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Retail News
- Creditors call chairman’s winning bid for Sears part of ‘years-long scheme’A group of creditors for Sears Holdings are disputing a winning bid placed by Eddie Lampert’s hedge fund to keep the retailer and about 400 of its stores operating. The bid, which was approved by a bankruptcy court judge, gave Mr. Lampert a pass to continue draining Sears Holdings for his personal profit at the…Continue […]
- CVS and Walmart end dispute over Rx pricesWalmart — which earlier this week announced it was pulling out of CVS Caremark, the pharmacy benefits manager division of CVS Health — has reached an agreement on reimbursement related to prescription drug costs with the provider.
- Walmart adds new grocery delivery partnersWalmart announced that it is working with AxleHire, Point Pickup, Roadie and Skipcart to expand home delivery of groceries in four states. Online orders will be picked by Walmart associates who will hand them off to the services for delivery. The retailer also works with Deliveries, DoorDash, Postmates and others for its home delivery of…Continue […]
Consumer Goods News
- Chanel gives aspirational taste of beauty products in lip gloss-themed stickersFrench atelier Chanel is the latest fashion brand to create an emoji keyboard in a bid for the attention of the youth segment of the market.
- Cheerios encourages cross-channel engagement with environmentally conscious campaignCheerios is temporarily removing its iconic mascot from the box to draw customers’ attention to a mobile-optimized Web site with information about environmental action.
- Procter & Gamble backs up its video claims through social elementsProcter & Gamble is weaving together a story from user-generated viral video with its own ad content for a social media campaign that aligns its brand with an important social issue.
Manufacturing News
- Download Manufacturing Leadership in a Time of ChangeThis IndustryWeek collection provides a primer for manufacturing leaders.
- China Is Said to Offer Path to End US Trade ImbalanceChina would increase goods imports from the U.S. by a combined value of more than $1 trillion and reduce its trade surplus -- which last year stood at $323 billion -- to zero by 2024.
- Cincinnati Manufacturing Building Shared Economic OpportunityFormer P&G execs create CoMADE project to ensure inclusive capitalism.