Wal-Mart picks up Tesco exec
Bentonville, Ark.- based Wal-Mart announced Jan. 4 that Jack Sinclair has been named executive vp-grocery merchandise for the United States, effective Jan. 7.
Sinclair, 47, will oversee the grocery business for Wal-Mart and will integrate planning, category management and store experience into the overall grocery business unit.
Sinclair joins Wal-Mart with broad experience in grocery retailing in the United Kingdom. He spent 14 years at Safeway, serving as group marketing and trading director, and prior to that, he worked at Tesco stores, the company said. Tesco recently entered the United States and is commonly seen as a new competitor for Wal-Mart.
“Jack has a wealth of knowledge and experience in the retail food business, and I look forward to his contributions as we continue to grow our grocery business,” said John Fleming, executive vp and chief merchandising officer for Wal-Mart Stores U.S.
Firm recalls pressure cookers
Importer Manttra has recalled about 38,250 pressure cookers, according to the Consumer Product Safety Commission, because of a flaw that can cause hot contents to spill from the item.
The pressure cookers were sold in Sears stores, as well as department stores including Kohl’s, Robinson’s and Carson Pirie Scott, from June 2003 through April 2007 for $70 to $100.
According to reports, the lid on the cooker can separate and allow hot contents to spill out if the item is not closed properly. Manttra has received two reports of minor burn injuries.
The cookers were manufactured by TTK Prestige of India.
Sherwin-Williams acquires stake in Mexico-based firm
Cleveland-based Sherwin-Williams has acquired certain assets of Monterrey, Mexico-based Flex Recubrimientos, a group of companies with products primarily in the automotive refinish market.
Terms of the deal were not disclosed.
The privately owned companies under Flex Recubrimientos include manufacturers and distributors of automotive after-market body fillers, putties, primers and other vehicle refinish products. The group currently operates a manufacturing facility in Monterrey with distribution warehouses in Monterrey, Mexico City, Guadalajara and Tijuana.
“We are pleased to bring the Flex group, a well-respected Mexican company, and their employees into the Sherwin-Williams family,” said Christopher Connor, chairman and CEO of Sherwin-Williams.