Strategy

MINNEAPOLIS — Target announced that has partnered with FishWish to help reach its goal selling only sustainable and traceable seafood in its stores by 2015. 

Boston -- Global private equity firm Advent International announced that Thomas Ryan, former chairman and CEO of CVS Caremark Corp., has joined the firm’s Operating Partner Program. He will advise and work closely with Advent’s investment professionals to identify attractive opportunities and generate post-investment value at retail and healthcare companies globally.

Ryan, who joined CVS Caremark in 1974 as a pharmacist, was appointed chief executive in 1994.

PLEASANTON, Calif. — Safeway reported net income of $130.2 million (38 cents per diluted share) for the third quarter of 2011 compared with $122.8 million (33 cents per diluted share) for the third quarter of 2010.

Total sales were $10.1 billion in the third quarter of 2011 compared with $9.4 billion in the third quarter of 2010, due primarily to higher fuel sales, a 1.5% increase in identical-store sales (excluding fuel) and a higher Canadian exchange rate.

WASHINGTON — The National Retail Federation Wednesday said that legislation introduced in the House to repeal debit card swipe fee reform would cost consumers more than $6 billion a year in savings that merchants plan to pass along to their customers.

New York City -- Brixmor Property Group US said Tuesday that 21 leases have been executed with Spirit Halloween and 11 leases with Halloween City across Brixmor’s property portfolio. 

The seasonal stores are scheduled to be open through Halloween, and include shopping centers in 19 states.

Columbia, S.C. -- Edens & Avant announced Tuesday that it has closed on the refinancing of its $350 million unsecured revolving credit facility and $30 million unsecured working capital line.

Both will mature in September 2014, but include two, one-year extensions that could extend both facilities through September 2016.

New York City -- Gap executives reaffirmed its commitment to reducing square footage at home, aggressive international expansion and online growth during a presentation at Gap Global Creative Center in New York City. Gap also revealed that its online-only Piperlime division will explore a store concept next year and is testing men’s apparel.

ST. LOUIS — Ralcorp Holdings announced that Robert Vitale will serve as CFO Post Holdings in conjunction with the previously announced separation of Ralcorp and the Post cereal business.  Vitale will join Post effective Nov. 1.