Content about chairman , president and CEO

July 7, 2011

The 4.5% increase in same-store sales Target reported for June was at the higher end of the company’s expectations and came on top of a prior-year increase of 1.7%.

June 20, 2011

Target is poised to become an even more significant player in the world of health, wellness and beauty in the coming years, assuming the company can execute a range of initiatives designed to grow sales to $100 billion and double earnings per share to at least $8.


May 18, 2011

First-quarter sales at Target increased 2.8% to $15.6 billion, and same-store sales increased 2%, the company reported.

May 4, 2011

Procter & Gamble has announced a string of organizational changes, including the retirement of Edward Shirley, vice chairman of beauty and grooming, after 33 years of service.

April 25, 2011

After being hemmed in by recession, cash flow problems and costs, a venerable lion of West Coast food and drug retailing is roaring again. 


April 25, 2011

Target is branching out.


Buoyed by surging profits and customer satisfaction scores, the Minneapolis-based giant is reaching into Canada, preparing a new small-store format for urban areas and going after a bigger share of the nation’s grocery dollar. Target also is spending billions on store renovations, aggressively leveraging a new loyalty card program and growing its commitment to health at its pharmacies and in-store clinics.


April 7, 2011

Target's March sales dropped 4.5% to $5.95 billion, compared with the year-ago period.

April 4, 2011

Former Caremark Rx executive Drew Crawford has been appointed president and CEO of Benecard PBF, an administrator of prescription benefits and services to public and private plan sponsors.

March 24, 2011

COVINGTON, La. — Winn-Dixie’s chairman, president and CEO, Peter Lynch, calls them “state of the art.” The company’s VP pharmacy, John Fegan, calls them “transformational.” They’re talking about the Jacksonville, Fla.-based supermarket chain’s glitzy new prototype store, an upscale and eye-popping showcase for everything from locally sourced foods to gluten-free and specialized dietary offerings.

March 9, 2011

Eli Lilly leader John Lechleiter has become something of an evangelist for medical innovation lately. On Wednesday, the Lilly chairman, president and CEO spoke to the U.S./Japan Business Council in Tokyo to call for changes and policies in the biopharmaceutical industry that encourage innovation, or “reinventing invention,” as he called it.

March 3, 2011

February same-store sales at Target advanced 1.8%, thanks to the addition of fresh food and consumables that are part of an aggressive remodeling program causing more people to shop its stores.

February 24, 2011

Safeway surprised analysts Thursday morning with fourth-quarter earnings per share of 62 cents, well above a consensus of 57 cents among analysts.

February 10, 2011

Public policies to support medical innovation will help drug companies address diseases that devastate people’s lives, a drug company executive said at a summit Thursday.

February 3, 2011

Target said that although its comparable-store sales were below expectations in the South and Northeast, the company believes overall sales will be driven by two of its recent initiatives.

February 1, 2011

Procter & Gamble on Tuesday announced that Robert Steele, vice chairman of global health and well-being, will retire effective Sept. 1.

January 24, 2011

The next chapter for CVS Caremark officially is under way as the company announced on Monday the next stage of its previously announced transition plan and officially named Larry Merlo, president and COO, as CEO, effective March. 1.

January 14, 2011

Target announced that its chief marketing officer, Michael Francis, will serve as the executive committee sponsor of Target’s entrance into the Canadian market. In this role, Francis will oversee the extension of Target’s brand as part of the corporation’s first-ever expansion of its stores beyond the United States, the company reported.

January 6, 2011

Despite an easy prior-year comparison, Target fell short of its December same-store sales guidance with a disappointing 0.9% gain.

December 15, 2010

Procter & Gamble on Tuesday afternoon named a healthcare veteran to its board. Susan Desmond-Hellmann, 53, chancellor of the University of California, San Francisco was named to the board, effective Dec. 13.

October 27, 2010

Colgate-Palmolive experienced a strong third quarter as its global market shares in toothpaste and manual...

October 27, 2010

Procter & Gamble is looking to expand its open innovation partnerships, which would triple the...

October 26, 2010

Procter & Gamble announced on Wednesday that first-quarter earnings per share from continuing operations exceeded...

October 11, 2010

"Innovation that truly improves people's lives is more important than ever," Procter & Gamble's chairman,...

October 7, 2010

Procter & Gamble honored its top performing external business partners at its supplier and agency...

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