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August 31, 2015

TOP STORY

Big Lots posts Q2 lift in sales and income

Big Lots Inc. announced the promotions of three executives on Friday and posted fiscal second quarter financial results that exceeded Wall Street’s expectations. The personnel moves were made to support Big Lots’ long-term strategy and enhance shareholder value, the company said.

 

 

 

RETAIL NEWS BREAKS

Second quarter net sales up 7.9% at Dollar General

Dollar General Corp. reported fiscal second quarter earnings of $282.3 million, or 95 cents per diluted share. Revenue was $5.1 billion, with increases in store traffic and transaction value, the company said on Thursday.

NACDS’ Pratt Award goes to Rite Aid’s Thompson

The National Association of Chain Drug Stores honored the achievements of several retailers at the Total Store Expo, with the Harold W. Pratt Award — pharmacy’s highest honor — going to Rite Aid executive vice president of pharmacy Robert Thompson.

Pharmacy customer satisfaction remains high

Consumers continue to give high marks to service and staff at retail pharmacies, and supermarkets are among the highest ranked, according to the J.D. Power 2015 U.S. Pharmacy Study.

Walmart makes merchandising team changes

Walmart reportedly is making changes to its merchandising teams in China and the United States.

Beauty executive Curtin to depart Walgreens

Shannon Curtin, group vice president and general merchandise manager for beauty and personal care at Walgreens, is leaving the company, a spokeswoman for the drug chain confirmed.

Target reports increased earnings in fiscal Q2

Target Corp. reported on Wednesday fiscal second-quarter earnings of $1.22 per share, up from 78 cents in the year-earlier period. Revenue rose to $17.4 billion from $17 billion the previous year.

Walgreens to eliminate 370 corporate jobs

Walgreens plans to cut 370 corporate-level jobs as part of ongoing restructuring and cost reduction efforts.

More Retail News Breaks >>

SUPPLIER NEWS BREAKS

Upsher-Smith promotes Field to president

Rusty Field, chief commercial officer at Upsher-Smith Laboratories Inc., has been appointed as president of the company.

NBTY acquires Dr. Organic skin care line

NBTY Inc., a supplier of vitamins, nutritional supplements and sports nutrition, has agreed to acquire Dr. Organic, a naturally inspired skin care line in the U.K. The deal is subject to customary closing conditions, and is expected to close later this year.

PepsiCo introduces aspartame-free Diet Pepsi

PepsiCo has unveiled aspartame-free Diet Pepsi as a new option for cola fans.

Jergens ads promote skin care “breakthrough”

Kao USA Inc. has announced a campaign promoting an addition to the Jergens Skincare brand that features actress Leslie Mann in ads that aim to get women thinking beyond their face and hair to "their oft-neglected beauty assets: the skin on their bodies."

Pampers debuts improved cruiser diapers

Procter & Gamble's Pampers brand has debuted improved Pampers Cruisers diapers with three absorbent channels in the core of the diaper designed to distribute wetness evenly and help prevent diaper sag.

Out of Africa offers mini jars of pure shea butter

Out of Africa has introduced three mini jars of 100% shea butter.

Ferndale launches Heliotop 360 Sunscreen

Ferndale Healthcare has expanded its Heliocare line to include Heliotop 360 Sunscreen.

More Supplier News Breaks >>
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