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Issue 12-19-2011

New grocery options

NEW YORK — Value conscious shoppers, a population whose ranks have swelled in recent years, are about to get more options regarding where to buy their groceries. Value conscious shoppers, a population whose ranks have swelled in recent years, are about to get more options regarding where to buy their groceries. Dollar General Corp., for

Ahold moves to hone customer connection

AMSTERDAM — Ahold NV has unveiled a growth strategy designed to reverse slowing sales growth and cut costs in its two major markets of western Europe and the eastern United States. Ahold NV has unveiled a growth strategy designed to reverse slowing sales growth and cut costs in its two major markets of western Europe

November sales gains fall below expectations

NEW YORK — Record Black Friday sales failed to lift retail growth in November to last year’s level. While chains overall reported gains for the month, results at some, including Target Corp., fell below expectations, foretelling mixed results for the holiday season. Record Black Friday sales failed to lift retail growth in November to last

Walmart taking a look at policies, procedures

BENTONVILLE, Ark. — Walmart has kicked off an internal investigation into whether some of its workers around the globe violated a federal law that prohibits bribery overseas. Walmart has kicked off an internal investigation into whether some of its workers around the globe violated a federal law that prohibits bribery overseas. In a regulatory filing

CVS Caremark appoints execs

WOONSOCKET, R.I. — CVS Caremark Corp. has shifted several executives into new roles. CVS Caremark Corp. has shifted several executives into new roles. Vice president of consumer health care merchandising Jim Trappani has left the company, and vice president and merchandise manager for store brands and photo Grant Pill has added most of Trappani’s role

Wegmans thinks small for store in the making

NEWTON, Mass. — Wegmans Food Markets Inc. says it plans to build its smallest store in a decade — a 70,000-square-foot unit in this Boston suburb. Wegmans Food Markets Inc. says it plans to build its smallest store in a decade — a 70,000-square-foot unit in this Boston suburb. The outlet will be the company’s

Target ‘confident’

MINNEAPOLIS — Target Corp. reported another strong performance in the third quarter, as both its retail and credit card segments continued to gain momentum. Target Corp. reported another strong performance in the third quarter, as both its retail and credit card segments continued to gain momentum. The performance handily beat Wall Street’s estimates, while management’s

India reform stalls

NEW DELHI — In an embarrassing reversal that raises questions about India’s potential for economic development, the government of Prime Minister Manmohan Singh has suspended its plan to liberalize restrictions on foreign investment in the country’s retail sector, just two weeks after announcing the move. In an embarrassing reversal that raises questions about India’s potential

NACDS hosts memorable week

The week following Thanksgiving is always special in New York City, at least in part because of the annual lighting of the Rockefeller Center Christmas tree. The week following Thanksgiving is always special in New York City, at least in part because of the annual lighting of the Rockefeller Center Christmas tree. For those who

Regional drug chains a source of innovation

Caught in the middle of a market dominated, on the one hand, by such companies as Walgreens, CVS/pharmacy and Walmart, and, on the other, by independent drug stores, which together operate almost as many outlets as the nation’s drug chains, regional players and their contributions don’t always receive their due. Caught in the middle of