November 01, 2014
Fred’s Inc. has selected Jerry Shore as the discount retailer’s next chief executive officer.
Shore will succeed Bruce Efird, who recently announced he would be leaving the company when his contract expires.
Shore has served as an executive vice president and chief financial officer for the past 14 years. In January, he took on the added role chief operating officer.
Dollar General Corp. is again extending the deadline on its $80-a-share tender offer to buy Family Dollar Stores Inc., as just 4.1 million shares have been validly tendered and not withdrawn.
Walmart is rolling back prices on more than 20,000 items at its Supercenters and on its website starting November 1 as it unwraps the first round of year-end holiday deals.
Family Dollar Stores Inc. shareholders will vote December 11 on the company’s proposed $8.5 billion merger with Dollar Tree Stores Inc.
Delhaize America has tapped Meg Ham to serve as president of its Food Lion unit, effective November 1. She succeeds Beth Newlands Campbell, who is leaving the company.
Frank Scorpiniti has resigned as chief executive officer of Rexall Pharma Plus, Chain Drug Review has learned.
Tesco PLC chairman Richard Broadbent has announced plans to step down from his post at the company, Britain's largest retailer, following the revelation of accounting irregularities and falling sales in its home market.
Target Corp. is offering free shipping on all online purchases through December 20 as the centerpiece of its strategy for the end-of-year holiday season.
More Retail News Breaks >>
Procter & Gamble Co. (P&G) is spinning off its Duracell business, the latest brand to be jettisoned by the world’s largest consumer products business as it concentrates on its most important markets and brands.
Avanti Press Inc. is refreshing its lineup for the fourth quarter with 22 new greeting cards.
Efficient Collaborative Retail Marketing (ECRM), which is celebrating its 20th anniversary this year, has revamped its website, www.ecrm.marketgate.com, to offer a fresh look, better navigation and improved functionality.
Michele Scannavini has stepped down from his post as chief executive officer of Coty Inc. for personal reasons, the company announced Monday. He has also resigned from Coty's board.
Profoot Inc. has kicked off what the company calls its largest integrated marketing campaign.
Singer and actress Demi Lovato has signed on with N.Y.C. New York Color as its first global brand ambassador.
Zim's has expanded its product roster with the introduction of Zim's Advanced Vapor Rub.
More Supplier News Breaks >>