Inside This Issue - News
Walmart has revamped its merchandising organization and leadership in the second major change since Bill Simon was named president and chief executive officer of Walmart U.S. in late June.
Rite Aid Corp. and Supervalu Inc.’s Save-A-Lot chain will cobrand the drug chain’s 10 stores located in this market, making them drug stores with an extensive offering of groceries.
Citing people close to the situation, a recent report says that A&P is considering selling its Food Emporium stores as part of a broader effort to boost its liquidity.
Target Stores has become the first brick-and-mortar retailer to carry Facebook Credits gift cards.
Sears Holdings Corp. has revived its Christmas Club card to help consumers save money for the holidays, added a new line to its merchandise mix and launched a new web site.
August sales overall turned out to be slightly better than expected for the nation’s retailers, but some polls suggest that consumers will be pulling back more in September as worries about home values are shaking upmarket consumers.