Several months after acquiring Supervalu, Cerberus Capital Management is reportedly interested in about a half-dozen grocery chains for potential bids, including Harris Teeter, according to a Wall Street Journal article.
Unilever, through Advantage Sales and Marketing, a consumer packaged goods sales and marketing agency, has announced that it will invest $70 million incrementally over the next three years to expand its retail coverage, with a significant portion of the incremental investment going toward training military veterans employed by ASM to provide services for the Unilever network.
Empowered Products Inc. announced Kroger has placed its first batch of orders for Empowered Products' Pink line of personal lubricants for five of Kroger's distribution centers across the United States.
Jobs data from the Department of Labor released Friday show that among the 165,000 jobs added overall were 29,000 in the retail sector, results that industry trade group the National Retail Federation heralded as possibly boding well for the economy in the future.
While the numbers themselves speak volumes, it's important to consider some of the factors behind them that explain why the sector has thrived.
Safeway announced that Robert Edwards, currently the company's president, will succeed Steven Burd as CEO when Burd retires as chairman and CEO on May 14. Edwards, 57, will also join the company's board of directors.
Kool-Aid, a Kraft Foods brand, announced the launch of a new multimedia campaign to reintroduce the company's iconic Kool-Aid Man "spokespitcher" that will coincide with the release of a new liquid drink mix available on store shelves now.
Starbucks today at the company's annual meeting of shareholders unveiled plans to expand its My Starbucks Rewards loyalty program to reward customers who purchase Starbucks-brand products in their local grocery stores.
Unilever’s Degree deodorant has teamed up with basketball stars Carmelo Anthony and Kevin Durant, track and field world champion Lolo Jones and gold-medal-winning soccer player Alex Morgan for a new integrated unisex campaign that focuses on challenging yourself, following your passions, trying something new and living life to the fullest.