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  • Former Pathmark CEO dies at 85

    New York -- Leonard Lieberman, former chairman and CEO of Supermarkets General, which owns Pathmark, died at his home in Hoboken, N.J., on Jan. 2, according to an obituary on NJ.com. He was 85. The cause of death was heart failure.

  • Ex-Walmart de Mexico CEO to head Grupo Lala

    It didn't take long for former Walmart de Mexico executive Scot Rank to land a new job.

    Mexican dairy company Grupo Lala has appointed Rank, the former chief executive officer of Walmart de Mexico, as its new chief executive to replace retiring top boss Arquimedes Celis, the company said.

    Celis, who served as CEO for 14 years, will retire on June 30 but continue as a board member at the company, one of Latin America's largest dairy producers.

  • Report: Former Pathmark CEO dies at 85

    Leonard Lieberman, former chairman and CEO of Supermarkets General, which owns Pathmark, died at his home in Hoboken, N.J., on Jan. 2, according to an obituary on NJ.com. He was 85.

    According to the obituary, his wife, Arlene, said the cause of death was heart failure.

  • Bottom Dollar Food to close all 66 stores

    Salisbury, N.C. - Bottom Dollar Food will close its 66 store locations in the greater Philadelphia and greater Pittsburgh markets by Jan. 15 and retire the banner's operations. Upon the closing of stores, Bottom Dollar Food will offer every associate severance, and eligible associates will be offered career transition services.

  • Wet Seal gets $27 million default notice

    Embattled teen retailer Wet Seal Inc. has defaulted on $27 million in senior convertible notes and related costs.

    In a regulatory filing, Wet Seal said the total amount due is equal to $28.8 million, plus costs of collection, attorneys’ fees and disbursements.

  • Meet the 25 people shaping the future of retail

    They are disruptors, dreamers, givers, influencers and power players. The National Retail Federation Foundation has announced its inaugural list of the 25 people shaping retail’s future, and many of the names might be unfamiliar.

  • Abercrombie & Fitch settlement approved

    New York -- A federal judge recommended approval of a revised settlement of a lawsuit that challenged the pay of former Abercrombie & Fitch CEO Michael Jeffries. The action comes three months after a different judge rejected a settlement that appeared to offer few benefits to the company and “broadly released shareholders' claims," Reuters reported.

  • Hill veteran joins RILA as its top lobbyist

    Arlington, Va. -- The Retail Industry Leaders Association (RILA) announced that Jennifer Safavian has joined the association as executive VP for government affairs, effective Jan. 5. As RILA’s top lobbyist, Safavian will oversee RILA’s federal and state advocacy, guiding an agenda that includes cyber security, e-Fairness, tax reform and other critical issues facing the retail industry.

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