FINANCE

Rite Aid same store sales dip

BY Staff Writer

Camp Hill, Pa. — Rite Aid reported a 4% drop in same store sales for the four weeks ending April 27, 2013 compared to the same period a year earlier. The drugstore chain blamed part of the drop on the negative impact of an early Easter this year on front-end sales.

Same store sales also declined 3% for the eight-week period ending April 27, 2013 compared to the same eight weeks in 2012.

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OPERATIONS

Delhaize Group names Maura Smith general counsel

BY Staff Writer

Brussels, Belgium — Global supermarket operator Delhaize Group, whose U.S. divisions include Food Lion and Hannaford Bros., has named Maura Smith as executive VP, general counsel and general secretary. Smith formerly served as executive VP of government affairs, general counsel and secretary of PepsiCo and has 30 years of corporate legal experience.

Smith will report to CEO Pierre-Olivier Beckers and is succeeding Michael Wallers, who is entering a planned retirement.

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FINANCE

Mother’s Day shoppers set spending limits

BY Staff Writer

Los Angeles – Shoppers are setting a budget for Mother’s Day spending this year, according to a new survey from PriceGrabber. Results of the 2013 Mother’s Day Survey show that 52% of consumers plan to spend less than $100 on Mother’s Day gifts, with flowers the most popular gift selection.

The survey of 6,824 US online shopping consumers also shows that 23% of shoppers will spend $100-$249, while 12% will spend more than $250 and 13% do not have a budget in mind.

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J.Watson says:
May-02-2013 03:12 pm

Mother’s Day
This is because mother is very special for all of us.......nice post. flyboards

J.Watson says:
May-02-2013 03:12 pm

This is because mother is very special for all of us.......nice post. flyboards

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