1. CPG: Food

Kellogg’s snack business gets new name ahead of spinoff

Written by Posted on Less than 0 min read

Snack brands Pringles and Cheez-Its will operate under Kellanova, the new name of Kellogg’s snack division. The consumer packaged goods giant plans to split its businesses into separate and independent operations. The other unit will be known as WK Kellog Co.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. International

American Airlines Passenger Tries To Open Door Mid-Flight

Flight 1219 from Albuquerque, New Mexico, to Chicago, Illinois, was forced to return to New Mexico shortly after taking off because of a disruptive passenger. View Original Article International - North America RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free […]
< 1 min read
0
  1. Department: Consumer Durables

Dick’s Sporting Goods finishes up the fourth quarter with strong performance

Dick’s Sporting Goods reported a better-than-expected gain of 5.3 percent in same-store sales for the fourth quarter. The chain’s net sales set a new quarterly high. Dick’s is looking for same-store sales this year that fall between flat to up two percent compared to 2022. View Original Article Dept. Nonfood Dept. Sporting goods RetailWire Member […]
< 1 min read
0
  1. Technology & Innovation

Online prices fell in January

Prices for goods sold online in January fell one percent, marking the fifth straight month of declines, according to Adobe’s Digital Price Index (DPI). Patrick Brown, vice president of growth marketing and insights at Adobe, said, “Current demand levels are driving retailers to hold prices down and continue to clear out excess inventory.” View Original […]
< 1 min read
0
  1. Channel: Mass

Walmart Is Stripping Some Stores of Self-Checkout Lanes and Bringing Back Cashiers

Walmart is removing self-checkout lanes from at least three stores in Albuquerque, New Mexico, replacing them with staffed checkout counters to enhance the shopping experience. Walmart spokesperson Josh Havens stated that the move is part of their continuous effort to improve customer service. The company has also previously mentioned plans to provide hands-on assistance to… […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

USPS Takes Green Route With Canoo Startup

The USPS is shifting toward a greener future with help from EV startup Canoo. View Original Article Delivery Sustainability Predictions and Forecasts RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes […]
< 1 min read
0
  1. Trends & External Forces

Retailer subscription programs draw scrutiny after FTC’s Amazon lawsuit

Retailer subscription programs face closer scrutiny following the Federal Trade Commission’s suit against Amazon.com for allegedly tricking “millions of consumers” into signing up for the Prime program. William Kovacic, a professor at George Washington University Law School and former commissioner of the FTC, said other retailers should be concerned about what the agency’s suit against… […]
< 1 min read
0
  1. Department & Category

New Oh! Mega Milk facial oil promo pairs nicely with Jiffy Lube

Beekman’s 1802’s new Oh! Mega Milk answers consumers’ chief complaint that facial oils are too greasy. The company’s formula uses a process that helps its absorption and eliminates the heavy feeling associated with other products. Beekman turned to an unusual partner – Jiffy Lube – to get the word out about its new product. “The […]
< 1 min read
0
  1. Media & Marketing

H&M, Bloomingdale’s, Zappos and Randalls among the loyalty program elites

Newsweek has published a list of the best loyalty (rewards) programs in the U.S. and H&M (specialty apparel), Bloomingdale’s (department stores), Zappos (footwear)and Randalls (supermarkets) toped their respective verticals. View Original Article Dept. Apparel Albertsons / Safeway Amazon Marketing: Loyalty & Subscription Brick and Mortar RetailWire Member since October 25, 2020 Loading + Follow Following […]
< 1 min read
0
  1. Channel: Drug

Rite Aid sees ‘opportunity’ to close more stores in 2023

Rite Aid’s struggle to hold its ground against CVS and Walgreens was evident in the company’s $67 million quarterly loss reported on Wednesday. Speculating on more store closings — following the 145 stores the chain shuttered in 2021 — Rite Aid Exec VP and CFO Matt Schroeder told analysts on its earnings call, “It’s not […]
< 1 min read
0
  1. Media & Marketing

Elon Musk appears to be making a mess of Twitter

Elon Musk has laid off thousands of Twitter employees and made comments that have caused advertisers to pull their ads from the social media site. Now, he’s warning employees that the company may not have the cash to survive. Mr. Musk bought the company last month for $44 billion. View Original Article Associates Marketing: Social […]
< 1 min read
0
  1. Stores & Formats

Pharrell Williams’ First Collection for Louis Vuitton Is in Stores Now

From music to menswear, Pharrell Williams marries his talents to make his mark in the fashion industry with his spring 2024 menswear collection for Louis Vuitton. View Original Article Dept. Apparel Predictions and Forecasts Brick and Mortar RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving […]
< 1 min read
0
  1. Associates & Employees

Walmart Changes Starting Pay Structure for Entry-Level Store Workers

Walmart is implementing changes to its hourly starting wage structure for entry-level store workers in an effort to manage costs in a slowing job market. The alteration means that various store positions, including cashiers, personal shoppers, and stockers, will now have the same starting wages based on the store’s location. However, higher-skilled roles like deli,… […]
< 1 min read
0
  1. Shopper & Customer

Grocers’ store brands win as inflation-weary shoppers trade down

Sales of private label grocery products are on the rise as consumers look for less expensive ways to feed themselves and their families. Private labels offer retailers a higher margin alternative to national brand products. “We continue to expand and diversify our brands portfolio at every price point,” Kroger CEO Rodney McMullen said earlier this […]
< 1 min read
0
  1. Data & Insights

Coke’s Latest Mystery Flavor Is Here. It’s Created by AI

Coca-Cola has unveiled its latest mystery flavor, Coca-Cola Y3000, with a futuristic theme aiming to appeal to younger consumers. This limited-edition beverage, created through the company’s Creations platform, uses artificial intelligence to determine both the flavor and packaging. The AI-generated images for the packaging design, resembling a Y2K aesthetic, and the inclusion of a QR […]
< 1 min read
0
  1. Media & Marketing

TikTok To Bring in New Head of Global Trust and Safety

TikTok has announced that it would be getting a new leader for its global trust and safety unit. View Original Article TikTok Marketing: Social Media RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling […]
< 1 min read
0
  1. Associates & Employees

Home Depot associates in Philly vote against union

Workers at a Home Depot store in Philadelphia voted 165 to 51 against forming a union, according to the National Labor Relations Board. A company spokesperson said that Home Depot’s leadership was “happy that the associates at this store voted to continue working directly with the company. That connection is important to our culture, and […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Analyst says retail media is key to Albertsons/Kroger merger

The combination of Albertsons and Kroger’s retail media networks is at the heart of the merger deal between the two supermarket giants, according to Dean Rosenblum, senior research analyst for AllianceBernstein. “Long term, the biggest accelerator for profit growth for Kroger is not grocery. It’s actually retail media and advertising,” said Mr. Rosenblum. “And this […]
< 1 min read
0
  1. Corporate Finance

Kroger raises profit forecast

By Deborah Mary Sophia (Reuters) – Kroger (NYSE:KR) Co on Thursday reported bumper quarterly results and forecast annual profit above Wall Street estimates, as the U.S. grocer bets on higher food prices and embarks on cost-cutting measures across its digital business and supply chain. The supermarket chain’s shares rose 3% as the outlook took Wall […]
2 min read
0
4
  1. Technology & Innovation

OpenAI CEO among tech leaders saying AI poses an existential risk to humanity

OpenAI CEO Sam Altman is among over 350 technology industry executives and researchers who have signed a one-sentence statement released by the nonprofit Center for AI Safety. “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war,” the statement reads. View Original Article […]
< 1 min read
0
  1. Channel: Grocery

Kroger Shuts Down E-Commerce Spoke Facilities in Texas and Florida

Kroger, the grocery chain, has announced the closure of three spoke facilities in its e-commerce operations in Texas and Florida. This decision marks a strategic shift for the company in its efforts to streamline operations and enhance efficiency. View Original Article Kroger Operations & Supply Chain RetailWire Member since October 25, 2020 Loading + Follow […]
< 1 min read
0
Next