Henkel Consumer Goods names new North America president
Stephan Füsti-Molnar has been appointed as president of Henkel Consumer Goods North America and as regional head of Laundry & Home Care North America.
Business
Walgreens promotes Rick Gates to SVP of pharmacy
Rick Gates has been named senior vice president of pharmacy and health care for Walgreens. Gates most recently served as group vice president of pharmacy.
Edgewell Personal Care to buy Jack Black men’s brand
Edgewell Personal Care plans to acquire Jack Black LLC, a maker of luxury men’s grooming and skin care products. Financial terms of the transaction weren’t disclosed.
Rite Aid transfers more stores to WBA
Rite Aid Corp. has transferred ownership of nearly a third of the stores sold to Walgreens Boots Alliance (WBA) under a $4.375 billion deal announced in September. Rite Aid said late Monday that WBA has taken ownership of 625 stores and related assets thus far, for which it has paid Rite Aid
WBA hires AbbVie VP to lead USA communications
Gulden Mesara-Dogan has joined Walgreens Boots Alliance (WBA) as vice president of communications USA, the division that includes the Walgreens and Duane Reade drug chains.
Sanofi to acquire Bioverativ for $11.6 billion
Sanofi plans to buy biopharmaceutical company Bioverativ Inc. in a deal valued at $11.6 billion. Waltham, Mass.-based Bioverativ specializes in therapies for hemophilia and other rare blood disorders.
Target’s Brian Cornell becomes RILA chairman
Target Corp. chairman and chief executive officer Brian Cornell has been elected as chairman of the Retail Industry Leaders Association (RILA). The association said Cornell was named RILA chairman yesterday at its board of directors’ semiannual meeting in Tucson, Ariz.
WBA hires new chief for Boots retail chain
Sebastian James is joining Walgreens Boots Alliance (WBA) as senior vice president and as president and managing director of Boots, the company’s international pharmacy, health and beauty chain based in the United Kingdom.
Shoppers step up online CPG purchases
Seeking lower prices and added convenience, more U.S. shoppers are going online to buy consumer packaged goods (CPG), according to market researcher IRI.
Kathi Lentzsch named CEO of Bartell Drugs
Retail veteran Kathi Lentzsch has joined regional pharmacy chain Bartell Drugs as chief executive officer. Lentzsch, most recently interim CEO of Gump’s, a luxury specialty store and direct-to-consumer retailer based in San Francisco, marks only the fifth chief executive in Bartell Drugs’ history.
Walmart tabs Judith McKenna to lead international business
Walmart has promoted Judith McKenna, executive vice president and chief operating officer for Walmart U.S., to president and chief executive officer of Walmart International. The retail giant said Wednesday that McKenna will assume the new role on Feb.
Pessina: Walgreens’ transformation well under way
Walgreens is halfway through a transformation that includes a rethinking of its supply chain and services, Walgreens Boots Alliance executive vice chairman and CEO Stefano Pessina said at the company’s annual shareholders meeting.
Nestlé to sell U.S. candy business to Ferrero for $2.8B
Food and beverage giant Nestlé is selling its U.S. confectionery business to Italy-based Ferrero Group for $2.8 billion (U.S.) in cash. With the acquisition the Nestlé U.S. candy business, announced Tuesday, Ferrero will become the third-largest confectionery company in the U.S. market.
Energizer to buy Spectrum Brands’ battery business for $2B
Energizer Holdings Inc. plans to acquire the global battery and portable lighting business of Spectrum Brands Holdings Inc. for $2 billion in cash.
Albertsons Cos. COO Wayne Denningham to retire
Wayne Denningham, president and chief operating officer of Albertsons Cos., plans to retire near the end of the company’s fiscal year. Wayne Denningham Albertsons also said Tuesday that it has named Susan Morris as executive vice president and chief operations officer.
Reports: Walmart to cut 1,000 headquarters jobs
Walmart plans to cut 1,000 or more jobs, mainly at its headquarters, according to published reports. The Walmart job cuts are expected to be enacted by the end of the company’s current fiscal year on Jan. 31, according to The Wall Street Journal.