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GE Capital: Retail CFOs more optimistic, look to invest
Norwalk, Conn. -- Retail chief financial officers (CFOs) of U.S. middle-market companies are becoming more optimistic concerning the state of the industry, according to the latest GE Capital survey of retail CFOs of companies with revenues ranging from $50 million to $1 billion.
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Walmart exec to lead food safety initiative
Frank Yiannas, VP food safety and health at Walmart, was named vice chair elect of The Global Food Safety Initiative (GFSI), an organization created in 2000 by The Consumer Goods Forum. Yiannas will assume the role of vice chair in February 2012 when current vice chair, Yves Rey, corporate quality general manager, at Danone becomes chairman.