November 26, 2014
|Duncan Mac Naughton
Walmart chief merchandising officer Duncan Mac Naughton is leaving the company, according to a report in The Wall Street Journal.
The article, which cited "people familiar with the matter," gave no reason for Mac Naughton's planned departure, which was expected to be announced just days before Black Friday.
Aldi Inc. has announced that it is promoting Jason Hart to chief executive officer, effective April 1.
Frank Scorpiniti, who resigned last month as chief executive officer of Rexall Pharma Plus, is now CEO of the Earth Fare natural food grocery chain, according to his LinkedIn profile.
Dollar Tree Inc. reported on Thursday a 9.9% rise in gross profit in its third quarter on its strongest quarterly sales growth since 2011.
Family Dollar Stores Inc. on Wednesday delayed a vote by shareholders on the company’s proposed $8.5 billion merger with Dollar Tree Stores Inc. The vote is now scheduled for December 23.
Target Corp. posted third quarter earnings Wednesday that beat estimates on U.S. sales, which grew faster than expected, and showed improvement at the retailer’s Canadian stores.
Sam’s Club on Monday unveiled Black Friday savings for members buying a variety of items, either in-club or online.
Target Corp. is introducing new medical services, including primary care, to four clinics in Southern California as part of a model being tested in collaboration with Kaiser Permanente, a health care provider.
More Retail News Breaks >>
David Heist, director of industry affairs and customer relations at Bayer Consumer Care, has announced his retirement.
Veteran Energizer Holdings Inc. executive Lou Martire plans to retire next year after more than four decades at the company.
Actavis PLC is acquiring Allergan Inc. in a transaction valued at about $66 billion. The combination will create one of the top-10 global pharmaceutical companies by sales revenue, with combined annual pro forma revenues of more than $23 billion anticipated in 2015.
Veteran consumer packaged goods executive Patrick Spear has taken the reins as president of the Global Market Development Center (GMDC).
Procter & Gamble Co. (P&G) is spinning off its Duracell business, the latest brand to be jettisoned by the world’s largest consumer products business as it concentrates on its most important markets and brands.
Avanti Press Inc. is refreshing its lineup for the fourth quarter with 22 new greeting cards.
Efficient Collaborative Retail Marketing (ECRM), which is celebrating its 20th anniversary this year, has revamped its website, www.ecrm.marketgate.com, to offer a fresh look, better navigation and improved functionality.
More Supplier News Breaks >>