BEIJING — Walmart is ramping up its expansion plans for China, even while it intends to shutter numerous underperforming stores. In contrast to its growth strategy for the United States, the focus in China will be on its big-box formats: the Supercenter and Sam’s Club. Walmart is ramping up its expansion plans for China, even
CINCINNATI — Michael Ellis will become president and chief operating officer of Kroger Co. on January 1, completing a succession plan announced in September. Michael Ellis will become president and chief operating officer of Kroger Co. on January 1, completing a succession plan announced in September. Ellis, 55, will succeed W. Rodney McMullen, 53, who
MINNEAPOLIS — Holiday initiatives at Target Corp. include the rollout of in-store pickup for online orders. Holiday initiatives at Target Corp. include the rollout of in-store pickup for online orders. Consumers shopping Target.com from a mobile device or computer can get their items the same day at a store. Other chains including Walmart, Best Buy
WASHINGTON — Wary consumers are trimming their holiday gift giving budgets — even for themselves — according to a National Retail Federation (NRF) survey. Wary consumers are trimming their holiday gift giving budgets — even for themselves — according to a National Retail Federation (NRF) survey. Faced with continued economic uncertainty and used to doing
WOONSOCKET, R.I. — CVS /pharmacy is attempting to update the weekly sales circular for the digital age with its launch of myWeekly ad, which promises to deliver a personalized version of the sales ad to each customer. CVS /pharmacy is attempting to update the weekly sales circular for the digital age with its launch of
MATTHEWS, N.C. — Adjusted net income rose during both the fourth quarter and full 2013 fiscal year at Family Dollar Stores Inc., but decelerating sales growth in the final period surprised management and prompted executives to take a cautious outlook for fiscal 2014. Adjusted net income rose during both the fourth quarter and full 2013
TORONTO — Facing heightened competition from domestic as well as foreign-owned retailers, Loblaw Cos. is eliminating an estimated 275 positions in an initiative that the country’s biggest grocer says should help it to improve operations. Facing heightened competition from domestic as well as foreign-owned retailers, Loblaw Cos. is eliminating an estimated 275 positions in an
CARLISLE, Pa. — Ahold USA has been recognized this year as one of the "Top Supplier Diversity Programs for Women” by Professional Woman’s magazine. Ahold USA has been recognized this year as one of the "Top Supplier Diversity Programs for Women” by Professional Woman’s magazine. The supermarket retailer said the honor reflects its ongoing efforts
MOUNTAIN VIEW, Calif. — Safeway Inc. executive Mir Aamir has joined digital coupon provider Coupons.com as chief operating officer and chief financial officer. Safeway Inc. executive Mir Aamir has joined digital coupon provider Coupons.com as chief operating officer and chief financial officer. Most recently at Safeway, Aamir served as president of customer loyalty and digital
FORT WAYNE, Ind. — Costco opened a warehouse in Fort Wayne last month, one of a half-dozen the formidable club retailer unveiled during the third week of October. (Others debuted in Wisconsin; Kentucky; Washington, D.C.; and Canada.) Costco opened a warehouse in Fort Wayne last month, one of a half-dozen the formidable club retailer unveiled
When Walgreens and Alliance Boots entered the partnership that put them on the road toward a full merger, it was all but certain that other major players in retail pharmacy and drug distribution would respond to the deal and the global vision and aspiration it embodies. When Walgreens and Alliance Boots entered the partnership that