PLMA October Leaderboard

Issue 03-25-2013

Costco on the march

ISSAQUAH, Wash. — Costco Wholesale Corp. posted strong top- and bottom-line growth for its 2013 second quarter, once again topping Wall Street expectations. The company’s earnings for the quarter were up 39%, to $547 million. Costco Wholesale Corp. posted strong top- and bottom-line growth for its 2013 second quarter, once again topping Wall Street expectations.

Retail sales increase modestly in February

NEW YORK — Moderate retail sales growth in February exceeded some expectations even though it represented a sharp deceleration from January. Moderate retail sales growth in February exceeded some expectations even though it represented a sharp deceleration from January. According to the National Retail Federation (NRF), retail sales excluding autos, gas stations and restaurants rose

Dach will leave Walmart in June

BENTONVILLE, Ark. — Wal­mart executive vice president of corporate affairs Leslie Dach, who has been credited with improving the retail giant’s corporate image, plans to step down in June. Wal­mart executive vice president of corporate affairs Leslie Dach, who has been credited with improving the retail giant’s corporate image, plans to step down in June.

Target opens more stores in Canada

MISSISSAUGA, Ontario — Target Corp. has opened 17 new stores in southwestern Ontario and plans to debut another four units in the province later this week. Target Corp. has opened 17 new stores in southwestern Ontario and plans to debut another four units in the province later this week. The soft openings of the 21

Exec team bolstered at Supervalu

MINNEAPOLIS — Supervalu Inc. has appointed new presidents at Save-A-Lot and Shop ’n Save, and three additions to its corporate leadership. Supervalu Inc. has appointed new presidents at Save-A-Lot and Shop ’n Save, and three additions to its corporate leadership. Ritchie Casteel was named president and chief executive officer of Save-A-Lot. Casteel has more than

Safeway’s Everette ready to retire

PLEASANTON, Calif. — Safeway Inc. executive vice president of retail operations Bruce Everette, 61, is retiring. He will be succeeded by Kelly Griffith, 49, who has been president of merchandising. Safeway Inc. executive vice president of retail operations Bruce Everette, 61, is retiring. He will be succeeded by Kelly Griffith, 49, who has been president

Target contest is seeking best mobile experience

AUSTIN, Texas — Target Corp. has teamed up with Fast Company magazine for a contest offering a $75,000 prize to the person who develops the best new mobile experience for Target. Target Corp. has teamed up with Fast Company magazine for a contest offering a $75,000 prize to the person who develops the best new

Carrefour net jumps

PARIS — Carrefour SA reported a sharp increase in net profit for 2012, boosted by the sell-off of underperforming assets. Carrefour SA reported a sharp increase in net profit for 2012, boosted by the sell-off of underperforming assets. The French company, the world’s second-largest retailer after Wal­mart, reported a net profit of 1.2 billion euros

Walmex plans store openings

MEXICO CITY — Walmart de México plans capital expenditures of between 17.3 billion pesos and 17.9 billion pesos ($1.35 billion to $1.4 billion) this year, with more than half of that sum devoted to new store openings. Walmart de México plans capital expenditures of between 17.3 billion pesos and 17.9 billion pesos ($1.35 billion to

Candidates vie to kiss a pig

On March 9, some 1,500 people attended the American Diabetes Association’s 11th annual Kiss a Pig Gala at the John Q. Hammons Center in Rogers, Ark. On March 9, some 1,500 people attended the American Diabetes Association’s 11th annual Kiss a Pig Gala at the John Q. Hammons Center in Rogers, Ark. Convened to raise

Retail Rx makes itself heard in Washington

The National Association of Chain Drug Stores and its members earlier this month reiterated their commitment to play a forceful role in health care policy when they brought together some 300 retail pharmacy advocates from across the country to interact with members of Congress and the executive branch. The National Association of Chain Drug Stores