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Finance & Capital Management

  • Kroger to hire 20,000 permanent workers

    Cincinnati - The Kroger Co. is hiring to fill an estimated 20,000 permanent positions in its supermarket divisions. The company has created more than 40,000 permanent new jobs in the past six years, not including the 25,000 employees who joined as a result of the Harris-Teeter acquisition.

    "Kroger's growth trajectory creates more job opportunities for current and future employees," said Katy Barclay, Kroger's senior VP of human resources.

     

  • Alco CEO Richard Wilson out; interim chief named

    Coppell, Texas – Alco Stores Inc. has named director Stanley B. Latacha as Interim CEO, effective immediately. Richard Wilson, who served as CEO for the past four years, has left Alco by mutual agreement with the board of directors.

    Latacha has more than 30 years of retail experience, including overseeing turnarounds at Richman Gordman, Goody's, and more recently Pamida.

     

  • Dan Shoevlin named partner at UCR

    Dallas -- UCR Dallas has named Dan Shoevlin, a five-year veteran of the firm, as partner.

    Shoevlin handles such high-profile assignments as Highlands at Flower Mound in Texas, Danada Square West in Illinois, Collin Creek Shopping Center, Addison Walk, Twin Creeks Village, Woodland Plaza in Tulsa and Museum Place in Fort Worth.

    As partner, Shoevlin is charged with further growing the brokerage platform to meet the demand for institutional-quality leasing/management service in the Dallas/Fort Worth market and in other cities.

     

  • Family Dollar rejects upped bid from Dollar General; sticking with Dollar Tree

    Matthews, N.C. — Family Dollar Stores on Friday rejected the sweetened, $9.1 billion take-over bid made by Dollar General on Sept.

  • Family Dollar rejects Dollar General merger proposal

    Family Dollar has rejected the revised proposal made by Dollar General on Sept. 2 on the basis of antitrust regulatory considerations. The Dollar General offer may be financially superior, the dollar store operator noted, but it's not likely to pass muster with the Federal Trade Commission.
     

  • Tiffany names Living Proof CEO as operations VP

    New York - Tiffany & Co. has named Jill Beraud as an executive VP, effective Oct. 13. Beraud will have responsibility for global retail operations including all sales channels in every region, as well as oversight of strategic store development and real estate.

    Beraud, 54, joins Tiffany from salon product manufacturer Living Proof where she has been CEO since 2011. Prior to that, her experience includes senior-level executive and marketing roles at PepsiCo Inc., L Brands, Inc. and The Procter & Gamble Co., among others.

     

  • Shoe Carnival focuses on omnichannel agenda

    Shoe Carnival may have had a challenging second quarter thanks to soft store traffic, but the company is looking forward to implementing improved digital capabilities — including the launch of its first-ever mobile app — as part of its aggressive push to evolve the omnichannel shopping experience for its consumers.

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