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  • Survey: Meineke top national brand for digital marketing

    Denver – Auto repair services retailer Meineke has been ranked as the national, multi-location brand that performs best in digital marketing in a survey by location marketing automation provider Placeable. The company’s NatLo Top 30 identifies and ranks the most successful large digital marketers in the U.S. by using a set of local search and location-based marketing criteria to assess their performance.

  • Rite Aid appoints new CFO

    Rite Aid has appointed former Roundy’s executive Darren Karst as EVP and CFO, effective Aug. 20, to succeed Frank Vitrano, who has announced he will retire in Sept. 2015. Karst will report to Rite Aid’s chairman and CEO John Standley.

    Karst will be responsible for all aspects of the company’s finance, accounting, treasury, tax, investor relations, legal, risk management, internal assurance and asset protection functions.

  • Supervalu profit plummets in Q1 on lost tax benefit

    Eden Prairie, Minn. – The loss of a large tax benefit caused Supervalu’s net income to plummet 49% in the first quarter of fiscal 2015 to $43 million from $85 million in the year-ago period.

    Revenue slipped to $5.23 billion from $5.24 billion.

  • The meteoric rise of Greg Foran at Walmart

    Channeling his inner Sam Walton this week, Walmart CEO Doug McMillon rattled the company with the unexpected appointment of a relatively unknown newcomer to replace Bill Simon as CEO of its largest and most profitable division.

  • MarineMax Q2 net income drops 16%

    Clearwater, Fla. – MarineMax reported net income of $11.5 million in the second quarter of fiscal 2014, down 16% from $13.63 million a year earlier. A substantial increase in selling, general and administrative expenses drove the net income decrease.

    Marinemax fared better in revenue, which grew approximately 22% to $214.4 million for the quarter compared with $175.8 million for the comparable quarter the prior year. Same-store sales increased approximately 22%.

  • Shopkeep rebrands with new site, logo

    Tablet point of sale company ShopKeep unveiled a redesigned website, logo and tagline earlier this week. The rebranding is intended to accompany ShopKeep’s growth since it started six years ago, and new features such as customized email receipts.
     
    According to ShopKeep CEO Jason Richelson, the company’s new look “respects where we’ve come from but better reflects where we are, and where we intend to go as a company.”

  • Former Demoulas CEO wants to buy Market Basket

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  • Walgreens seeks new president of pharmacy

    Walgreens president of pharmacy, health and wellness Kermit Crawford is leaving the company after 31 years to take on new opportunities, including continuing to serve as a senior counselor to Walgreens president and CEO Greg Wasson.

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