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
STELLARTON, Nova Scotia — Sobeys Inc., Canada’s second-largest supermarket operator, will purchase the Canadian assets of Safeway Inc. for $5.7 billion in cash ($5.8 billion Canadian, or about $4 billion after taxes and expenses) and the assumption of certain liabilities. Sobeys Inc., Canada’s second-largest supermarket operator, will purchase the Canadian assets of Safeway Inc. for
FAYETTEVILLE, Ark. — For all the celebrity appearances and performances at Walmart’s recent annual shareholders meeting here, it was the retailer’s workers who were frequently the center of attention. For all the celebrity appearances and performances at Walmart’s recent annual shareholders meeting here, it was the retailer’s workers who were frequently the center of attention.
CHESAPEAKE, Va. — Dollar Tree Stores Inc. has promoted Gary Philbin, who has served as chief operating officer since 2007, to the additional post of president. Dollar Tree Stores Inc. has promoted Gary Philbin, who has served as chief operating officer since 2007, to the additional post of president. "As chief operating officer, he has
NEW YORK — Citing unidentified sources who are familiar with the discussions, Bloomberg News has reported that Yucaipa Cos. is currently in talks with Tesco PLC to buy the Fresh & Easy chain of about 200 stores in the western United States. Citing unidentified sources who are familiar with the discussions, Bloomberg News has reported