Strategy

Unilever announced that the sale of its North American seafood business to Nippon Suisan (USA) Inc., a subsidiary of Nippon Suisan Kaisha Limited for $175 million in cash has been completed.

Procter & Gamble announced on Tuesday its intent to sell the Comet global trademark and retail business in North America to Prestige Brands International Inc.

The union representing 1,400 striking workers at 10 Shop Rite supermarkets in southern New Jersey on Tuesday rejected the latest company contract proposal for settling the four-week old strike.

Wal-Mart Stores Inc. announced on Tuesday the continuation of its aggressive unit growth for the fiscal year beginning February 1, 2002.

The U.S. District Court for the Eastern District of California in Fresno found that the USDA acted arbitrarily and capriciously and exceeded its statutory authority when it decided in June 2000 to allow Argentine citrus into the United States, according to Pierre Tada, co-chair of the U.S. Citrus Science Council (USCSC).

Wal-Mart Stores Inc. announced on Monday that Ronald Chomiuk has joined the company as vice president, pharmacy operations. Chomiuk most recently served as senior vice president of pharmacy for Kmart Corp

Peapod, Stop & Shop work toward a profitable online shopping model in Norwalk, Conn.

In Store Media Systems Inc. announced on Monday that John Watkins, executive vice president of new business development for Acosta Sales and Marketing Inc., has been nominated by the ISMS Board of Directors to become a director.