffic.In spite of that, most of them have not explored beyond the communicating and sharing features.
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MacBook Air not available for shipping at Best Buy; Apple nudges component makers

At a time when laptops are in an identity crisis, Apple is hitching its wagon to the refreshed MacBook Air. Rumor mills say a new version of the light-weight notebook will come equipped with the Mac OS X, or Lion, Intel's Sandy Bridge processor and Thunderbolt fast connection interface. By beefing up its ultra thin notebook, which has sold millions of units, Apple cold be pre-empting a threat posed by the likes of Intel's upcoming 'Ultrabook' which seek to build a bridge between the ...
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Wal-Mart hikes branded diabetes drug prices-study

Big-box retailers Wal-Mart Stores and Kmart, pioneers in the push to cut consumer prices for generic drugs, have been raising prices for the most popular brand-name diabetes drugs, according to a new study.
Pottermore

Harry Potter Novels to go Digital in July

The author of Harry Potter, J.K. Rowling has joined the 21st century with the announcement of new interactive online website Pottermore. The website will be exclusive seller of ebooks of her iconic Harry Potter series from October onwards, Rowling said Thursday.
Best Buy will reduce the size of its superstores over the next five years.

Best Buy Not Ready for Dead

Best Buy to use cash hordes no longer needed to repurchase $5 billion in stock. The company increases its quarterly dividend 7%. Best Buy will reduce square footage in its big box stores over the next five years.
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Five top qualities of a good CEO

Dr. Linda Henman, for more than 30 years, has helped military organizations, family owned businesses, and Fortune 500 companies define their direction and select the best people to put their strategies in motion.

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