Coty Inc. has acquired a 51% stake in Kylie Jenner’s beauty brands, Kylie Cosmetics and Kylie Skin for $600 million. According to the companies, the deal will result in a long-term strategic partnership that aims to develop Jenner’s existing beauty business into a global powerhouse brand.
Leading retail industry trade association Global Market Development Center (GMDC)|Retail Tomorrow, in partnership with global strategy and management consulting firm A.T. Kearney, has released the results of its first annual 2019 Selfcare Benchmarking Study.
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) announced that its affiliate Boots International has signed an agreement to form a store development partnership with PT Mitra Adiperkasa Tbk (MAP), a leading lifestyle retailer in Indonesia.
Acosta has compiled their top 20 CPG predictions for 2020, including higher demand for pet products, integration of the in-store and online shopping experience and non-traditional channel growth.
Walmart has promoted Kathryn McLay to lead Sam’s Club as the division’s new president and chief executive officer. McLay succeeds John Furner, who was elevated last month to the role of president and CEO of Walmart’s U.S. division.
Walmart on Thursday reported that its third-quarter revenue rose 2.5% to $128 billion on strong sales at its U.S. stores and websites. U.S. comparable sales increased 3.2%, extending a four-year streak of quarterly gains. U.S.
Abbott announced that Miles White will be stepping down as chief executive officer on March 31, 2020, after a remarkable 21-year tenure, the second longest for a non-founder in today’s S&P 100. He will remain executive chairman of the board.
RONKONKOMA – Piping Rock Health Products has been honored as one of the Top Long Island Workplaces by Newsday for the second year in a row. Top Workplaces is a list generated by a third party survey administered by Energage.
According to published reports, KKR & Co. has formally approached Walgreens Boots Alliance about a deal to take the company private, in what could be the biggest-ever leveraged buyout.
Although 57% of consumers say their financial health is good, fears of a recession are driving slightly less consumer confidence in Q3 2019, according to the latest IRI Consumer Connect Survey results released today.
According to various published reports, Walgreens Boots Alliance is exploring going private in what could mark the largest leveraged buyout in history. One of the firms looking at a deal is KKR. KKR has a history with the retailer.
CVS Health turned in another impressive showing in the third quarter of 2019, as both adjusted earnings and revenues exceeded analysts’ estimates. Based on the solid performance, the company raised its full-year guidance on adjusted earnings.
Global retailing remains a paradox.
Consumers say they will spend an average of $1,047.83 this holiday season, up 4% from the $1,007.24 they said they would spend last year, according to the annual survey released Thursday by the National Retail Federation and Prosper Insights & Analytics.
Perrigo Pediatrics — a pediatrician-support program by U.S. infant formula maker Perrigo — and Wakefield Research, released findings Wednesday from a nationwide survey of 500 U.S. pediatricians that explored top concerns and perceptions around safe infant formula feeding practices.
UPS announced on Tuesday its latest drone logistics partnership with wholesale pharmaceutical distributor AmerisourceBergen.
