On the surface at least, the appointment of Mark Cosby to head CVS Caremark’s drug store business comes as something of a surprise. The former Macy’s executive has extensive experience in retailing, but none of it relates to community pharmacy. On the surface at least, the appointment of Mark Cosby to head CVS Caremark’s drug
BENTONVILLE, Ark. — Walmart, whose core shoppers are being hit particularly hard by the stagnant economy and rising gasoline prices, faces new headwinds in its efforts to boost same-store sales in the United States. Walmart, whose core shoppers are being hit particularly hard by the stagnant economy and rising gasoline prices, faces new headwinds in
SOLON, Ohio — Charlie Bowlus, founder and chief executive officer of ECRM, has died unexpectedly. He was 64. Charlie Bowlus, founder and chief executive officer of ECRM, has died unexpectedly. He was 64. According to his son Mitch Bowlus, ECRM president, Bowlus recently underwent emergency surgery to correct an acute intestinal blockage and, in subsequent
CINCINNATI — Kroger Co. has promoted Donna Giordano to president of its Ralphs division. Kroger Co. has promoted Donna Giordano to president of its Ralphs division. The 57-year-old Giordano has been president of the company’s Seattle-based Quality Food Centers (QFC) division since 2002. She succeeds Mike Donnelly, who was recently promoted to senior vice president
JACKSONVILLE, Fla. — Winn-Dixie Stores Inc. has reopened two of its stores, located in Apopka and St. Johns, Fla., after performing what the company terms transformational remodels on them. Winn-Dixie Stores Inc. has reopened two of its stores, located in Apopka and St. Johns, Fla., after performing what the company terms transformational remodels on them.
NEW YORK — Retail sales were mixed in July, with some chains posting stronger than expected same-store increases (albeit against weak prior-year numbers) while others lagged. Retail sales were mixed in July, with some chains posting stronger than expected same-store increases (albeit against weak prior-year numbers) while others lagged. Kantar Retail reported average same-store sales
NEW BRUNSWICK, N.J. — Jeff Strong has decided to leave his position as global chief customer officer of Johnson & Johnson (J&J), effective August 23. Jeff Strong has decided to leave his position as global chief customer officer of Johnson & Johnson (J&J), effective August 23. Strong is departing to pursue an opportunity that will
Among the disadvantages that come with working at Kroger, America’s largest grocery retailer, is that the individual is invariably subordinated to the corporation. Among the disadvantages that come with working at Kroger, America’s largest grocery retailer, is that the individual is invariably subordinated to the corporation. At Kroger, the company’s achievements come first, the individual’s
Fresh & Easy, the 175-store chain of neighborhood markets in California, Nevada and Arizona, is rapidly approaching a turning point in its history. Fresh & Easy, the 175-store chain of neighborhood markets in California, Nevada and Arizona, is rapidly approaching a turning point in its history. The product of global retail powerhouse Tesco PLC’s initial
WASHINGTON — Walmart, Walgreen Co. and Supervalu Inc. have promised to open or expand a combined more than 1,500 stores in underserved communities over the next five years, in a bid to reduce the number of “food deserts” where people have trouble finding healthy food that is affordable. Walmart, Walgreen Co. and Supervalu Inc. have