January 17, 2018

Judith McKenna named president and CEO of Walmart International

On Jan. 17, Walmart named current Chief Operating Officer (COO) Judith McKenna president and CEO of its international unit effective Feb. 1. The role is widely seen as a precursor to the […]

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January 17, 2018

Kohl’s to partner with grocers or convenience stores to fill vacant store space

Kohl’s’ CEO Kevin Mansell was reported telling CNBC the company plans to partner with grocery convenience retailers to lease space left by the roughly 300 stores it “right-sized” during the […]

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January 17, 2018

Nestlé sells US Confectionary business to Ferrero for $2.8 billion

In a move towards healthier products, Nestlé has agreed to sell its US confectionary business to Italy’s Ferrero for $2.8 billion in cash. The move comes after the company announced […]

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January 12, 2018

Walmart to shut stores, lay-off workers and raise minimum wage

In two separate announcements on Jan. 11, Walmart said it’s unit Sam’s Club would close 63 stores, resulting in thousands of workers losing their jobs. The decision comes after a […]

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December 15, 2017

Campbell Soups in talks to purchase Snyder-Lance

Late on Friday, stocks of Campbell Soup and Snyder’s-Lance rose after reports that Campbell Soups was in ‘advanced talks’ to buy the pretzel and potato chip manufacturer. As the US […]

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December 15, 2017

Natural Grocers announces new CFO

Natural Grocers announced the appointment of Todd Dissinger as Chief Financial Officer (CFO), effective January 1, 2018.  Dissinger will succeed Sandra Buffa who will retire effective December 31, 2017. Dissinger […]

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December 15, 2017

Hostess promotes Andrew Jacobs to Chief Operating Officer

Hostess Brands announced it has promoted Andrew (Andy) Jacobs to Executive Vice President (evp) and Chief Operating Officer. Jacobs has been the company’s evp and Chief Commercial Officer since June […]

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December 15, 2017

Supervalu completes acquisition of Associated Grocers of Florida

Supervalu completed its previously announced acquisition of Associated Grocers of Florida in a transaction valued at approximately $193 million. Associated Grocers of Florida, with its annual sales of approximately $650 […]

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November 30, 2017

Sears reports third quarter losses of $558 million

On Thursday, Sears Holdings reported a loss of $558 million in its third quarter. The company generated total revenues of approximately $3.7 billion compared to revenues of $5 billion last […]

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November 29, 2017

Mark Duffy named CEO at C&S Wholesale Grocers

On Nov. 28, C&S Wholesale Grocers announced the appointment of Mike Duffy as CEO, effective January 8, 2018. Duffy will lead C&S’s strategic development, customer satisfaction and day-to-day operations. His […]

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