Costco and IRI expand relationship
New York — Investment firm Starboard Value, Office Depot’s largest stockholder with a 14.8% stake, revealed Monday it has delivered a letter to the office supply retailer’s board of directors, expressing “strong disappointment at the board’s failure to work constructively with Starboard to reconstitute the board.
In March, Starboard nominated six candidates, including former Home Depot chief Robert Nardelli – to Office Depot’s board in an effort to strengthen the company’s direction.
Starboard has also filed a preliminary consent solicitation with U.S. securities regulators allowing it to seek shareholder approval of its proposals absent a shareholder meeting, which has yet to be scheduled.
Starboard said that, because “it has become clear that the company has no intention of holding the 2013 Annual Meeting of stockholders in a timely manner,” it had no choice but to “seek to bypass the ineffectiveness of the current board" by launching a consent solicitation that would let shareholders vote on the new slate of directors immediately.
H-E-B and Pampers do Texas two-step
SAN ANTONIO, Texas — H-E-B, Pampers and Interactions have teamed up to offer an exclusive 60-stop H-E-B Baby “Little Texans Tour,” sponsored by Pampers.
The tour aims to promote healthy families and the assortment of infant and baby products offered at H-E-B stores.
The mobile tour will feature an H-E-B Baby and Pampers-branded bus traveling to select H-E-B retail locations throughout San Antonio, Laredo, Corpus Christi and the Rio Grande Valley throughout a 12-week period beginning in April. At each stop, shoppers will receive coupons, interact with product demonstrators and take home samples from sponsors such as H-E-B Baby, Pampers, Plum Organics and Johnson & Johnson. Each stop will also feature special activities for children, including coloring with H-E-Buddy and storytime. Child ID Kit services and guest speakers, including local children’s book authors and parenting bloggers, will also be on hand at select stops.
“H-E-B has always been committed to supporting children and families and providing the highest quality infant and toddler products at an extraordinary value,” says Barry Craft, business development manager, infant and baby for H-E-B. “This ‘Little Texans Tour’ is just one more way we’re reaching out to parents in our community and helping them make sure their little ones are getting off to the best start possible.”
“We’re very excited to be supporting H-E-B in achieving this goal,” says Nicole LeMaire, director of specialized services for Interactions. “By providing the staffing, marketing materials and management for this mobile tour, Interactions is helping H-E-B reach the widest range of customers in their communities, while also removing the burden of event production from their shoulders so they can focus on what they do best: providing families with high-quality products to help them live their healthiest lives.”
H-E-B is based in San Antonio and operates more than 350 stores in Texas and Mexico. It celebrated its 105th anniversary in 2010.
Walmart to help customers jumpstart weight loss
FORT WASHINGTON, Pa. — Walmart will exclusively offer the 5-Day Nutrisystem Jumpstart Your Weight Loss Kit at nearly 2,000 stores.
The new 5-Day Nutrisystem Jumpstart Your Weight Loss Kit, including 15 entrees plus desserts, a free meal planner and program guide with access to free weight loss counseling, can be purchased in-store for $44.98. There is also a 5-Day Nutrisystem kit designed for people losing weight to help manage their diabetes available in the pharmacy section of select stores.
“While there are many weight loss products in the market, this is really the first of its kind – a true diet jumpstart in a box,” explained Dawn Zier, CEO at Nutrisystem. “We’re seeing a lot of repeat business which is important because people coming back week after week tell us that the program is working for them. By bringing our world-class weight loss solution to select Walmart stores, we will be able to make a difference in the lives of consumers we are not currently reaching.”
The kit includes five breakfasts featuring a chewy chocolate chip granola bar, cinnamon bun bar, granola cereal, double chocolate muffin and honey wheat bagel; five lunches featuring a fudge graham bar, cheesy home-style potatoes, chicken noodle soup, chocolate peanut butter bar and red beans and rice; five dinners featuring chicken alfredo, lasagna with meat sauce, rotini and meatballs, home-style beef with potatoes and thick crust pizza; and five desserts featuring chocolate nougat bar with peanuts and caramel, peppermint cookie patty, chocolate chip cookies, fudge brownie and a coconut almond bar.
Nutrisystem foods are intended to be combined with fresh grocery additions such as low fat yogurt, salad, fruit and vegetables.