BENTONVILLE, Ark. — Walmart will continue to roll out medium- and small-format stores next year, while keeping Supercenters as its primary growth vehicle. Walmart will continue to roll out medium- and small-format stores next year, while keeping Supercenters as its primary growth vehicle. The chain has identified a large number of potential Neighborhood Market sites,
Woonsocket, R.I. — CVS Caremark Corp. has promoted a retail pharmacy executive and expanded the responsibilities of two others. CVS Caremark Corp. has promoted a retail pharmacy executive and expanded the responsibilities of two others. Judy Strauss Sansone has been appointed senior vice president of merchandising, while chief marketing officer Rob Price and executive vice
ALEXANDRIA, Va. — Seventy state and national trade associations and more than 60 companies have sent a letter to the so-called Super Committee, urging that it clear the way for states to begin collecting state sales tax on Internet and catalogue sales. Seventy state and national trade associations and more than 60 companies have sent
DEERFIELD, Ill. — Walgreen Co. has restructured its merchandising division, giving three general merchandise managers additional oversight. Walgreen Co. has restructured its merchandising division, giving three general merchandise managers additional oversight. Steve Broughton will be responsible for food, beverages and household consumables; Shannon Curtin (formerly Petree) will have oversight for beauty, personal care and seasonal
CHICAGO — First lady Michelle Obama toured a Walgreens store on Chicago’s South Side late last month as part of her ongoing effort to shed light on childhood obesity. First lady Michelle Obama toured a Walgreens store on Chicago’s South Side late last month as part of her ongoing effort to shed light on childhood
Retailing executives do not often change companies, even if they get a promotion in the bargain. Retailing executives do not often change companies, even if they get a promotion in the bargain. That’s why what happened less than a month ago is so stunning: Two of retailing’s most senior — and very best — managers
The holiday selling season has gotten off to a fast start, with a number of mass market retailers already unveiling special initiatives designed to bring more shoppers into their stores. The holiday selling season has gotten off to a fast start, with a number of mass market retailers already unveiling special initiatives designed to bring
MATTHEWS, N.C. — An executive leadership transition has positioned Family Dollar Stores Inc. for its next wave of growth. An executive leadership transition has positioned Family Dollar Stores Inc. for its next wave of growth. The recently announced retirement of president and chief operating officer R. James Kelly after 15 years with the chain, and
MINNEAPOLIS — Target Corp.’s chief marketing officer position is vacant following the departure of Michael Francis, who left to become president of J.C. Penney Co. Target Corp.’s chief marketing officer position is vacant following the departure of Michael Francis, who left to become president of J.C. Penney Co. Francis, 48, had been responsible for all
MISSISSAUGA, Ontario — Walmart announced on September 28 the promotion of the two most senior executives of Walmart Canada to new positions. Walmart announced on September 28 the promotion of the two most senior executives of Walmart Canada to new positions. David Cheesewright, formerly president and chief executive officer of Walmart Canada, was named executive
BENTONVILLE, Ark. — Walmart’s flagship U.S. division has recorded three consecutive months of improved same-store sales. Walmart’s flagship U.S. division has recorded three consecutive months of improved same-store sales. The retailer intends to sustain its rebound with a $2 billion program to invest in lower prices over the next two years. Speaking to analysts at