Tractor Supply names Luxottica exec to board
Brentwood, Tenn. – Tractor Supply Company has named Mark J. Weikel to the company’s board of directors. Weikel currently serves as president and CEO of Luxottica Retail Optical North America.
Prior to his various positions at Luxottica, Weikel served as COO of Lord & Taylor. Before Lord & Taylor, Weikel was president & COO of Victoria’s Secret Stores at Limited Brands. Earlier in his career, Weikel held several management positions at the May Department Stores Company.
"We are delighted Mark is joining Tractor Supply’s board of directors,” said Cynthia Jamison, chairman of the board of Tractor Supply Company. “Mark brings a wealth of retail expertise that, combined with his demonstrated success in both operations and merchandising, will build upon the board’s leadership and expertise. We are confident that Mark’s leadership experience and business background will be valuable assets to the Tractor Supply board as we continue to grow our business."
Fairway Markets CEO to retire
New York — Fairway Holdings Corp., operators of Fairway Markets, announced that CEO Herbert Ruetsch will retire after fifteen years with the company, including the last two years as chief executive. Ruetsch will remain a special advisor to Fairway and continue to provide input into certain merchandising and product initiatives.
William Sanford, president of Fairway, will assume the role of interim CEO while the board undertakes a search for a permanent replacement.
Charles Santoro, executive chairman of Fairway, stated: "Herb Ruetsch has helped lead Fairway through a major transformation from a small family business into an iconic, growing specialty food retailer serving some 20 million customer visits annually in the tri-state area.”
Fairway also announced the promotions of Kevin McDonnell to co-president and COO and Edward Arditte to co-president and CFO.
Walgreens still evaluating sales of tobacco
Deerfield, Ill. — Responding to the announcement by CVS Caremark that its plans to stop selling tobacco products in its stores, Walgreens stated that the category has been under review at its stores, too.
Walgreens has been evaluating its tobacco line for “some time,” and, according to spokesperson Michael Polzin, it “will continue to evaluate the choice of products our customers want, while also helping to educate them and providing smoking cessation products and alternatives that help reduce the demand for tobacco products.”
Walgreens also announced a partnership with GlaxoSmithKline Consumer Healthcare to launch a free, Internet-based smoking cessation program called Sponsorship to Quit. The program will provide smokers with customized tools to track their progress in quitting smoking.