News

COLUMBUS, Ohio -- After opening 80 stores last year and with plans for another 90 units this year, Big Lot’s made several merchandising moves to facilitate its planned growth.

The nation’s leading closeout retailer announced it has hired former Sears merchandising executive Doug Wurl to serve as its EVP merchandising. He assumes responsibilities previously held by John Martin who was named EVP administration with responsibility for store operations and human resources.

Target was in the top half of a group of 33 pharmacy retailers ranked by readers of Consumers Reports in the publication’s May issue. Target’s pharmacy received a score of 88 out of a possible 100, which put it well ahead of larger pharmacy operators such as CVS and Walgreens, both of which scored 82 and last-ranked Walmart, which scored 78.

MOORESVILLE, N.C. -- Lowe’s announced that it is celebrating Earth Day by giving away trees. On April 23, Lowe’s, in partnership with American Forests, will give away one million tree saplings to customers during in-store Earth Day celebrations nationwide. When planted, these one million trees will eventually produce more than 260,000,000 pounds of oxygen annually, providing air for more than 670,000 people for one year, according to the company.

Bentonville, Ark. -- Wal-Mart Stores reported in a filing on Monday that its CEO  Mike Duke received compensation valued at $18.7 million last year, less than a year earlier, as U.S. store sales dropped.

Duke received incentive pay, which is tied to Wal-Mart’s financial performance, of $3.85 million in the year ended Jan. 31, down from $4.8 million a year earlier.

His salary rose 2.4% to $1.23 million, based on U.S. Securities and Exchange Commission rules. A year earlier, Duke’s compensation totaled $19.2 million.

NEW YORK — Consumers that seek timely and detailed information about product recalls look to multiple resources, according to a new Deloitte survey.

HOUSTON -- Douglas Ewert will become CEO of Men’s Wearhouse effective at the company’s annual shareholders’ meeting on June 15, when founder and current chairman and CEO George Zimmer steps down.

PITTSBURGH -- KidsVoice, an organization which advocates for abused, neglected and at-risk children, announced that American Eagle Outfitters will be the presenting sponsor for its events during Child Abuse Prevention Month, which include Kitetails & Cocktails on April 28 and Kites for Kids on April 30. Both events will take place at the Pittsburgh Zoo & PPG Aquarium.

One creative child will win a $5,000 scholarship!

BATTLE CREEK, Mich. — A former PepsiCo executive has joined Kellogg's as its new SVP global supply chain.

Steven Sterling, who most recently served as group VP operations for Pepsi's Frito-Lay division, joined Kellogg's on Friday. He will serve as a member of the company's executive leadership team and report to Kellogg president and CEO John Bryant.