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Retail News Breaks Archives

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Week of Mon, Apr 11th, 2011

Big Lots makes executive moves

Big Lots Inc. has made a number of organizational changes and named a new executive vice president of merchandising.

Supervalu sees 4Q earnings dip, posts fiscal-year loss

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.

Safeway names senior VP of pharmacy

Darren Singer, a former GlaxoSmithKline (GSK) executive, has joined Safeway Inc. as senior vice president of pharmacy, health and wellness.

Walmart brings back products, beats EDLP drum

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 elects former CVS executive to board

Nash Finch has named onetime CVS Caremark Corp. executive Christopher Bodine to its board of directors.

Winn-Dixie, Kroger enable safe drug disposal

Winn-Dixie Stores Inc. and Kroger Co. have teamed up with Sharps Compliance Corp. to offer safe disposal of expired, unused or unwanted medications.

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