February 26, 2016

Walmart Names New US President & CEO

Walmart officials promoted Greg Foran to president and CEO of Walmart U.S, effective Aug. 9. Foran succeeds Bill Simon, who served as president and CEO since June 2010 and will […]

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February 26, 2016

Arthur T. Demoulas offers to purchase Market Basket

Former Market Basket president Arthur T. Demoulas offered to buy out the 50.5 percent of company owned by his cousin and his family. “The Arthur T. Demoulas side of the […]

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February 26, 2016

Dollar Tree Purchases Family Dollar for $8.5 Billion

Dollar Tree officials agreed to purchase rival Family Dollar for approximately $8.5 billion in cash and stock, a move that would fuse two of North America’s largest deep-discount retailers. The […]

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February 26, 2016

Target Names New Chairman and CEO

Brian Cornell will join Target Corp. as the new chairman and CEO, effective Aug. 12. Cornell replaces John Mulligan, CFO an evp, Target’s interim CEO, following Gregg Steinhafel’s resignation in […]

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February 26, 2016

Fresh and Easy Debuts Wild Oats Products

Fresh & Easy Neighborhood Market is now offering products under the Wild Oats brand at all of its locations. Fresh & Easy, based out of El Segundo, Calif., has 167 […]

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February 26, 2016

Fresh Thyme Farmers Market Announces “Aggressive” Roll Out Plan

Fresh Thyme Farmers Markets representatives announced an “aggressive” roll-out plan that includes opening more than 60 stores and creating roughly 5,000 new jobs across the Midwest during the next five […]

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February 26, 2016

Weis Markets’ CEO Leaves Grocer

Weis Markets officials announced last week CEO David Hepfinger abruptly left the company.   Hepfinger submitted his resignation from his position as CEO and his seat on the board of […]

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February 26, 2016

C&S Wholesale names President

C&S Wholesale Grocers appointed Mark Verdi to serve as president, a new position for the company.   Verdi will assume his new role on March 1, assuming responsibilities of day-to-day […]

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February 26, 2016

Schnuck Markets

Todd Schnuck will succeed his brother Scott Schnuck as CEO of retailer Schnuck Markets, starting in March.   Scott Schnuck served as CEO for eight years. During his tenure, the […]

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February 26, 2016

Family Dollar

Family Dollar officials ousted president and COO Michael Bloom following disappointing financial results.   The company’s comparable sales dropped by 2.8 percent during the first quarter, which ended Nov. 30, […]

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