The former chairman and CEO of Home Depot is joining the board of directors at Pep Boys.
Target CFO John Mulligan ably represented the company in testimony before a Senate committee on Tuesday, but the one in the hot seat should have been chairman, president and CEO Gregg Steinhafel.
Leading food wholesaler Nash Finch said its third quarter sales growth was cut in half as a result of the government shutdown in September.
The competitive prospects of Spartan Stores and Nash Finch improved considerably on Monday when the two companies agreed to merge and create an enterprise with 177 stores, 22 distribution centers and annual sales of roughly $7.5 billion.
Robert Nardelli, former Home Depot and Chrysler CEO, said Friday he is stepping down from his current post as CEO of firearms maker Freedom Group.