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J&J taps Bayer executive to serve as group worldwide chairman

BY Allison Cerra

NEW BRUNSWICK, N.J. — Johnson & Johnson has named a new group worldwide chairman.

The company said Sandra Peterson — who currently serves as chairman and CEO of Bayer CropScience AG, based in Europe — will have responsibility for the J&J consumer group of companies, information technology and global supply chain. She also will become a member of J&J’s executive committee.

"Sandi Peterson is an experienced global leader known for her strategic thinking and proven track record in growing businesses," J&J CEO Alex Gorsky said. "She brings 25 years of experience to her new role, which will draw on her expertise in building fully integrated global businesses, and focusing on growth."

Peterson has held her current role at Bayer since 2010. Previously, she was president and CEO of Bayer Medical Care and president of Bayer HealthCare AG’s diabetes care division. Prior to joining Bayer in 2005, Peterson spent five years in leadership roles at Medco Health Solutions, and also worked at Nabisco, Whirlpool and McKinsey & Co.

Currently residing in Germany, Peterson will be based at Johnson & Johnson headquarters in New Brunswick, N.J.


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99 Cents Only to debut Sanger, Calif., store

BY Allison Cerra

CITY OF COMMERCE, Calif. — 99 Cents Only Stores is opening a new store in Sanger, Calif.

The new Sanger store, which officially opens its doors Sept. 20, is located at 2680 Jensen Ave. at the corner of Bethel Ave. The new store is approximately 19,000 sq. ft. and will feature a perishable food department, including produce, dairy and frozen foods.

99 Cents Only currently operates 302 extreme value retail stores, consisting of 221 stores in California, 37 in Texas, 29 in Arizona and 15 in Nevada.

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Target extends loyalty program to Canada

BY DSN STAFF

TORONTO — Target is bringing its REDcard Rewards program to Canada. The company announced that its Canadian customers will receive an additional 5% off every day when shopping at Target with its REDcard products, which include the Target Debit Card and Target RBC MasterCard. Similar to the REDcard Rewards loyalty program in the United States, the additional savings — which apply to almost everything at Target — will be applied instantly at time of purchase.

"We’re excited to bring the unique Target shopping experience to Canada and offer guests quality products at affordable prices. Our REDcard 5% Rewards loyalty program is an important part of this commitment, and will ensure that our Canadian guests enjoy additional everyday savings when they shop at Target," Target Canada president Tony Fisher said.

The Target Debit Card, a proprietary Target Canada offering, will link to the cardholder’s existing checking account and can be used only at Target stores in Canada.

Royal Bank of Canada will issue the no-annual fee Target RBC MasterCard, which offers cardholders not only REDcard 5% Rewards at Target, but also the ability to earn Target GiftCards based on their purchases outside of Target.

The first Target Canada stores are not set to open until next spring, but customers will be able to apply for REDcard products online beginning early 2013. Applications for the Target RBC MasterCard also will be available in RBC branches at that time. Once Target stores are open, Canadian guests will be able to apply for both REDcard products in store.

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