Source: Supermarket News
CPG companies should buck recessionary tactics like divesting non-core brands, conserving cash and cutting costs, and focus on innovation to encourage household spending and grow revenue, advises “Forging Ahead in the New Economy,” …

Source: Ad Age
There’s a legend circulating around Bentonville: Walmart Chairman Lee Scott enters a Friday morning senior-management meeting with two bags of groceries from Harps, the Arkansas retail chain that has somehow survived the dominance …

Source: Brandweek.com
As marketers pursue a population that relies increasingly on mobile communication, they’re hoping people will welcome sales pitches that catch them on the fly. Polling by Harris Interactive for 1020 Placecast (a company specializing …

Source: Bloomberg
U.S. retailers’ sales are growing at the fastest pace in four years, a sign consumers may be overcoming concern about unemployment and depressed home values.
Sales probably expanded at an average monthly rate of 4 …

Source: The Associated Press
Wal-Mart says its Chief Merchandising Officer John Fleming is leaving the company, effective Aug. 1.
The world’s largest retailer says he will be replaced on an interim basis by two executives. Jack Sinclair, …

Source: SupermarketNews.com
Target said it would open its first store in New York City’s Manhattan borough on July 25.  The store, to be located in the East River Plaza in the East Harlem area — near …

Source: Brand Week
Maybe they’re flattering themselves, but lots of Americans believe they’ve become more adept as consumers during the past couple of years. However, an AdweekMedia/Harris Poll finds they are less inclined to believe that …

Source: Fox Business
Led again by increases in prices for meat and dairy products, the overall cost of items in the FOX Business shopping cart rose sharply in May — the seventh time the food basket …