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Issue 04-16-2012

Safeway tabs execs

PLEASANTON, Calif. — Safeway Inc. has appointed Robert Edwards, the company’s chief financial officer and executive vice president, to the position of president, succeeding Steve Burd, who continues in the roles of chairman and chief executive officer. Safeway Inc. has appointed Robert Edwards, the company’s chief financial officer and executive vice president, to the position

Target names chief marketing officer

MINNEAPOLIS — Target Corp. has named former Gap Inc. executive Jeffrey Jones II as its new chief marketing officer. Target Corp. has named former Gap Inc. executive Jeffrey Jones II as its new chief marketing officer. Jones, who most recently was a partner and president of McKinney, an advertising agency based in Durham, N.C., replaces

Retailers post strong same-store sales in March

NEW YORK — Warm weather and an early Easter helped boost U.S. retail sales in March. Same-store sales for the month rose 4.1% at the 22 retailers tracked by the International Council of Shopping Centers. Warm weather and an early Easter helped boost U.S. retail sales in March. Same-store sales for the month rose 4.1%

Food Lion repositions its brand

SALISBURY, N.C. — Food Lion has extended its new brand strategy to 268 stores in Virginia, West Virginia and North Carolina and plans to add a total of 600 to 700 stores by the end of the year. Food Lion has extended its new brand strategy to 268 stores in Virginia, West Virginia and North

Challenges confront new Carrefour CEO

PARIS — Carrefour SA wrapped up a tumultuous 2011 with weak financial results and grim prospects for rapid improvement despite a change in leadership. Carrefour SA wrapped up a tumultuous 2011 with weak financial results and grim prospects for rapid improvement despite a change in leadership. The world’s second-largest retailer behind Walmart reported a 14.3%

Supervalu tops expectations

MINNEAPOLIS — Supervalu Inc. ended its 2012 fiscal year on a high note, with adjusted earnings that exceeded analysts’ expectations. Supervalu Inc. ended its 2012 fiscal year on a high note, with adjusted earnings that exceeded analysts’ expectations. More importantly, the grocery retailer and wholesaler’s profit forecast for fiscal 2013 was also above Wall Street’s,

Family Dollar names Winston CFO

MATTHEWS, N.C. — Family Dollar Stores Inc. has appointed Mary Winston executive vice president and chief financial officer. Family Dollar Stores Inc. has appointed Mary Winston executive vice president and chief financial officer. She reports to Howard Levine, chairman and chief executive officer. Winston, who has responsibility for all financial operations including treasury, tax, financial

Consumers rate supermarkets

NEW YORK — Wegmans Food Markets Inc., Trader Joe’s Co. and Publix Super Markets Inc. provide the best overall shopping experience, a recent Consumer Reports survey shows. Wegmans Food Markets Inc., Trader Joe’s Co. and Publix Super Markets Inc. provide the best overall shopping experience, a recent Consumer Reports survey shows. After polling more than

Joe Fresh debuts in U.S.

NEW YORK — Loblaw Cos., Canada’s largest food retailer, has opened its first store in Manhattan. However, the store is not a supermarket; rather it is a Joe Fresh apparel specialty store. Loblaw Cos., Canada’s largest food retailer, has opened its first store in Manhattan. However, the store is not a supermarket; rather it is

Rough sledding ahead for Rx

Virtually all of community pharmacy has benefited from Walgreens’ decision to stop honoring the prescriptions covered by Express Scripts as of January 1. Virtually all of community pharmacy has benefited from Walgreens’ decision to stop honoring the prescriptions covered by Express Scripts as of January 1. In the months since January every store with a

Retailers must adapt to changing landscape

The Oxford Institute of Retail Management has undertaken an 18-month study to determine where retailing is headed at a time when unprecedented levels of competition — from the local to the global — rapid technological innovation and changing consumer attitudes are radically altering the landscape. The Oxford Institute of Retail Management has undertaken an 18-month