SATIS_1170x120_10-29-20

CEO

Rite Aid opens first new DC in 16 years

Rite Aid opens first new DC in 16 years

SPARTANBURG, S.C. — Rite Aid Corp. has opened a new distribution center here, the company’s first new distribution center in 16 years. John Standley, Rite Aid chairman and chief executive officer and Ken Martindale, CEO of Rite Aid Stores and president of Rite Aid Corp., were joined by South Carolina secretary of commerce Bobby Hitt

Valeant names Perrigo’s Papa as chairman, CEO

Valeant names Perrigo’s Papa as chairman, CEO

NEW YORK — Joseph Papa has resigned as chairman and chief executive officer of Perrigo Co. plc to join Valeant Pharmaceuticals International Inc. as chairman and CEO. Valeant said Monday that Papa, 60, is slated to start at the company by early May. Papa will succeed J. Michael Pearson, who is expected to remain as

Revlon CEO Delpani to step down

Revlon CEO Delpani to step down

NEW YORK — Lorenzo Delpani next week plans to step down as president and chief executive officer of Revlon for personal reasons. Revlon announced the move Friday in reporting fiscal 2015 results. Plans call for Delpani to leave the post on March 1 and remain with the beauty care company as a paid adviser and

Kroger readies concept store

CINCINNATI — Kroger Co. next month will debut a culinary-focused concept store outside Seattle. The Main & Vine format, opening in Gig Harbor, Wash., will emphasize produce, food preparation advice and high-quality ready-to-eat meals. The store will also feature an expanded selection of organic products. It will offer “fresh, affordable” local produce and meat, and

Claus takes helm at Save-A-Lot

MINNEAPOLIS – Supervalu Inc. has named Eric Claus chief executive officer of its Save-A-Lot hard discount grocery chain. He is expected to start in that role on or before January 4. Ritchie Casteel, who has been serving as president and CEO of Save-A-Lot, will continue to serve as president, reporting to Claus. Casteel will continue

BJ’s names Christopher Baldwin as CEO

WESTBOROUGH, Mass. – BJ’s Wholesale Club Inc. announced on Friday that it has appointed Christopher Baldwin president and chief executive officer, effective February 1. Baldwin, who joined BJ’s in September as chief operating officer, succeeds Laura Sen in the CEO role. Both Sen and Baldwin will continue to serve on the company’s board. Baldwin has

More consolidation

CINCINNATI – Kroger Co. has agreed to buy 151-store Roundy’s Inc. for some $800 million, including debt. Kroger will purchase all outstanding shares of Roundy’s for $3.60 per share, a premium of about 65% to its closing price on November 10. The deal, which is expected to close by year-end, was unanimously approved by the