News

Nature Valley rolls out new products

BY CSA STAFF

Nature Valley has rolled out two new products — Nature Valley Breakfast Biscuits and Nature Valley Greek Yogurt Protein bars — which are geared toward people with active lifestyles, the company said. The company is also adding an additional variety to its Nature Valley Protein Granola line in the form of Cranberry Almond.

"We’ve heard people asking for satisfying snack options that fit their busy schedules, and we’re excited to introduce these new product offerings that will help them take on those busy mornings and refuel later in the day," said Kerry DeLaney, marketing manager for Nature Valley. "For most people, every day is a balancing act, navigating daily activities without the time for a break in the day. It’s important to take a minute to recharge with foods that provide energy to help you do more of the things you love."

Nature Valley Breakfast Biscuits provide 26g of whole grain in each four-biscuit serving. The biscuits are available in two varieties — blueberry and honey — and come with a suggested retail price of $3.89 for a box with five servings.

Nature Valley Greek Yogurt Protein Bars are made with real fruit, crunch peanuts and almond pieces, and offer 10 g of protein per serving. The bars are available in two fruit varieties: mixed berry and strawberry. The Greek yogurt protein bars are available for a SRP of $4.19 for a five-bar box.

Nature Valley Protein Granola in Cranberry Almond packs 10 g of protein and at least 22 g of whole grain. The product can be found at retailers nationwide for an SRP of $4.49 for an 11-oz. bag. The brand’s Protein Granola also is available in two other varieties: Oats ‘n Honey and Oats ‘n Dark Chocolate.

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News

Report: Retail data breaches not an attack on U.S., economy

BY Dan Berthiaume

Washington, D.C. – The National Cyber Investigative Joint Task Force, a combined effort of the FBI, Secret Service, intelligence agencies, and the Department of Homeland Security, has released a report stating there is no evidence that recent data breaches in the computer networks of U.S., retailers are a deliberate attack on the U.S., economy.

According to the Associated Press, the two-page report, which has not been made available to the public, states that while cyber attacks on retailers have global implications and significant negative impact on businesses and consumers, there is no evidence that any criminal groups or nation-states are attempting to damage the U.S.

The report does not name any specific retailers, but major U.S. retailers including Target, Neiman Marcus and Michaels Stores have recently had cyber attacks on their computer networks publicly uncovered. The task force is also reportedly investigating Kaptoxa, a type of malware originating in Eastern Europe believed to have been used in the Target and Neiman Marcus attacks, as well as other forms malware.

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FINANCE

CVS Q4 net income, sales jump

BY Dan Berthiaume

Woonsocket, R.I. – CVS Caremark reported strong performance in both earnings and revenues for both the fourth quarter and fiscal year 2014. The chain also raised its guidance for the first quarter.

CVS said net income during the quarter ended Dec. 31,2014, rose 12.5% to $1.26 billion from $1.12 billion in the year-ago quarter. For the full year, income rose 19% to $4.59 billion, from $3.86 billion.

Meanwhile, net sales for the quarter increased about 4% to $32.8 million from $31.4 million. Net sales rose 3% for the full fiscal year, to $126.8 million from $123.1 million. Strong performance in pharmacy services and retail pharmacy helped drive CVS’ results, as well as a gain from a legal settlement recognized in the third quarter that boosted net earnings.

Larry Merlo, president and CEO of CVS, said an unusually good fourth quarter contributed to a generally strong year. Fourth quarter results in both earnings and revenues beat analyst revenues.

“I am very pleased with our fourth quarter results, which came in at the high end of our expectations and helped produce a record year,” said Merlo. “As expected, the quarter was somewhat atypical, largely due to the timing of Medicare Part D profits within the PBM and the timing of break-open generics across the enterprise. Overall, the year 2013 produced strong growth in revenues, gross margin, operating margin and earnings across the enterprise."

CVS announced last week it would stop selling all tobacco products at its drug stores by October 2014.

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