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Week of Mon, Dec 7th, 2009

P&G to buy Sara Lee air care business

Procter & Gamble Co. has entered an agreement to acquire Sara Lee Corp.'s Ambi Pur air care business for 320 million euro ($470 million).

Coca-Cola board elects two new officers

The Coca-Cola Co. board of directors has elected Ceree Eberly and Chris Nolan as new officers.

Nicorette launches stop-smoking ad blitz

Nicorette, the smoking cessation gum brand of GlaxoSmithKline Consumer Healthcare, is launching a multimedia advertising campaign that it said is designed to speak to smokers in a "candid and honest way."

PepsiCo to license some Dr. Pepper Snapple Group brands

PepsiCo has inked a deal to manufacture and distribute certain Dr. Pepper Snapple Group Inc. products.

McDonald named P&G chairman; Lafley to retire

Procter & Gamble Co. chief executive officer Robert McDonald has been elected chairman, succeeding A.G. Lafley, who plans to retire early next year.

Walgreens to carry Nutrisystem weight-loss cards

Nutrisystem Inc. has entered a new distribution alliance with Walgreen Co. to offer its weight-loss program cards in the drug chain's stores nationwide.

Duane Reade adds Dream Water sleep beverage

Duane Reade Inc. is rolling out Sarpes Beverages' Dream Water, a beverage designed to help people relax and fall asleep.

Zegerid OTC to hit drug store shelves in 2010

The Food and Drug Administration has approved Zegerid OTC as a nonprescription treatment for heartburn.