Danish dairy company Arla Foods has opened a cheese production plant in Manama, Bahrain to address the growing demands for dairy in the Middle East and North Africa (MENA) region, according to the latest dairy industry news. Arla Foods will invest nearly €50 million ($55 million) in the cheese production factory in the next two […]
US retail store chain Blain’s Farm & Fleet announced plans to open its fifth store in Michigan to be located in the Standale Shopping District in the City of Walker. The Walker store is scheduled to open doors for the public in Fall 2020. The new store announcement follows the opening of a new store […]
Coty, a US beauty conglomerate, has announced plans to divest its professional beauty business and associated hair brands, as well as its Brazilian operations as part of its ongoing transformation. The potential divestiture is expected to help Coty focus more on its fragrance, cosmetics and skin care businesses. Aligned with Coty’s previously announced turnaround plan, […]
Amazon has announced plans to open fulfillment centers in the US states of Illinois and Idaho, thereby creating more than 1,500 jobs. In Illinois, the e-commerce giant will be opening the fulfillment center in Channahon, where 500 plus new, full-time jobs will be created with starting wages of $15 an hour alongside company benefits. Employees […]
Campbell Soup Company has wrapped up the previously announced £66 million sale of its European chips business to Valeo Foods, an Irish food company backed by CapVest Partners. The transaction was announced in September 2019 as per the food acquisition news at Business-News-Today.com. Included in the divested European chips business are the UK-based Kettle Foods […]
Pillsbury Baking has launched new products in the US in the form of the Pillsbury Brownie Bark Mixes, Funfetti Galaxy Frosting, Funfetti Yellow Cake Mix, Funfetti Unicorn Frosting, and Funfetti Strawberry Cake Mix. Brownie Bark Mixes are thinner, flatter snacks and treats that help customers to bake fresh brownie bark at home. This thin sweet […]
The Ferrero Group is set to launch a new flavor for Tic Tac hard mints in the form of the Tic Tac Coca-Cola across the world following a collaboration with Coca-Cola. Coca-Cola will enter into the sweet package food market with the collaboration. The Tic Tac Coca-Cola special edition will be available in more than […]
Saco Foods is set to launch a refreshing brand identity for California Sun Dry in the US to bring the core values of natural flavor, healthy eating and California roots, where tomatoes are naturally grown and dried. Founded in 1991, this is the company’s first evolution of its own branding. The new design, label, and […]
Ridesharing company Uber Technologies has agreed to acquire a majority stake in Cornershop, a Chilean online grocery company for an undisclosed price, as per the latest retail acquisition news. In addition to Chile, Cornershop provides its online grocery delivery services in Mexico, and more recently in Peru and Toronto in Canada. Headquartered in Santiago, the […]
Shiseido acquisition of Drunk Elephant : Japanese personal care company Shiseido said that its US subsidiary – Shiseido Americas has agreed to acquire prestige skincare brand Drunk Elephant for an undisclosed price. The transaction is expected to bolster Shiseido’s position in the international prestige skincare market. Drunk Elephant was established by Tiffany Masterson in 2012 […]