|
Retail News Breaks Archives Dottie Mattison, senior vice president and general merchandise manager of apparel for Walmart U.S., has resigned. Target Corp. has named Matt Zabel vice president of government affairs, effective Aug. 23. Struggling supermarket chain A&P has named a new chief executive officer, Sam Martin, upon announcing that his predecessor, Ron Marshall, has left the company after just months in the CEO post. Safeway Inc. reported a plunge in earnings, in part from a year-ago tax benefit, and virtually flat revenue for its fiscal 2010 second quarter. Joe Magnacca has been appointed president of metropolitan New York drug store chain Duane Reade. Supevalu Inc.'s Save-A-Lot hard discount, limited assortment supermarket chain has partnered with Hispanic grocery operator Mr. Rafael Ortega to form a new company. Loblaw Cos. has unveiled a smaller pharmacy format that it said will provide more flexibility in deploying pharmacies inside its supermarkets. Target Corp. this weekend plans to open a new store in Chicago and kick off a summertime Black Friday promotion in its online store. This fall, Food Lion is slated to be presented with the Department of Defense's 2010 Employer Support Freedom Award, the highest recognition given by the U.S. government to employers for outstanding support of employees serving in the National Guard and Reserve. Duckwall-ALCO Stores Inc. is conducting a national search for a new chief financial officer with the pending resignation of its current CFO, Donny Johnson, next month.
|
