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2012

Walgreens milestone

HOLLYWOOD, Calif. — Walgreen Co.’s 8,000th unit is also its first flagship store on the West Coast. The outlet, at the corner of Sunset Boulevard and Vine Street here, features the varied, upscale offerings of flagship units in New York and Chicago. Walgreen Co.’s 8,000th unit is also its first flagship store on the West

Chief exec at Big Lots set to retire

COLUMBUS, Ohio — Big Lots Inc. is searching for a successor to chairman, president and chief executive officer Steve Fishman, who has announced plans to retire after more than seven years at the company’s helm. Big Lots Inc. is searching for a successor to chairman, president and chief executive officer Steve Fishman, who has announced

November retail sales hit hard by superstorm

NEW YORK — While a record Black Friday helped drive retail sales in November, that performance failed to overcome the impact of Superstorm Sandy. While a record Black Friday helped drive retail sales in November, that performance failed to overcome the impact of Superstorm Sandy. Industry watchers and analysts say that a strong start to

Family Dollar taps senior VP

MATTHEWS, N.C. — Family Dollar Stores Inc. has named Tammy DeBoer to the position of senior vice president for food. In her new post DeBoer reports to executive vice president and chief merchandising officer Paul White. Family Dollar Stores Inc. has named Tammy DeBoer to the position of senior vice president for food. In her

Target offers a look at holiday collection

NEW YORK — Target Corp. previewed its Target + Neiman Marcus Holiday Collection of exclusive designer goods with a one-day-only pop-up store in Midtown Manhattan. Target Corp. previewed its Target + Neiman Marcus Holiday Collection of exclusive designer goods with a one-day-only pop-up store in Midtown Manhattan. The shop, opened on November 29, gave New

Shoppers like Cyber Monday

NEW YORK — Cyber Monday remains the busiest e-commerce shopping day of the year, according to an analysis by Chase. Cyber Monday remains the busiest e-commerce shopping day of the year, according to an analysis by Chase. Online sales on the first Monday after Thanksgiving were up 21.8% over last year. Monday sales topped the

Australian retailers begin to see growth

SYDNEY — Australian retailers are starting to see the first signs of improvement in consumer spending after enduring the worst retail trading conditions in decades. Australian retailers are starting to see the first signs of improvement in consumer spending after enduring the worst retail trading conditions in decades. Grant O’Brien, chief executive officer of Australia’s

The many myths of Black Friday

Of all the myths surrounding the mass retailing community, the most enduring, and unendurable, are those built around Black Friday. Of all the myths surrounding the mass retailing community, the most enduring, and unendurable, are those built around Black Friday. Among all the fanciful reasons to romanticize retailing in America, the fable that Black Friday

Wall Street takes note of Dollar General’s rise

The addition of Dollar General to the S&P 500 last month provides further evidence of the growing strength of the retailer and the trade class it represents. The addition of Dollar General to the S&P 500 last month provides further evidence of the growing strength of the retailer and the trade class it represents. With

Results lift hopes

BENTONVILLE, Ark. — Just a week before Black Friday and the all-important kickoff to the holiday shopping season, Walmart posted third quarter results showing positive sales and earnings numbers, but a slowdown in same-store sales growth. That, in turn, prompted a drop in Walmart’s share price. Just a week before Black Friday and the all-important

Ahold taps leader for U.S. division

CARLISLE, Pa. — James McCann has been named chief operating officer of Ahold USA, effective February 1. He succeeds Carl Schlicker, who is retiring. James McCann has been named chief operating officer of Ahold USA, effective February 1. He succeeds Carl Schlicker, who is retiring. McCann, a 43-year-old native of Great Britain, joined Ahold NV

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