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LEADING HEADLINES

Sobeys names Castonguay head merchant

Sobeys names Castonguay head merchant

STELLARTON, Nova Scotia — Veteran Home Depot executive Lyne Castonguay has been named chief merchandising officer at Sobeys Inc. She will oversee all aspects of Sobeys go-to-market strategy, with responsibility for category management, marketing, data insights, research, procurement, private label and merchandising as well as

Sanofi, Boehringer agree to $25 billion asset swap

Sanofi, Boehringer agree to $25 billion asset swap

PARIS — Sanofi has agreed to a 22.8 billion euro ($25.1 billion) asset swap with Germany’s Boehringer Ingelheim GmbH that will boost the French drug manufacturer’s business in selling over-the-counter drugs. The two companies reached a definitive agreement late Monday after announcing exclusive negotiations in

ECRM sold to investment firm Snow Phipps

ECRM sold to investment firm Snow Phipps

NEW YORK — ECRM has been sold by BV Investment Partners to private equity firm Snow Phipps Group. Financial terms of the agreement, announced Thursday, weren’t disclosed. BV Investment Partners had acquired ECRM in July 2013, at which time Greg Farrar joined ECRM as chief

Retailers say overtime rule will hurt workers

Retailers say overtime rule will hurt workers

WASHINGTON – New federal overtime regulations scheduled to go into effect on December 1 will hurt the very workers they are meant to help, the National Retail Federation told the House Small Business Committee on Thursday. “Proponents of this rule have touted the changes as

Valerie Jabbar named president of Ralphs grocery chain

Valerie Jabbar named president of Ralphs grocery chain

CINCINNATI — Kroger Co. announced Tuesday that it has promoted Valerie Jabbar to Ralphs division president. She will assume the post effective July 23, which is when current Ralphs president Donna Giordano will retire from the company after 44 years of service. Jabbar currently serves as

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RETAIL NEWS

Safeway, Bartell Drugs to open in new retail center

SNOQUALMIE, Wash. — Albertsons Cos.’ Safeway and Bartell Drugs will anchor a new retail center here. The chains anticipate their stores will open next summer at Ridge Plaza. The Safeway store’s exterior, designed by Fuller Sears architects, will reflect the aesthetic theme of Snoqualmie Ridge.

Hannaford ‘learning lab’ bows

BEDFORD, N.H. — Hannaford Supermarkets has debuted a concept store here with added amenities. The replacement outlet features ready-to-eat meals that can be taken out or eaten in the store, as well as fruits and vegetables cut to order. There are also more than 230

FMI recognizes Brown, Murphy with awards

CHICAGO – The Food Marketing Institute recognized two supermarket industry leaders with awards at the FMI Connect event here. Stater Bros. Markets executive chairman Jack Brown received FMI’s  2016 Glen P. Woodard Jr. award for public affairs, and Price Chopper Supermarkets/Market 32 manager of consumer

CVS steps up rollout of better-for-you foods

WOONSOCKET, R.I. — CVS Pharmacy is ramping up its offering of healthier foods and beverages at more than 2,900 stores nationwide. CVS said Tuesday that this year it will roll out “a carefully curated selection of national and niche better-for-you brands” at 100 stores each

MinuteClinics open in Dallas-Ft. Worth Target stores

WOONSOCKET, R.I. — CVS MinuteClinic has opened eight new locations inside Target stores in the Dallas-Fort Worth metropolitan area. Parent company CVS Health said Tuesday that the new MinuteClinics are located in Allen, Denton, Flower Mound, Frisco (in two Target stores), Hurst, Plano and Watauga,

SUPPLIER NEWS

Kellogg to open cereal cafe in Times Square

NEW YORK — Kellogg Co. on Monday will debut Kellogg’s NYC, its first-ever permanent cafe, in Times Square. The cafe will feature dishes combining Kellogg’s cereals with distinctive ingredients. Kellogg’s NYC is designed to remind patrons of home and drive new curiosity around cereal. The

Paris Presents CEO named Entrepreneur Of The Year

GURNEE, Ill. —  Patrick O’Brien, chief executive officer of Paris Presents Inc., has been named as an EY Entrepreneur Of The Year. The beauty care company said Friday that O’Brien won the EY Entrepreneur Of The Year 2016 Award in the retail and consumer packaged

Revlon to buy Elizabeth Arden for $870 million

NEW YORK — Revlon Inc. is acquiring Elizabeth Arden Inc. in a deal valued at approximately $870 million. Revlon said that under the agreement, announced late Thursday, it will acquire all of the outstanding shares of Elizabeth Arden for $14 per share in cash, ,

Wrigley expands production in U.S.

CHICAGO – Wrigley, a subsidiary of Mars Inc., has opened a state-of-the-art addition to its Yorkville, Ill., factory. The Yorkville expansion is the result of a $50 million investment by Mars that adds 145,000 square feet, a new Skittles line and 75 new jobs –

L’Oreal USA names Risch chief retail officer

NEW YORK — L’Oreal USA on Tuesday announced the appointment of Marc-Alexandre Risch to the newly created position of chief retail officer. Risch will be tasked with supporting the company with his retail operations leadership and knowledge.  Other responsibilities include developing back-office retail operations solutions, systems

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