MINNEAPOLIS — Supervalu Inc.’s involvement in the purchase of 18 Rainbow food stores from Roundy’s Inc. was done "strictly as a wholesale play," chief executive officer Sam Duncan said at the company’s annual meeting. Supervalu Inc.’s involvement in the purchase of 18 Rainbow food stores from Roundy’s Inc. was done "strictly as a wholesale play,"
MINNEAPOLIS — Target Corp. has added three new external senior-level hires who will have responsibility for leading teams across information technology, e-commerce and digital products. Target Corp. has added three new external senior-level hires who will have responsibility for leading teams across information technology, e-commerce and digital products. Jim Fisher joins Target as senior vice
CHICAGO — The very rich may be different from the rest of us, as F. Scott Fitzgerald famously wrote, but that does not necessarily apply to their shopping habits. The very rich may be different from the rest of us, as F. Scott Fitzgerald famously wrote, but that does not necessarily apply to their shopping
BENTONVILLE, Ark. — Walmart, which is striving to give its sales in the United States a boost, has made a number of executive changes in its merchandising division. Walmart, which is striving to give its sales in the United States a boost, has made a number of executive changes in its merchandising division. The moves
GOODLETTSVILLE, Tenn. — Dollar General Corp. said Rick Dreiling will retire as chief executive officer effective May 30, 2015, or upon appointment of a successor. He has agreed to continue as chairman for a transitional period after a new CEO has been found, the company stated on June 27. Dollar General Corp. said Rick Dreiling
BRUSSELS — The Delhaize Group has appointed Kevin Holt, the former president of retail operations at Supervalu Inc., as chief executive officer for Delhaize America Inc. The Delhaize Group has appointed Kevin Holt, the former president of retail operations at Supervalu Inc., as chief executive officer for Delhaize America Inc. Holt will also become a
LOS ANGELES — Rite Aid Corp. continues to stretch its horizons, showcasing innovation at its latest wellness store and expanding its collaborative care program. Rite Aid Corp. continues to stretch its horizons, showcasing innovation at its latest wellness store and expanding its collaborative care program. Heritage Provider Network (HPN), one of California’s largest health care
NEW YORK — Billionaire investor Carl Icahn, who last month demanded that Family Dollar Stores Inc. "be put up for sale immediately," has exercised call options to take ownership of the shares underlying his 9.4% stake in the Matthews, N.C.-based discount retailer. Billionaire investor Carl Icahn, who last month demanded that Family Dollar Stores Inc.
SAN FRANCISCO — Instacart Inc., an online grocery delivery service, has entered greater Atlanta. Shoppers in the market can now order groceries from a Kroger Co. or a Costco Wholesale Corp. store and have them delivered in an hour for $5.99 on orders above $35, the company says. Instacart Inc., an online grocery delivery service,
GRAND RAPIDS, Mich. — Meijer Inc. has broken ground on a second supercenter in Detroit, at the site of the former Redford High School on the city’s west side. Construction is expected to take about a year. Meijer Inc. has broken ground on a second supercenter in Detroit, at the site of the former Redford
CHICAGO — The circular or the app? The question goes to the heart of how grocers manage the enterprise, said Leslie Sarasin, Food Marketing Institute president and chief executive officer, in her keynote address at the recent FMI Connect annual convention. The circular or the app? The question goes to the heart of how grocers
CHICAGO — At Hy-Vee Inc., the food retailing business is expanding to meet the needs of an aging, insured population. At Hy-Vee Inc., the food retailing business is expanding to meet the needs of an aging, insured population. And as it expands, the company is evolving from a pure retailer to a health care company