Retail News Breaks Archives
Rite Aid Corp. has named a new chief financial officer to succeed Frank Vitrano, who plans to retire next year.
Kermit Crawford, president of pharmacy, health and wellness at Walgreen Co., plans to retire at the end of the year to pursue new opportunities.
A change at the top of Walmart U.S. is under way. Thursday morning Walmart announced that Greg Foran has been promoted to president and chief executive officer of its domestic operations. Foran succeeds Bill Simon, who will be leaving the company.
In line with regulatory approval of its acquisition of Shoppers Drug Mart Corp., Loblaw Cos. plans to sell two Shoppers Drug Mart drug stores to Jean Coutu Group and two No Frills supermarkets to Metro Inc.
Tesco PLC is replacing Philip Clarke after three years at the helm of the United Kingdom’s largest supermarket chain, following another profit warning.