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Retail News Breaks Archives

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Week of Mon, Jul 28th, 2014

Target hires Brian Cornell as CEO

For the first time in its history Target Corp. has appointed a chief executive officer from outside the company, naming Brian Cornell, former president and CEO of Sam’s Club and most recently CEO of PepsiCo Americas Foods, the largest of PepsiCo Inc.’s four divisions.

Dollar Tree to acquire Family Dollar for $8.5 billion

Dollar Tree Inc. and Family Dollar Stores Inc. have entered into a definitive merger agreement under which Dollar Tree will acquire Family Dollar for cash and stock valued at approximately $8.5 billion.

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