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Supervalu’s Sales joins Toys “R” Us board
Former Supervalu and Canadian Tire executive Wayne Sales was named to the board of directors at Toys “R” Us to fill a position vacated by Michael Calbert.
Calbert had served on the Toys “R” Us board since 2005 and the company noted his departure did not involve any disagreement. Calbert also serves on the board of Dollar General and earlier this year resigned from KKR & Co.
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Retailers in expansion mode include mix of old and new players
New York -- Retailers making headlines with store expansion plans include new players as well as global powerhouses. Just in the starting gate is Fresh Thyme Farmers Market, a new specialty grocery format featuring value-priced healthy and organic offerings. The company plans to open over 60 stores throughout the Midwest during the next five years.