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Giant Carlisle searches for new president
Rick Herring, president of Ahold USA’s Giant Carlisle Division, plans to retire, effective Feb. 14.
Herring has been at Ahold for nearly 25 years and the company credits him with having made many contributions to the organization.
“We would like to thank Rick for his numerous contributions to our companies, as well as for his leadership, dedication and years of service," stated James McCann, Ahold USA COO. "We wish him all the best in this next phase of his life and career.”
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Kirkland’s not immune to severe weather
Kirkland’s reported improved year-over-year net sales for the full fiscal year 2014 but a decrease in the fourth quarter, thanks to severe weather-related declines in traffic throughout December, which affected important weekend sales days.
Net sales increased 2.7% to $460.6 million during fiscal 2014, compared with $448.4 million the prior fiscal year, while same-store sales rose 0.5%.
During the fourth quarter, net sales decreased 4.2% to $156.1 million, compared with $162.9 million in the previous fourth quarter. Same-store sales were flat.