News

Cargill has been helping Unilever reduce its environmental impact, improve sustainability and grow its business through innovation. This work has resulted in Unilever selecting Cargill as its first-ever "Visionary" award winner during its fourth Partner to Win Supplier Summit.

Omnichannel investments are driving solid top line growth at Pier 1 Imports but having the opposite effect on profits as the company transitions to an integrated digital business model.

Research Triangle Park, N.C. -- Forty-one percent of online retailers plan to offer free shipping and returns as a strategy to increase holiday sales this year, according to a new survey by Channel Advisors, and free shipping also ranked as the most successful service feature for generating a higher level of customer satisfaction. The Multichannel E-Commerce Study also reveals that 86% of surveyed retailers expect to increase their year-over-year online holiday sales in 2014.

Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, has promoted Kenneth S. Frieze to the role of CEO.

Frieze has more than 20 years of leadership experience in restructuring, consulting, brand redevelopment, appraisal and asset disposition. He has held various roles at the firm since 2003, serving most recently as president. Prior roles included leading the firm's brand, appraisal and business development efforts.

Canada’s leading food and drug retailer Loblaw Companies is highly regarded for its private label prowess and now its President’s Choice brand is the focus of the most ambitious marketing initiative ever.

Family Dollar is staying focused on making a difference in communities where it operates even as it remains the target of takeover battle between Dollar General and Dollar Tree.

The company has made a $458,000 donation to Feeding America, the nation’s leading domestic hunger relief charity. The amount includes donations from Family Dollar and customers at more than 8,200 Family Dollar stores during the retailer’s ‘Feeding Families, Fueling Hope’ campaign. The donation translates to more than 4.5 million meals for children and families in need.

New York -- Costco Wholesale Corp will stop accepting American Express cards at its stores in Canada, effective January 1, 2015.

“The credit card relationship between American Express and Costco Wholesale Canada will not be renewed when it expires on Dec. 31,” the company stated in an e-mail to Canadian customers.

Costco’s U.S. locations will continue to accept American Express Cards, with the exception of TrueEarnings and American Express Platinum Cash Rebate cards issued in Canada, the chain said.

Solid same store sales growth at Rite Aid caused second quarter profits to surge but looming pressure on pharmacy margins prompted the company to reduce its full year outlook.