by - June 17, 2013 10:58 pm
• Lowes to expand its California footprint Lowe's agreed to buy Orchard Supply Hardware Stores Corp. for $205 million, as the California-based Orchard filed Chapter 11 bankruptcy on Monday (June…
by - June 17, 2013 10:24 pm
• Del Monte explore sale Del Monte is reportedly exploring a sale of its canned-food business, according to a Wall Street Journal report citing people familiar with the matter. The…
by - June 17, 2013 8:32 pm
Sam’s Club puts every fresh product sold in its clubs through a rigorous six-step regimen because company officials said its members expect quality, diversity and value in return for their…
by - June 13, 2013 10:54 am
Improved consumer confidence and spending helped drive up retail sales in May. The National Retail Federation reports May retail sales (excluding automobiles, gas stations and restaurants) increased 0.6% (seasonally adjusted)…
by - June 11, 2013 6:07 pm
• Dole Food CEO launches takeover bid The Dole Food Company, one of the world's biggest fruit largest producers, received an unsolicited buyout offer from 90-year-old CEO David Murdock. The…
by - June 11, 2013 5:04 pm
John Andrews, one of the founders and CEO of Collective Bias has exited the company, according to a company press release on Tuesday. “John is an entrepreneur at heart and…
by - June 9, 2013 11:34 pm
H.J. Heinz announced Friday (June 7) the completion of its acquisition by an investment consortium comprised of Berkshire Hathaway and an investment fund affiliated with 3G Capital. The acquisition agreement…
by - June 9, 2013 8:53 pm
Wal-Mart and Procter & Gamble recently teamed up to offer Toronto shoppers more convenience. The corporate duo recently placed virtual pop-up stores in 50 bus stations across the Canadian city….
by - June 5, 2013 10:23 pm
Household products giant Procter & Gamble said Wednesday (June 5) it was reorganizing its business global business unit into four sectors. The new alignments were part of the company’s ongoing…
by - June 5, 2013 4:17 pm
Officials with Wal-Mart Stores announced earlier this year a plan to source an additional $50 billion in products from the U.S. during the next 10 years. The company said Wednesday…
by - June 4, 2013 12:35 pm
• McCormick acquires Asian company Spice company, McCormick recently acquired Wuhan Asia-Pacific Condiments Co. — a manufacturer of bouillon products in central China. McCormick said these new products complement its…
by - May 28, 2013 2:21 pm
Virginia (Ginger) Brooks of Rogers has been named a director to the Samaritan Community Center and will assume the role in July. "We are so blessed and thankful to have…
by - May 23, 2013 9:53 pm
Bob McDonald, the CEO of Procter & Gamble and a 33-year veteran of the company, stepped down suddenly after the market closed on Thursday (May 23). He will be replaced…
by - May 22, 2013 9:03 pm
• Target tests video-streaming Target has launched a Netflix-like video-streaming service with its employees, according to published reports. The company is testing the waters in a crowded field that includes…
by - May 22, 2013 11:19 am
South Africa's Massmart Holdings said on Wednesday (May 22) it expects lackluster sales growth this year, as the unit of Wal-Mart Stores Inc. battles with weak consumer demand in Africa's…
by - May 16, 2013 5:46 pm
Today’s shopper has retailers, suppliers and brand consultants continuously scratching their heads as they work feverishly to keep pace with escalating and changing expectations. More than 300 business professionals attended…
by - May 15, 2013 4:04 pm
• Pinnacle Foods profits soar Lower interest expense, leaner debt levels and previous refinancing activities contributed to a 160% increase in profits at Pinnacle Foods Inc. during the first quarter,…
by - May 15, 2013 12:08 pm
Wal-Mart said it will not sign an accord with European retailers over factory safety in Bangladesh, but has opted to conduct its own inspections at 100% of the factories in…
by - May 9, 2013 2:16 pm
• General Mills pushes food safety General Mills continues work toward improving food safety efforts. As part of the company’s global responsibility report issued April 30, General Mills said it…
by - May 7, 2013 11:07 pm
• SURVEY: Women still dominate the grocery marketplace Shopping channels are rapidly changing in the world today, but a recent survey from the Private Label Manufactures Association found it’s women…
