Content about Private

May 8, 2013

Foot Locker has started the ball rolling toward acquiring Runners Point Warenhandelsges, a specialty athletic store and online retailer based in Recklinghausen, Germany, for a total cash consideration of approximately $94 million.

April 4, 2013

Weis Markets announced that Gretchen Suydan has joined the company as director of marketing.

April 2, 2013

American Greetings announced that it has agreed to be taken private by a group led by some of its top executives for about $602 million.

April 2, 2013

Totsy, a leading private sale site of children's goods has named Lisa Kennedy as CEO.

March 29, 2013

Walmart and Target are targeting multi-cultural and health-conscious consumers with their private-label products directed at multicultural and health-conscious consumers.

March 4, 2013

Supervalu has named new leadership at the executive and banner retail level.

February 28, 2013

A Walmart Neighborhood Market store in Springfield, Mo., was ground zero this week as the retailer showcased efforts to make food healthier and more affordable to First Lady Michelle Obama.

February 25, 2013

The latest research from SymphonyIRI Group’s Times & Trends, “2012 CPG Year in Review: Finding the New Normal,” reveals that budget restraints are still causing consumers to remain frugal in 2013, despite signs of economic recovery.

February 21, 2013

WOONSOCKET, R.I. — CVS/pharmacy is making some changes to its Gold Emblem food product line, including enhanced ingredients and new flavors, the retail pharmacy chain said Thursday.

The line has been revamped with more options and a new look. Gold Emblem includes more than 250 products, such as nuts, trail mixes, chips, pretzels, dried candies, cookies, spices, juices, condiments, baking products and breakfast bars. CVS introduced it in 1995, making it one of the first private-label food lines created by a major drug store chain.

February 19, 2013

Capital One Financial Corp.has reached an agreement to sell the portfolio of Best Buy private label and co-branded credit card accounts, with current loan balances of approximately $7 billion, to Citi.

February 14, 2013

Harris Teeter on Wednesday confirmed an earlier Wall Street Journal report that the grocer was in the process of exploring strategic options.

February 13, 2013

GE Capital Retail Bank, a consumer lending unit of General Electric Company (GE), has renewed its private label credit card program with JCPenney.

February 11, 2013

Though a 2% increase in payroll tax may seem insignificant for middle- and upper-income families, it can cause a major change in shopping behavior for lower-income families, a new study has found.

February 1, 2013

Leading private label supplier Perrigo has acquired pet health company Velcera for $160 million.

January 17, 2013

Walmart U.S. president and CEO Bill Simon isn’t running for elected office, but he sure sounded like a politician earlier this week as he laid out a three-tiered plan the retail industry can implement to restore U.S. economic growth.

January 10, 2013

Rockbridge Growth Equity has acquired Triad Retail Media, a 300 person digital retail media agency founded by former Procter & Gamble executive Greg Murtagh.

January 10, 2013

"[The year] 2012 was definitely an important year for Walgreens," Greg Wasson, Walgreens president and CEO, told shareholders here, at the Navy Pier, Wednesday afternoon, at the chain's annual shareholder meeting.

January 10, 2013

Walmart has committed $670,000 to help fund a first-of-its-kind program in its home state known as the Arkansas Payment Improvement Initiative (APII).

January 9, 2013

Totsy, a leading private sale site aimed at parents, has grown its membership to five million and will expand its daily deal offerings with its acquisition of Mamasource, a leading daily deal site for moms.

January 7, 2013

The breakup of Supervalu to private equity firm Cerberus Capital Management could be announced as soon as Thursday when Supervalu shares third-quarter results with analysts, according to a report in the Wall Street Journal published Friday.

January 2, 2013

Have an event relevant to the retail and CPG industry you would like to add? Send an email to Mtroy@LF.com. 

JANUARY

January 8-11: Consumer Electronics Association International CES show in Las Vegas. Visit www.cesweb.org.

January 13-16. The National Retail Federation’s Annual Convention & Expo in New York. Visit www.nrf.com/annual13

December 19, 2012

Warburg Pincus has acquired a majority ownership stake in Crossmark, a leading provider of sales and marketing services to retailers and suppliers.

December 17, 2012

Boston-based private equity firm Berkshire Partners named Staples president and COO Mike Miles to the role of advisory director.

December 14, 2012

Broder Bros., a leading distributor of trade, private label and retail apparel brands and merchandise, has appointed Norman Hullinger as its new CEO.

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