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Inside This Issue - News
Sam’s Club has invited its suppliers to enter into a more collaborative relationship. Despite severe weather in several parts of the country in February, retail sales appeared to recover as consumers seemingly regained some confidence. Target Corp. finished fiscal 2009 with an impressive fourth quarter rebound that was driven by better-than-expected holiday sales and strong gross margin performance, as well as a return to profitability in its credit card business. After wrapping up a highly successful fiscal year, Big Lots Inc. has unveiled organizational changes and announced executive promotions. Discount grocer Aldi opened its first stores in Texas earlier this month, taking the wraps off of 11 units in the Dallas/Fort Worth area on March 18. Walgreen Co. has acquired the pharmacy files of 17 Ike’s and Super-D stores in this market from USA Drug. Terms were not disclosed. Scott Baker and Mike Bloom have been named executive vice presidents at CVS Caremark Corp.
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