Capgemini

St. Petersburg, Fla. – A surprisingly small number of consumers makes or breaks new CPG products. According to a study from personalized digital media company Catalina, less than 1% of consumers drive the vast majority of volume for most new CPG products.

Houston – Francesca’s Holdings Corp. is looking for someone to run its merchandising operation. Sei Jin Alt, chief merchandising officer of Francesca’s, will be resigning from the company to spend more time with her family and pursue other interests.

Francesca’s has initiated a search for a new chief merchandising officer. To facilitate a smooth transition, Alt will remain in her current role until Nov. 20, 2015.
 

Specialty retailer Francesca's is losing its head merchant.

CMO Sei Jin Alt is resigning to spend more time with her family and pursue other interests, the company said. The company has initiated a search for a new Chief Merchandising Officer. To facilitate a smooth transition, Alt will remain in her current role until Nov. 20.

Former Walgreens president and CEO Greg Wasson became the chain drug industry’s first executive to receive the Grocery Manufacturers Association’s highest honor.

Concord, Calif. -- It’s changing of the guard time at the 157-store BevMo!.

BevMo! announced that Dimitri Haloulos has been appointed CEO, effective Sept. 1. Haloulos, who joined Albertsons Safeway in 2011 and most recently served as senior VP of Own Brands, has spent his career in the consumer packaged goods (CPG) and retail space as an executive in sales, marketing and research across a number of global brands

Retail intelligence provider ChannelIQ helps brands cope with e-commerce complexity and it just bolstered its ability to do so with a key hire from the consumer packaged goods world.

Bentonville, Ark. – Wal-Mart Stores Inc. is reportedly making sure its suppliers understand expectations for labeling of products.

According to the Wall Street Journal, the retailer recently sent a memo to hundreds of suppliers, including major CPG firms such as Kraft Heinz Co. and Nestle, reminding them that the amount of an item inside a package must match the amount stated on the outside label.

Free flowing venture capital dollars in the digital age have made business incubators and accelerators commonplace, but until now the retail and consumer packaged goods industry didn’t have one it could call its own.