by - April 17, 2013 9:41 am
Tesco to pull out of U.S. market
In the highly competitive U.S. grocery space, Tesco says it’s had enough. Abandoning the “Fresh & Easy” grocery model in the U.S. will cost the company about $1.5 billion in…
by - April 17, 2013 9:41 am
In the highly competitive U.S. grocery space, Tesco says it’s had enough. Abandoning the “Fresh & Easy” grocery model in the U.S. will cost the company about $1.5 billion in…
by - April 17, 2013 12:17 am
• Nestle’s Mexican baby food unit up for sale Nestle will sell the assets of a baby food business it purchased from Pfizer in an $11.85 billion deal last year….
by - April 11, 2013 10:51 pm
• Heinz gets new CEO Bernardo Hees will become CEO of the H.J. Heinz Co. after the completion of Berkshire Hathaway and 3G Capital’s acquisition of the company. Hees serves…
by - April 10, 2013 1:57 pm
Jerry Murray, a mid-level executive at Wal-Mart Stores, left his position as chief financial officer for Logistics, last week. He was executive cited in the infamous email leaked to Bloomberg…
by - April 8, 2013 4:40 pm
Former Apple executive Ron Johnson was outsted from his CEO role at Dallas-based J.C.Penney on Monday, (April 8), according to CNBC. J.C.Penney said Mike Ullman, will step in as interim…
by - April 3, 2013 3:14 pm
• Fujifilm North America gets supplier award Wal-Mart Stores Inc. tagged Fujifilm of North America as one of its “Vendors of the Year”. The award is given annually at the…
by - April 3, 2013 1:12 pm
Wal-Mart Stores Inc. is the master of low prices and broad assortment merchandising, but efficiently re-stocking more than 100,000 products for each of its 4,000 or so supercenters is an…
by - April 3, 2013 12:27 am
• Acosta Sales & Marketing acquired three foodservice companies Acosta Sales & Marketing announced the acquisition of three foodservice companies: Wolff Group, Basic Sales & Marketing and Progressive Marketing. The…
by - March 29, 2013 1:18 pm
• Publix sets its eye on North Carolina Wal-Mart Stores Inc. will soon have a new grocery competitor in North Carolina as Florida-based Publix broke ground this week for its…
by - March 27, 2013 8:41 pm
• Pinnacle Foods IPO priced Pinnacle Foods Group, a grocery giant in terms of its iconic brands, went public on Wednesday evening (March 27). Private equity owner Blackstone Group issued…
by - March 26, 2013 4:27 pm
The standard and rate of success is a continuously moving target, according to Matt Kistler, senior vice president of dry grocery for Wal-Mart Stores Inc. Kistler addressed several hundred business…
by - March 25, 2013 1:31 pm
Wal-Mart’s renewed focus on smaller store formats is seen as a downward risk for Dollar General in the coming year, according to some industry analysts. On Monday, (March 25) Dollar…
by - March 22, 2013 6:26 pm
• Pepsi debuts a new bottle design Pepsi unveils a new shape for its 20-ounce bottle scheduled for release next month. The new design includes a more contoured bottom half…
by - March 21, 2013 11:17 am
• Li & Fung misses profit target Global supply chain manager Li & Fung said on Thursday (March 21) that operating profits fell way short of company projections but it…
by - March 20, 2013 10:24 pm
Hispanic or Latino shoppers across the United States wield more than $1.2 trillion of buying power annually with projections of $1.5 trillion by 2015, according to Nielsen. It comes as…
by - March 20, 2013 10:59 am
Based on a study of 10,000 U.S consumers, Sam's Club and Amazon earned the top spots in the retail sector of the 2013 Temkin Experience Ratings. The annual Temkin Experience…
by - March 19, 2013 4:08 pm
Wal-Mart Canada braces for a retail showdown with U.S. competitor Target Stores who is flexing its growth muscle opening 21 new stores within the next week across Southwestern Ontario. Target…
by - March 17, 2013 2:51 pm
• Walmex expands online presence Walmex recently announced its plans to launch the online site, Walmart.com.mx, in response to the quickly growing e-commerce market in Mexico. Walmart already operates the…
by - March 13, 2013 7:35 pm
Getting a product on Wal-Mart’s shelves is an accomplishment for sure, but it’s not just getting there that counts. That product also has to sell and be replenished efficiently or…
by - March 8, 2013 12:18 am
Maxie Carpenter never dreamed he would lead one of Northwest Arkansas’ most prolific nonprofit organizations when he waived goodbye to a near 30-year career at Wal-Mart. Carpenter, the director of…