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January 6, 2011

Looking to optimize pricing and promotions, Fred's on Wednesday announced that it will implement KSS Retail's PriceStrat solution in its more than 670 stores and 300 pharmacies throughout 15 states.

CINCINNATI — Looking to optimize pricing and promotions, Fred's on Wednesday announced that it will implement KSS Retail's PriceStrat solution in its more than 670 stores and 300 pharmacies throughout 15 states.

PriceStrat is an integrative software in which retailers can manage both regular and promotional pricing, and enables them to model what-if pricing scenarios for store products, facilitating pricing decisions that are more timely and effective in optimizing sales and value for customers, KSS Retail said.

January 5, 2011

NEW YORK — A shift in consumer shopping is helping to fuel sales of women’s fragrances at mass.


“Consumers are shifting their fragrance purchasing from high-end channels, such as department stores, to more mass-market channels, such as drug stores and supermarkets/hypermarkets,” stated research firm Euromonitor International. “While department stores have suffered a drop in foot traffic during the recession, store formats such as supermarkets/hypermarkets and mass merchandisers selling necessities have seen steady traffic levels.”


January 5, 2011

The Food Marketing Institute and the Grocery Manufacturers Association on Wednesday announced their support for a research study about how consumers use brand websites and how the use of these websites impacts shoppers’ in-store buying behavior.

WASHINGTON — The Food Marketing Institute and the Grocery Manufacturers Association on Wednesday announced their support for a research study about how consumers use brand websites and how the use of these websites impacts shoppers’ in-store buying behavior.

January 4, 2011

Private equity fund Brynwood Partners VI L.P. announced on Tuesday that its newly formed portfolio company, High Ridge Brands, has acquired the Zest brand from Procter & Gamble.

GREENWICH, Conn. — Private equity fund Brynwood Partners VI L.P. announced on Tuesday that its newly formed portfolio company, High Ridge Brands, has acquired the Zest brand from Procter & Gamble.

High Ridge Brands purchased the rights to the Zest brand in the United States, Canada and the Caribbean markets. The company will be based in Stamford, Conn., and Brynwood VI has majority ownership of the company.

Terms of the transaction were not disclosed.

January 3, 2011

Reckitt Benckiser on Monday supplemented its Mucinex and Delsym cough-cold portfolio with the addition of Cepacol from Combe.

WHITE PLAINS, N.Y. — Reckitt Benckiser on Monday supplemented its Mucinex and Delsym cough-cold portfolio with the addition of Cepacol from Combe.

Combe also announced the completion of its cough-cold and skin care businesses to the British conglomerate, along with its foot care brand Odor-Eaters to personal care company Blistex.

January 3, 2011

Rite Aid last week sweetened the pot associated with its loyalty card.

CAMP HILL, Pa. — Rite Aid last week sweetened the pot associated with its loyalty card.

Rite Aid customers who use their Wellness+ card between Dec. 28, 2010, and Jan. 22 will be entered into a sweepstakes for a chance to win a dream vacation, fitness equipment, personal electronics and more as part of a new reward program created by Rite Aid called Resolution Rewards.

January 3, 2011

SC Johnson has inked a deal to acquire Sara Lee's global shoe care business, which includes the iconic Kiwi brand.

RACINE, Wis. — SC Johnson has inked a deal to acquire Sara Lee's global shoe care business, which includes the iconic Kiwi brand.

SC Johnson's portfolio of household products, which hosts such brands as Pledge and Windex, now will feature the Kiwi family of brands, including Sara Lee's Bama International, which sells shoe accessories in specialty channels in Europe and Canada, and Kiwi Kleen, a line of household cleaning products sold mainly in Asia Pacific using the Kiwi branding.

The company expects to complete the acquisition by mid-2011.

December 23, 2010

ComScore on Wednesday tabulated $28.4 billion in holiday season retail e-commerce spending for the first 49 days of the November/December 2010 holiday season. That marks a 12% increase versus the year-ago period.

RESTON, Va. — ComScore on Wednesday tabulated $28.4 billion in holiday season retail e-commerce spending for the first 49 days of the November/December 2010 holiday season. That marks a 12% increase versus the year-ago period.

The most recent week (ended Dec. 19) reached $5.5 billion in spending, an increase of 14% versus the corresponding week last year. The final shopping weekend before Christmas reached $900 million in retail e-commerce spending, representing a strong 17% growth rate versus last year.

December 20, 2010

Unilever has confirmed that Alberto-Culver shareholders have approved the proposed $3.7 billion Unilever acquisition, which was announced in September.

LONDON and ROTTERDAM, Netherlands — Unilever has confirmed that Alberto-Culver shareholders have approved the proposed $3.7 billion Unilever acquisition, which was announced in September.

Separately, Unilever confirmed that it has received a second request for information from the United States Department of Justice in the regulatory review process. Unilever noted that it will continue to work with the DOJ in connection with its review.

December 16, 2010

ECRM on Thursday announced the launch of a series of reports and a new blog on retail circular ads. The new resources provide a unique perspective on retail promotions from Walmart, Kroger, Walgreens, Safeway, Best Buy, OfficeMax, Aldi and 160 additional retailers in the United States and Canada.

CLEVELAND — ECRM on Thursday announced the launch of a series of reports and a new blog on retail circular ads. The new resources provide a unique perspective on retail promotions from Walmart, Kroger, Walgreens, Safeway, Best Buy, OfficeMax, Aldi and 160 additional retailers in the United States and Canada.

Using ECRM’s trade promotion expertise, these reports and blog entries will enable retailers and suppliers to manage more effective trade spending, ECRM stated.

December 14, 2010

A recent survey regarding memorable product launches in 2010 found that — not surprisingly — the Apple iPad ranked No. 1 among this year's new innovations.

BOSTON — A recent survey regarding memorable product launches in 2010 found that — not surprisingly — the Apple iPad ranked No. 1 among this year's new innovations.

But while the iPad earned the top spot, consumer packaged goods also made their stake in this year's Most Memorable New Product Launch survey, which was conducted online by Schneider Associates, Sentient Decision Science and SymphonyIRI Group during October.

December 14, 2010

With just days left before the holiday shopping season draws to a close, the National Retail Federation has increased its forecast as the economic environment gives way to increased consumer spending.

WASHINGTON — With just days left before the holiday shopping season draws to a close, the National Retail Federation has increased its forecast as the economic environment gives way to increased consumer spending.

December 10, 2010

An annual holiday shopping index found that an overwhelming majority of Americans said that while online shopping for holiday gifts is easier, brick-and-mortar stores do a better job of putting them in the holiday spirit.

NEW YORK — An annual holiday shopping index found that an overwhelming majority of Americans said that while online shopping for holiday gifts is easier, brick-and-mortar stores do a better job of putting them in the holiday spirit.

December 9, 2010

Supermarket retailer Tops Friendly Markets has opened its first stand-alone gas station, at the site of a former Valero gas station, the chain said.

WILLIAMSVILLE, N.Y. — Supermarket retailer Tops Friendly Markets has opened its first stand-alone gas station at the site of a former Valero gas station, the chain said.

Tops, which operates 132 supermarkets in upstate New York and northern Pennsylvania, said the gas station has six pumps and a 1,600-sq.-ft. convenience store, rebranded as Tops Fresh Xpress.

December 7, 2010

BENTONVILLE, Ark. — Walmart stores have regained a familiar feeling this holiday season, and if senior executives are right, the increased promotional intensity will halt six consecutive quarters of declining same-store sales and put the company on the right track for 2011.


December 7, 2010

Switching to private-label brands could help consumers save one-third of their typical spend on products, a new study conducted by the Private Label Manufacturers of America found.

NEW YORK — Switching to private-label brands could help consumers save one-third of their typical spend on products, a new study conducted by the Private Label Manufacturers of America found.

December 6, 2010

Kashi is boosting its sustainability efforts by reducing the packages of its products by as much as 12.4%.

LA JOLLA, Calif. — Kashi is boosting its sustainability efforts by reducing the packages of its products by as much as 12.4%.

Among the foods that now feature less packaging are Kashi GoLean Crunch! honey almond flax and GoLean Crisp! toasted berry crumble cereals, all Kashi TLC crackers and the entire line of TLC chewy granola bars and TLC fruit and grain bars.

November 29, 2010

This Black Friday weekend proved to be a help to retailers, as shopper traffic and spending both increased, the National Retail Federation said.

WASHINGTON — This Black Friday weekend proved to be a help to retailers, as shopper traffic and spending both increased, the National Retail Federation said.

While 212 million shoppers visited stores and websites this weekend, up from 195 million shoppers last year, the average shopper spend totaled $365.34 this weekend, a 6.4% increase from last year. Total spending reached an estimated $45 billion, NRF said.

November 29, 2010

It's official. Coty, whose brands include Sally Hansen nail care products, has announced plans to acquire OPI Products, a maker of professional nail salon products.

NEW YORK — It's official. Coty, whose brands include Sally Hansen nail care products, has announced plans to acquire OPI Products, a maker of professional nail salon products.

Terms of the deal were not disclosed. The acquisition will bolster Coty's color cosmetic portfolio by adding more than 200 shades of OPI Nail Lacquer's chip-resistant formula.

November 22, 2010

CVS/pharmacy is gearing up for one of the biggest sales days of the year: Black Friday ...

WOONSOCKET, R.I. CVS/pharmacy is gearing up for one of the biggest sales days of the year: Black Friday.

The drug store chain said that from Nov. 25 through Nov. 27, customers can enjoy deep discounts on must-have gifts, toys and electronics, as well as additional incentives through its ExtraCare program. CVS/pharmacy shoppers that use their ExtraCare cards can earn 2% back on nearly every purchase and receive instant Extra Bucks every time they shop, simply by purchasing specially advertised items.

November 22, 2010

Consumers shopping this Black Friday will spend in a “mindful manner,” according to a new...

November 22, 2010

Consumers shopping this Black Friday will spend in a “mindful manner" ...

SCHAUMBURG, Ill. Consumers shopping this Black Friday will spend in a “mindful manner,” according to a new Nielsen survey.

While 1-in-5 Americans confirmed they will shop on Black Friday, 61% of those surveyed said that they only planned to spend $100 to $500, and 60% of those surveyed will be armed with a shopping list. Other findings included:

  • Of the 19% of Americans planning to shop Black Friday, 10% will be shopping Black Friday for the first time;

November 21, 2010

Mobile shoppers will account for nearly one-third of the money spent this holiday season by...

FRAMINGHAM, Mass. Mobile shoppers will account for nearly one-third of the money spent this holiday season by U.S. consumers, according to IDC Retail Insights.

November 21, 2010

Toys continue to dominate wish lists this holiday season, according to a new poll by...

NEW YORK Toys continue to dominate wish lists this holiday season, according to a new poll by Harris Interactive.

Of 3,084 U.S. adults surveyed online between Oct. 11 and 18, 53% of respondents said that they plan to purchase toys as gifts this year. What's more, nearly 3-out-of-4 consumers in a household with children (73%) said they will purchase toys as gifts this year.

 

Topping the toys list this year includes books (43%), video games (32%) and board games (32%). Top gift picks also include:

November 17, 2010

Instant gratification translates well among customers that seek incentives for their participation in loyalty programs,...

CHICAGO Instant gratification translates well among customers that seek incentives for their participation in loyalty programs, according to new research.

Mintel found nearly half (47%) of consumers surveyed said that instant redemption opportunities motivated them to use a particular loyalty program more than others. Such incentives as cash-back opportunities would be a deciding factor, 36% of respondents said.