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Inside This Issue - News

Walmart to raise profile in China

Walmart is ramping up its expansion plans for China, even while it intends to shutter numerous underperforming stores. In contrast to its growth strategy for the United States, the focus in China will be on its big-box formats: the Supercenter and Sam’s Club.

Kroger chooses Ellis to be next president

Michael Ellis will become president and chief operating officer of Kroger Co. on January 1, completing a succession plan announced in ­September.

Target strives to inspire shoppers

Holiday initiatives at Target Corp. include the rollout of in-store pickup for online orders.

As holidays near, caution is watchword

Wary consumers are trimming their holiday gift giving budgets — even for themselves — according to a National Retail Federation (NRF) survey.

Personalization hits CVS ads

CVS /pharmacy is attempting to update the weekly sales circular for the digital age with its launch of myWeekly ad, which promises to deliver a personalized version of the sales ad to each customer.

Family Dollar grows

Adjusted net income rose during both the fourth quarter and full 2013 fiscal year at Family Dollar Stores Inc., but decelerating sales growth in the final period surprised management and prompted executives to take a cautious outlook for fiscal 2014.

Loblaws to cut 275 employees

Facing heightened competition from domestic as well as foreign-owned retailers, Loblaw Cos. is eliminating an estimated 275 positions in an initiative that the country’s biggest grocer says should help it to improve operations.

Ahold honored for diversity

Ahold USA has been recognized this year as one of the "Top Supplier Diversity Programs for Women” by Professional Woman’s magazine.

Safeway exec goes to

Safeway Inc. executive Mir Aamir has joined digital coupon provider as chief operating officer and chief financial officer.