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  • IBM Retail Group names new president

    Strongsville, Ohio -- The IBM Retail User Group has named Giant Eagle veteran Ron Ferri as its new president. The announcement was named at the group’s recent board of directors and 35th Annual Conference planning meeting in Las Vegas.

    Ferri, a business process consultant with the supermarket chain, has participated in the IBM Retail Users Group for 12 years.
     

  • In wake of Bloom departure, CVS recasts key positions

    WOONSOCKET, R.I. — Less than a month following the departure of former EVP merchandising and supply chain Mike Bloom to lead Family Dollar, it's official — Judy Strauss Sansone will lead CVS’ merchandising team, the company announced Monday, naming the 30-year CVS veteran SVP merchandising.

  • CVS announces executive promotions

    Woonsocket, R.I. -- CVS Caremark announced the promotion of three senior executives within its retail organization.

  • Walmart cutting back on healthcare coverage for new employees

    NEW YORK — Wal-Mart Stores is cutting back healthcare coverage for new part-time workers and significantly raising premiums for many new full-time associates, the New York Times reported. It is a major turnaround for the retailer which, a few years back, under heavy criticism that many of its 1.4 million workers could not afford or did not qualify for coverage, expanded coverage for employees and their families.

  • Barnes & Noble searches for new CFO

    NEW YORK — Barnes & Noble has announced that Joseph Lombardi, CFO, has resigned from his current position, but will remain a non-officer employee until mid-2012 to assist in the transition as the company undertakes an executive search for a new CFO. The company also announced the appointment of Allen Lindstrom, VP corporate controller, to interim CFO until a replacement is named. 

  • Barnes & Noble CFO resigns

    New York City -- Barnes & Noble said its CFO Joseph Lombardi has resigned and the company is starting a search to replace him. Lombardi will stay on with the company until mid-2012 to assist in the transition as the company undertakes an executive search for a new CFO.

    Corporate controller Allen Lindstrom will take over CFO duties until a replacement is named.
     

  • Wal-Mart cutting back on healthcare coverage for new employees

    New York City -- Wal-Mart Stores is cutting back healthcare coverage for new part-time workers and significantly raising premiums for many new full-time associates, the New York Times reported. It is a major turnaround for the retailer which, a few years back, under heavy criticism that many of its 1.4 million workers could not afford or did not qualify for coverage, expanded coverage for employees and their families. The move generated of flurry of positive publicity.

  • Former personal care company exec joins OfficeMax board

    NAPERVILLE, Ill. — OfficeMax announced that V. James Marino has been elected to serve on the company's board of directors.

    "We are delighted to welcome Jim to the board of OfficeMax," said Rakesh Gangwal, chairman of OfficeMax.  "He brings significant expertise, insight and years of experience as a successful business leader, and we will benefit from having his perspective on the board."

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