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Turnaround expert Roland Smith named CEO of Office Depot
New York -- Office Depot Inc. — the new entity created by the merger of Office Depot and OfficeMax — named Roland Smith as CEO, effective immediately. Smith, 59, most recently served as CEO of Delhaize American, a division of Belgian grocery giant Delhaize Group. Prior to that, he was president and CEO of The Wendy's Co., holding company for the Wendy's chain.
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Food Lion touting lower prices at more stores
Fresh off another quarter of same store sales growth, Food Lion held grand re-opening activities at 169 stores in North and South Carolina beginning Wednesday, November 13 in observation of investments the company said it has now made in nearly all of its 1,100 stores.