The Hillshire Brands Company has completed its acquisition of Van’s Natural Foods from Catterton Partners. Van’s is a leading better-for-you food brand with multiple product lines in frozen breakfast and snack foods.
Walmart’s first quarter sales were not great, but longer term success could be driven by an interesting range of pilot programs and expanding initiatives the company shared during a recap of its results.
In a case of art imitating life, Walmart stores are featuring a pallet display of paperback books featuring a fictional cowboy who competes in the real world Professional Bull Riders organization led by a former Walmart executive.
Golfer Blayne Barber will partner with C9 by Champion, Target’s exclusive line of activewear, while competing on the Web.com Tour this season. The 24-year-old Lake City, Fla., native joins a roster of 12 other athletes supported through Target’s athlete program, and is the first to represent the C9 by Champion brand.
Kohl’s joins a growing list of retailers whose first-quarter results took a hit from a severe and extended winter. Despite missing estimates, the company is staying firm on its guidance for the full fiscal year.
Walmart continues to envision flat same store sales at its U.S. stores after reporting weaker than expected profits on weak U.S. sales results that were negatively affected by a winter that wouldn’t end.