MINNEAPOLIS — Target Corp. today reported revenue rose 5% to $17.6 billion in the first quarter of fiscal 2019 as it brought more customers into to its stores. Once there, shoppers spent more than in the previous quarter, the company said. Same-store sales increased 4.8% while comparable digital sales surged 42%. Online sales represented 7.1%
NEW YORK — Only 2% of dermatologists say they believe their patients take sun protection very seriously, according to a recent survey conducted by CeraVe. To help them take better care of their skin without the tradeoffs, CeraVe said it has launched its Hydrating Sunscreen, a mineral sunscreen formulated with broad-spectrum sun protection and three essential
BATTLE CREEK, Mich. — Kellogg Co. has reached an agreement to sell selected cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cone businesses to the Ferrero Group and its related companies. The cash transaction is valued at $1.3 billion (or €1.16 billion, at current exchange rates), and includes brands and assets primarily related to
NEW YORK — CVS Health, the Centers for Disease Control and Prevention, and Bayer Consumer Health + BrightGuard were the big winners Tuesday evening at the Consumer Healthcare Products Association (CHPA) Educational Foundation at the Plaza Hotel in Manhattan. The CHPA’s annual gala celebrates the foundation’s mission of happier, healthier lives through responsible self-care and
RONKONKOMA, N.Y. —Piping Rock Health Products, manufacturer of Nature’s Truth vitamins and supplements and top-selling aromatherapy products, has been voted one of Long Island’s top workplaces. Research company Energage recently conducted a workplace survey with over 100 Long Island companies, of all sizes, to determine which were the best places to work. The survey consisted of
RONKONKOMA, N.Y. – Nature’s Bounty Co. announced that Don Kerrigan has joined the company as president, North America. In this role, he will lead the company’s marketing, sales, and e-commerce strategies across key markets and channels, generating transformational brand growth across the North American business. Kerrigan is a CPG industry veteran with more than 25
WILMINGTON, N.C. — Dollar General kicked off the grand opening of its 15,000 store in Wilmington, North Carolina, by hosting a community celebration and donating $15,000 to five local schools to support literacy and education initiatives. “Opening our 15,000 store is a major milestone for Dollar General,” said Todd Vasos, Dollar General’s chief executive officer and
WASHINGTON — States can collect sales tax from online sellers even if those companies don’t have a physical presence in the state, the Supreme Court ruled on Thursday in a case with far-reaching implications for online commerce. “The physical presence rule has long been criticized as giving out-of-state sellers an advantage,” the court said in
CINCINNATI — Kroger Co. posted a $2 billion profit in its first quarter, largely on a windfall from the sale of its convenience stores. On the operations side of the business, online sales jumped 66% as overall sales rose 3.4% to $37.5 billion. Comparable-store sales increased 1.4% in the period ended May 26. Kroger raised
AMITYVILLE, N.Y. — Sundial Brands has named Kimberly Evans Paige to the newly-created position of chief operating and brand-building officer. She will report to founder, chief executive officer and executive chairman Richelieu Dennis. She will work with Dennis and the executive team on the company’s strategic direction and will help develop a plan for continued growth,
CINCINNATI — Answering Amazon.com’s encroachment on the retail food business, Kroger Co. has inked a deal with online British supermarket Ocado to accelerate the American grocer’s e-commerce offering. The alliance will mark the U.S. debut of the technology underpinnings of the Ocado Smart Platform, which includes online ordering, automated fulfillment and home delivery capabilities. As
COLORADO SPRINGS, Colo. — Industry veteran Tom Duffy has been named vice president of member development at the Global Market Development Center (GMDC). He will focus primarily on expanding the association’s reach within the retail and consumer product industry in order to create the best global network of those in the health, beauty, wellness and general