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Inside This Issue - News

Sears scaling back

Sears Holdings Corp. will close an additional 62 stores beyond the 120 closures announced in December.

Target ups food mix at more stores

Target Corp. recently finished the first in a series of remodeling programs aimed at bringing fresh food assortments to more of its discount stores.

Restructuring enables A&P to exit Chapter 11

A&P has emerged from Chapter 11 bankruptcy protection and is now a private company.

Brown to head Kroger division

Kroger Co. has made two recent executive appointments.

Shopko, Pamida merger finalized

Sun Capital Partners Inc. has completed the merger of its Shopko and Pamida chains, creating a discount retailer with nearly 350 outlets in 22 states, and almost $3 billion in annual revenue.

Dollar General tabs Sparks exec VP

Dollar General Corp. has named Gregory Sparks executive vice president of store operations, with responsibility for all of the chain’s more than 9,900 stores.

Cornell makes return to Pepsi

The former president and chief executive officer of Walmart’s Sam’s Club division, Brian Cornell, has returned to Pepsi­Co Inc.

Safeway backs USDA initiative

Safeway Inc. is joining the U.S. Department of Agriculture’s (USDA’s) Center for Nutrition Policy and Promotion, a network of companies working to improve Americans’ health and well-being.

Customers weigh in on loyalty

A recent survey of 10,000 American consumers indicates that several mass market retail chains are leaders when it comes to winning customer loyalty.