-
CDMA to host a product showcase for members in Philly
NOVI, Mich. — The Chain Drug Marketing Association recently announced that the debut of its “Make More Money Table Top Show” will take place in Philadelphia from Sept. 23 to 24. The show will provide CDMA-member regional drug chains, regional drug wholesalers and independent pharmacies an opportunity to preview table-top displays of CDMA's hot items, with items from various categories, including seasonal, health-and-beauty and soft goods, among others.
-
Kraft reveals plans to split business into two independent, publicly traded companies
NORTHFIELD, Ill. — Kraft Foods is planning to create two independent public companies, which will include a global snacks business and a North American grocery business.
The company expects to create these companies — the high-growth global snacks business, which carries an estimated revenue of approximately $32 billion and the high-margin North American grocery business, which touts an estimated revenue of approximately $16 billion — through a tax-free spinoff of the North American grocery business to Kraft Foods shareholders.