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Issue 03-29-2010

Sam’s Club reaches out to supplier community

BENTONVILLE, Ark. — Sam’s Club has invited its suppliers to enter into a more collaborative relationship. Sam’s Club has invited its suppliers to enter into a more collaborative relationship. The warehouse club operator’s new joint business planning approach was announced at a special event, which was attended by more than 350 representatives of some of

Retail sales bounce back

NEW YORK — Despite severe weather in several parts of the country in February, retail sales appeared to recover as consumers seemingly regained some confidence. Despite severe weather in several parts of the country in February, retail sales appeared to recover as consumers seemingly regained some confidence. Kantar Retail (formerly Retail Forward) calculated a 3.9%

Target ends year on upswing

MINNEAPOLIS — Target Corp. finished fiscal 2009 with an impressive fourth quarter rebound that was driven by better-than-expected holiday sales and strong gross margin performance, as well as a return to profitability in its credit card business. Target Corp. finished fiscal 2009 with an impressive fourth quarter rebound that was driven by better-than-expected holiday sales

Big Lots hones organization

COLUMBUS, Ohio — After wrapping up a highly successful fiscal year, Big Lots Inc. has unveiled organizational changes and announced executive promotions. After wrapping up a highly successful fiscal year, Big Lots Inc. has unveiled organizational changes and announced executive promotions. “We are very proud of what we have accomplished as an organization over the

Aldi enters Texas market

DENTON, Texas — Discount grocer Aldi opened its first stores in Texas earlier this month, taking the wraps off of 11 units in the Dallas/Fort Worth area on March 18. Discount grocer Aldi opened its first stores in Texas earlier this month, taking the wraps off of 11 units in the Dallas/Fort Worth area on

USA Drug sells 17 units to Walgreens

MEMPHIS, Tenn. — Walgreen Co. has acquired the pharmacy files of 17 Ike’s and Super-D stores in this market from USA Drug. Terms were not disclosed. Walgreen Co. has acquired the pharmacy files of 17 Ike’s and Super-D stores in this market from USA Drug. Terms were not disclosed. Walgreens is in negotiations with USA

CVS gives Baker, Bloom promotions

WOONSOCKET, R.I. — Scott Baker and Mike Bloom have been named executive vice presidents at CVS Caremark Corp. Scott Baker and Mike Bloom have been named executive vice presidents at CVS Caremark Corp. Baker was promoted to executive vice president of internal operations and real estate. He continues to be responsible for store and retail

Suppliers eye the retail scene

Want to know what’s going on at retail? Ask the supplier community. Want to know what’s going on at retail? Ask the supplier community. Suppliers, as a group, know as much about the current retail landscape as any retailer. Not only do they know, they have opinions about their various retail customers — off the