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Beijing’s Retail Sales Grow 15 Percent
The Chinese government says retail sales in Beijing were up 15 percent in January compared to the same time last year.
Wella Shareholders Fight P&G Acquisition
Minority shareholders in Wella have asked a German court to investigate the management of the company’s conduct following its takeover by Procter & Gamble last year.
Trans Fatty Acids Taken Out Of Goldfish
The Pepperidge Farms division of Campbell Soup Company announced it is removing trans fatty acids from the company’s popular Goldfish brand crackers.
Ahold To Give Shareholders Greater Say
Ahold has announced a change in its corporate structure, including an overhaul of its supervisory board to give shareholders a greater say in company decisions.
Fred Meyer Stores To Become Smith’s Marketplace
Kroger has announced plans to convert five Fred Meyer locations into a new store format with full-service grocery, pharmacy and general merchandise in Utah in June. The stores will operate…
Wal-Mart To Buy Bompreco in Brazil
Wal-Mart is said to be ready to purchase the Bompreco supermarket chain in Brazil from Ahold.
Target Sales On Target For February
Target has announced that its sales are at the high end of its expectations for February.
Laura Ashley Lifestyles Exclusive For Kohl’s
Kohl’s Department Stores has announced it will be the exclusive seller of Laura Ashley Lifestyles home textiles.
Krispy Kreme’s Fourth Quarter Sales Grow
Krispy Kreme saw total sales in the fourth quarter grow 25.6 percent on increases in same-store sales and new unit openings.
Congressman Supports Big Box Ban
Rep. George Miller of Contra Costa County has given his support to a ban on so-called big box stores saying stores such as Wal-Mart carry hidden costs for taxpayers.
Mervyn’s Not Worried About Sale
Management at Mervyn’s is not publicly expressing any concerns about a Wall Street Journal report that said Target may sell or liquidate stores.
Wal-Mart’s Sales Look Good In February
Wal-Mart said its same-store sales for February are near the high end of its estimate.
Winn-Dixie Being Sued By Investors
Winn-Dixie is facing class action lawsuits by shareholders alleging the chain failed to accurately disclose its financial situation.
Nordstrom Opens New Store in Charlotte
Nordstrom is continuing on its upward swing with the opening of its first location in Charlotte in March.
New Product Sales Off At Wrigley
Wrigley saw sales of new products introduced last year fall off 17 percent.
Energizer Sues Gillette
Energizer Holdings has filed a lawsuit in federal court claiming Gillette’s Mach3, Mach3Turbo and Venus brands infringe on three Schick patents.
Irish Board Wants Red Bull Warning
The all-Ireland food safety promotion board, Safefood, is recommending Red Bull energy drink be labelled unsuitable for children under 16, for pregnant women and individuals sensitive to caffeine.
Baltimore Goes Low-Carb
Restaurants in Baltimore are adding low-carb offerings to menus to meet the growing legion of Atkins and South Beach diet followers.
Federated Opens New Furniture Galleries
Federated Department Stores plans to open more Furniture Galleries. The concept is the fastest growing in Federated’s home division.
Starbucks Losing Money In Britain
Starbucks has lost more than 50 million pounds since entering the British market six years ago.
Whole Foods Pulls Trans Fat Products
Whole Foods announced it has removed all products containing hydrogenated oil from its stores.
Nestle Purina Puts DogAge Online
Nestle Purina PetCare has introduced a free online tool for consumers, DogAge, to help them evaluate if their dog is younger or older than the average dog of the same…
Cod Liver Oil Helps Arthritis Sufferers
A scientific study says cod liver oil slows down the deterioration of cartilage in people suffering from osteoarthritis.
Smucker’s Earnings Increase
J.M. Smucker saw its quarterly earnings rise by six cents a share according to its most recent filing.
Jewelry Sales Shine
Jewelry sales have been growing as consumers look for gifts that last and have a personal connection.
McD’s Signs Yao Ming As Spokesperson
McDonald’s signed Houston Rocket center and Chinese national, Yao Ming, to a multiyear marketing deal. Yao replaces Kobe Bryant.