TORONTO — About two years after announcing that it would expand into Canada, and about a month after it began holding soft openings for 24 stores in Ontario, Target Corp. officially introduced itself to Canadian consumers with grand opening ceremonies at its outlets here. About two years after announcing that it would expand into Canada,
PLANO, Texas — J.C. Penney Co. has dismissed chief executive officer Ron Johnson and appointed his predecessor, Myron Ullman, as his replacement. J.C. Penney Co. has dismissed chief executive officer Ron Johnson and appointed his predecessor, Myron Ullman, as his replacement. The move by Penney’s board of directors followed by about five weeks the company’s
DEERFIELD, Ill. — As it continues to redefine the role of the American drug store, Walgreen Co. has been busy in recent weeks, expanding the scope of the health services it provides and adding to its roster of flagship stores. As it continues to redefine the role of the American drug store, Walgreen Co. has
WATCHUNG, N.J. — Caitlin Pappas, vice president of U.S. sales for Johnson & Johnson (J&J), is particularly enamored of retailing and retailers, so much so that she spends about half of her working life meeting with retail executives and visiting stores. Caitlin Pappas, vice president of U.S. sales for Johnson & Johnson (J&J), is particularly
MINNEAPOLIS — Supervalu Inc. has announced layoffs and management changes in the wake of its $3.3 billion sale of five chains to Cerberus Capital Management LP. Supervalu Inc. has announced layoffs and management changes in the wake of its $3.3 billion sale of five chains to Cerberus Capital Management LP. Late last month the chain
SINGAPORE — The international retail landscape is being transformed by a “new age of global connectivity,” according to Philip Clarke, chief executive officer of Tesco PLC. The international retail landscape is being transformed by a “new age of global connectivity,” according to Philip Clarke, chief executive officer of Tesco PLC. The companies that ultimately win
SALT LAKE CITY — L.S. (Sam) Skaggs, who helped pioneer the food/drug combo format in the late 1960s, died last month at his home here. He was 89. L.S. (Sam) Skaggs, who helped pioneer the food/drug combo format in the late 1960s, died last month at his home here. He was 89. Skaggs was born
CHANDLER, Ariz. — The oldest son of Bashas’ Supermarkets chairman Eddie Basha Jr. says the family-owned chain plans to continue to operate independently after his father’s death. The oldest son of Bashas’ Supermarkets chairman Eddie Basha Jr. says the family-owned chain plans to continue to operate independently after his father’s death. Eddie Basha Jr. died
Walmart’s executive vice president of corporate affairs announced he will retire in June after almost seven years on the job. Walmart’s executive vice president of corporate affairs announced he will retire in June after almost seven years on the job. When Leslie Dach joined Walmart in August 2006, after having served as an advisor to
Steve Burd will step down as chairman and chief executive officer of Safeway Inc. at the company’s annual shareholders meeting next month. Steve Burd will step down as chairman and chief executive officer of Safeway Inc. at the company’s annual shareholders meeting next month. His retirement will bring to a close two tumultuous decades during