LEEDS, England — Andy Bond, president and chief executive officer of Asda PLC, will give up the position to become chairman of the retailer’s executive committee, a part-time role. Andy Bond, president and chief executive officer of Asda PLC, will give up the position to become chairman of the retailer’s executive committee, a part-time role.
SAN ANTONIO — Category management is too focused on product to serve today’s retailers well, argues Delhaize America Shared Services chief executive officer Rick Anicetti. What is needed is a new approach that puts a retailer’s customers at the center of the equation. Category management is too focused on product to serve today’s retailers well,
WASHINGTON — Matt Shay has been selected to serve as the next president and chief executive officer of the National Retail Federation (NRF). Matt Shay has been selected to serve as the next president and chief executive officer of the National Retail Federation (NRF). Shay assumes his new responsibilities on May 10 and will be
Walmart employs 2 million associates, give or take. Most are competent. Some are particularly capable. And a special few are extraordinary, able to advance the retailer’s agenda, move the company forward, implement new strategies and execute difficult assignments. Walmart employs 2 million associates, give or take. Most are competent. Some are particularly capable. And a
A program designed to enhance food safety received an important endorsement earlier this month when Kroger Co. put its seal of approval on the Rapid Recall Exchange. A program designed to enhance food safety received an important endorsement earlier this month when Kroger Co. put its seal of approval on the Rapid Recall Exchange. A
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
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%
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
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
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
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