Copy/Paste Based on Value of Cell

I'm in need of a macro that will cut and paste contents of a cell based on the value of another cell. More specifically, this macro needs to evaluate each cell in column B for a value of "Item Totals:". Every time it finds the text: "Item Totals:" it should copy the value that is in the cell directly below it, and paste it in column A in the cell offset (-1,1) and each cell below that until it encounters another "Item Totals:" in Column B. Once the cut and paste is done, then it should delete the row that has "Item Totals:" in it and also the row below it that contains the value it is copying to column A. Sounds confusing, I know but hopefully the attached file can help clarify what I'm looking for. Many thanks for all your help!

Thank You very much!!! This formula worked perfectly! Saved me lots of hours of cut/paste/delete work! Thanks a million!