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Inside This Issue - News

Family Dollar retools

With the exit of Michael Bloom as president and chief operating officer and the promotion of Jason Reiser to executive vice president and chief merchandising officer, Family Dollar Stores Inc. is focused on getting back on track after posting disappointing results for the first quarter of fiscal 2014.

Target plans small-format store

While the impact from the massive data breach at Target Corp. has worsened and the company continues to struggle in Canada, the nation’s No. 2 discounter is preparing to test a new, small-format prototype.

Martin exits as A&P chief executive

Sam Martin has left his post as president and chief executive officer at A&P, the retailer has confirmed.

Walgreens makes most of ‘plan to win’ strategy

Five years after announcing its “plan to win” Walgreen Co. is thriving, executives said at the company’s annual shareholders meeting here earlier this month.

Sales gains unevenly distributed

U.S. retail sales grew at a healthy pace in December, although not all retailers shared the gains.

Albertsons to shutter 26 locations

Albertsons LLC plans to close 26 stores in eight states spanning the country. The closures follow the company’s acquisition of more than 800 stores from Supervalu Inc. last year.

NRF honors Costco’s Sinegal

Costco Wholesale Corp. cofounder and retired president and chief executive officer Jim Sinegal has received the National Retail Federation’s (NRF’s) 2014 Gold Medal Award.

Schnuck CEO will step down

Schnuck Markets Inc. chairman and chief executive officer Scott Schnuck, 63, plans to retire from the CEO position in March.

Walmart challenged by NLRB

The outcome of government charges that Walmart mistreated striking workers could have broad implications for labor rights, experts say.

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