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Issue 01-23-2012

Dollar General plans to open 625 units

GOODLETTSVILLE, Tenn. — Dollar General Corp. will debut 625 stores and add more than 6,000 jobs in 2012. The outlets will be spread among the retailer’s 40-state operating area. Dollar General Corp. will debut 625 stores and add more than 6,000 jobs in 2012. The outlets will be spread among the retailer’s 40-state operating area.

Sears appoints top merchant

HOFFMAN ESTATES, Ill. — Sears Holdings Corp. has tapped former Brookstone Inc. head Ron Boire to serve as its executive vice president and chief merchandising officer. Boire will also serve as president of the company’s Sears and Kmart chains. Sears Holdings Corp. has tapped former Brookstone Inc. head Ron Boire to serve as its executive

Mass retailers regain some traction in ’11

NEW YORK — While December sales were hurt by high temperatures, mass retailers still performed better last year than in 2010. While December sales were hurt by high temperatures, mass retailers still performed better last year than in 2010. Drug chains’ same-store sales for 2011 rose 3.5%, almost a full point higher than the year

Target keeps mix interesting

MINNEAPOLIS — In the latest demonstration of its merchandising flair and ability to differentiate itself, Target Corp. will offer limited-edition merchandise from independent specialty stores beginning in May. In the latest demonstration of its merchandising flair and ability to differentiate itself, Target Corp. will offer limited-edition merchandise from independent specialty stores beginning in May. Separately,

Projections scaled back by Supervalu

MINNEAPOLIS — Supervalu Inc. lowered its sales and profit guidance for fiscal 2012 after reporting another drop in sales and a net loss prompted by a big noncash impairment charge. Supervalu Inc. lowered its sales and profit guidance for fiscal 2012 after reporting another drop in sales and a net loss prompted by a big

Giant buys 16 stores in Philadelphia

CARLISLE, Pa. — Giant Food Stores LLC, a division of Ahold USA, has agreed to acquire 16 Genuardi’s locations in the greater Philadelphia area from Safeway Inc. for $106 million. Giant Food Stores LLC, a division of Ahold USA, has agreed to acquire 16 Genuardi’s locations in the greater Philadelphia area from Safeway Inc. for

Walgreens puts focus on Rx Savings Club

DEERFIELD, Ill. — Tens of thousands of pharmacy patients took advantage of Walgreen Co.’s January promotion of its Prescription Savings Club (PSC) in the first days of the new year. Tens of thousands of pharmacy patients took advantage of Walgreen Co.’s January promotion of its Prescription Savings Club (PSC) in the first days of the

Classic tale of mismanagement

This is Kmart’s 50th anniversary. The first Kmart opened on March 1, 1962, in Garden City, Mich. That was the year, as well, that both Walmart and Target opened their initial discount stores. This is Kmart’s 50th anniversary. The first Kmart opened on March 1, 1962, in Garden City, Mich. That was the year, as

Health care incentives too often misaligned

The failure of Walgreens and Express Scripts to reach contract renewal terms and the subsequent exclusion of the drug chain from the pharmacy benefits management company’s network raise a number of issues central to the delivery of health care. The failure of Walgreens and Express Scripts to reach contract renewal terms and the subsequent exclusion