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Issue 02-10-2014

Target aims to thwart cybertheft

MINNEAPOLIS — In the wake of the massive data breach that hit Target Corp. during the holiday shopping season, the company’s chief financial officer says the discounter is speeding up a $100 million program to implement the use of chip-enabled smartcards to protect against cybertheft. In the wake of the massive data breach that hit

Amazon encounters some bumps in road

SEATTLE — In what may be a sign of growing pains for the online retailing giant, Amazon.com reported fourth quarter earnings that missed analyst estimates, and projected a possible operating loss in the first quarter of its 2014 fiscal year. In what may be a sign of growing pains for the online retailing giant, Amazon.com

Seven Dominick’s stores are sold to Whole Foods

AUSTIN, Texas — Whole Foods Market Inc. is expanding its presence in the Chicago area via the acquisition of seven Dominick’s stores from owner Safeway Inc. Whole Foods Market Inc. is expanding its presence in the Chicago area via the acquisition of seven Dominick’s stores from owner Safeway Inc. The purchase, announced February 3, is

Rx app is subject of patent suits

DEERFIELD, Ill. — Walgreen Co. has filed lawsuits against competitors CVS Caremark Corp., Rite Aid Corp. and Shopko Stores Operating Co., claiming that the rivals are using Walgreens’ patented technology for refilling prescriptions with mobile-phone scanners. Walgreen Co. has filed lawsuits against competitors CVS Caremark Corp., Rite Aid Corp. and Shopko Stores Operating Co., claiming

Loblaws to up investment in Quebec

QUEBEC CITY — Loblaw Cos. has allocated $110 million this year to bolster its stores in Quebec under the Provigo Le Marche, Maxi and Maxi & Cie banners. Loblaw Cos. has allocated $110 million this year to bolster its stores in Quebec under the Provigo Le Marche, Maxi and Maxi & Cie banners. That’s on

Sales solid at Delhaize in quarter

BRUSSELS — Delhaize Group’s fourth quarter U.S. sales climbed 2.8% to $4.3 billion, the company reported, with same-store sales also advancing 2.8%. Delhaize Group’s fourth quarter U.S. sales climbed 2.8% to $4.3 billion, the company reported, with same-store sales also advancing 2.8%. The gains at the company’s Food Lion and Hannaford chains came despite a

Two divisions at Kroger run by new presidents

CINCINNATI — Kroger Co. has named two divisional presidents. Kroger Co. has named two divisional presidents. Jay Cummins has been appointed president of the Smith’s Food and Drug Stores division, based in Salt Lake City. He succeeds Mark Tuffin, who was promoted to senior vice president of retail divisions in December 2013. A 40-year retail

Price Chopper’s Golub honored

PHOENIX — Neil Golub, chairman of the board of Price Chopper Supermarkets, has been awarded the Sidney R. Rabb Award by the Food Marketing Institute (FMI). Golub was recognized for his statesmanship and service to the community. Neil Golub, chairman of the board of Price Chopper Supermarkets, has been awarded the Sidney R. Rabb Award

Organizations vie for allegiance

The convention season is once again upon us — with the inevitable options, choices and second guesses that invariably accompany it. The convention season is once again upon us — with the inevitable options, choices and second guesses that invariably accompany it. The National Retail Federation, or NRF, as it is more commonly referred to,

New Walmart CEO to face early tests

Doug McMillon has his work cut out for him. Doug McMillon has his work cut out for him. The 47-year-old executive, who took the helm at Walmart on February 1, begins his tenure at a moment when the world’s largest retailer is beset with problems. The day before McMillon succeeded Mike Duke as president and