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Inside This Issue - News

Target’s Steinhafel presides over a year of new innovations

The year that just ended was a watershed time for Target Corp. It was a period marked by the retailer’s decision to expand beyond the U.S. border for the first time.

Jurgens reinforces Hy-Vee’s commitment

Last year Hy-Vee chairman and chief executive officer Ric Jurgens joined Iowa governor Terry Branstad, lieutenant governor Kim Reynolds, members of Iowa’s congressional delegation and other business and government leaders to announce the goal of making Iowa the healthiest state in the nation by 2016.

Family Dollar’s Flur named Merchant of the Year

As Dorlisa Flur points out, there is a certain irony in her being named MMR’s Merchant of the Year because, although she was until recently chief merchandising officer for Family Dollar Stores Inc., she is not by training a merchant.

Holiday sales gains at most retailers ordinary

The Christmas selling season that ended two weeks ago was the most complex, multifaceted, baffling and difficult to analyze in recent memory.

Sears holdings will close up to 120 Units

Projecting a sharp drop in fourth-quarter earnings, Sears Holdings Corp. has announced it will close between 100 and 120 Kmart and full-line Sears stores.

New retail power emerges in Southeast

The supermarket arena is set to get a bigger player in the Southeast.

Walgreens stays course

A last ditch effort by Walgreen Co. to settle its dispute with Express Scripts Inc. failed to raise hopes for a contract renewal, the drug chain’s chief executive said last month.

Kroger inks pension fund deal

Kroger Co.’s earnings stand to get a lift in fiscal 2012 with the merger of four of the UFCW/multi-employer pension funds to which the company contributes into a new fund as of January 1.

CVS Caremark aims to build on synergies

CVS Caremark Corp. is taking advantage of its combination of retailing, pharmacy benefits management and walk-in clinics to drive growth, president and chief executive officer Larry Merlo said at the company’s 2011 analyst day, here.

‘The crown jewel’

Lines outside the venerable Maple Leaf Gardens building, the former hockey shrine in midtown Toronto, are nothing new.

Smart & Final names Hirz CEO

Smart & Final Holdings Corp. has named David Hirz, president and chief executive officer.