Inside This Issue - News
Walmart has named Doug McMillon to replace Mike Duke, who is retiring as president and chief executive officer, effective February 1.
Americans crowded into stores over Thanksgiving weekend to take advantage of Black Friday deals, according to the National Retail Federation (NRF). But while store traffic was up, spending was down.
Helena Foulkes has been named to succeed Mark Cosby as president of CVS/pharmacy.
Foulkes, who will assume the post on January 1, has been CVS Caremark Corp.’s chief health care strategy and marketing officer.
Six executives from Tops Friendly Markets have agreed to purchase the company from its private equity owner Morgan Stanley Capital Partners.
International retailing veteran Peter McMahon has been named chief executive officer of Shopko Stores Operating Co.
The Supreme Court has refused to hear a legal challenge to a law that requires Amazon.com Inc. and other online retailers to collect state sales taxes. Amazon and Overstock.com had challenged the New York law.
Food Lion has made what it says are significant investments in 169 stores across North Carolina and South Carolina.
Safeway Inc. has sold 11 of its Dominick’s supermarkets here to Roundy’s Inc. in a $36 million cash and lease assumption transaction.
Big Lots Inc. has appointed three general merchandise managers as part of a realignment of its merchandising organization into customer-centric categories of food and consumables; furniture and home decor; and seasonal, toys and electronics.
Giant Food Stores (Giant-Carlisle), a division of Ahold USA, has opened two new stores and launched Giant Pick Up service in several Pennsylvania communities. The chain also announced a third store opening to occur in December.