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Issue 02-11-2013

What’s ahead in 2013

WASHINGTON — The year ahead will offer modest sales gains for the retail industry, a recent forecast suggests. The year ahead will offer modest sales gains for the retail industry, a recent forecast suggests. Sales at stores — including supermarkets, specialty stores, discounters and department stores — will increase 3.4% this year, according to the

Ahold fills two pivotal exec posts

CARLISLE, Pa. — Ahold USA has named Mark McGowan executive vice president of merchandising and appointed Jan van Dam executive vice president of supply chain and e-commerce. Both men report to chief operating officer James McCann. Ahold USA has named Mark McGowan executive vice president of merchandising and appointed Jan van Dam executive vice president

New management for 99¢ Only Stores

CITY OF COMMERCE, Calif. — The senior management of 99¢ Only Stores has been replaced, and Richard Anicetti, former president and chief executive officer of Food Lion LLC, has been named interim CEO. The senior management of 99¢ Only Stores has been replaced, and Richard Anicetti, former president and chief executive officer of Food Lion

Magnacca moves up at Walgreens

DEERFIELD, Ill. — Walgreen Co. senior vice president Joe Magnacca has been promoted to executive vice president. Walgreen Co. senior vice president Joe Magnacca has been promoted to executive vice president. The move, which became effective at the start of February, will see Magnacca continue as the drug chain’s president of daily living products and

NACDS rallies regional drug chains

FORT LAUDERDALE, Fla. — Action and engagement were the major themes at the National Association of Chain Drug Stores Regional Chain Conference here earlier this month. Action and engagement were the major themes at the National Association of Chain Drug Stores Regional Chain Conference here earlier this month. NACDS chairman Greg Wasson, president and chief

CVS expands ExtraCare loyalty plan

WOONSOCKET, R.I. — CVS/pharmacy has launched ExtraCare Pharmacy & Health Rewards, the latest evolution of the company’s loyalty program. CVS/pharmacy has launched ExtraCare Pharmacy & Health Rewards, the latest evolution of the company’s loyalty program. The program enhances ExtraCare so that members have more ways to earn bigger, more frequent rewards when filling prescriptions or

Shopko brings project to end

GREEN BAY, Wis. — Shopko Stores Operating Co. has completed the conversion of 163 Pamida discount stores to its Shopko Hometown format. Shopko Stores Operating Co. has completed the conversion of 163 Pamida discount stores to its Shopko Hometown format. The decision to convert the Pamida outlets had been announced in January 2012, and the

Exec shifts strengthen Walmart

The most recent example of the impact Duncan Mac Naughton, Walmart’s chief merchandising officer, continues to exert on America’s largest retailer came last month with the announcement of several changes within the retailer’s merchandising ­organization. The most recent example of the impact Duncan Mac Naughton, Walmart’s chief merchandising officer, continues to exert on America’s largest

Lampert as CEO won’t solve Sears’ problems

Edward Lampert, the billionaire hedge fund manager who brought Sears and Kmart together eight years ago to form Sears Holdings, became chief executive officer of the struggling retail company at the beginning of the month. Edward Lampert, the billionaire hedge fund manager who brought Sears and Kmart together eight years ago to form Sears Holdings,