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Target's new CEO is setting big expectations for Wall Street and pledging a return to growth powered by trendy new food products, in-store beauty services and other changes. 

Target's new CEO, Michael Fiddelke, acknowledged in his first town hall that the big-box retailer has lost trust with shoppers and employees and pledged to rebuild that connection.  

NEW YORK — Americans pulled back their spending more than expected in January after the traditional holiday season splurge, Commerce Department data showed Feb. 15.

Kroger Co. is in talks about a tie-up with rival Albertsons Cos. in a deal that would create a U.S. grocery giant, people familiar with the matter said.

U.S. online shoppers looking to stock up for the holidays are finding that virtual store shelves keep getting emptier.

NEW YORK — Something will be missing at two Whole Foods stores opening next year: cashiers.

Even after doling out discounts on electronics and clothes, retailers struggled to entice shoppers to Black Friday sales events, putting pressure on the industry as it heads into the final weeks of the holiday season.