Family Dollar adds more food options, reduces prices
CHARLOTTE, N.C. — In a move to increase traffic and grow sales, Family Dollar said it added 400 products to its food offerings and reduced prices on 1,000 other items.
As part of the rollout, the operator of more than 8,100 stores enlisted the aid of television personality, author and chef Pat Neely. Plans call for Neely to participate in several special events including a recipe contest in which the challenge is to prepare a meal for four for under $15. The contest winner will receive a cooking experience with Neely at his home in Memphis.
“At Family Dollar, our focus is solely on our customer. It’s important for us to constantly evaluate our assortment, making sure that we have the products and national brands that are relevant to her and her family, always at a great everyday value,” said Jason Reiser, Family Dollar’s chief merchandising officer. “I am excited to add these new food items to our already robust assortment, and I am confident that our customers will be impressed by the expanded selection we have to offer.”
According to Neely, Family Dollar stores have everything shoppers need to make delicious dishes at everyday low prices whether the occasion is a quick weeknight meal, fun lunch or family reunion.
“Pat brings a down-to-earth style and flair that resonates with Family Dollar and our customers,” Reiser said. “We are excited to welcome Pat to the Family Dollar family. He’s a great ambassador for us as we expand our food assortment.”
Kroger SVP Robert ‘Pete’ Williams to retire
CINCINNATI — Kroger on Tuesday announced that SVP Robert "Pete" Williams plans to retire in May after 37 years with the company.
"Throughout his extraordinary career, Pete’s leadership has reflected his passion for our associates, customers and local communities. He has been a tremendous asset to our company and will be missed," stated Mike Ellis, Kroger’s president and COO. "Whether developing associates and fostering career paths for many people within the company, or influencing Kroger to improve the customer experience, Pete led with a contagious enthusiasm and steady presence. We thank Pete for his many years of dedicated service and wish him and his wife, Jennifer, the very best in retirement."
Williams has served in his current role since 2007. Today, he leads seven supermarket divisions. His replacement will be named at a later date.
Upon graduating from the University of Mississippi, Williams began his Kroger career in 1977 as a management trainee in Memphis, Tenn. with the company’s Delta division. Beginning in 1978 he held a variety of human resources leadership roles, working his way up to serve as director of labor relations at the company’s general office in 1987. He moved back to Atlanta three years later, where he spent the next several years serving as VP operations and VP merchandising, before being promoted to president of Kroger’s Mid-Atlantic division in 1998.
Shiseido begins trading on OTCQX
NEW YORK — Shiseido Co. — a Japanese cosmetics manufacturer whose brands include Global Shiseido, bareMinerals and Nars — has chosen to have its American Depositary Receipts trade on OTCQX, the OTC Markets Group has announced.
Shiseido begins trading on April 1 on OTCQX International Premier, a segment of the OTCQX marketplace reserved for non-U.S. companies that are listed on a qualified international exchange and provide their home country disclosure to U.S. investors.
"We are pleased to welcome Shiseido, one of the world’s largest cosmetics and beauty companies and a respected Japanese brand, to the OTCQX marketplace," stated R. Cromwell Coulson, president and CEO of OTC Markets Group. "By joining OTCQX, Shiseido ensures its U.S. investors will have transparent trading and convenient access to its news and financial disclosure, making it easier for them to analyze, value and trade its securities. We look forward to working with Shiseido’s management team as they continue to grow their presence in the U.S. market."