BEAUTY CARE

UPDATE: CCA Industries president, CEO Dunnan D. Edell dies

BY Antoinette Alexander

EAST RUTHERFORD, N.J. — CCA Industries, a manufacturer of health and beauty aids, announced on Monday the sudden death of president and CEO Dunnan D. Edell.

The board of directors has asked David Edell, the former CEO and founder of the company, who retired at the end of 2011, to accept the position of CEO at this time. 

The board also has appointed Stephen A. Heit as president in addition to his responsibilities as CFO. Heit previously served as president of AM Cosmetics, a consumer products company, and had experience calling on the same customers of CCA. 

Drew Edell has been appointed COO, and also has been appointed by the board as a director of the company until the next annual meeting of the shareholders. Dunnan Edell also was a director of the company. All of the appointments are effective immediately.

"I am very grateful that David Edell has agreed to accept the position of CEO. This is a terrible time for David and his family, and I think it is admirable that despite his overwhelming grief over the sudden loss of his son he has agreed to help the company out, always keeping in mind the best interests of the shareholders," stated Stanley Kreitman, chairman of the board.  "We also are grateful that Stephen Heit has accepted the position of president.  Steve’s previous experience will provide important continuity with our customers and employees. We have a strong core of staff that will enable CCA to continue during this difficult time.  Our thoughts and prayers are with Dunnan’s family, his father David, his brother Drew and their families."

"A long-time member of NACDS, Dunnan was actively engaged in the drug store industry. He was a well-liked and respected leader in the health and beauty care segment. Our thoughts and prayers go out to the Edell Family during this time. He will be greatly missed," said Jim Whitman, SVP, member programs and services at NACDS, in a statement sent to Drug Store News.

The funeral service will be held at 2:30 p.m. on Wednesday, Feb. 13 at Bernheim-Apter-Kreitzman Funeral Chapel at 68 Old Short Hills Road in Livingston, N.J.
 
In lieu of flowers, the family asks that contributions be made to either the North Shore Animal Shelter or the ASPCA.
 

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Former discount retail execs team up on new retail, wholesale business

BY Alaric DeArment

ST. LOUIS — A group of former executives from Save-A-Lot, Grandpa’s Stores and Deals: Nothing Over a Dollar has teamed up to create a new business venture that they said would combine wholesale, retail and e-commerce components.

The retail and e-commerce component of the business will operate under the name Here Today and will sell "deeply discounted" merchandise including consumables, electronics and small appliances, storage, health and beauty, home decor, pet products, seasonal, gifts and others. The stores will range from 15,000- to 20,000-sq.-ft. and will open in accessible, high-traffic neighborhood strip centers, starting with four stores in the St. Louis market later this year.

The group opening the new company includes Bill Shaner, who served as president and CEO of Save-A-Lot Stores from 2006 to 2011; former Grandpa’s Stores president and CEO and Deals founder and president Tom Holley; Grandpa’s, Deals and Save-A-Lot former EVP merchandising Larry Tyler; Grandpa’s, Deals and Save-A-Lot former EVP real estate development Rick Meyer; and former Grandpa’s, Deals and Save-A-Lot buyer and category expert Jeff Schneider.

"We believe that we can deliver exceptional values at a time when consumers place tremendous importance on saving both time and money," Holley said. "We’re taking the best parts of some of the other value-centric retail formats out there, blending in on-trend merchandise, pricing it to knock people’s socks off and bundling it all in a store that is truly inspiring. In doing so, we believe we will transform the category of off-price retail."

The wholesale division of the company will be called STL Global Sales and will sell discounted consumables and general merchandise across multiple categories to a network of wholesale contacts ranging from major national chains to small, independent wholesalers and retailers.


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R.SHULAR says:
Mar-07-2013 03:05 am

It's really a great news for real estate and corporate development sector as they will now focus more on identifying strategic growth opportunities.

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Sun & Skin Care Research bolsters sun care portfolio with Bull Frog acquisition

BY Antoinette Alexander

COCOA, Fla. — Sun & Skin Care Research announced on Monday that it has completed the acquisition of the Bull Frog sunscreen brand from Chattem, a division of Sanofi U.S.

"Bull Frog is an iconic brand that we believe will respond positively to our laser focus on the sun care category and our commitment to growing brands through innovation, advertising and best-in-class retail service,” stated Steve Taylor, CEO of Sun & Skin Care Research. “We are well positioned to leverage the Bull Frog market opportunity and drive the brand to a new level.”

Bull Frog was the first sun care brand to provide water resistant protection and the first mass marketed sunscreen/insect repellent line. Launched in 1985 in California, Bull Frog offered serious sun protection to surfers who spent hours in the water. The brand has since expanded beyond that core audience.

"This acquisition is consistent with our long-term strategy, which includes growing our sun care portfolio with clearly differentiated offerings as part of a broader diversification strategy," added Taylor.

Sun & Skin Care Research’s portfolio also include Ocean Potion, NO-AD and Parrot Head from Margaritaville.
 


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