New York — Loehmann’s Holdings Inc. has appoined Steven M. Newman as its new CEO. In Newman’s 25 years in women’s retail, he has positions in store operations, design and merchandising.
Deerfield, IL — Walgreen Co. has completed its acquisition of drugstore.com. The $409 million transaction follows Walgreens’ acquisition last year of New York-based drugstore chain Duane Reade.
Minneapolis — Tennant Company and its Orbio Technologies Group have acquired Water Star, Inc. (WSI), a Newbury, Ohio-based firm specializing in electrochemistry.
Columbus, OH — DSW Inc. has completed its previously announced merger between its largest shareholder, Retail Ventures, Inc., and a wholly owned subsidiary of DSW.