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Ahold names new CIO
Carlisle, Pa. -- Ahold USA announced Friday it has appointed Paul Scorza as chief information officer for the company, effective April 1.
Scorza, a 30-year veteran of IBM, will oversee Ahold USA information management functions, with a focus on systems and business processes to improve efficiency, effectiveness, controls and operations.
The U.S. subsidiary of Netherlands-based Royal Ahold, operates the Stop & Shop, Giant-Carlisle and Giant-Landover supermarket banners and the Peapod online grocery service.
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Consumer spending climbs in February
New York -- Consumer spending increased in February by the most in five months as incomes rose and the job market improved.
The Commerce Department said on Friday consumer spending rose 0.7% last month, after an upwardly revised increase from 0.2% to 0.4% in January.