Lafley will replace CEO Bob McDonald, effective immediately. McDonald, who will retire June 30 after a transition period, has been CEO since 2009.
WASHINGTON - Economic data released on Thursday indicated solid job growth and provided further signs that housing is recovering. The New York Times.
A $7 billion antitrust settlement over credit-card processing fees that critics say would make things worse for retailers suffered another insult today as Target Target, Macy's Macy's and J.C.
The 0.8pc rise in German household consumption in the first three months of the year provided almost the "only" positive contribution to growth in the first quarter, German statistics office Destatis said on Friday, and helped the country to eke out 0.1pc growth, ...
Sears Holdings Corp. swung to a fiscal first-quarter loss from a profit a year earlier, when the retailer booked a large gain on asset sales.