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Issue 02-06-2012

Walmart fills key exec posts

BENTONVILLE, Ark. — Walmart has made several changes in senior management, including a new chief executive officer for Sam’s Club and a new president and CEO for Walmart’s e-commerce business. Walmart has made several changes in senior management, including a new chief executive officer for Sam’s Club and a new president and CEO for Walmart’s

Units realigned at Walmart U.S.

BENTONVILLE, Ark. — Walmart has redrawn the lines of responsibility in its U.S. stores division in a bid to improve coordination between its merchandising and marketing functions. Walmart has redrawn the lines of responsibility in its U.S. stores division in a bid to improve coordination between its merchandising and marketing functions. Walmart U.S. chief marketing

Costco’s Sinegal takes pride in a job well done

ISSAQUAH, Wash. — Jim Sinegal, the cofounder of Costco Wholesale Corp., who turned 76 on January 1, has relinquished his role as chief executive officer after a 28-year career as head of a retailer that has succeeded beyond his, or anyone’s, dreams. Jim Sinegal, the cofounder of Costco Wholesale Corp., who turned 76 on January

Reinvention process begins at J.C. Penney

NEW YORK — J.C. Penney Co.’s new executive team last month laid out its plans for the company’s transition into what they feel will be “America’s favorite store.” J.C. Penney Co.’s new executive team last month laid out its plans for the company’s transition into what they feel will be “America’s favorite store.” Speaking at

Pricing is reined in at H-E-B

SAN ANTONIO — H-E-B has begun major campaigns to hone its value proposition and identity as a healthy food destination. H-E-B has begun major campaigns to hone its value proposition and identity as a healthy food destination. The supermarket chain has launched “Compare Our Prices to Anyone,” a pricing campaign that it said "invests millions

Bottom Dollar debuts in Ohio and Pittsburgh

SALISBURY, N.C. — Discount grocer Bottom Dollar Food has officially opened the doors for its first stores in Ohio and metropolitan Pittsburgh. Discount grocer Bottom Dollar Food has officially opened the doors for its first stores in Ohio and metropolitan Pittsburgh. The Delhaize America chain late last month held grand openings for seven new stores

Winn-Dixie’s Lynch decides to exit

JACKSONVILLE, Fla. — Winn-Dixie Stores Inc. chairman, president and chief executive officer Peter Lynch will step down from those positions later this year. Winn-Dixie Stores Inc. chairman, president and chief executive officer Peter Lynch will step down from those positions later this year. Lynch, who has led the supermarket chain since December 2004, says he

Creative capitalism

NEW YORK — Admitting considerable variation in theory and practice, capitalism is anything but monolithic. One strain of the discipline was examined at the National Retail Federation’s Big Show here last month during a super session called Conscious Capitalism. Admitting considerable variation in theory and practice, capitalism is anything but monolithic. One strain of the

Special period for retail begins

Though the new year has just begun, several significant developments have already given indications that 2012 will be a special period for mass market retailing. Though the new year has just begun, several significant developments have already given indications that 2012 will be a special period for mass market retailing. Before the year was 10

Private equity can play constructive role

At a moment when private equity firms are under fire and venture capital is sometimes referred to as vulture capital it’s reassuring to know that there are still investment companies committed to generating returns by helping the enterprises they back create value. At a moment when private equity firms are under fire and venture capital