Retail News Breaks Archives
Tesco PLC has confirmed that it will exit the United States and has classified its Fresh & Easy chain as a discontinued operation.
Target Corp. has updated its forecast for first quarter comparable-store sales and earnings as well as full-year reported earnings following the sale of its credit card portfolio and settlement of its debt tender offers.
Stater Bros. Markets has appointed Peter Van Helden as president and chief operating officer, succeeding Jim Lee, who will retire effective June 1. Van Helden will report to chairman and chief executive officer Jack Brown.