|
Inside This Issue - News
Safeway Inc. has appointed Robert Edwards, the company’s chief financial officer and executive vice president, to the position of president, succeeding Steve Burd, who continues in the roles of chairman and chief executive officer. Target Corp. has named former Gap Inc. executive Jeffrey Jones II as its new chief marketing officer. Warm weather and an early Easter helped boost U.S. retail sales in March. Same-store sales for the month rose 4.1% at the 22 retailers tracked by the International Council of Shopping Centers. Food Lion has extended its new brand strategy to 268 stores in Virginia, West Virginia and North Carolina and plans to add a total of 600 to 700 stores by the end of the year. Carrefour SA wrapped up a tumultuous 2011 with weak financial results and grim prospects for rapid improvement despite a change in leadership. Supervalu Inc. ended its 2012 fiscal year on a high note, with adjusted earnings that exceeded analysts’ expectations. Family Dollar Stores Inc. has appointed Mary Winston executive vice president and chief financial officer. Wegmans Food Markets Inc., Trader Joe’s Co. and Publix Super Markets Inc. provide the best overall shopping experience, a recent Consumer Reports survey shows. Loblaw Cos., Canada’s largest food retailer, has opened its first store in Manhattan. However, the store is not a supermarket; rather it is a Joe Fresh apparel specialty store.
|
