by - August 13, 2013 10:36 am
Ackman off the J.C. Penney board
Outspoken board member and J.C. Penney investor Bill Ackman called it quits on Tuesday, (Aug. 13), as he suddenly resigned from the board. Ackman released this statement: "At this time,…
by - August 13, 2013 10:36 am
Outspoken board member and J.C. Penney investor Bill Ackman called it quits on Tuesday, (Aug. 13), as he suddenly resigned from the board. Ackman released this statement: "At this time,…
by - August 12, 2013 6:46 pm
A broad range of retailers from Wal-Mart to True Value to Whole Foods are using creative ways to connect their buyers with new suppliers – with 18 companies in the…
by - August 12, 2013 6:41 pm
• Dole CEO to take company private David Murdock, chairman and CEO of Dole Food Co. aims to take the company private. The cost for all outstanding shares is roughly…
by - August 12, 2013 5:47 pm
Pinnacle Foods said it will pay $580 million for the Wish-Bone salad dressings business from Uniever. “The acquisition of Wish-Bone is a perfect fit with our successful strategy of ‘Reinvigorating…
by - August 10, 2013 11:41 am
Newell Rubbermaid Inc. said Friday, (Aug.9 it plans to divest its hardware business. signing an agreement to sell the division to Nova Capital. The deal includes Amerock®, Ashland®, Bulldog® and…
by - August 8, 2013 9:17 pm
When Jill Davis needed a cover for a 7-inch tablet she purchased on QVC, she went to a Wal-Mart in Bentonville but found limited options and a low price of…
by - August 8, 2013 11:52 am
Allen Questrom, a retail legend in his own right who turned J.C. Penney around once before, has agreed to come back as board chairman if he approves of the retailer’s…
by - August 7, 2013 6:41 pm
The National Retail Federation together with University of Phoenix, have partnered to give 10 individuals full-tuition scholarships to fulfill their college degrees. The Dream BIG scholarship program was launched in…
by - August 5, 2013 10:37 pm
• Advantage Sales makes acquisition Advantage Sales & Marketing announced the acquisition of Program Sales Inc., a food brokerage company focused on meat, seafood, deli and bakery clients and customers….
by - July 30, 2013 11:32 pm
Some of the most demanding and highest paying jobs in Northwest Arkansas can be found in the Wal-Mart supplier community. In any given month there is between 80 to 100…
by - July 25, 2013 4:55 pm
• Underwear merger announced Hanes said it will acquire Maidenform for approximately $547.6 million, adding to its underwear garment business. Hanes will pay $23.50 per share for Maidenform, roughly a…
by - July 24, 2013 4:01 pm
Everyday low prices are the core of Wal-Mart’s business strategy, but the harder the retailer works for price separation the closer some of its competitors come to narrowing the gap,…
by - July 23, 2013 7:28 pm
• J.C. Penney hires brand strategist from Kraft J.C. Penney recently tapped Kraft Foods marketing executive Debra Berman as its senior vice president of brand strategy. Berman has extensive experience…
by - July 16, 2013 10:03 am
Getting product into a Sam’s Club is no easy feat for most small volume suppliers, but those who do make a connection say it has launched other successes. Blake Pointer,…
by - July 15, 2013 6:29 pm
Consumer spending and retail sales ended the second quarter on a soft note, indicating that economic growth and acceleration has weakened, according to the National Retail Federation. June retail sales,…
by - July 10, 2013 12:18 pm
• General Mills expects stable food pricing General Mills Inc. chairman and CEO Ken Powell said food retail prices should remain stable over the next year, which means companies will…
by - July 10, 2013 10:35 am
Wal-Mart was one of 17 U.S. retailers and suppliers to agree to a five-year safety pack needed to improve workplace conditions at dozens of garment factories in Bangladesh. The safety…
by - July 9, 2013 11:35 pm
• Barnes & Noble CEO resigns Barnes & Noble Inc. executive William Lynch stepped down as CEO this week, effective immediately. The resignation comes on the heels of weak sales…
by - July 9, 2013 2:38 pm
The grocery space is getting a little less crowded with yet another consolidation that will give No. 2 Kroger an expanded reach into the mid-Atlantic region, in the face of…
by - July 8, 2013 1:48 pm
Wal-Mart is treading ever-so-slowly toward its expansion into India despite the loosening of government restrictions to allow foreign ownership. Two sources in Bentonville expect it will be early 2015 before…