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Family Dollar elevates Jason Reiser to chief merchandising officer; president and COO Michael Bloom departs
MATTHEWS, N.C. — Family Dollar Stores on Thursday announced that it has promoted Jason Reiser to the position of EVP - chief merchandising officer. Reiser will report to Howard Levine, chairman and CEO.
The company also noted that president and COO Michael Bloom has left the company to pursue other interests. The company will conduct a search for a new president and COO.
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Costco's sales, comps increase in December
ISSAQUAH, Wash. – Costco Wholesale Corp.'s sales increased by 6% in the month of December and the first few days of January compared with December 2012, the club retailer said Thursday.
The Issaquah, Wash.-based company reported sales of $11.53 billion during the five weeks that ended Sunday, compared with $10.87 billion during the same period last year. Comps increased by 5% at the company's U.S. stores.