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Retail News Breaks Archives

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Week of Mon, Feb 24th, 2014

Samís Club names health care VP

The Sam’s Club division of Walmart has appointed David Badeen vice president of health care, with responsibility for pharmacy, over-the-counter, optical and hearing aid centers, as well as third-party contracting and pricing.

Bi-Lo/Delhaize deal gets FTC approval

The Federal Trade Commission has approved the acquisition by Bi-Lo Holdings LLC of three southeastern supermarket banners from Delhaize Group. However, Bi-Lo will have to divest 12 stores in Florida, Georgia and South Carolina.

Data breach hammers Target results

As expected, both sales and earnings fell at Target after a data breach that resulted in the theft of millions of customers’ credit and debit card information drove off customers at the height of the holidays.

Kroger appoints QFC president

The Kroger Co. has promoted Dennis Gibson to president of its QFC division.