Strategy

Milford, Conn. - Suzanne Greco, who began her tenure with the Subway restaurant chain as a store associate in 1973, has been named president of the company. For 24 years, she led the research and development team.

In 2012 Greco’s responsibilities expanded when she began overseeing the operations department and her responsibilities expanded again earlier in 2015 when she began overseeing the marketing department.

Arlington, Va. -- The Retail Industry Leaders Association (RILA) is calling on Congress to make “much-needed” changes to the Affordable Care Act (ACA).

The move comes in response to the Supreme Court of the United States' ruling Thursday upholding subsidies provided through ACA.

New York -- Dutch supermarket giant Ahold has agreed to buy Belgian rival Delhaize, creating the sixth largest food retailer in the United States. Keith Anderson, VP of strategy & insights for Profitero, and formerly a retail analyst with RetailNet Group, offers his thoughts on what led to the merger, and what it may bring.  

The largest supermarket operator in the United States is on fire, so it makes sense that the Kroger Co. approved its first stock split in 16 years and a 13.5% dividend increase.

The company announced that its board of directors approved an increase to the company's quarterly dividend, a two-for-one split of its common shares, and a new $500 million share repurchase program.

Medina, Minn. - Rockler Woodworking and Hardware has improved store workflow by implementing the ReflexisPlus and StoreWalk for ReflexisPlus task management and retail store auditing solutions. Rockler, which provides woodworking and do-it-yourself supplies, tools, and media implemented the Reflexis store execution and compliance solutions in three weeks in its 29 stores located across the U.S.

The woman who put the “T” in Tarjay is stepping down from her role as chief merchandising officer and adding some uncertainty about the retailer’s direction under the leadership of chairman and CEO Brian Cornell.

While 2014 was rocky for a great many retailers, with several thousand store closings across most categories of retail, the first half of 2015 has seen some encouraging signs of a modest resurgence in certain retail sectors and from select brands. The higher numbers of store closings are far from over, and it would not be accurate to refer to 2015 as a total turnaround, but it does seem noteworthy that there are significant categories of retail that have aggressively moved to capitalize on opportunities.

CAMP HILL, Pa. — Rite Aid announced on Wednesday that it has completed its previously announced acquisition of Envision Pharmaceutical Services from global private investment firm TPG and other shareholders. The transaction is valued at approximately $2 billion, including approximately $1.8 billion in cash and approximately 27.9 million Rite Aid shares.