July 29, 2015
David Taylor, Procter & Gamble Co.’s group president of global beauty, grooming and health care, has been chosen to succeed A.G. Lafley as the company’s president and chief executive officer on November 1, at which point Lafley will become executive chairman.
Since joining P&G in 1980, Taylor is credited with helping build many of the consumer packaged goods supplier’s core businesses, including baby care, family care, hair care and home care. Before taking on his current post, Taylor ran the family care and home care businesses, both of which generated consistent double-digit profit gains and mid-single-digit sales increases during his tenure.
Supervalu Inc. said Tuesday that it is considering a spin-off of its Save-A-Lot discount grocery chain into a separate, publicly traded company.
The National Retail Federation (NRF) lowered its retail sales forecast for 2015, citing unexpectedly slow growth in the first half of the year, similar to the industry’s experience in 2014.
Walmart opened a new fulfillment center here that is dedicated to filling online orders. The 1.2 million-square-foot facility is part of a next-generation network devoted to supporting the company’s rapidly growing e-commerce business.
Chester "Chip" Davis has been named president and chief executive officer of the Generic Pharmaceutical Association (GPhA), taking over from Ralph Neas, who is stepping down.
Stop & Shop Supermarket Co. LLC and Acme Markets have agreed to buy stores from A&P, which earlier today announced it was filing for Chapter 11 bankruptcy protection and plans to sell off stores.
A&P has filed for bankruptcy, the second time in five years that it has sought Chapter 11 protection.
Jeff Berkowitz, executive vice president at Walgreens Boots Alliance and president of Pharma and Global Market Access, has left the company.
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Mars Chocolate North America has released a new TV ad titled "Eating in Bed" that takes a humorous look at a married couple's argument over eating M&M'S candies in the bedroom.
Teva Pharmaceutical Industries Ltd. plans to buy Allergan’s generic drug business for about $40.5 billion and, with the deal, has withdrawn its proposal to acquire Mylan N.V. for approximately $40 billion.
Jeff Rogers has been appointed as president of the Physicians Formula Group at Markwins International Corp.
Nestlé has opened a new Nestlé Research and Development Center here, marking the end of a $50 million, two-year project to establish a global center “dedicated to transforming the way the world enjoys frozen and chilled foods,” the company stated.
E.&J. Gallo Winery has agreed to purchase the Asti Winery, one of Sonoma County’s oldest and largest wineries.
Ingrid Jackel is joining natural beauty care manufacturer Yes To Inc. as chief executive officer.
Pfizer Consumer Healthcare has rolled out Caltrate Bone & Joint Health, described as a triple-action supplement to promote bone health.
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