• Safeway announced that its employees in the Spokane, Washington, area have ratified a new four-year labor agreement that covers 12 stores and about 785 workers.
• The Wall Street Journal reports that Procter & Gamble plans to restructure its beauty and grooming division and “make a greater play for men and could develop new products for high-end retailers, salons and spas.” The recession has caused the division’s sales to flatten, the Journal says that the goal is to reorganize it in a customer-centric way around gender rather than around product categories, as has typically been done.
• As has previously been reported, Toys R Us has officially confirmed that it is introducing the “R” Market concept, which will offer snacks, beverages, paper products, HBC, cleaning supplies and other grocery items near the entrance of more than 260 of its 585 locations. More locations are expected to be added later this year.
• The Wall Street Journal reports that Procter & Gamble plans to restructure its beauty and grooming division and “make a greater play for men and could develop new products for high-end retailers, salons and spas.” The recession has caused the division’s sales to flatten, the Journal says that the goal is to reorganize it in a customer-centric way around gender rather than around product categories, as has typically been done.
• As has previously been reported, Toys R Us has officially confirmed that it is introducing the “R” Market concept, which will offer snacks, beverages, paper products, HBC, cleaning supplies and other grocery items near the entrance of more than 260 of its 585 locations. More locations are expected to be added later this year.
- KC's View: