Lowe’s chief to head retail group

Lowe’s chief to head retail group The Retail Industry Leaders Association said Robert A. Niblock, chairman and chief executive officer of Lowe’s Cos. Inc., has been named chairman of its board of directors.
   Niblock takes over from Brad Anderson, CEO of Best Buy Inc., who had served as chairman since 2005. Anderson will remain a member of the board.
   Gregg Steinhafel, president of Target Corp. become vice chairman.