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Inside This Issue - News
Walmart is once again using its considerable clout to exert a positive influence on matters that normally fall outside the purview of retailers. Walmart is promoting a number of executives within its U.S. merchandising organization.
The moves, effective on February 1, include the appointment of John Aden as executive vice president of merchandise services. Albertson’s LLC sees “great potential” for the 877 stores it agreed to purchase from Supervalu Inc., says Bob Miller, the former’s chief executive officer and a retail turnaround veteran. J.K. Symancyk has been named president of Meijer Inc. He succeeds Mark Murray, who has been named to the new position of co-chief executive officer. Sales across the mass market in December were mixed, with a handful of retailers showing significant gains over 2011 but others seeing their sales fall off from the prior year’s level. Delhaize America has announced store closings and cuts to its executive ranks as part of its ongoing restructuring efforts. Sears Holdings Corp. has announced that Lou D’Ambrosio will step down as chief executive officer effective February 2 due to family health matters. Chairman Edward Lampert will take over the CEO’s role in addition to his position of chairman. Family Dollar Stores Inc. has named Jim Trappani vice president of health and beauty aids. He reports to senior vice president and general merchandise manager John Scanlon.
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