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Trading Partners

  • Dunkin’ Donuts signs agreements for 12 new units in Tampa

    Canton, Mass. -- Dunkin' Donuts on Monday announced it has signed agreements with three franchisees to develop 12 new restaurants throughout Tampa over the next several years.

    "The Sunshine State is a priority growth market for Dunkin' Donuts in 2011, and we're excited to expand our footprint in Tampa," said Grant Benson, CFE, VP franchising and market planning, Dunkin' Brands.

  • Massmart pledges to create 15,000 jobs over five years

    New York City -- Massmart, now majority owned by Wal-Mart Stores, said on Sunday it aims to create 15,000 jobs in the next five years. The company also said it plans to expand its procurement of food and consumer goods by an additional $8.74 billion during the same period.

    “Massmart intends to leverage Wal-Mart's global expertise in working directly with local farmers to encourage the cultivation of safe, high-quality fresh produce," Massmart CEO Grant Pattison said in the statement.

  • Target to transfer leasehold interests on select sites in Canada to Wal-Mart

    Minneapolis -- Target on Friday announced that Target Canada has reached an agreement to transfer to Walmart Canada the leasehold interests in up to 39 sites, currently operated by Zellers.

    Specific locations will be identified later this fall. Terms of this transaction were not disclosed.

  • Target helps Walmart strengthen Canadian hand

    Walmart doesn’t need a lot of help when it comes to growth, which is why last week’s announcement by Target to sell its larger rival 39 sites in Canada was a surprise. Walmart is on track to end this year with 333 stores, and on Friday Target said it had reached an agreement to transfer to Walmart Canada the rights for leasehold interests in up to 39 sites currently operated by Zellers. The sites are among the up to 220 possible sites whose leasehold interests Target is acquiring as part of a real estate transaction announced in January.

  • Campbell Soup names president and CEO

    CAMDEN, N.J. — Campbell Soup Company has named Denise Morrison president and CEO, effective Aug. 1, the first day of Campbell’s next fiscal year. In October 2010, Morrison was named EVP and COO and elected a director of the company in anticipation of her appointment to the role of CEO at the beginning of fiscal 2012.

    Morrison will succeed Douglas Conant, who will step down as president and CEO on July 31, 2011, after more than a decade in that role. Conant also will step down from Campbell’s board of directors at that time.

  • New leader named at Sears Canada

    TORONTO — Sears Canada has announced the appointment of Calvin McDonald as its president and CEO, effective immediately. McDonald most recently served as EVP, conventional division of Loblaw Companies Limited. He will succeed Dene Rogers, who has served as president and CEO of Sears Canada since 2006.

  • At shareholders meeting, Kroger emphasizes focus on customers

    CINCINNATI — Kroger CEO David Dillon said the company will continue to focus on customer loyalty, after reporting last week that it saw identical-store sales increase for 30 consecutive quarters.

    During its shareholders meeting on Thursday, Dillon said the company will build its future growth around its Customer 1st strategy, which emphasizes "[our] people, products, prices and the shopping experience."

  • RILA adds Sears, 7-Eleven chiefs to board

    Washington, D.C. -- The Retail Industry Leaders Association announced Thursday it has added two retail industry executives to its board of directors during its semi-annual meeting held this week in Washington, D.C.

    Joining the board are Louis D’Ambrosio, president and CEO of Sears Holding Corp., and Joseph DePinto, president and CEO of 7-Eleven.

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