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Corporate Governance

  • Changes in Delhaize Group’s executive leadership

    BRUSSELS, Belgium — Belgian international food retailer Delhaize Group announced that Roland Smith, CEO of Delhaize America, and Pierre-Olivier Beckers, CEO of Delhaize Group, are leaving the company.

  • Whole Foods Market announces plans for store on Chicago’s South Side

    Chicago -- Whole Foods Market plans to open an 18,000-sq.-ft. store on Chicago’s South Side, in the impoverished Englewood neighborhood, in 2015. The store will be built as part of a larger development at the northwest corner of South Halsted and West 63rd Streets. The retail portion of the site is being developed by DL3.

  • Rite Aid promotes pharmacy exec to VP of managed care

    Camp Hill, Pa. – Rite Aid Corp. has promoted Tammy Royer, a long-time member of Rite Aid’s pharmacy division, to group VP of managed care. In her new role, Royer will oversee all aspects of managed care, including contracting, maintaining relationships with managed care organizations, pharmacy benefit managers and third-party payers and developing new strategic partnerships.

  • Lessons Learned for Retailers Following Bangladesh Tragedy

    By Tracy Knippenburg Gillis, [email protected]

    The Rana Plaza building collapse in Savar, Bangladesh on April 24 that killed roughly 1,000 garment workers exposed a serious risk to the safety of workers in low-wage countries and to the reputations and bottom lines of retailers dependent on outsourced global supply chains.  

  • Record auto sales are holiday red flag

    Retailers were already leery about the outlook for consumer spending this holiday season and reports Wednesday of record auto sales in August only add to the concern.

    Both Walmart and Target reported disappointing second quarter sales and tempered their outlook for the full year. Conversely, car salespeople across the country were clinking champagne glasses and cashing commission checks as their employers, everyone from Mazda to Honda to Porsche and Ford, said August was a record month.

  • Deliv and GGP make same-day-delivery plan

    Palo Alto, Calif. — A subsidiary of General Growth Properties has partnered with Deliv, a company that provides national multichannel retailers with low-cost same-day delivery through crowd-sourced drivers. The initiative aims to meet evolving consumer demands for swifter delivery.

  • Organic items added to Target’s HBC offering

    Two hundred Target stores will begin offering the EveryOne brand of organics and all nature health and beauty items from EO products.

    The company bills itself as theoriginal and ultimate essential oil based personal care company and said its products are designed to meet the increasing demand for healthy body products at a great price. Target will offer EO’s EveryOne Soap in Citrus + Mint, EveryOne Soap in Coconut + Lemon, and EveryOne Lotion in Coconut + Lemon in a 32 ounce pump bottle that retails for less than $10.

  • Sam’s Club moving to bigger location in Anchorage

    New York -- Sam's Club will host a grand opening celebration on Thursday, Sept. 5, at its new location in Anchorage. At 145,000 sq. ft., the new club will be more than 50% bigger than the former Anchorage location.

    The new club has been constructed to include many environmentally friendly features. Energy-efficient fixtures, including daylight-harvesting skylights, reduce the amount of energy required to light the club by up to 75% daily.

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