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Kroger names Smith’s division president
Cincinnati -- The Kroger Co. said Tuesday that it has promoted Mark Tuffin to president of its Smith’s Division, succeeding the retiring Jim Hallsey.
Tuffin joined Smith's in 1996, and most recently served as VP merchandising. In 2009, he was named VP transition for Kroger.
He will assume responsibilities upon Hallsey's retirement at the end of July.
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Big Lots completes Canadian trifecta for U.S. retailers
COLUMBUS, Ohio — Big Lots has acquired 89 Liquidation World stores in Canada and becomes the latest U.S. retailer to pursue growth opportunities north of the border.
The company said it invested $20 million in cash and assumed certain liabilities in order to purchase all outstanding shares, satisfy debt obligations, and acquire all assets and leasehold rights of Liquidation World, an operator of 89 stores offering closeout merchandise. Big Lots currently operates 1,405 stores in the United States.