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  • Morrison Finance Director Ousted in Response to Lower-Than-Expected Profits

    BRADFORD, U.K. -- The U.K.'s no. 4 grocer, William Morrison Supermarkets Plc, based here, has removed finance director Martin Ackroyd and named joint managing director Bob Stott its first c.e.o., in the wake of costs connected to the $6.24 billion acquisition of Safeway Plc, which turned out to be higher than management projections.
  • Not Everybody Loves Krispy Kreme, it Seems

    WINSTON-SALEM, N.C. -- While shop-in-shops are currently in vogue at many major chains, one high-profile partnership has definitely fallen flat. Krispy Kreme Doughnuts Inc. is scrapping its test of bakery units in Wal-Mart stores.
  • Morrison Finance Director Ousted in Response to Lower-Than-Expected Profits

    BRADFORD, U.K. -- The U.K.'s no. 4 grocer, William Morrison Supermarkets Plc, based here, has removed finance director Martin Ackroyd and named joint managing director Bob Stott its first c.e.o., in the wake of costs connected to the $6.24 billion acquisition of Safeway Plc, which turned out to be higher than management projections.
  • National Commerce Bank Services Conference to Feature Major Food Retailers

    MEMPHIS, Tenn. -- National Commerce Bank Services, Inc. (NCBS) said yesterday that its 2005 Retail Banking Conference, which will be held June 6 to June 7 at the Four Seasons Hotel in Chicago, would feature the input of top food retailers in a panel discussion. The theme of this year¿s conference is "Retail Solutions from the Ground-Up."
  • National Commerce Bank Services Conference to Feature Major Food Retailers

    MEMPHIS, Tenn. -- National Commerce Bank Services, Inc. (NCBS) said yesterday that its 2005 Retail Banking Conference, which will be held June 6 to June 7 at the Four Seasons Hotel in Chicago, would feature the input of top food retailers in a panel discussion. The theme of this year¿s conference is "Retail Solutions from the Ground-Up."
  • Asda Reveals Nonfood Expansion Plans

    LONDON -- Asda, Wal-Mart British supermarket chain, yesterday said that it planned to launch additional Asda Living general merchandise and George clothing stores in the United Kingdom.
  • Asda Reveals Nonfood Expansion Plans

    LONDON -- Asda, Wal-Mart British supermarket chain, yesterday said that it planned to launch additional Asda Living general merchandise and George clothing stores in the United Kingdom.
  • Wal-Mart Immigrant Labor Settlement Could Prompt Greater Vigilance by Retailers

    WASHINGTON -- Wal-Mart's decision to settle in a case involving illegal immigrants hired by the company's cleaning contractors to work in its stores could have effects well beyond the costs to the Bentonville, Ark.-based retailer. Other store operators are likely taking note and considering their own next moves, say labor experts.
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