Inside This Issue - News
Walgreen Co. has appointed Joseph Magnacca to the new position of president of daily living products and solutions. Magnacca had been president of Duane Reade, a position he had taken after the New York-based chain was acquired by Walgreens in April 2010.
Walmart will open hundreds of smaller-format stores over the next three years, Bill Simon, president and chief executive officer of U.S. stores, said at an investors conference here this month.
Family Dollar Stores Inc. has rejected a buyout offer from investor Nelson Peltz’s Trian Fund and adopted a “poison pill” to deflect further unsolicited offers.
Two seminal events will be remembered when retail historians look back on the spring of 2011.
Fresh & Easy Neighborhood Market has opened its first store in this California community, a development that, with another recent opening in Danville, marks the company’s entry into Northern California.
The founding families behind 99¢ Only Stores have approached the board of directors about taking the company private.
The economic outlook for retailers in the United States and Europe is getting better, a new report from Kantar Retail suggests, but that alone will provide very little momentum for strong sales growth.