NEW YORK — Ralph Hoagland III, a serial entrepreneur who was one of the founders of CVS, died Friday. He was 86. Hoagland died from complications due to posterior cortical atrophy, a dementia-related disease, CVS confirmed in a statement. “All of us at CVS were saddened to learn of the passing of the company’s co-founder,
NEW YORK — Fairway Market said Thursday that it had filed for Chapter 11 bankruptcy protection, and planned to sell off its stores. The company said it had entered into a stalking horse asset purchase agreement to sell up to five of its New York City Fairway stores, as well as its distribution center, to
CHICAGO — Kearney, the global consulting partnership formerly known as A.T. Kearney, announced earlier this month an all-encompassing rebrand. As part of a comprehensive review of Kearney’s existing brand and value proposition, the firm reached out to clients, firm partners, colleagues, and alumni for their perspectives on what they find distinctive and valuable in Kearney people,
ENGLEWOOD CLIFFS, N.J. — Unilever and Sundial Brands have launched a new line of textured hair care products for Gen Z multicultural women. Available exclusively at Target, the new Emerge line is billed as having been designed for today’s “next generation naturalistas” who want to explore different hairstyles and lifestyles. “Gen Z women want to
BENTONVILLE, Ark. — David Glass, who served as Walmart president and CEO from 1988 to 2000 and owned the Kansas City Royals before selling the franchise last fall, has passed away at age 84. Glass died January 9 from complications associated with pneumonia, according to the Glass family, which is organizing a public “Celebration of
CINCINNATI — Kroger Co. is promoting two executives to new divisional leadership posts following the announced departure of Central Division president Pam Matthews. Colleen Juergensen — currently president of the Dillons division — will succeed Matthews as president of the Central division. Steve Dreher—currently vice president of the Dillons division — will take take Juergensen’s
ARLINGTON, Va. – The former Food Marketing Institute on Tuesday officially rebranded itself as FMI – The Food Industry Association. The change reflects a strategy to “more broadly represent the food marketplace and embrace a more interconnected supply chain, the trade association said. “FMI provides the most productive forum for connecting and holding constructive dialogue
BENTONVILLE, Ark. — Walmart said on Friday that chief merchant Steve Bratspies is leaving the company. Bratspies has been the company’s chief merchandising officer for more than four years, a key role that oversees product selection and pricing in its U.S. stores, according to the company. He will be replaced by Scott McCall, another company
SOLON, Ohio – ECRM has transformed its brand identity with an updated, modernized logo that signals a new era for the company. The company says that since it was founded in 1994, it has been helping buyers and sellers achieve success. ECRM adds that it has evolved with the marketplace, enhancing its business and processes
MINNEAPOLIS — Target Corp. has long been known for its unmatched marketing prowess, displayed through campaigns that are perhaps the most creative, distinctive and effective in all of retail. That reputation was achieved and maintained by a succession of fabled marketing executives, beginning with John Pellegrene and continuing with Michael Francis and Jeff Jones. Rick
SAN BERNARDINO, Calif. – Stater Bros. Markets has named Jerrold Williams as senior vice president of human resources. In this role, Williams will report directly to Stater Bros. president Greg McNiff and will oversee Stater Bros.’ administration division, which includes the company’s human resources, labor relations, Equal Employment Opportunity compliance, insurance administration, and workers’ compensation
NEW YORK — Procter & Gamble Co. is planning to acquire Billie Inc., a growing female body care company committed to serving women’s beauty and grooming needs. Billie is a subscription-based, direct-to-consumer brand focused on providing women with quality shaving supplies and premium body care products. Their current product portfolio includes razors, shaving cream, body