by - June 26, 2013 6:30 pm
It’s been a bad week for Southern cooking celebrity Paula Deen, as lucrative corporate endorsements continue to slip through her hands, the most recent being a multimillion dollar contract with…
by - June 24, 2013 11:03 am
Retailers and their third-party auditing firms continue to scour payment records of their product and service suppliers in pursuit of more than $1 billion annually – a practice that has…
by - June 21, 2013 12:04 am
• Federal authorities seize 14 franchises of 7-Eleven Convenience store giant 7-Eleven said it will require an internal review of personnel records among its 5,600 franchise owners after federal authorities…
by - June 20, 2013 11:27 am
It’s a simple concept that excites Adam Kuettel and Christian Baldwin: connect retail ideas with retail experience and, possibly, retail money in such a way to create another level of…
by - June 19, 2013 6:33 pm
Wal-Mart is keenly focused on leveraging its assets to boost the bottomline profits in an era when sluggish growth and hyper competition have curtailed top line revenue growth. But suppliers…
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…
