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Issue 07-12-2010

FMI Roundtable: Supermarkets tackle health and wellness

LAS VEGAS — As more and more Americans grapple with health issues, many related to spiralling rates of obesity, an opportunity has emerged for supermarkets to become the first resource for consumers who wish to take charge of their health and wellness. As more and more Americans grapple with health issues, many related to spiralling

Walmart taps Simon to head U.S. stores

BENTONVILLE, Ark. — In what is seen as an effort to get its core domestic business back on track, Walmart has shaken up the leadership of its discount store business in the United States. In what is seen as an effort to get its core domestic business back on track, Walmart has shaken up the

A bid to regain lost focus, momentum

Who could have foretold just six weeks ago, when Walmart convened its shareholders’ meeting — that annual rite of spring designed to celebrate the past, predict a future of unlimited possibilities, and recognize the accomplishments of its vast network of stores and people — that the event would pre­sage the biggest management upheaval since Sam

CVS and Walgreens find common ground

NEW YORK — After Walgreen Co. and CVS Caremark Corp. settled their battle over prescription reimbursement rates last month, executives from each company said the deal benefits the chains and their patients. After Walgreen Co. and CVS Caremark Corp. settled their battle over prescription reimbursement rates last month, executives from each company said the deal

Martindale appointed Rite Aid COO

CAMP HILL, Pa. — Rite Aid Corp. has promoted senior executive vice president of merchandising, marketing and logistics Ken Martindale to chief operating officer. Rite Aid Corp. has promoted senior executive vice president of merchandising, marketing and logistics Ken Martindale to chief operating officer. The 50-year-old Martindale, who has been with Rite Aid since December

LBO of BJ’s weighed by private equity firm

NEW YORK — Private equity firm Leonard Green & Partners is considering buying out BJ’s Wholesale Club Inc. Private equity firm Leonard Green & Partners is considering buying out BJ’s Wholesale Club Inc. In a filing with the Securities and Exchange Commission, the firm reported holding 5.1 million shares in BJ’s, a 9.5% stake, which

Elite group has 51 members

Contained in the previous issue of MMR was a roster, compiled by our editors, of the 50 most influential mass retailing executives. Actually, the list should have included 51 such personalities. Contained in the previous issue of MMR was a roster, compiled by our editors, of the 50 most influential mass retailing executives. Actually, the

Tesco’s Leahy to pass on an impressive legacy

Throughout his tenure as chief executive officer of Tesco PLC, Sir Terry Leahy has consistently demonstrated the ability to look beyond the immediate challenges of running a global retailing empire and address its long-term needs. Throughout his tenure as chief executive officer of Tesco PLC, Sir Terry Leahy has consistently demonstrated the ability to look