-
Target exec joins Verizon board
NEW YORK — Verizon Communications has elected Kathryn A. Tesija, EVP of merchandising and supply chain at Target to the Verizon board of directors, effective immediately.
"Kathee Tesija brings to Verizon her valuable consumer insight as well as significant experience in managing the complex, large-scale, global retail functions of merchandising and supply chain," said Lowell C. McAdam, Verizon chairman and CEO.
The addition of Tesija brings Verizon's total board membership to 12.
-
Rite Aid same-store sales down 3% in Q3
Camp Hill, Pa. — As expected, Hurricane Sandy left its mark on Rite Aid's monthly sales as the chain reported a decline in comps for November.
The company said the 3% decrease in same-store sales for the five-week period ended Saturday included a 0.5% decrease in front-end comps and a 4.2% decrease in pharmacy comps, while same-store prescription count increased 2.2% compared with the same time last year.