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CVS Caremark names interim retail leaders
Woonsocket, R.I. -- CVS Caremark said Tuesday that it has appointed its two highest ranking retail executives to jointly lead the company’s CVS/pharmacy business, effectively immediately.
Mike Bloom, executive VP merchandising and supply chain, and Scott Baker, executive VP internal operations and real estate, will jointly manage the chain’s retail business until CVS completes its search for a new president. -
A busy week for Target
Between announcing its first international acquisition and disclosing details of its U.S. expansion program, the Target board found time to squeeze in authorization of a quarterly dividend payment. The company’s dividend is currently 25 cents a share and is payable on March 10 to shareholders of record on Feb. 16. The first quarter dividend will be the company’s 174th consecutive dividend paid since October 1967 when the company became publicly held.