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Kroger and Roundy’s Announce Definitive Merger Agreement
CINCINNATI and MILWAUKEE, Nov. 11, 2015 /PRNewswire/ -- The Kroger Co. (NYSE: KR) and Roundy's, Inc. (NYSE: RNDY) today announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Roundy's for $3.60 per share in cash. The transaction price represents a premium of approximately 65% to the Roundy's closing share price on November 10, 2015. The terms of the agreement were unanimously approved by the Boards of Directors of both companies. Under the terms of the merger agreement, Kroger will commence a tender offer for all of the outstanding shares of Roundy's common stock. Any shares ... |
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Las Vegas Market Expands Temporary Exhibit Space By 50%
LAS VEGAS – (November 11, 2015) – Las Vegas Market announced today that momentum is fueling its expansion of temporary exhibition space—known as The Pavilions at Las Vegas Market—with the addition of a second location allowing for a 50% gain in exhibit space for the Winter 2016 Las Vegas Market, January 24-28, at World Market Center Las Vegas. “Last Augusts’ repositioning and reimagining of temporary exhibits to The Pavilions at Las Vegas Market was met with an overwhelmingly enthusiastic response from buyers, which has fueled record rates of exhibitor renewals,” said Dorothy Belshaw, president of Gift & Home Décor, International Market ... |
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Forty One Madison Showrooms Planning For Winter NY Now Buyer Attendees
(NEW YORK, NY—NOVEMBER, 2015)—Giftware retailers and buyers will find more than 40 permanent showrooms based at Forty One Madison welcoming them in to do business when they arrive Saturday, January 30 through Wednesday, February 3, for the 2016 winter edition of NY NOW. One of the easiest ways to know which showrooms are open and plan for visits is to download the 41 App. And, one of the easiest ways to travel between Forty One Madison and Javits Center, where the gift show is held, is via the complimentary luxury bus service. The shuttle, courtesy of Forty-One, runs Monday through ... |
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Fenwick Brands Buys Stake in Powell & Mahoney
Powell & Mahoney LLC, a leading natural cocktail mixer company, announced a growth capital investment from Fenwick Brands Inc. a leading consumer packaged goods investor and operator. As a result of the investment, Fenwick will acquire a minority stake in the company, which will continue to be led by beverage industry veteran Mark Mahoney. Powell & Mahoney has made its mark on the modern cocktail with its award-winning, handcrafted mixers. Using the finest juices, essential oils and organic cane sugar, Powell & Mahoney produces traditional mixers like Bloody Mary and Margarita along with unique flavors such as Sriracha Bloody Mary. ... |
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Organic Dairy Co-ops Develop Partnership
The leading organic farmer-owned cooperative in North America, CROPP Cooperative/Organic Valley, and Europe's leading organic dairy cooperative, the Organic Milk Suppliers Cooperative (OMSCo) announced an international partnership with benefits for both cooperatives, their farmer-owners and consumers. The historic agreement, in which the two cooperatives will take a membership in each other's organization while retaining each cooperative's independence, will provide international opportunities and domestic flexibility, offering access to new markets, products, technical expertise and sharing of best practices in organic dairy farming. "This is an important development for cooperation in organic agriculture on a global scale," said Eric Newman, Organic Valley's ... |
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Meal Kit Firm HelloFresh Enlists Chef Jamie Oliver for Recipe Help
Jamie Oliver Limited and the international meal kit delivery brand HelloFresh have teamed up to make it even easier for people to cook from scratch in their own homes. Both Jamie Oliver and HelloFresh want to empower people to make better food choices and cook using fresh ingredients, no matter what their lifestyle. The Jamie Oliver Limited and HelloFresh partnership extends across six countries in which HelloFresh is active –the United States, United Kingdom, Germany, Netherlands, Belgium and Austria. Starting January 2016, HelloFresh customers can choose Oliver's recipes to add to their boxes. Recipes are designed to meet the needs ... |
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Iittala’s Ruutu Vases Honored by Cooper Hewitt
Iittala’s Ruutu vases have been added to the National Design Museum Permanent Collection at the Cooper Hewitt. Updating the museum’s holding of Scandinavian and contemporary glass, Ruutu joined previously selected Iittala glassware by Tapio Wirkkala in this curated collection. Iittala’s first collaboration with Ronan and Erwan Bouroullec, Ruutu is a series of 10 vases in five sizes and seven colors. Meaning diamond in Finnish, Ruutu is created from mouth-blown glass in Iittala’s Finland factory. Each vase takes seven craftsman 24 hours to produce. Precise execution of a well-conceived design made Ruutu a natural fit for a museum devoted to advancing ... |
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Gourmet Catalog Offers Updated eNewsletter to Members
Gourmet Catalog & Buying Group has developed and launched a new eNewsletter for store members to use as marketing collateral twice monthly, with the subscriber base growing 167 percent since July. The GC eNewsletter facilitates effective and consistent communication from the store to the consumer, allowing stores to distribute informative and useful information that highlights product lines in an appealing and engaging style. “Beautifully styled with fun tidbits and creative ideas, the recipes in Gourmet Catalog’s eNewsletter are well received and appreciated by our customers,” said Julia Strzesieski of Cole Hardware in San Francisco. Content for the eNewsletter is ... |
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Devocion Announces the Inauguration of its new Exclusive Farm Program for Wholesale Clients
NEW YORK, Oct. 29, 2015 /PRNewswire/ -- Raising the traceability and transparency bars for third wave coffee roasters, Devocion - the Colombian brand that entered the U.S. market in November 2014 with the debut of a roasting facility in Brooklyn, NY - announced today the inauguration of its new Exclusive Farm Program for wholesale clients. The game-changing initiative affords operators the truly unique opportunity to claim the global exclusive for coffee made from beans grown on a single Colombian farm, one whose beans will not be available to any other end user. Devocion will act as the facilitator to establish ... |
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Las Vegas Market Predicts Record Growth to Continue
LAS VEGAS – (October 30, 2015) – Las Vegas Market’s record gains in both vendor participation and retail attendance are expected to continue for the Winter 2016 Las Vegas Market, January 24-28, 2016, at World Market Center Las Vegas, with significant new resources enhancing the Market’s current 2,700+ suppliers, as well as an exceptional educational programming, trend analysis and networking events adding value to the overall Market experience. Highlights include continued expansion in the gourmet, housewares and casual/outdoor furniture categories; enrichment of better home décor offerings; expansion of temporary exhibits into two Pavilions; and the enhancement of top furniture, gift and ... |
