Content about Supplier News

December 19, 2014

Walmart is turning to the head of its Latin American business to take over as CEO of Walmart de Mexico.

Walmart is turning to the head of its Latin American business to take over as CEO of Walmart de Mexico.

Enrique Ostale, who is chairman of the board of the retailer's Latin American business, will take over as Mexico chief executive on Jan. 1. The position will oversee Walmart's operations in Mexico and Central America.

December 18, 2014

Kraft Foods Group Inc. says that CEO Tony Vernon plans to retire later this month, and the company has named Chairman John Cahill as his successor. 

Kraft Foods Group Inc. says that CEO Tony Vernon plans to retire later this month, and the company has named Chairman John Cahill as his successor.

Vernon will retire on Dec. 27, the last day of the company's fiscal year. He will stay on as a senior adviser through March 31 and as a director until the company's next annual meeting in 2015.

December 18, 2014

Walmart is instituting new rules on poultry safety as the company looks to protect customers from foodborne illness. 

Walmart is instituting new rules on poultry safety as the company looks to protect customers from foodborne illness.

Walmart’s enhanced poultry safety measures will require poultry suppliers to achieve prevention-based certification by one of the Global Food Safety Initiative's recognized standards. Walmart said poultry suppliers must implement "holistic controls" from farm to fork; the controls must significantly reduce potential contamination levels, including chicken parts.

December 17, 2014

Consumers who love chocolate may have been waiting for the day someone unveiled a chocolate 3-D printer. 

Well, thanks to Hershey Co., that day has come. 

Consumers who love chocolate may have been waiting for the day someone unveiled a chocolate 3-D printer. Well, thanks to Hershey Co., that day has come.

The company has announced the debut of its 3-D Chocolate Candy Printing exhibit at Hershey’s Chocolate World in Hershey, Pa. Consumers who visit the store will have the opportunity to interact with Hershey scientists and the breakthrough technology.

December 17, 2014

A fresh round of unionization efforts appear to be in store for major retailers next spring after organized labor won a favorable ruling regarding how elections are conducted. 

A fresh round of unionization efforts appear to be in store for major retailers next spring after organized labor won a favorable ruling regarding how elections are conducted.

December 16, 2014

Walmart said the Pennsylvania Supreme Court has ordered it to pay about $151 million to settle a class-action lawsuit filed by employees who claim their meal and rest breaks were cut. 

Walmart said the Pennsylvania Supreme Court has ordered it to pay about $151 million to settle a class-action lawsuit filed by employees who claim their meal and rest breaks were cut.

Walmart said the ruling, which it may appeal, would reduce its fourth-quarter earnings from continuing operations by about 6 cents per share.

The suit, filed in March 2002, represented about 187,000 Wal-Mart employees who worked in Pennsylvania between 1998 and 2006.

December 15, 2014

After announcing new partnerships with HGTV and Lowe’s, as well as three consecutive quarters of record growth, Sherwin-Williams is celebrating another milestone. 

After announcing new partnerships with HGTV and Lowe’s, as well as three consecutive quarters of record growth, Sherwin-Williams is celebrating another milestone.

The company announced it is opening its 4,000th store in Sewickley, Pa.

December 12, 2014

Former Procter & Gamble group president Jorge Mesquita has been hired by Johnson & Johnson as worldwide chairman of its consumer companies. 

Former Procter & Gamble group president Jorge Mesquita has been hired by Johnson & Johnson as worldwide chairman of its consumer companies. 

Mesquita, 53, will serve on the corporation’s management committee, lead the consumer group operating committee and report to Sandi Peterson, group worldwide chairman.

December 12, 2014

Chief Information Security Officers (CISO) have become more common on companies’ senior leadership teams. They might be in even higher demand after the highly publicized data breaches at Target, Home Depot, Neiman Marcus and other companies in the past couple of years (see a timeline of data breaches in the past decade here). In fact, Neiman Marcus just hired its first CISO, Sarah Hendrickson. 

Chief Information Security Officers (CISO) have become more common on companies’ senior leadership teams. They might be in even higher demand after the highly publicized data breaches at Target, Home Depot, Neiman Marcus and other companies in the past couple of years (see a timeline of data breaches in the past decade here). In fact, Neiman Marcus just hired its first CISO, Sarah Hendrickson.

December 12, 2014

On the heels of announcing a new partnership with Lowe's and HGTV, Sherwin-Williams Co. is predicting healthy sales growth for this year and next year.

On the heels of announcing a new partnership with Lowe's and HGTV, Sherwin-Williams Co. is predicting healthy sales growth for this year and next year. For the full year 2014, the company expects consolidated net sales to increase approximately 9% compared with full year 2013.

December 11, 2014

Wet Seal may file for bankruptcy protection if it fails to immediately resolve its liquidity issues, the company said.

Wet Seal may file for bankruptcy protection if it fails to immediately resolve its liquidity issues, the company said.

December 10, 2014

SC Johnson chief talks transparency SC Johnson CEO Fisk Johnson said his company wants to “lay it all out there” when it comes to transparency and greater disclosure in the consumer goods industry. 

SC Johnson chief talks transparency SC Johnson CEO Fisk Johnson said his company wants to “lay it all out there” when it comes to transparency and greater disclosure in the consumer goods industry.

Speaking at the 2014 Consumer Specialty Products Association (CSPA) annual meeting, Johnson discussed the critical need for the industry to build trust so families can feel comfortable with and believe in the products they bring home. He also said the industry should be clear and fact-based in environmental discussions, and advocate for better regulation.

December 8, 2014

Retailers looking to grow their physical store presence have an ally in Simon Property Group, as the retail real estate leader is poised to expand its portfolio of Premium Outlets properties by adding 6.4 million square feet and a total investment of $2.5 billion. 

Retailers looking to grow their physical store presence have an ally in Simon Property Group, as the retail real estate leader is poised to expand its portfolio of Premium Outlets properties by adding 6.4 million square feet and a total investment of $2.5 billion.

December 7, 2014

Easy access to an expanded offering of online inventory is the premise behind Staples Exchange, a marketplace-like concept that allows suppliers to leverage Staples’ online presence.

Easy access to an expanded offering of online inventory is the premise behind Staples Exchange, a marketplace-like concept that allows suppliers to leverage Staples’ online presence.

Staples doesn’t call its new Staples Exchange a marketplace – the term used by Amazon to describe the massive aggregation of third party sellers on its site – but rather and a world-class platform that makes it easy for suppliers to offer products to Staples customers.

December 5, 2014

A former Walmart and Sears financial executive and a former Federal Reserve bank executive are the newest members of the board at gift card and financial services provider Blackhawk Network Holdings.

A former Walmart and Sears financial executive and a former Federal Reserve bank executive are the newest members of the board at gift card and financial services provider Blackhawk Network Holdings.

Blackhawk announced on Dec. 5 that Jane J. Thompson and Richard H. Bard were elected to its board of directors effective Oct. 6.

December 5, 2014

Genesco detailed succession plans for its CFO on a day that the company also reported weaker-than-expected earnings for the fiscal third quarter and lowered its outlook for the full year.

Genesco detailed succession plans for its CFO on a day that the company also reported weaker-than-expected earnings for the fiscal third quarter and lowered its outlook for the full year.

December 5, 2014

Meijer is responding to a need from food pantries for nutrition education resources by publishing a cookbook that features recipes using ingredients frequently found in food pantries. 

Meijer is responding to a need from food pantries for nutrition education resources by publishing a cookbook that features recipes using ingredients frequently found in food pantries.

The retailer has distributed English and Spanish versions of Simply Cook to its food bank and pantry partners across the Midwest. During the holiday season, food banks see a tremendous increase in demand of free meals per day.

December 4, 2014

An increase in selling, general & administrative (SG&A) expenses helped increase net loss at New York & Company Inc. to $9.7 million in the third quarter of fiscal 2014, up from $3.4 million a year earlier. 

An increase in selling, general & administrative (SG&A) expenses helped increase net loss at New York & Company Inc. to $9.7 million in the third quarter of fiscal 2014, up from $3.4 million a year earlier.

Net sales declined 3% to $210.6 million from $217.3 million, and same-store sales dropped 3.4%. New York & Co. cited soft performance in its wear-to-work category and the impact of product delays resulting from West Coast port labor issues as negatively impacting sales.

December 4, 2014

Wawa will become the first national retailer in the convenience retail channel to offer Coca-Cola Freestyle soda fountains chain-wide. 

Wawa will become the first national retailer in the convenience retail channel to offer Coca-Cola Freestyle soda fountains chain-wide.

The Coca-Cola Freestyle machine is a touchscreen soda fountain that features over 100 different Coca-Cola drink products and custom flavors.

December 2, 2014

Home Depot has agreed to buy the hardware business unit of HD Supply Holdings Inc., the industrial distributor that was once part of the home-improvement retailer and has since been a longtime partner. 

Home Depot has agreed to buy the hardware business unit of HD Supply Holdings Inc., the industrial distributor that was once part of the home-improvement retailer and has since been a longtime partner.

"Our companies have had a long-standing relationship," said Craig Menear, CEO and presiden of Home Depot. "By formally bringing the business into the Home Depot family, we expect to further enhance our supply chain capabilities and hardware product offerings."

November 25, 2014

Wine with screw top lids was bad enough for purists, now retailers are filling their shelves with wine-based products package in cans.

Wine with screw top lids was bad enough for purists, now retailers are filling their shelves with wine-based products package in cans.

November 24, 2014

Joe Arcuri, vice president and general manager of Procter & Gamble's North American beauty business, has been hired as president of home solutions for Newell Rubbermaid. He'll start the new job on Dec. 1.  

Joe Arcuri, vice president and general manager of Procter & Gamble's North American beauty business, has been hired as president of home solutions for Newell Rubbermaid. He'll start the new job on Dec. 1.  

"Joe brings an incredible set of global leadership experiences, a consistent pattern of excellent results and immense personal potential to the company as we continue the drive to make Newell Rubbermaid a larger, faster growing, more profitable, more global company," said Michael Polk, CEO of Newell Rubbermaid.  

November 24, 2014

Black Friday is known for great deals, but a new study shows that consumers may want to add one more item to their holiday shopping carts.  

Black Friday is known for great deals, but a new study shows that consumers may want to add one more item to their holiday shopping carts.  

Product protection plan leader Asurion recently surveyed consumers and nearly one-third of the items they purchased last Black Friday broke in less than a year. In addition, almost half (45%) of those surveyed plan to replace at least one damaged, lost or stolen item this Black Friday.  

November 24, 2014

Walmart has appointed Tom Horton, former chairman and CEO of American Airlines, as the 16th member of its board of directors. Horton will also serve on the audit committee.  

Walmart has appointed Tom Horton, former chairman and CEO of American Airlines, as the 16th member of its board of directors. Horton will also serve on the audit committee.  

November 21, 2014

Walmart is fulfilling its promise earlier this year to make a big investment in solar energy: The retailer has accepted bids from SunEdison and SolarCity to install as many as 400 new solar systems on its facilities over the next four years.  

Walmart is fulfilling its promise earlier this year to make a big investment in solar energy: The retailer has accepted bids from SunEdison and SolarCity to install as many as 400 new solar systems on its facilities over the next four years.