Top Stories
Wal-Mart Builds for Long Term - The mood was definitely celebratory this month at Wal-Mart Stores Inc.’s annual shareholders meeting, which featured several big-name entertainers. - Read
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Ackman Slate Rejected by Target Shareholders - Ending what is expected to be remembered as one of the most contentious proxy battles in corporate history, shareholders of Target Corp. last month turned back activist hedge fund manager William Ackman’s effort to install five nominees on the retailer’s board of directors. - Read
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Three GMMs Are Named By Walgreens - Walgreen Co. has added three new executives to its purchasing team. - Read
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CPG Industry Bands Together - Leading food and nonfood consumer goods retailers and manufacturers have created a global trade organization with combined sales of $2.9 trillion. - Read
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McDonald to Become P&G CEO - Procter & Gamble Co. (P&G) will focus on developing markets for growth, according to new company chief Robert McDonald. - Read
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FMI, GMDC Synchronize Shows - Supermarket shoppers make decisions affecting their health and wellness throughout a store: in the produce department, in the over-the-counter drugs and beauty care aisles, and at the pharmacy. - Read Article >
Mass Market a Myth? -A new study convincingly shows that consumer packaged goods (CPG) brands actually rely on far smaller consumer segments for the vast bulk of their sales than traditionally. In effect, it concludes, market fragmentation is so advanced that the mass market is essentially a myth. - Read Article >
Opinion
Target Withstands Challenge - Abundant reasons existed for Target shareholders to have dismissed the frivolous attempt by a disgruntled investor to stock the discounter’s board with members sympathetic to the investor’s ideas as to how one of the nation’s premier retailers should be run. - Read Article >
Wal-Mart Not Happy Unless It’s Advancing - “If a company as powerful and well positioned as Bank of America was in the late 1970s can fall so far, so hard, so quickly, then any company can fall. - Read Article > |