Mass Merchant

New York -- The family of James McNair, the comedian killed in the automobile accident that also seriously injured comedian Tracy Morgan, has reached a financial settlement with Wal-Mart Stores Inc, Reuters reported.

The out-of-court settlement is the first legal resolution from the crash, which occurred on June 7, 2014, on the New Jersey Turnpike.

Terms of the settlement were confidential, according to the report, and Walmart did not admit liability in the settlement.

The restructuring of Walmart’s senior executive ranks continues with the latest round of appointments involving some familiar leaders in new roles with curious titles as well as some key resignations.

Target may have ruffled some feathers in the past with what some considered a lack of plus-size offerings. But the retailer seems to be making up for it now.

Target says it is launching a brand new plus-size line, Ava & Viv, which will be sold both online and in stores starting on Feb. 22.

New York -- Target Corp. is launching a brand new plus-size line, Ava & Viv, which will be sold both online and in stores starting on Feb. 22.

While this is not Target's first foray into plus-size fashion, the news does signify a new direction for the store. Not only does Ava & Viv boast a broad range of sizes, it was also created with great style in mind, something that previously seemed like less of a priority for the brand.

It's the end of an era for Safeway and Albertsons, as the companies announced they have completed their merger, ending a nearly year-long process that began in 2014.

AB Acquisition LLC, the owner of Albertson's and New Albertson's, Inc., will acquire all outstanding shares of Safeway. The merger will create a diversified network that includes 2,230 stores, 27 distribution facilities and 19 manufacturing plants with more than 250,000 employees across 34 states and the District of Columbia.

New York -- The Retail Industry Leaders Association announced that top executives from Target, Walgreens and Cabela’s have joined the association’s board of directors.

RILA announced four new members of its board, including Target chairman and CEO Brian Cornell, Walgreens president Alexander Gourlay, Cabela’s president and CEO Thomas Millner and Newell Rubbermaid president and CEO Michael Polk.

Walmart is hoping to increase the cash in in-store shoppers’ wallets this year by offering a new tax refund service.

Direct2Cash is a way for customers to collect their tax refunds in cash at stores this tax season. The service is an alternative for taxpayers who otherwise might get refunds via check or direct deposit.

York, Pa. -- The Bon-Ton Stores announced that Keith E. Plowman, executive VP and CFO plans to retire in August. His departure will be followed by an 18-month consulting stint.

The retailer will undertake a national search to find a CFO to succeed Plowman.