XPO Logistics, a transportation logistics services provider in North America, has acquired Optima Service Solutions, a leading non-asset provider of last-mile logistics services for major retailers and manufacturers in the United States.
Pinnacle Foods reported a 1% increase in consolidated net sales for the third quarter ended Sept. 29 compared to the year-ago quarter, bolstered by the company’s North America retail business, which is made up of the Birds Eye Frozen and Duncan Hines Grocery segments and which increased 2%.
Procter & Gamble has announced a string of organization changes, including the retirement of 37-year company veteran Dimitri Panayotopoulos, vice chairman and adviser to the chairman and CEO, effective Jan. 2, 2014.
Alvarez & Marsal, a global professional services firm specializing in turnaround and interim management, performance improvement and business advisory services, has hired Tom Phelps as a managing director. He will help retailers in the U.S. and worldwide improve business performance.
Whirlpool has promoted Joseph Liotine to president of the company's U.S. operations and appointed him to the corporation's executive committee. Liotine is currently VP of marketing for the company's North American region.
True Religion Apparel has appointed Mary Alderete as the company’s chief marketing officer. Alderete, who will report to CEO David Conn, will be charged with shaping the marketing strategy for True Religion across the company’s retail, wholesale, international and e-commerce platforms.