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GOODLETTSVILLE, Tenn. — Dollar General Corp. announced on Thursday that Rick Dreiling will step down from the board of directors, where he is chairman, effective January 29. The company named Mike Calbert as nonexecutive chairman, effective January 30. Calbert has been a director for the past eight years, and he served as chairman from July
HOFFMAN ESTATES, Ill. — A new program from Kmart aims to make it easier for uninsured or underinsured consumers to afford certain prescription drugs and other pharmacy products and services. The discount store chain on Wednesday launched Kmart Pharmacy Savings Plus, in which 10 commonly prescribed generic drugs are available at $3 each. To get
BENTONVILLE, Ark. — Walmart on Friday announced plans to close 269 stores worldwide, including all 102 of its small-format Walmart Express stores in the United States. The company said the move is a result of a review of the nearly 11,600 stores in its global portfolio. That review, announced in October, was intended to ensure
LAKELAND, Fla. — Ed Crenshaw, chief executive officer of Publix Super Markets Inc., announced on Wednesday that he will retire on April 30. Crenshaw will be succeeded by Todd Jones, Publix’s president, who will retain the presidency, the company said. Crenshaw has been with the privately held supermarket operator since 1974, when he was hired
CINCINNATI — Fred Meyer president Lynn Gust is retiring from his post as Kroger Co.’s Fred Meyer Stores division, effective January 31. He will be succeeded by Jeff Burt, president of Kroger’s Central division. Fred Meyer, based in Portland, Ore., offers one-stop shopping at 132 multi-department stores in Alaska, Idaho, Oregon and Washington. Gust started
CHESAPEAKE, Va. — Howard Levine is stepping down as chief executive officer of Family Dollar on January 15, but he will remain on the board of Dollar Tree Inc. The departure, announced on Friday by Dollar Tree, is earlier than planned but comes after the integration of Family Dollar and Dollar Tree has been completed,
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) topped Wall Street’s earnings projections for its fiscal 2016 first quarter. WBA said Thursday that for the first quarter ended Nov. 30, 2015, adjusted net earnings attributable to Walgreens Boots Alliance were $1.13 billion, or $1.03 per diluted share, compared with $749 million, or 78 cents per diluted
JACKSONVILLE, Fla. — Southeastern Grocers, the parent company of BI-LO and Winn-Dixie, says it is cutting the cost of living for its customers by lowering the prices on hundreds of popular grocery products. The grocery chain’s ‘Down Down’ pricing program promises to bring prices down and keep them down. “We know that almost one in
MINNEAPOLIS – Janna Potts has been promoted to executive vice president and chief stores officer at Target Corp. Target said that Potts, previously senior vice president of human resources focused on stores and distribution, takes over the post effective immediate and replaces Tina Tyler. In the role, Potts will oversee Target’s 1,805 stores nationwide as
TARRYTOWN, N.Y — Prestige Brands Holdings Inc. has agreed to acquire privately held DenTek Oral Care Inc for $225 million in cash. The DenTek brand includes the market leading dental floss pick, as well as other oral care products for adults and children. Prestige Brands Holdings Inc. has agreed to acquire privately held DenTek Oral