December 14, 2015 by MMR
chief executive officer, Neil Ashe, president, Walmart, Walmart Global eCommerce, Walmart Pay
2015, Issue 12-14-2015, Issues
BENTONVILLE, Ark. – Walmart earlier this month introduced Walmart Pay, a mobile payment system that permits shoppers at Walmart stores to pay for merchandise with their smartphones. “Walmart Pay is the latest example, and a powerful addition, of how we are transforming the shopping experience by seamlessly connecting online, mobile and stores for the 140
December 14, 2015 by MMR
CEO, chief executive officer, Eric Claus, Jerry Storch, president, Ritchie Casteel, Sam Duncan, Save-A-Lot, Supervalu Inc.
2015, Issue 12-14-2015, Issues
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
December 3, 2015 by MMR
chief executive officer, chief financial officer, Dollar General Corp., John Garratt, third quarter, Todd Vasos
Money
GOODLETTSVILLE, Tenn. – Dollar General Corp. on Thursday said sales rose 7.3% in the third quarter to $5.07 billion. Same-store sales increased 2.3% as traffic increased and the average basket size grew. The discount retailer lowered its full-year guidance on sales and earnings. Executives now expect net sales to grow about 8% in the year
December 2, 2015 by MMR
chief executive officer, Eric Claus, Jerry Storch, non-executive chairman, president, Ritchie Casteel, Sam Duncan, Save-A-Lot, Supervalu, Supervalu Inc., Supervalu president and CEO
People
EDEN PRAIRIE, Minn. – Supervalu Inc. on Wednesday named Eric Claus as chief executive officer at Save-A-Lot, its retail food division. Claus brings more than three decades of retail experience to the job, which he will assume on or before January 4, Supervalu noted. On the date Claus assumes his new role, Ritchie Casteel will
November 30, 2015 by MMR
Bob Mariano, CEO, chairman, chief executive officer, Kroger Co., president, Rodney McMullen, Roundy’s Inc., Willis Stein & Partners
2015, Issue 11-30-2015, Issues
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