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Week of Mon, Jan 16th, 2012

Former retail execs join new SymphonyIRI board

SymphonyIRI Group has announced a new board of directors that includes former executives from Ahold, Kroger and Walmart.

Gillette to debut styling tool, new brand ambassadors

Gillette is set to launch a precision styling tool for men with facial hair, the Fusion ProGlide Styler, and has signed musician Andre 3000 Benjamin and actors Gael Garcia Bernal and Adrien Brody as brand ambassadors.

ConAgra set to acquire Del Monte Canada

ConAgra Foods Inc. has agreed to buy Del Monte Canada Inc. from an affiliate of private equity firm Sun Capital Partners.

Kraft announces U.S. sales reorganization, job cuts

Kraft Foods Inc. plans to realign its U.S. sales organization and lay off about 1,600 employees as it readies for a spin-off of its grocery business, splitting the food manufacturing giant into two public companies.

Hershey unveils Jolly Rancher Crunch 'N Chew

Hershey Co. has expanded its Jolly Rancher candy line with Jolly Rancher Crunch 'N Chew, which the company said provides "a unique way to enjoy bold fruit flavor."