-
Target CEO named chairman of RILA board
NAPLES, Fla. — The Retail Industry Leaders Association has appointed new members to its board of directors, including a new board chairman.
RILA said Target chairman, president and CEO Gregg Steinhafel was appointed RILA chairman of the board. Steinhafel, who previously served as vice chairman, succeeds Bill Rhodes, who currently serves as chairman, president and CEO of AutoZone.
-
Family Dollar on track for 450 to 500 stores this year
New York City -- Family Dollar plans to continue aggressive growth in the current fiscal year, with 450 to 500 new stores on tap, CEO Howard Levine said at the company's annual shareholder meeting Thursday, The Charlotte Observer reported.
The discounter also plans to open its 11th distribution center this year, to serve its stores in California where it has started expanding, the report said.
Levine said Family Dollar will continue its store renovation program, making over another 1,000 locations.
