News

Lay's has issued a last call for votes in its "Do Us a Flavor" contest. Since July 28, consumers have been putting the four finalist flavors — Lay's Cappuccino, Lay's Cheddar Bacon Mac & Cheese, Lay's Kettle Cooked Wasabi Ginger and Lay's Wavy Mango Salsa — to a nationwide taste test.

Chosen from more than 14.4 million fan submissions gathered between January 13 and April 5, fan votes will decide which of the four finalist flavors should be named the winner and remain on store shelves after the contest ends.

As part of PepsiCo’s efforts to help drive the U.S. beverage container recycling rate to 50% by 2018, the company is now opening its K-12 school Recycle Rally program to schools across the country.

Tamarac, Fla. – 3dcart, a hosted e-commerce provider for small businesses, is launching a partnership with MasterCard for MasterPass, the MasterCard digital payment solution, into its commerce offering. The new service will reach more than 17,000 online stores within the 3dcart network of small business.

Vantiv, a leading provider of payment processing services and related technology for merchants and financial institutions, has appointed Larry Drury as its chief marketing officer. Drury will report directly to CEO Charles Drucker.

Boston – Online home furnishings retailer Wayfair Inc. launches its initial public offering (IPO) today. The online home furnishings retailer is offering 11 million shares of common stock at $29 per share, which is above Wall Street projections.

The share offering includes 10.5 million shares of Wayfair stock and 500,000 shares from selling stockholders. Wayfair will not receive any proceeds from the selling stockholder shares, meaning the company should raise about $304.5 million in the IPO.

Goodlettsville, Tenn. - Dollar General Corporation has extended its tender offer to acquire all outstanding shares of Family Dollar Stores Inc. for $80 per share, or about $9.1 billion, to Oct. 31. The offer was previously set to expire on Oct. 8. All other terms and conditions of the tender offer remain unchanged.

The step, which is largely procedural step, came as Family Dollar remained committed to its previously- agreed-upon deal with Dollar Tree for $74.50 a share.

Christopher & Banks is preparing to roll out its new missy-petite-women (MPW) store concept at 37 stores, after successfully testing the retail strategy at 20 locations across the US last year. The retailer plans to convert a total of 190 stores by the end of this year.

Boston – Drizly, a technology company powering beer, wine and liquor delivery for consumers across the U.S., has launched Drizly.com, its new e-commerce website. Drizly.com serves as an extension of the Drizly smartphone apps for iPhone and Android, which allow consumers to have beer, wine and liquor delivered in 20-40 minutes, using a network of retail delivery partners.