Retail News Breaks Archives
Big Lots Inc. has made a number of organizational changes and named a new executive vice president of merchandising.
Asset and goodwill impairment charges resulted in a big net loss for Supervalu Inc. in fiscal 2011, while net earnings and operating profit declined in the fourth quarter as sales continued to recede.
Darren Singer, a former GlaxoSmithKline (GSK) executive, has joined Safeway Inc. as senior vice president of pharmacy, health and wellness.
In an effort to re-establish its price leadership position, Walmart has launched a new advertising campaign with the slogan “Low prices. Every Day. On everything.”
Nash Finch has named onetime CVS Caremark Corp. executive Christopher Bodine to its board of directors.
Winn-Dixie Stores Inc. and Kroger Co. have teamed up with Sharps Compliance Corp. to offer safe disposal of expired, unused or unwanted medications.