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Walmart Canada names Delhaize Group exec as president, CEO
Mississauga, Ontario -- Walmart Canada has appointed an executive from Delhaize Group, Dirk Van den Berghe, as president and CEO, effective Aug. 1.
Van den Berghe, who has 30 years of international business experience, most recently served as CEO of Delhaize’s Belgium and Luxembourg operations. His appointment at Walmart was seen as a way for the discounter to strengthen its grocery business in Canada.
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Report: Coach to close 70 stores
New York -- Coach plans to shutter about 70 underperforming stores in fiscal 2015, Crain’s New York reported. The retailer, which has been under heavy competitive pressure from Michael Kors and other upscale companies, also gave a disappointing revenue forecast for its current fiscal year.
