• Looking To Execute, Supervalu Ousts Its CEO
    Supervalu may have "abruptly" axed CEO Craig Herkert yesterday, as the "Minneapolis Star Tribune"'s Mike Hughlett reports, but the analysts he and other journalists cite pretty much say they saw it coming. The company operates Albertsons, Jewel-Osco and other supermarkets that have been hit hard by competition from the likes of Wal-Mart, Target, Costco, dollars stores and even drugstores that are expanding their grocery aisles.
  • Looking To Execute, Supervalu Ousts Its CEO
    Supervalu may have "abruptly" axed CEO Craig Herkert yesterday, as the "Minneapolis Star Tribune"'s Mike Hughlett reports, but the analysts he and other journalists cite pretty much say they saw it coming. The company operates Albertsons, Jewel-Osco and other supermarkets that have been hit hard by competition from the likes of Wal-Mart, Target, Costco, dollars stores and even drugstores that are expanding their grocery aisles.
  • Ewanick Out As GM's Global CMO
    General Motors' Joel Ewanick, who was recently praised by his boss for his willingness "to challenge the status quo of the corporation," evidently pushed it too far. He "elected to resign immediately" as global CMO, according to a statement released yesterday. The reason, a spokesman tells the "Detroit News"' David Shepardson, is "because he failed to meet the company's expectations of an employee of the company."
  • Ford Facing Tough Challenge With Aluminum F-150s
    "Built Ford Green" doesn't seem to have the same USP ummmph as "Built Ford Tough" but the Wall Street Journal's Michael Ramsey is reporting that the automaker "is working on one of the biggest gambles in its 108-year history: a pickup truck with a largely aluminum body."
  • Did More Than A Tweet Send Penney Soaring?
    How sweet is this tweet from Marie Claire fashion director and "Project Runway" judge Nina Garcia: "'I'm @jcpenney's HQ. Thank you Ron Johson (sic) for the walk through of JCP's prototype. Get ready to shop! Its going to be a game changer!"
  • Campbell Looking To Bowl Over Millennials
    If you've got a hammer, they say, everything looks like a nail; if you make soup, everyday's a soup day, even if the weather suggests iced tea. And so it was in Camden, N.J., yesterday, where Campbell Soup Co. Investor Relations vp Jennifer Driscoll opened a newsy 2012 Analyst Day session by quipping that the looming 90-degree temperature was "good soup-eating weather," as Philadelphia Inquirer columnist Mike Armstrong reports.
  • McDonald's Serves Up 400-Calorie Campaign As Sales Slow
    When the going gets rough, the marketing gets cranking, McDonald's new CEO, Don Thomson, told analysts during a conference call yesterday. And things are rough all over. "This is a time for us to focus on guest-count growth and market-share gain. And so we really go at this very hard in times like these, even though it means an investment," according to Thompson.
  • 'Dark Knight' Box Office Off Slightly Following Tragedy
    Hollywood and its associates exhibited a delicate and sensitive public persona over the weekend in the wake of the massacre at a midnight opening of "The Dark Knight Rises" early Friday morning, but the showings did go on.
  • Linsanity To Finsanity: Only In New York
    We were among to first to note the outbreak of Linsanity -- even before a trademark application was summarily filed -- in a piece written the morning after Jeremy Lin's second start as a New York Knickerbocker, but we may be among the last to remark on its likely demise. Is it really "Finsanity," as the hed on a "New Yorker" blog post put it Tuesday?
  • CFPB Sacks Capital One For Deceptive Marketing
    Capital One's wallet is "a bit lighter" this morning, Elizabeth Lazarowitz tells us in the "New York Daily News," as it has agreed to pay $210 million to settle charges brought by the Consumer Financial Protection Bureau that its marketing of "add-on" products for its credit card has been deceptive.
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