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  • Supervalu moves ahead with turnaround plan

    MINNEAPOLIS — Moving ahead with its previously announced turnaround strategy, Supervalu has overhauled its executive leadership team.

  • Supervalu realigning management

    Minneapolis -- Supervalu announced that it is restructuring its executive leadership team to ensure alignment around the company’s goals and to better drive and execute the company’s business turnaround.

  • Walmart gets jump on Target in Canada

    MISSISSAUGA, Ontario — The first of 39 former Zellers stores Walmart bought from Target in Canada celebrated its grand opening as a Walmart store earlier this month.

    According to Walmart Canada, the 69,000 sq. ft. store located in Newmarket, Ontario, will feature easy-to-navigate aisles with directional signage, and a bright interior color palette to define the store's merchandise areas along with lower shelving to improve sightlines. The store will also conain a pharmacy.

  • Supervalu realigning management

    Minneapolis -- Supervalu announced that it is restructuring its executive leadership team to ensure alignment around the company’s goals and to better drive and execute the company’s business turnaround.

  • Cabela's expands in Canada

    SIDNEY, Neb. — Cabela’s is opening its second store in Saskatchewan, Canada in Regina. The 50,000 sq. ft. store will join the company's Saskatoon location in fall 2013 or spring 2014. With this new store, Cabela's will be in four locations in Canada.

    The store is expected to employ more than 125 full-time and part-time employees, most of whom will come from Regina and the surrounding area.

  • Former Procter & Gamble exec named Ralph Lauren CFO

    NEW YORK — Ralph Lauren has named Christopher Peterson as SVP and CFO. Peterson will assume his new role effective Sept. 24, and his areas of responsibility will include the company’s global finance and information technology organizations. He will report to Roger Farah, president and COO.

  • Ralph Lauren names CFO

    New York -- Ralph Lauren Corp. has appointed Christopher H. Peterson as SVP and CFO. He succeeds Tracey Travis, who resigned in July to join The Estee Lauder Cos. Inc.

    Most recently, Peterson served as CFO of Proctor & Gamble Co.’s Global Household Care division.

  • Aaron’s chairman to retire

    Atlanta -- Aaron's announced that R. Charles Loudemilk, Sr., chairman of the board of directors, will retire mid-September after founding and building Aaron's, which in now in its 57th year of operation.

    Upon his retirement, Loudermilk will become chairman emeritus of the company.

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