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Retail

  • Lowe’s names Dollar General’s Dreiling to board

    Mooresville, N.C. -- Lowe’s Cos. said Friday it has appointed Richard Dreiling, CEO and chairman of Dollar General Corp., to its board of directors. He will serve on the board’s audit and governance committees.

    Dreiling has also served in corner-office positions for Duane Read, Longs Drug, Safeway and Vons.
     

  • Mac Naughton gains added responsibility for marketing at Walmart

    Walmart chief merchandising officer Duncan Mac Naughton was given additional responsibility for marketing on Friday, according to an internal company announcement that was obtained by Reuters. Citing the announcement, the news agency said chief marketing officer Stephen Quinn would report to Mac Naughton rather than U.S. stores division president and CEO Bill Simon as was the case previously. To read more click here.

  • Rona announces two executive hires

    Rona, the largest chain of home improvement retailers and distributors in Canada, has appointed Dave Carr to the position of VP retail, Western Canada, and François Hardy to the position of VP dealer-owner network development.

    After beginning as an employee of a TOTEM store lumberyard in 1992, Carr quickly climbed the ranks to become assistant manager, then store manager. After managing several stores in Alberta, Carr became a regional manager, then general manager, and finally VP of TOTEM in 2008, three years after Rona's acquisition of the company.

  • Expense control is part of Walmart culture too

    Walmart makes a big deal out of its culture, and as a result it invites criticism whenever changes are made to long-standing company policies that are somehow seen as diminishing the culture. That was the case again this week when reports surfaced that people greeters working the overnight shift had been reassigned other duties.

  • Rona announces executive hires

    New York City -- Rona, the largest chain of home improvement retailers and distributors in Canada, has appointed Dave Carr to the position of VP retail, Western Canada, and François Hardy to the position of VP dealer-owner network development.

  • Apple outshines Walmart in stunning fashion

    Walmart will report fourth-quarter and full-year results in a few weeks, and the numbers, while they are sure to be extraordinarily large, will pale in comparison to the superlative-defying figures that Apple posted earlier this week.

  • Report: Carrefour seeks CEO

    New York City -- French retailer Carrefour is in advanced talks to replace its CEO, according to The New York Times.

    The board of the company is talking with Georges Plassat to replace its current CEO, Lars Olofsson, the report said. Plassat is chief executive of Vivarte, the Paris-based owner of retail clothing chains and shoe stores including Kookai, Chevignon and Naf Naf.

  • Report: Wal-Mart puts U.S. marketing under merchandising group

    Bentonville, Ark. -- Wal-Mart Stores Inc. said Friday it has reorganized reporting relationships, putting its U.S. marketing team under the leadership of the chief merchandising officer. Marketing currently operates as a separate group and the move, said Wal-Mart, is designed to improve shopper communication.

    The new plan will have U.S. chief marketing officer Stephen Quinn reporting to U.S. chief merchandising officer Duncan Mac Naughton. Before the change, Quinn reported to Bill Simon, Wal-Mart U.S. president and CEO.

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