Retail

The Hab brings new energy and excitement to one of retailing’s most staid categories: sewing machines and related accessories.
 
Click here to see how they do it.

Leading private label supplier Perrigo has acquired pet health company Velcera for $160 million.

The deal follows last fall’s acquisition of Sergeants and signals Perrigo’s intent to accelerate growth in areas beyond its traditional businesses of consumer health care, nutrition products and prescriptions. Velcera is a pet health company best known for is PetArmor brand of flea and tick products that are widely available at retailers nationwide, much to the chagrin of veterinarians. PetArmor’s had sales of $60 million last year.

WASHINGTON — The National Retail Federation took aim at President Obama and Congress for not doing enough to improve the jobs situation and boost the economy.

CHICAGO — The Network of Executive Women on Friday named Donna Giordano, president of the Ralphs division of Kroger, and Monica Turner, general manager of market strategy and planning for Procter & Gamble, co-chairs of the NEW Executive Leaders Forum 2013.

Matthews, N.C. -- Harris Teeter Supermarkets Inc. reported that its fiscal first-quarter net income rose nearly 67%. The company earned $22.8 million for the quarter that ended Jan. 1, up from $13.7 million in the same quarter last year. The prior year's results included an $18 million cost to settle some pension liabilities and employee benefits in connection with the sale of its industrial thread manufacturing company.
    

BURLINGTON, N.J. — Burlington Coat Factory has joined forces with The Foundation for National Institutes of Health (FNIH) and the National Heart, Lung, and Blood Institute's (NHLBI) The Heart Truth campaign dedicated to raising awareness of heart disease among women.

Deerfield, Ill. -- Walgreens announced the promotion of Joseph Magnacca from SVP to EVP, effective Feb. 1. Magnacca also retains his title as president of daily living products and solutions.

Magnacca oversees Walgreens merchandising and inventory strategy, private brands, insights and analytics, and the New York-based Duane Reade drugstore chain, which Walgreens acquired in 2010.

LOS ANGELES — A new line of nutrition bars for dogs is on its way to Walmart.

Though the manufacturer, The All American Pet Co., did not mention the retailer by name, it did say that its three SKUs of NutraBars were on their way to "the world's largest retailer" for its first purchase order.

"We can get the retailer, but we can't write the retailer's purchase order," AAPT CEO Barry Schwartz said. "We created the bar and have the capabilities to meet the demand."