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Bi-Lo for Sale
DALLAS -- Southeastern chain Bi-Lo is back on the market several years after breaking away from former parent company Ahold. Bi-Lo's current owner, private equity firm Lone Star Funds, said yesterday it intends to seek a buyer for the 230-store chain, which has come up short in many markets to the country's leading supermarket operator, Wal-Mart. -
Wal-Mart Makes More Senior Management Changes
BENTONVILLE, Ark. -- Wal-Mart Stores, Inc. said Friday it has created two new high-level positions at Wal-Mart Stores U.S. that will be filled by Bill Simon and Pat Curran, effective immediately. Simon has been named c.o.o., and Curran will become e.v.p. of people.