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Inside This Issue - News

Target goes global

Target Corp. has finally made its move into international retailing with an agreement to buy the leasehold interests of up to 220 Zellers Inc. locations in Canada.

CVS seeking president for retail unit

CVS Caremark Corp. has resumed its search for a new president of CVS/pharmacy and has appointed Mike Bloom and Scott Baker to oversee the retail business on an interim basis.

Retail sales end year with gains

Continuing anxiety over unemployment, personal debt and the housing market — compounded by the post-Christmas blizzard in the Northeast — limited December retail sales increases.

Supervalu encounters turbulence

Wall Street punished Supervalu Inc. after the grocery retailer and wholesaler produced another disappointing quarter and lowered its earnings outlook for the year.

Walgreens strengthens exec team

Walgreen Co. has hired Graham Atkinson, former president of United Airline’s Mileage Plus unit, to be senior vice president and chief customer experience officer, with responsibility for developing and leading Walgreens’ loyalty strategies.

Winn-Dixie taps Appel to oversee operations

Winn-Dixie Stores Inc. has named Laurence Appel senior vice president of retail operations.

What’s coming next

Retailers and manufacturers still reeling from the Great Recession of 2008 to 2009 and the changes in consumer behavior that it triggered might do well to brace themselves for the next decade, which promises to serve up more change.