Family

MATTHEWS, N.C. — Former Sam’s Club executive Jason Reiser is heading to Family Dollar to be the company's SVP of merchandising. He replaces John Scanlon, who left the company at the end of March....

Matthews, S.C. -- Family Dollar Stores said Monday that Charles S. Gibson, executive VP – supply chain, will leave the company to pursue other interests, effective April 30. “Charlie has overseen the growth and development of our supply chain network...

Walgreens said it will spend $6.7 billion to buy a stake in health and beauty retailer Alliance Boots, the Kansas City Star reports. The Deerfield, Ill.-based drugstore chain plans to spend about $4 billion in cash and more than 83 million shares for a 45 percent ownership stake in the Swiss company. Alliance Boots operates more than 3,300 retail stores in 11 countries. Walgreens has the option to purchase the rest of Alliance Boots in about three years in a deal valued at about $9.5 billion.

Dollar Tree is the third largest dollar store chain in the U.S. behind Dollar General and Family Dollar, but it is about to become the first in the channel to operate outside the country after agreeing to buy the Dollar Giant chain in Canada. Will Dollar Tree's acquisition of Dollar Giant make it more competitive going up against larger chains?