Acosta announces acquisition of Hynes marketing agency
JACKSONVILLE, Fla. Acosta Sales and Marketing Co. announced it has acquired U.S. sales and marketing agency Hynes Inc. The agency specializes in representing companies that manufacture health, beauty and general merchandise products and servicing the drug, grocery and mass channels.
Hynes, established in 1939 in Charlotte, N.C., has grown from its original format as a single-market consumer packaged goods sales and marketing agency by developing client brands and acquiring other companies. Today Hynes’ coverage spans across New England, Mid-Atlantic, Southeast, Midwest, Southwest, and Florida markets. In addition to its Charlotte headquarters, Hynes has offices in Taunton, Mass.; Tampa, Fla.; Dallas; and Washington.
Acosta is a full-service sales and marketing agency providing outsourced sales, merchandising, marketing and promotional services to manufacturers in the consumer packaged goods industry. Headquartered in Jacksonville, Fla., Acosta has operations throughout the United States and Canada.
“One of our growth strategies for 2008 is to increase our presence in the drug channel,” said Acosta president and chief operating officer Robert Hill. “This acquisition is an excellent opportunity for us to strengthen our relationship with retailers such as Rite Aid and CVS thereby increasing services to our clients.”
Terms of the transaction were not disclosed.
Report says Tesco looking at expansion in Chicago
CHICAGO Tesco is looking to roll out Fresh & Easy Neighborhood Markets in the Chicago area, according to a report in the Chicago Sun Times.
The newspaper attributed the report to a “knowledgeable source” and said Tesco could offer the Chicago area something “unique because of its strong offering of prepared foods, packaged perishables and selection of produce, meat and bakery.”
Tesco has not commented on the report and has said it plans to expand on the West Coast in 2008, opening stores in California, Nevada and Arizona. The chain opened its first store in December and plans to have up to 50 Fresh & Stores open by the end of February.
Lubin promoted to Walgreens vp and new second position
DEERFIELD, Ill. Walgreens today promoted Steven Lubin to divisional vice president and the new position of general manager of marketing for non-mainland operations. In his new role, Lubin will ensure the company’s marketing meets the needs of customers in Puerto Rico and Hawaii.
As general manager of marketing for Puerto Rico, Lubin spent the past three years living on the island. He is relocating back to the company’s Deerfield, Ill., headquarters for his new duties.
“Steve was a huge asset in Puerto Rico as we worked to better meet the unique needs of our island customers,” said Walgreens chairman and chief executive officer Jeffrey Rein. “He also was invaluable as we opened our first Hawaii store last year, quickly grasping what Hawaiian customers want in a drug store and working with a Walgreens team to buy from many local vendors. Steve’s a big part of our early, strong success in Honolulu.”
Lubin joined the company in 1970 as a stock clerk in Chicago while attending college. He managed several Chicago-area stores before moving into Walgreens’ purchasing department in 1980. He was promoted to a divisional merchandise manager in 1988 and to general manager of marketing for Puerto Rico in 2004.