Content about Economy of the United States

April 24, 2014

As announced in February, The Coca-Cola Company’s board has today elected Kathy N. Waller as EVP and CFO. Waller is replacing Gary Fayard who is retiring after 20 years with the company.

April 24, 2014

A Walmart initiative begun a year ago to offer an online assortment of products from small women-owned businesses has expanded to the retailer’s stores.

April 24, 2014

Former Walmart CEO Lee Scott and Audit Committee chairman Christopher Williams leave some big shoes to fill when they step down from the retailer’s board in June.

April 24, 2014

Former Supervalu and Canadian Tire executive Wayne Sales was named to the board of directors at Toys “R” Us to fill a position vacated by Michael Calbert.

April 23, 2014

As news surfaced about Netflix increasing its prices to new members (and to existing members in a year or two), Amazon was signing a content licensing agreement with HBO, making Prime Instant Video the exclusive online-only subscription home for select HBO programming.

April 23, 2014

Procter & Gamble’s third-quarter results met expectations, and the company says that it remains on track to deliver top- and bottom-line growth objectives for the fiscal year.

April 22, 2014

Tuesday Morning Corporation has appointed former Home Depot executive Melissa Phillips as EVP and general merchandise manager. Phillips will report directly to CEO Michael Rouleau.

April 21, 2014

Umang Shah was named global director for social media and digital marketing at Campbell’s after serving in a similar capacity at Walmart for the past two years.

April 21, 2014

American Express added Walmart’s U.S. network of 4,100 stores as locations where customers can participate in the card issuers prepaid Serve offering.

April 18, 2014

Tractor Supply this week promoted Lee Downing to EVP, store operations. In conjunction with his promotion, Downing will assume added leadership responsibilities for the company's real estate team.

April 17, 2014

William Blair & Company analyst Mark Miller has followed Walmart for a long time, but he didn’t have much good to say about the company when he issued a downgrade this week.

April 17, 2014

Barnes & Noble chairman Leonard Riggio has sold a portion of his holdings of company stock.

April 17, 2014

Rob Price, SVP marketing and advertising and chief marketing officer for CVS/pharmacy, has left the company to take a new role, the retailer said in a statement sent to sister publication Drug Store News.

April 17, 2014

A $1 million donation from Walmart CEO Doug McMillion and his wife Shelley to the University of Arkansas will help kick start the creation of a new School of Global Retail Operations and Innovation.

April 17, 2014

Target is expanding its online subscription service with a nearly tenfold increase in available items — from 200 to more than 1,500 — and adding a 5% discount on all subscription orders.

April 17, 2014

Urban Outfitters has named Trish Donnelly as president of Urban Outfitters brand, North America reporting directly to Ted Marlow, CEO, Urban Outfitters Group, effective July 14.

April 17, 2014

A new low cost money wiring service from Walmart saves customers money and showcases the thought process the company applies to disrupt high margin businesses and generate store traffic.

April 16, 2014

The 2014 spring Goodwill Sale, a cause-marketing partnership between The Bon-Ton Stores and Goodwill Industries International, collected more than 2.5 million pounds of clothing and textiles to benefit Goodwill's job training and employment services.

April 15, 2014

Pacific World Cosmetics has tapped Neutrogena executive Jim Colleran to serve as its new CEO. Colleran will lead all efforts for the corporation’s multiple beauty and health brands, which include SensatioNail, Nailene, Trim, Dr. G’s and Fing’rs.

April 15, 2014

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

April 14, 2014

Levi Strauss & Co. has named former Walmart executive Marc Rosen as EVP and president of global e-commerce, effective May 5. Rosen will report to president and CEO Chip Bergh.

April 14, 2014

To help customers save water and grow its sales in the process Home Depot will execute a massive customer education initiative later this month.

April 11, 2014

Guy Hayward was named CEO of Massmart to fill a position currently held by Grant Pattison, the executive who engineered the sale of a majority stake of the South African retailer to Walmart.

April 11, 2014

Walmart president and CEO Doug McMillon today issued a statement congratulating Sylvia Mathews Burwell on her nomination as Secretary of Health and Human Services.

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