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Retail News Breaks Archives

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Week of Mon, Aug 11th, 2014

Leadership changes at Walgreens

Walgreen Co., as part of a revised operational structure shuffling some executive responsibilities, has named Richard Ashworth president of retail and pharmacy operations.

Supervalu, Albertsons suffer data breach

Supervalu Inc. has experienced data breaches that might have involved data theft. 

Walmart holds U.S. manufacturing summit

Walmart executives kicked off a two-day U.S. Manufacturing Summit on Thursday, a gathering of 1,400 suppliers, government officials, industry experts, investors, bankers and others invited by the company to discuss ways to revitalize U.S. manufacturing. 

Walmart 2nd qtr. results meet expectations

Walmart reported on Thursday earnings and sales results for the second quarter that met or exceeded analysts’ expectations.

Target launches merchandising moves for Canada

Target Corp. has unveiled a number of initiatives intended to turn around its performance in Canada. The moves come in the wake of leadership changes in the Target Canada division earlier this year.

Fred's forges Rx supply deal with Cardinal Health

Discount chain Fred's Inc. has signed a primary supply agreement for pharmaceuticals with Cardinal Health Inc.

Kmart taps Tesco vet as president

Alasdair James has been named president and chief member officer at Kmart. He comes to the Sears Holdings Corp. division from Tesco PLC, where he most recently was commercial director for global business.

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