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Starbucks taps former Sam's Club CEO as No.2 executive
Starbucks Corp. has named a former Walmart executive as its next COO. The coffee giant appointed Rosalind Brewer as group president and COO, effective Oct. 2. She is the first woman, and first African American, to hold such a high post at Starbucks. -
GNC taps Rite Aid chief as CEO
Ken Martindale has stepped down as chief executive of Rite Aid Stores to take the reins of the struggling GNC Holdings. The specialty retailer of vitamins and supplements on Wednesday announced that Ken Martindale would succeed GNC interim CEO Bob Moran, effective Sept. 11. As part of the transition, Moran will become chairman, replacing Michael F. Hines, who will remain on the board.

