MINNEAPOLIS — Target Corp. has finally made its move into international retailing with an agreement to buy the leasehold interests of up to 220 Zellers Inc. locations in Canada. Target Corp. has finally made its move into international retailing with an agreement to buy the leasehold interests of up to 220 Zellers Inc. locations in
WOONSOCKET, R.I. — CVS Caremark Corp. has resumed its search for a new president of CVS/pharmacy and has appointed Mike Bloom and Scott Baker to oversee the retail business on an interim basis. CVS Caremark Corp. has resumed its search for a new president of CVS/pharmacy and has appointed Mike Bloom and Scott Baker to
NEW YORK — Continuing anxiety over unemployment, personal debt and the housing market — compounded by the post-Christmas blizzard in the Northeast — limited December retail sales increases. Continuing anxiety over unemployment, personal debt and the housing market — compounded by the post-Christmas blizzard in the Northeast — limited December retail sales increases. Monthly same-store
MINNEAPOLIS — Wall Street punished Supervalu Inc. after the grocery retailer and wholesaler produced another disappointing quarter and lowered its earnings outlook for the year. Wall Street punished Supervalu Inc. after the grocery retailer and wholesaler produced another disappointing quarter and lowered its earnings outlook for the year. The results were released days after the
CHICAGO — Walgreen Co. has hired Graham Atkinson, former president of United Airline’s Mileage Plus unit, to be senior vice president and chief customer experience officer, with responsibility for developing and leading Walgreens’ loyalty strategies. Walgreen Co. has hired Graham Atkinson, former president of United Airline’s Mileage Plus unit, to be senior vice president and
JACKSONVILLE, Fla. — Winn-Dixie Stores Inc. has named Laurence Appel senior vice president of retail operations. Winn-Dixie Stores Inc. has named Laurence Appel senior vice president of retail operations. Appel, who joined the supermarket chain in 2002 and was previously general counsel, corporate secretary and senior vice president of human resources, replaces Frank Eckstein, who
NEW YORK — Retailers and manufacturers still reeling from the Great Recession of 2008 to 2009 and the changes in consumer behavior that it triggered might do well to brace themselves for the next decade, which promises to serve up more change. Retailers and manufacturers still reeling from the Great Recession of 2008 to 2009
Whatever its initials really mean, GMDC, the supermarket-based, general merchandise-oriented trade group headquartered in Colorado Springs, is emerging as a particularly relevant and immensely valuable retail association. Whatever its initials really mean, GMDC, the supermarket-based, general merchandise-oriented trade group headquartered in Colorado Springs, is emerging as a particularly relevant and immensely valuable retail association. GMDC
The recently released results of Motorola Solutions’ annual holiday study include a finding with important implications for retailers — 55% of the 545 in-store associates who participated in the survey thought that consumers had better access to pertinent information than they did. The recently released results of Motorola Solutions’ annual holiday study include a finding
A funny thing happened on the way to all of the category pundits (including my company, TABS Group) stating that the strong growth of vitamins (10% to 15% annual growth) was destined to continue for quite some time: It turns out consumers and retailers weren’t listening. A funny thing happened on the way to all
GOODLETTSVILLE, Tenn. — When Rick Dreiling arrived at Dollar General Corp. at the beginning of 2008 the retailer had reached a watershed. When Rick Dreiling arrived at Dollar General Corp. at the beginning of 2008 the retailer had reached a watershed. It had experienced decades of strong growth that had made it the largest dollar