Albertsons has named Chief Operating Officer Wayne Denningham as its new president, the company said Wednesday. Denningham will serve as both operating chief and president as well as oversee marketing, merchandising, manufacturing, supply chain, integration and operations.

Target will focus on expanding its presence in urban areas with more small-format stores and continuing to strengthen its offerings in grocery this year, CEO Brian Cornell said this week. The plans are part of the retailer's strategy to boost its results following a weak year in 2016.

New Seasons will expand in California and Washington between this year and next year, with plans to bring its organic produce and other offerings to new stores in the San Francisco and Seattle markets. The retailer already has an 18-store presence in the Portland, Ore., area.

General Mills projects that its organic and natural portfolio will hit $1 billion by 2019, a goal the company set last year as part of a larger organic sourcing and growth plan that includes boosting organic acreage to meet demand coming from a wide range of demographics. "Contrary to mythology, it's not just millennials who are buying organic...all generations are participating," said General Mills' Katrina Heinze.

Albertsons CEO Bob Miller began his career in grocery sorting glass bottles at a store in California. His career continued through positions in the stock room, at checkout and at the head of companies including Fred Meyer and Rite Aid before landing him at the helm of 2,300-store retailer Albertsons, where he has made acquisitions, streamlined operations and is working to take the company public.