BETHPAGE, N.Y. — King Kullen Grocery Co. here said James Ashley “AJ” Johnston has been appointed director of real estate, a new position at the retailer. Prior to joining King Kullen, he was development associate for Blumenfeld Development Group, where he was responsible for sourcing, underwriting and due diligence efforts for acquisitions and financing, as well as planning, development, construction and leasing. At King Kullen, Johnston is responsible for research and strategic real estate planning, underwriting and due diligence efforts, with primary responsibility for the asset management of King Kullen's stores.
BENTONVILLE, Ark. — Wal-Mart Stores said it had named Eduardo Solorzano as executive vice president and chief executive officer of Walmart Latin America. Solorzano, who was serving as CEO of Walmart de Mexico, was named chairman of the division, and Scot Rank, its executive vice president and chief operating officer, was promoted to the CEO role. Solorzano will be based at Wal-Mart's Latin American headquarters in Miami. His new role begins Jan. 18.