April 24, 2014
Supervalu Inc. swung to a profit in its fiscal fourth quarter as the grocery chain operator continued to show improved financial results following a restructuring.
"Fiscal 2014 was an important transition year for Supervalu, as we stabilized the organization and set the foundation for our future," president and CEO Sam Duncan said in a statement.
Walmart announced a new domestic money-transfer service that will compete directly with Western Union Co.
Rob Price, chief marketing officer for CVS/pharmacy, has left the company, a CVS Caremark Corp. spokesman has confirmed.
Kroger Co. today promoted Timothy Massa to the role of group vice president of human resources and labor relations.
Jewel-Osco has named Scott Hays as vice president of operations. He will be responsible for overseeing the ongoing remodeling of the company’s Chicago-area grocery stores and the opening of five locations recently acquired from the Dominick’s chain.
Ahold USA has named Amy Hahn to the newly created position of senior vice president of marketing, effective April 28.
Canadian dollar-store operator Dollarama Inc. has named Johanne Choinière as chief operating officer, effective May 12.
With new data this week showing its share of the U.K. market shrinking to a 10-year low of 29%, Tesco PLC is set to report earnings that show its turnaround effort remains a work in progress.
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Cetaphil is launching its first fully integrated consumer marketing campaign, dubbed "Gentle Power."
In a major, three-part transaction, GlaxoSmithKline PLC is selling its oncology business to Novartis AG for $14.5 billion, Novartis is buying GSK's vaccine business for $5.25 billion and the two companies are combining their consumer health care businesses in a joint venture.
Maybelline New York has named British fashion model Jourdan Dunn as a new spokesmodel.
Kimberly-Clark's Poise brand has rolled out Poise Microliners, which the company describes as the thinnest liners in the light incontinence category.
KISS and Broadway Nails offered fashion-forward nail art manicures and lashes late last week at the Secret Room Events Gifting Lounge before the 2014 MTV Movie Awards.
Chattem Inc. has teamed up with basketball hall of famer and coach Nancy Lieberman to to introduce Nasacort Allergy 24HR Nasal Spray, billed as a new, more effective over-the-counter allergy medication.
Maxwell House is refreshing its brand with a new look, new items and a new media campaign.
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