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Rite Aid promotes Ken Martindale to president
Camp Hill, Pa. -- Rite Aid Corp. has promoted Ken Martindale, currently senior executive VP and COO, to president and COO. Rite Aid chairman, president and CEO John Standley will continue in those roles.
The promotion of Martindale, 53, is effective immediately.
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A.T. Kearney: China top market for expansion by apparel retailers
China -- China once again topped the A.T. Kearney’s 2013 Retail Apparel Index, which measures the market readiness of developing economies for international apparel retailers to enter. Other compelling expansion opportunities are offered by a number of countries from Latin America and the Middle East.