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Why do outlet stores exist?02 Oct 2014
Why do outlet stores exist? The answer may seem obvious to most shoppers—they are places where companies get rid of... Continue Reading
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Wal-Mart names Instagram Co-Founder systrom to board02 Oct 2014
Wal-Mart Stores Inc. (WMT), looking to bolster its technology know-how, named Instagram Inc. co-founder Kevin Systrom to its board. Systrom,... Continue Reading
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American apparel names new interim chief executive02 Oct 2014
American Apparel Inc. (APP) named turnaround consultant Scott Brubaker as interim chief executive officer, bringing another shake-up to the clothing... Continue Reading
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New Walmart in east Tampa to help turn food desert into oasis02 Oct 2014
TAMPA — Mayor Bob Buckhorn hasn’t met a ribbon-cutting he doesn’t like. One day he went to six, smiling for... Continue Reading
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Aldi plans to step up U.K. store expansion after surge in profit02 Oct 2014
Discount grocer Aldi reported a 76 percent gain in annual profit in the U.K. and pledged to invest 600 million... Continue Reading
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Albertsons and safeway ready to roll25 Sep 2014
The merger between Albertsons and Safeway is expected to close in a few months and when it does the combined... Continue Reading
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Teenager in bid to become chief executive of Nisa Retail25 Sep 2014
An 18-year-old who left school at 13 with no qualifications is vying to become chief executive of the convenience store... Continue Reading
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Ultrasonic CEO says he didn’t run off with firm’s cash25 Sep 2014
The chief executive officer of shoemaker Ultrasonic AG (US5), who was fired along with his son last week after they... Continue Reading
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Tesco CFO stewart starts early as accounting inquest begins25 Sep 2014
Tesco Plc (TSCO) said Alan Stewart will start today as chief financial officer after gaining his early release from Marks... Continue Reading
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Should competitors be worried? Grocers have mixed feelings about Wal-Mart neighborhood market expansion in north Alabama25 Sep 2014
HUNTSVILLE, Alabama – Months before Wal-Mart opened a Neighborhood Market in Decatur, Lucky’s Supermarket manager Jimmy Sharp worried the country’s... Continue Reading
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