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Big Lots names Walmart grocery vet to EVP, Chief Merchandising Officer

- Retail
Jack Pestello joins Big Lots following seven years in leadership roles at Walmart and with over 25 years of global retail experience spanning merchandising, sourcing, category and brand development. At Walmart, he most recently served as Senior Vice President and General Merchandise Manager for Walmart's Grocery business.

As Grocery Outlet considers IPO, it sees thousands of stores in its future

- Retail
Emeryville, CA-based Grocery Outlet said in an SEC filing it plans to double, then quadruple store count as it plans an initial public offering.