by - July 8, 2013 12:56 pm
Target founder Dayton, dies
Douglas Dayton, a retail pioneer in his own right, died Sunday (July 7) at the age of 88. He was born into retail and took over the family’s downtown…
The Supply Side
by - June 28, 2013 4:04 pm
Study highlights pattern shifts among shoppers
Shoppers are normally creatures of habit but this past spring behaviors shifted, according to a survey by RetailNext Inc. Using so-called "big data," the survey studied 41 million shopping trips…
by - June 28, 2013 9:46 am
The Supply Side briefs: Kimberly Clark honored, Nestle R&D
• Kimberly Clark garners procurement honors Kimberly-Clark Corporation earned top honors from the Procurement Leaders Awards in London. These awards recognize and celebrate the excellence in the world of procurement…
by - June 26, 2013 6:30 pm
Wal-Mart cans contract with Paula Deen
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
Suppliers face audit pressures from big box retailers
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
The Supply Side: Retailer business briefs
• 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
Duo hope to build on NWA retail sector
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
Growth for suppliers linked to e-commerce
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
Retailer briefs: Lowe’s acquisition, J.C. Penney staffing
• 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
The Supply Side briefs: Del-Monte explores sale, Kraft division changes
• 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 ‘Sensory Lab’ tests holiday products
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
Retailers report stronger sales in May
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
The Supply Side: Dole takeover bid, General Mills boosts forecast
• 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
CEO Andrews exits Collective Bias
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
Heinz sale is completed
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 tests virtual shops in Toronto
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
Procter & Gamble restructures global business
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
Suppliers benefit from Wal-Mart sourcing goals
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
The Supply Side: McCormick expansion, Smithfield’s sale, Exec shift
• 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
Nestlé exec appointed to Samaritan board
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…