News

WASHINGTON — In an effort to assure customers that private-label products are meeting the proper nutrition criteria, Walmart is implementing a transparent initiative called "Great For You," an icon that calls out healthy foods sold in Walmart stores, Walmart announced on Tuesday in Washington, D.C.

There has been a lot of chatter in our industry circles — really, everywhere — about the recent big announcement from J.C. Penney CEO Ron Johnson regarding the iconic brand’s plans for the future. Anyone who’s visited a J.C. Penney lately — present company included — can see the brand needs to make some changes. They’ve been losing traction to competitors like Target and Kohl’s in recent years, and, in my opinion, have had some trouble defining themselves in a fairly crowded and competitive segment. Similar to the issues facing Sears, J.C.

New York City -- Fresh & Easy Neighborhood Market is testing a mobile self-scanning device at its store in Burbank, Calif., according to a report on Fresh & Easy Buzz, an independent blog that follows the chain.

The scanning system, from Motorola, features a hand-held scanner device, which customers carry with them as they shop the store, the report said. Shoppers then scan the product codes on the items they purchase as they shop. The system allows shoppers to keep real time track of their purchases as they shop.
 

ST. LOUIS — Ralcorp Holdings officially has turned its Post Foods cereal business into a tax-free spinoff to Ralcorp shareholders.

The deal, which was announced in July 2011, allows Ralcorp shareholders to hold shares of two stand-alone, publicly traded companies: Ralcorp and Post Foods. Now its own separate business, Ralcorp said it will produce private-label foods in the United States and also become a major producer of foodservice products.

New York -- The NPD Group, Port Washington, N.Y., has signed an agreement with Wal-Mart Stores to receive and analyze its U.S. point-of-sale data.

 Under the terms of the agreement, NPD will receive sales data from Walmart U.S. stores and the retailer’s Web site. The deal covers a broad range of general merchandise categories, but does not include beauty. 

BENTONVILLE, Ark. — In honor of American Heart Month, Sam's Club  will be hosting free heart health screenings on Feb. 11 at all locations with a pharmacy.

The company annnounced that from 11 a.m. to 3 p.m., members and guests can receive total cholesterol, HDL, glucose, body mass index and blood-pressure tests for. During the screenings, Sam's Club pharmacies also will offer free samples of related items, the company said.

PHILADELPHIA — Urban Outfitters Inc. has appointed a former executive as CEO of its namesake brand. The company named Tedford Marlow as head of the Urban Outfitters Group, effective Feb. 6. Marlow had retired from the chain in 2010, after spending nine years as president of the Urban Outfitters brand.

The announcement came almost a month after Richard Hayne, the company's chairman and president, succeeded CEO Glen Senk, who resigned. Hayne co-founded the company in 1970.

Wayne, N.J. — Toys“R”Us has promoted two executives in its U.S. merchandising division. Richard Barry has been named SVP, chief merchandising officer for Toys"R"Us, U.S., and Lisa Harnisch has been appointed SVP general merchandising manager for toys, overseeing the merchandising function for the core toy, seasonal and learning product categories.