This is a category for posts to be display on top left column
WILMINGTON, N.C. — Dollar General kicked off the grand opening of its 15,000 store in Wilmington, North Carolina, by hosting a community celebration and donating $15,000 to five local schools to support literacy and education initiatives. “Opening our 15,000 store is a major milestone for Dollar General,” said Todd Vasos, Dollar General’s chief executive officer and
BENTONVILLE, Ark. — Walmart has hired healthcare industry veteran Sean Slovenski to serve as senior vice president of health and wellness at Walmart U.S., effective August 1. He will report directly to Walmart U.S. president and CEO Greg Foran. “Sean is a proven leader and entrepreneur with an established track record in defining and building
CHESAPEAKE, Va. — Dollar Tree this weekend is celebrating the milestone of its 15,000th store opening, with discounts and promotions at its outlets across the United States and in five Canadian provinces. In addition, selected new Dollar Tree and Family Dollar stores have scheduled grand openings for this weekend, with festivities including giveaways, ribbon-cutting ceremonies, private
KEASBEY, N.J. — Wakefern Food Corp. has tapped supermarket industry veteran Erik Keptner to serve as senior vice president of marketing. Keptner brings nearly 20 years of experience to his new role at Wakefern, the nation’s largest retailer-owned cooperative. He will be responsible for developing marketing and merchandising strategies for the cooperative, whose member companies own
CINCINNATI — Kroger Co. said on Monday that it will launch a new apparel brand called Dip this fall in more than 300 Fred Meyer and Kroger Marketplace stores. The new clothing line was developed by fashion designer Joe Mimran, who is known for launching the Club Monaco, Joe Fresh and Pink Tartan apparel brands. “We’ve worked closely with
ZAANDAM, Netherlands — Seven years ago, as the newly appointed chief executive officer of Royal Ahold, Dick Boer was focused on implementation of Reshaping Retail, a strategy designed to enable the company to better meet consumers’ changing needs with supermarkets and small-format and specialty stores, as well as an emerging array of omnichannel capabilities. Reshaping
BENTONVILLE, Ark. — Walmart has recruited experienced women executives to fill two top posts, including the newly created position of chief customer officer. That post is going to Janey Whiteside, an American Express Co. veteran who is set to assume her new job on August 1. The company is also bringing in Barbara Messing, an
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA), which entered the Dow this week, topped analysts’s forecasts with its third quarter earnings, boosted its dividend and announced a $10 billion share buyback. “I am pleased that, in what has been a challenging environment, we have again delivered solid earnings per share growth combined with healthy cash flow,” said
WASHINGTON — States can collect sales tax from online sellers even if those companies don’t have a physical presence in the state, the Supreme Court ruled on Thursday in a case with far-reaching implications for online commerce. “The physical presence rule has long been criticized as giving out-of-state sellers an advantage,” the court said in
CINCINNATI — Kroger Co. posted a $2 billion profit in its first quarter, largely on a windfall from the sale of its convenience stores. On the operations side of the business, online sales jumped 66% as overall sales rose 3.4% to $37.5 billion. Comparable-store sales increased 1.4% in the period ended May 26. Kroger raised
MINNEAPOLIS — Supervalu Inc. on Tuesday said it was proposing a plan to tranform itself into a holding company. The change in corporate structure would help enable the company’s strategic transformation, according to Supervalu proposal, which was outlined in a preliminary proxy statement/prospectus filed with the U.S. Securities and Exchange Commission. According to the proposal,
WOONSOCKET, R.I. — CVS Health has announced the management team that, following the close of the Aetna acquisition, will lead the combined company into the future. Aetna will operate as a stand-alone business unit within the CVS Health enterprise following the close and will be led by members of its current management team. In addition,