More than a dozen executives in Walmart’s merchandising organization, including several with key healthcare responsibilities, will begin the new fiscal year with different responsibilities following a restructuring.
In addition to an extensive structural makeover, dubbed the "Growth Game Plan", Newell Rubbermaid president and CEO Mike Polk announced a new leadership team that includes outside appointments to several executive positions.
While Supervalu has completed its overhaul of its value proposition across its Jewel-Osco banner, the grocer will be analyzing the impact before replicating the price repositioning across its entire chain.
The journey to a complete turnaround begins with the first step. Supervalu's restructuring, refocusing and revitalizing the executive team may have been the first step, but it's been quickly followed by the second — culling out underperforming stores and re-investing those saved dollars into a refocused and revitalized business.
As rising costs eat into margins, personal care marketers are reducing marketing expenditures, integrating their supply chain and consolidating distribution for improved efficiency, according to findings of recent research from Kline & Co.
Procter & Gamble’s former chairman and CEO John Smale — who was instrumental in creating a new vision for P&G to be a truly global company focused on providing an even broader range of innovative products to the world’s consumers — died on Nov. 19. He was 84.