News

Efforts to make food healthier and healthy food more affordable took center stage last week in Washington, D.C. when Walmart unveiled its new “Great For You,” packaging icon. This week in Orlando food safety took center stage at the Consumer Goods Forum’s annual Global Food Safety Conference where Frank Yiannas, VP food safety at Walmart and co-vice chair of the conference weighed in on collaboration, food safety at a cross roads and Tiramisu.

Here we go again. Every so often the media gets a hint that Wal-Mart Stores is looking to expand into Russia and the speculation begins. The latest report from Reuters claims that the retailer still sees opportunity in the country as it looks to possibly by the X5 chain. X5, however, is denying reports that it is in talks with Walmart. Whether a purchase in Russia will happen anytime soon remains to be seen, but anything regarding the biggest retailer and one of the biggest markets will continue to garner attention.

Ahead of Walmart's fourth-quarter sales and earnings report on Feb. 21, analysts have high expectations for the company. Reuters reported that nalysts on average expect to see the company's best U.S. sales performance in more than two years, and anticipate that Walmart's store traffic will improve.

To see more about what Reuters had to say, click here.

At Westfield San Francisco Centre, shoppers have the opportunity to win a $1,000 shopping spree, while Westfield has the chance to gain valuable marketing access.

Westfield mall patrons are invited to text “spree” and their email address in order to be entered into a drawing for a $1,000 shopping spree. The text also opts them in to receive ongoing alerts and up to four messages per month from Westfield.

Opt-out is easy, requiring only a “stop” text to a designated number.

EDISON, N.J. — Bestselling author and daytime host Rachael Ray has launched a new line of seasoning grinders.

Rachael Ray Seasoning Grinders are available in 10 varieties in generous-sized bottles, ranging from single ingredients such as Pink Himalyan Salt to blends of nine to 12 spices, including Rockin’ Rainbow Peppercorn Blend, 24/7 Seasoning (everyday/all-purpose), Spice-it-Up Chili Seasoning, Buon Appetito Italian Seasoning, Bump Up Your Burger Seasoning, Seafood Seasoning, and Perfect Poultry Seasoning. 

New Albany, Ohio -- Margin squeezes and flagging same-store sales hurt Abercrombie & Fitch Co.’s fourth quarter profit dropped nearly 80% drop, to $19.6 million from $92.6 million a year earlier, amid margin squeezes and flat same-store sales.

Wilsonart International, a maker of laminate flooring, countertops and sinks, has named Kristen Manos as its new president. She replaces Bill Gaetano, who announced his retirement late last year. DiGaetano has been president of Wilsonart since 2005 and is a 33-year veteran of the Temple, Texas, company. 

BOCA RATON, Fla. — Office Depot is hoping to appeal to working women with a new desk accessories line. The See Jane Work line includes mix-and-match organizational products starting at just $3.99.