Channel Insights - Newsletter

02/21/2014 - 14:41

The Coca-Cola Company is preparing to make changes to its board. Former ambassador Donald F. McHenry and Swedish businessman Jacob Wallenberg will not stand for re-election to the board at the company’s annual meeting of shareowners in April.

02/21/2014 - 12:52

Jack Link’s plans to purchase Unilever’s meat snacks business, primarily sold under the BiFi brand (Germany, Benelux, Austria and Switzerland) and the Peperami brand (UK and Ireland). The sale is expected to close by the end of March.

02/21/2014 - 12:42

Sam's Club has named David Badeen as VP health care. Badeen will be responsible for pharmacy, OTC, optical and hearing centers, as well as third party contracting and pricing. In this new role, he will report directly to Jill Turner-Mitchael, SVP health and wellness.

02/20/2014 - 19:05

Rapid expansion of Nordstrom Rack stores and strong sales at the off price division enabled the department store retailer to exceed its fourth quarter profit forecast.

02/20/2014 - 18:29

One of the bright spots in Walmart’s otherwise dismal fourth quarter was an online business that grew 30% to $10 billion and is forecast to exceed $13 billion this year.

02/20/2014 - 18:05

Hasbro is getting ready to host the 2014 National School Scrabble Tournament, which will be held from April 26-27 at the company’s new Providence, R.I., facility, One Hasbro Place. Scrabble enthusiasts, in fourth through eighth grades, are invited to compete for the $10,000 top prize.

02/20/2014 - 15:56

Walmart shareholders have gotten spoiled by some hefty dividend increases in recent years, but that won’t be the case in 2014 when the annual payout rises a meager 2%.

02/20/2014 - 15:29

Never one to let an opportunity to bash Walmart go to waste, United Food and Commercial Workers International Union (UFCW) associate director Robin Williams did just then when she was named to the NAACP board.

02/20/2014 - 14:58

Gap contends its decision to increase the hourly rate it pays workers wasn’t political, but it sure looked otherwise given the timing of the move against the backdrop of the intensifying national debate over the minimum wage.

02/20/2014 - 13:23

Severe weather in the fourth quarter did not prevent Conn’s from reaching its sales objectives, but increases in wholesale television prices affected electronics sales.