CINCINNATI — In a move that will expand its presence in the Southeast and Mid-Atlantic regions, Kroger Co. will acquire Harris Teeter Supermarkets Inc. in a deal valued at about $2.5 billion. In a move that will expand its presence in the Southeast and Mid-Atlantic regions, Kroger Co. will acquire Harris Teeter Supermarkets Inc. in
CINCINNATI — Kroger Co. has named new division presidents in connection with its creation of Nashville and Louisville, Ky., divisions. Kroger Co. has named new division presidents in connection with its creation of Nashville and Louisville, Ky., divisions. Rick Going was named president of the Nashville division, while Calvin Kaufman was appointed president of the
CAMP HILL, Pa. — Rite Aid Corp. has promoted senior executive vice president and chief operating officer Ken Martindale to president and extended its wellness+ loyalty program. Rite Aid Corp. has promoted senior executive vice president and chief operating officer Ken Martindale to president and extended its wellness+ loyalty program. Executives say the 53-year-old Martindale,
WASHINGTON — In a move that won quick approval from employer groups, the Obama administration has postponed the Affordable Care Act’s (ACA’s) mandate that larger employers provide health coverage for workers or pay penalties. In a move that won quick approval from employer groups, the Obama administration has postponed the Affordable Care Act’s (ACA’s) mandate
MORENO VALLEY, Calif. — Aldi is planning a combined warehouse and office here as part of an entry into Southern California. Aldi is planning a combined warehouse and office here as part of an entry into Southern California. In contrast to competitors, the discount supermarketer is bypassing Los Angeles and targeting San Bernardino and Riverside
MATTHEWS, N.C. — Former Walmart and Sam’s Club executive Jason Reiser has joined Family Dollar Stores Inc. as senior vice president of merchandising for hard lines. Former Walmart and Sam’s Club executive Jason Reiser has joined Family Dollar Stores Inc. as senior vice president of merchandising for hard lines. In his new post Reiser will
WILLIAMSVILLE, N.Y. — Tops Friendly Markets took the wraps off a dozen rebranded stores in northern New York earlier this month. Tops Friendly Markets took the wraps off a dozen rebranded stores in northern New York earlier this month. Many of the stores, part of the 21 former Grand Union stores that Tops acquired last
George Packer is a highly regarded political writer. His work appears regularly in The New Yorker magazine. He has written several books, most notably Assassins’ Gate, recognized as one of the 10 best books of 2005 by The New York Times. George Packer is a highly regarded political writer. His work appears regularly in The
Tesco’s well-publicized struggles have ignited an internecine feud over the recent history, current difficulties and future direction of the world’s third-largest retailer. Tesco’s well-publicized struggles have ignited an internecine feud over the recent history, current difficulties and future direction of the world’s third-largest retailer. Speaking at the company’s annual meeting in London last month, Ian