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Inside This Issue - News

A new era at Target

Taking action to turn its business around, Target Corp. has tapped an outsider to serve as chairman and chief executive officer, and has launched a series of initiatives intended to improve its performance in Canada.

Foran gives Walmart U.S. a jolt

By selecting Greg Foran to be the new head of Walmart U.S., Walmart president and chief executive officer Doug McMillon underlined the importance of bringing new ideas and a fresh perspective to the retailer’s flagship division, Walmart U.S.

Walgreens merger set to proceed

Walgreen Co. has exercised its option to complete the acquisition of Alliance Boots GmbH. Assuming the deal secures all necessary approvals, it is expected to close in the first quarter of 2015.

Fight to acquire Family Dollar may not be over

Family Dollar Stores Inc. has agreed to be acquired, but there remains some doubt about who will ultimately turn out to be the buyer.

James is named Kmart president

Sears Holdings Corp. has chosen Tesco PLC veteran Alasdair James to serve as president and chief member officer of its Kmart discount store division.

Wraps taken off first TargetExpress

Target Corp. opened the first of its scaled-down TargetExpress stores last month on the ground floor of a new six-story apartment building near the University of Minnesota campus.

Merger with Albertsons OKd by Safeway stockholders

Safeway Inc. shareholders voted to approve a merger with Albertsons, the supermarket chain owned by New York investment firm Cerberus Capital Management LP.

'Get It Today' Service Grows at Amazon Inc. has extended its “Get It Today” same-day delivery service to the metropolitan areas of Baltimore, Dallas, Indianapolis, New York City, Philadelphia and Washington, D.C.

Washington state gets its first CVS

CVS/pharmacy has entered a new state and market by opening a drug store in the Seattle suburb of Renton, Wash.

Commitment to food increased by Big Lots

Big Lots Inc. is rolling out an expanded food assortment that the company says includes more brand name products, improved arrangement of products and better-designed signage to make shopping even easier.