by - August 13, 2013 11:05 am
Retailer imports expected to rise
Following negative numbers in four of the last five months, import volume at the nation’s major retail container ports is expected to grow 1.7% in August, over last year, according…
by - August 13, 2013 11:05 am
Following negative numbers in four of the last five months, import volume at the nation’s major retail container ports is expected to grow 1.7% in August, over last year, according…
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…