Monday, April 10, 2006

Aldi drives growth in private label product sales (Herbalife product)


Aldi drives growth in private label product sales
Independent retailer Aldi is driving private label growth in Australia, experiencing an increase in the number of shoppers visiting its stores and a substantial increase in the amount shoppers are spending in-store, a report released by marketing information company ACNielsen has revealed.
Source: www.qbr.com.au

Business News
The British company, which develops treatments derived from plant extracts, has granted the Anglo-Dutch group an exclusive licence to develop, manufacture and market a product derived from Hoodia gordonii, a very rare succulent plant which grows in the Kalahari desert.
Source: www.sharewatch.com

Products recalled
State Fire Marshal Randy Cole warned Missourians of recalled products by the U.S. Consumer Product Safety Commission that could be a fire hazard. *Valsi Single Phase Portable Generators with plastic fuel tanks.
Source: www.newstribune.com

Symbol preps RF switches
Product line due next month will help firms manage myriad wireless devices and systems.
Source: www.cmpnetasia.com

Hakoba plans 60 outlets by year end
Hakoba Lifestyle has embarked on an expansion spree and has decided to broadbase its product range.
Source: www.rediff.com

J&J: Reinventing How It Invents
The giant bets on a new push for product development as a cure for its ailing stock
Source: www.businessweek.com

Third-Party Support
In an effort to expand its customer-centric portfolio of products, St. Paul, Minn.-based Securian Financial Group ( billion in total assets) turned to Woodland Hills, Calif.-based third-party administrator LifeCare Assurance Company for help developing Securian's new long-term care insurance product, LTC Guard. Securian's Ben Roth, director of life product research and promotions, and Mary Anne
Source: www.insurancetech.com

Secondhand Smoke Even Less Sweet
Smoking and exposure to smoke has now been linked to diabetes risk.
Source: www.forbes.com

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