In a move to streamline and simplify Procter & Gamble’s business and brand portfolio, the company will trim its brand portfolio to focus on 70 to 80 of its largest and best-performing brands, A. G. Lafley, president and CEO, told analysts on Friday during its fourth quarter conference call.
Under Armour has signed a multi-year partnership with Arizona Cardinals cornerback Patrick Peterson. As brand ambassador, Peterson will wear Under Armour cleats and clothes on the field and during training.
Belkin and Crock-Pot have unveiled a smart slow cooker enabled with WeMo, a built-in technology that allows consumers to adjust, manage and monitor their slow cookers from anywhere using a smartphone or tablet.
Fortune Brands Home & Security has acquired Sentry Safe, a leading manufacturer of personal safes with estimated annual sales of $150 million. The transaction closed early this week for $117.5 million and was funded from the company's existing credit facilities.
NCR Corporation, a leading global consumer transaction technologies developer, has appointed Michael Bayer as SVP and president of the company’s retail solutions division. Bayer will report to NCR chairman and CEO Bill Nuti.
The International Dairy-Deli-Bakery Association (IDDBA) has named former HEB executive Michael J. Eardley as its new president and CEO. Eardley succeeds Carol Christison, who passed away in March, after leading the association for 31 years.