Cafaro Co. announces senior retirements
Youngstown , Ohio The Cafaro Co. announced late Wednesday the retirement of president and CEO Anthony M. Cafaro, Sr. and VP John J. “Jay” Cafaro, effective immediately. The simultaneous retirements are part of an executive transition process that has been years in the making, said the company.
William A. Cafaro and Anthony Cafaro, Jr., will take over the day-to-day operations of the company. The two senior Cafaros will continue to consult and participate in special projects.
Report: Retailers expect increased sales, foot traffic from H1N1 vaccination
New York City Pharmacies, supermarkets and other retailers are gearing up to become the go-to provider for swine-flu vaccinations, in a bid to attract more customers and, in many cases, promote their in-store health clinics, according to the Wall Street Journal.
Rite Aid, Kroger Co. and Walgreens are among the companies launching initiatives to promote the H1N1 vaccination and help boost sales and in-store traffic.
Report: Hacker pleads guilty to fraud case
Boston A computer hacker who helped orchestrate the theft of tens of millions of credit- and debit-card numbers from major retailers in one of the largest such thefts in U.S. history pleaded guilty Tuesday in the last of three cases brought by federal prosecutors, according to the Associated Press.
Albert Gonzalez, a one-time federal informant from Miami, faces a prison sentence of up to 25 years under the terms of separate plea agreements. He is tentatively scheduled for sentencing in March.
Tuesday’s plea stemmed from a case that was originally brought by federal prosecutors in New Jersey, but later transferred to Boston. It charged Gonzalez with conspiracy to gain unauthorized access to computer servers at Hannaford Brothers, 7-Eleven, Heartland Payment Systems, a New Jersey-based processor of credit and debit cards; and two unnamed companies.
Gonzalez pleaded guilty in September in two other cases that were combined in Boston. Those cases included charges that he hacked into the computers of prominent retailers such as TJX Cos., BJ’s Wholesale Club, OfficeMax, Barnes & Noble and Sports Authority.