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.
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.
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