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March 30, 2015

TOP STORY

Fred's hires retail veteran Pugh

Bryan Pugh

Former Walgreen Co. executive Bryan Pugh has been named chief merchandising and marketing officer at Fred's Inc.

The discount general merchandise chain said late Wednesday that Pugh will develop new merchandising and marketing strategies and processes as well as enhance current ones.

 

 

RETAIL NEWS BREAKS

Q4 profit rises 21% at Dollarama

Dollarama Inc., Canada’s largest operator of dollar stores, said on Wednesday that profits rose 21% to $100 million in the fourth quarter as same-store sales jumped 8.5%, up from the 1.1% increase a year earlier.

Heinz and Kraft announce merger

H.J. Heinz Co. and Kraft Foods Group Inc. said on Wednesday that they are merging to create the world's fifth-largest food and beverage supplier, with annual revenue of $28 billion.

Walmart launches “Women Owned” logo

Walmart on Wednesday began featuring products from women-owned businesses with a logo on in-store packaging and on the company’s website.

CVS Health promotes five executives

CVS Health has made a series of promotions, led by the appointment of Josh Flum as executive vice president of pharmacy services.

Rite Aid opens first newly built store in five years

Rite Aid Corp., in another sign of its financial turnaround, has opened its first newly built store since 2010.

Rite Aid records strong sales for month and fiscal year

Rite Aid Corp. kept up its same-store sales momentum in February and reported increased sales for the fourth quarter and fiscal year, the latter finishing in line with the company\'s forecast.

Target's growth plan includes $2 billion in cost cuts

Target Corp. has unveiled a turnaround plan based on streamlining its headquarters operations to cut costs, boosting its information technology and supply chain investments, and adjusting its merchandise mix to strengthen its relationship with its most loyal consumers.

More Retail News Breaks >>

SUPPLIER NEWS BREAKS

Emerson Group makes leadership changes

The Emerson Group has announced a series of executive appointments, including the hiring of a chief operating officer and an expanded role for president Rick Wellinger.

American Greetings encourages gratitude

American Greetings Corp. has introduced ThankList, a campaign to get people to express gratitude to the people who have made a difference in their lives — and in the process become more civil and "help make the world a more thoughtful and caring place."

E.&J. Gallo acquires J Vineyards & Winery

E.&J. Gallo Winery, the nation’s largest wine producer, says it has purchased J Vineyards & Winery, a supplier of premium sparkling wines headquartered in Healdsburg, in Sonoma County’s Russian River Valley.

Mederma ads focus on user experiences

Mederma has launched a new advertising campaign that focuses on the experiences of real users of the scar care brand’s products.

Sunstar adds new childrfen's toothbrushes

Sunstar Americas Inc. has added three new lines of children’s toothbrushes featuring characters from Saban’s Power Rangers, Lalaloopsy and DreamWorks Animation’s How to Train Your Dragon 2.

Zarbee's introduces supplements for babies

Zarbee’s Naturals has introduced a range of baby vitamins and supplements for infants and toddlers.

NO-AD brand moves into skin care category

Sun & Skin Care Research LLC (SSCR), maker of the NO-AD Sun Care line, is expanding into the skin care category with a collection of antiaging body moisturizing lotions.

More Supplier News Breaks >>
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