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CDR

Data theft is targeted by Obama

The Obama administration is joining the push to protect Americans from identity theft and fraud. President Obama signed an executive order last month to strengthen security on federally issued credit cards and government payment systems.

Retail industry in need of more interaction

Mass market retailing, once the scene of an apparently ongoing string of meetings, conferences, exhibit shows and discussions, has morphed into an industry where such gatherings are disappointingly few and far between.

PepsiCo president slated to retire

PepsiCo Inc. president Zein Abdalla plans to step down from his post at the end of this year. Zein Abdalla In an 8-K filing with the Securities and Exchange Commission on Thursday, PepsiCo said Abdalla notified the company that he has decided to retire effective Dec. 31.

Reese’s expands lineup with snack spread

Hershey Co. has launched Reese’s Spreads, a combination of chocolate and peanut butter flavors in spreadable form. Hershey said Wednesday that Reese’s Spreads, based on the Reese’s Peanut Butter Cup, will appeal to consumers because it can be "enjoyed on any food, anytime, anywhere.

Mylan ships Loestrin 24 Fe generic

Mylan Inc. has released norethindrone acetate and ethinyl estradiol tablets (1 mg/0.02 mg) and ferrous fumarate, a birth control pill, in the United States. Mylan said Wednesday that the oral contraceptive product is a generic version of Loestrin 24 Fe from Warner Chilcott.

Spear takes helm as GMDC president

The Global Market Development Center (GMDC) has named veteran consumer packaged goods (CPG) executive Patrick Spear as president. Patrick Spear GMDC said Tuesday that Spear became president of the trade association effective Nov. 1.

Moberg expands relationship with Emerson Group

Moberg Pharma AB has tabbed Emerson Group to provide logistical services under an outsourcing arrangement. Moberg said Tuesday that under the services agreement, Emerson Healthcare, a division of Emerson Group, will provide certain logistical services and all order-to-cash functions for its U.S.

P&G settles patent litigation on tooth whitening strips

Procter & Gamble Co. has reached a multiparty settlement on patent infringement litigation involving Crest Whitestrips products. P&G said Monday that Clio USA Inc., Team Technologies Inc. and Brushpoint Innovations Inc. have agreed to settle after the U.S.

October same-store sales climb at Rite Aid

October same-store sales climb at Rite Aid

CAMP HILL, Pa. – Increased prescription business lifted Rite Aid Corp.’s same-store sales to another strong gain in October. Rite Aid said Thursday that comparable-store sales for the four weeks ended Oct. 25 rose 5.5% year over year, up from September’s increase of 5.