Kroger CEO David B. Dillon, a 37-year Kroger veteran, will retire Jan. 1, 2014, and will continue to serve as chairman of the board through Dec. 31, 2014. Succeeding him will be W. Rodney McMullen, Kroger's president and COO.
Pier 1 Imports president and CEO Alex W. Smith identified misguided marketing and store assortments as the primary causes for the retailer’s poor earnings and performance for the second quarter ended Aug. 31.
Meijer announced the introduction of the mPerks Baby Rewards program, offering rewards on baby merchandise purchases, allowing customers to personalize rewards and earn $10 off their shopping purchases for every $100 they spend on items like diapers, baby wipes, training pants and toddler food.
Dick’s Sporting Goods has outlined its long-term plan to deliver sales and operating profit growth and drive shareholder value in the next five years, with the company’s namesake stores, new Field & Stream retail format and omnichannel platform driving its growth.