BENTONVILLE, Ark. — Walmart said Thursday that it is expanding and rebranding its advertising business, which is now called Walmart Connect. The retailer says it offers brands a unique platform, allowing them to reach the retailer’s 150 million weekly customers via its stores, digital properties and across the internet. Formerly known as Walmart Media Group,
RANDOLPH, N.J. — LaRose Industries, which does business as Cra-Z-Art, said Thursday that it has acquired Mattel’s arts, crafts and stationery businesses. The deal includes the popular RoseArt and Rose Moon brands and the rights to produce and sell all associated products including premium USA Gold and USA Titanium pencils, and Scribble Stuff that will anchor the new writing
WASHINGTON – Just over half (52%) of U.S. adults plan to celebrate Valentine’s Day this year, spending a total of $21.8 billion, according to the annual survey released Thursday by the National Retail Federation and Prosper Insights & Analytics. “There is no question the pandemic has disrupted many aspects of Americans’ daily interactions and activities,”
NEW YORK – Maesa, a global beauty brand incubator supplying leading retailers and beauty companies operating worldwide, said Thursday that Gianni Pieraccioni will join the company as chief executive officer, effective February 1. Maesa’s founder and current CEO Julien Saada will transition to a role as chairman of the board and chief strategy officer. Gianni
ARLINGTON, Va. — Gen Z accounts for almost a quarter of the U.S. population and represents a growing share of the workforce. A new report released Thursday by FMI—The Food Industry Association and Saint Joseph’s University explores ways the food industry can attract and retain these workers. The report, “Workforce Attractiveness in the Food Industry:
WOONSOCKET, R.I. — The CVS Health Foundation has established a five-year, $5 million CVS Health Foundation Health Care Careers Scholarship program, in collaboration with UNCF (United Negro College Fund). Scholarships will be awarded to Black and Latinx students pursuing an academic career in health care. The new scholarship program is part of CVS Health’s nearly $600 million commitment over the
ARLINGTON, Va. – FMI – The Food Industry Association participated on Wednesday in a virtual public meeting hosted by the Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practices (ACIP) regarding the distribution and administration of the COVID-19 vaccines. FMI director of Food and Health Policy, Peter Matz, offered, in part, the following
NEW YORK — Ahold Delhaize’s GIANT Co. and Food Lion, along with such retailers as Kroger, Walgreens and Walmart, were among the retailers recognized as being among the best places to work for LGBTQ equality. They received perfect marks on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index. A record-breaking 767 major U.S. businesses
CHICAGO — New research from IRI found that small and extra-small CPG manufacturers’ and retailers’ own brands gained U.S. market share over larger players during 2020. Of the CPG industry’s $933 billion of total U.S. sales in measured channels in 2020, large manufacturers collectively lost 1.3 share points, or $12.1 billion in sales, to smaller players due to
BENTONVILLE, Ark. — Walmart is adding small local fulfillment centers to more stores as it seeks to fill pickup and delivery orders faster and more efficiently. “Our customers love the speed and convenience of pickup and delivery, and we’re committed to finding faster ways to serve them, which is why we’re scaling the number of
PURCHASE, N.Y. — PepsiCo Inc. and Beyond Meat Inc. have agreed to form The PLANeT Partnership LLC (TPP), a joint venture to develop, produce and market snack and beverage products made from plant-based protein. The joint venture will leverage Beyond Meat’s leading technology in plant-based protein development and PepsiCo’s marketing and commercial capabilities to create
MINNEAPOLIS — Target Corp. is launching an assortment of home and lifestyle items with Levis Strauss & Co. that will be the apparel company’s first Home partnership. The Levi’s for Target limited-edition Home collection builds on the decade-long partnership between the two companies, which began with the introduction of the value brand, DENIZEN from Levi’s,