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  • Global momentum boosts Colgate’s Q2 results

    NEW YORK — Colgate-Palmolive saw a boost in second-quarter net sales as its global market share in toothpaste and manual toothbrushes hit record highs year-to-date.

    Net sales for the quarter totaled $4.35 billion, up 2% compared with the year-ago period. 

    Net income, which included charges related to its restructuring program, totaled $561 million, or 60 cents per diluted share, for the quarter. This compares with net income of $627 million, or 65 cents per diluted share, in the year-ago period.

  • Dunkin’ Donuts to enter Southern California; signs agreements for 45 locations

    Canton, Mass. -- Dunkin’ Donuts announced  that it has signed its first Southern California multi-unit store development agreements,  with four franchise groups for a total commitment of 45 locations. 

    The first restaurants are expected to open in 2015 in Orange and Los Angeles counties. Some non-traditional Dunkin' Donuts locations may open over the next several months. 

  • Amazon.com sales increase and so does loss

    Increased fulfillment costs and other expense pressures caused Amazon.com to report a second quarter loss of $7 million even though sales increased 22% to $15.7 billion.

    The company said its sales would have increased 25% were it not for a $392 million headwind related to unfavorable foreign exchange rates. The net loss of $7 million, or two cents a share, was a reversal from the same period the prior year when a profit of $7 million, or one cent a share, was reported.

  • MBH Architects names new principals

    Alameda, Calif. -- MBH Architects has appointed Klas Eklof and Oliver Mellows as principals for the 170-person firm.

    Eklof and Mellows, each both employees of MBH for more than a decade, are looking forward to expanding their leadership roles during a time of exciting growth with increasing portfolios and branded projects, expanding opportunities for the firm.

    MBH specializes in retail, residential, hospitality, mixed-use, workspace, and healthcare architecture and design. Their portfolio includes many well-known global clients and projects. 

  • Nickelodeon expands CMO’s role

    NEW YORK — Nickelodeon has promoted Pamela Kaufman to the expanded role of CMO and president of the company’s consumer products. She will report to Cyma Zarghami, president of Nickelodeon Group.  

    In her new role, Kaufman will oversee Nickelodeon's domestic consumer products business, encompassing merchandising and licensing for properties which include SpongeBob SquarePants, Teenage Mutant Ninja Turtles and Dora the Explorer.

  • Report: Barneys to retire Co-op nameplate

    New York -- Barneys New York is getting rid of it Co-op brand moniker.

    In a Women's Wear Daily report, the upscale retailer said it will convert and rebrand its existing Co-op stores as Barneys. All the existing Co-op stores will be remerchandised and remodeled, the report said. The Co-op concept was developed as a lower-priced, entry-level brand for younger shoppers.

     

  • Lumber Liquidators grows Q2 income, sales

    Toano, Va. – Lumber Liquidators reported impressive gains in net income and sales during the second quarter of fiscal 2013. Net income rose almost 68% to $20.4 million from $12.2 million in the second quarter of the previous year, while net sales grew 22% to $257.1 million from $210.3 million.

    Same-store sales increased 14.9%, driven by a 9.1% increase in the number of customers invoiced and a 5.4% increase in the average sale.  

  • Hormel Foods shuffles leadership

    AUSTIN, Minn. — Hormel Foods Corporation has announced the advancement of Thomas R. Day, group VP, foodservice, to group VP, refrigerated foods.

    As a result of the move, Deanna T. Brady, VP of sales, foodservice, will advance to group VP, foodservice, and Mark J. Ourada, foodservice regional sales manager, will advance to VP of sales, foodservice. These advancements will become effective Oct. 28.

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