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Kline report looks at new beauty retail trends

Kline report looks at new beauty retail trends

Faced with the ever-increasing consumer demand for engaging experiences, the beauty retailing landscape is forced to undergo revolutionary changes. Retailers and beauty brands are adapting to these changes by offering new compelling shopping experiences and utilizing technology online and offline.

Rite Aid reports fiscal 2019 first quarter results

Rite Aid reports fiscal 2019 first quarter results

Ahead of the August 9 shareholders vote on the proposed merger with Albertsons, Rite Aid Corp. reported operating results for its first fiscal quarter ended June 2, 2018. For the first quarter, the company reported net loss from continuing operations of $41.7 million, or $0.

Kroger beats earnings as online sales soar

Kroger beats earnings as online sales soar

Kroger Co. posted a $2 billion profit in its first quarter, largely on a windfall from the sale of its convenience stores. On the operations side of the business, online sales jumped 66% as overall sales rose 3.4% to $37.5 billion. Comparable-store sales increased 1.4% in the period ended May 26.

Rite Aid stockholders to vote on merger August 9

Rite Aid stockholders to vote on merger August 9

Rite Aid Corporation has established a meeting date of August 9, for a special meeting of stockholders of record as of June 22, 2018 to, among other things, consider and vote on a proposal to approve the previously announced Agreement and Plan of Merger, dated as of February 18, 2018, with Albertson

Michael Boivin appointed new CFO of CDMA

Michael Boivin appointed new CFO of CDMA

The Chain Drug Marketing Association (CDMA) announced that Michael Boivin has been hired as the new chief financial officer. Boivin has also accepted the invitation to sit on the CDMA board of directors as treasurer.

Mars Wrigley Confectionery appoints new global president

Mars Wrigley Confectionery appoints new global president

Mars, Inc. has named Andrew Clarke, currently chief marketing and customer officer, to the role of global president – Mars Wrigley Confectionery. Clarke will assume his new role in September. He will be based at Mars Wrigley Confectionery’s global headquarters in Chicago, Ill.

Kellogg makes senior executive changes in North America, Europe

Kellogg Co. announced two leadership changes to help drive the company’s growth strategy in the North American and European regions. Chris Hood, currently president, Kellogg Europe, has been named president, Kellogg North America reporting to chairman and chief executive officer Steve Cahillane.