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Corporate Governance

  • Henkel taps Datalliance for expanding VMI program

    CINCINNATI, Ohio — Henkel Consumer Goods Inc., a provider of leading consumer brands such as Dial, Purex, Soft Scrub and Right Guard, plans to leverage Datalliance VMI’s platform for its expanding consumer goods Vendor Managed Inventory program.

  • Rite Aid sales gets boost in July

    Camp Hill, Pa. — Rite Aid had another month of positive sales growth in July, the retail pharmacy chain said Thursday.

    Rite Aid said same-store sales for the four-week period that ended last Saturday increased by 1.3% compared with the same period last year. The increase included a 0.7% increase in front-end same-store sales and a 1.6% increase in pharmacy same-store sales. Same-store scripts increased by 0.4%. Total sales for the month were $1.898 billion, a 0.9% increase over $1.881 billion last year.

  • eBay co. upgrades subscription program for retail clients

    NEW YORK, N.Y. — eBay Enterprise has partnered with OrderGroove so it can integrate its commerce technology with the subscription commerce solutions provider’s retail platform and offer subscription programs to its vast network of omnichannel retail clients. 

  • AT&T unveils next-generation store design

    New York -- AT&T unveiled its newest store design, at a new location in LaGrange, Ill. The store is built around the customer experience, with a goal of providing a glimpse of what the future of retail will look like. The new design will be rolled out at new and redesigned store locations across the country, and continuing into 2014. (For a video tour of the store, click here.)

  • P&G plans to build on Q4 results

    CINCINNATI — Procter & Gamble plans to remain focused on keeping existing and potential customers and shareholders happy, following its net sales for fiscal 2013 which increased 1% to $84.2 billion, including a negative two-point impact from foreign exchange. 

    Diluted net earnings per share from continuing operations were $3.86, up 24% compared with the prior year.

  • Cache names new CFO

    New York -- Cache Inc. announced that Anthony DiPippa (“Tony”) will join the company as executive VP, CFO, on Aug. 7. He succeeds Margaret Feeney (“Maggie”), who has resigned from Cache, effective Aug. 1.

    DiPippa most recently was CFO of W. B. Mason, a $1.2 billion office products and furniture company.

     

  • Former Jewel-Osco exec. heads to Ahold USA

    CARLISLE, Pa. — Ahold USA has appointed former Jewel-Osco executive Nick Bertram as its SVP store strategy and execution.

    At Jewel-Osco, Bertram oversaw operations across Illinois, Indiana and Iowa. He was also SVP of Supervalu and worked in executive positions at Walmart in Kentucky, Indiana, Ohio and Pennsylvania. His new position at Ahold USA will be based out of the company's Carlisle, Pa., headquarters. 

  • New formats chief to leave Walmart

    Less than a year after Walmart International named Lev Khasis to the role of president and CEO of new formats, the former Russian retail executive is heading back to his homeland to lead a financial institution.

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