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Dean & DeLuca Being Bought by Thailand-Based Developer
Pace Development Corp., a Thailand developer of super-premium mixed-use projects, is acquiring Dean & DeLuca, one of the world's most iconic gourmet food brands, for $140 million, according to Bangkok-based The Nation. The move is expected not only to boost Pace's capabilities as a luxury developer but also to fuel rapid growth of Dean & DeLuca's global gourmet food-and-beverage retailing business. Along with the brand, the purchase includes the supply chain and operations of 11 outlets and two commissaries in the United States and licensing agreements in 31 international locations. Besides four outlets in Thailand, there are international branches in ... |
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Thermos Acquires Germany’s Alfi Housewares Brand
Thermos, a leading manufacturer of portable insulated food and beverage containers based in Schaumburg, Ill., has acquired the Alfi brand, a world market leader in premium insulated containers with headquarters in Wertheim, Germany, that is a subsidiary of The WMF Group. Currently available in 90 countries, Alfi is a well-known brand in the housewares tabletop category with products that include vacuum carafes and drinking bottles, mugs, coffee and tea pots, food jars, and other items for use indoors, outdoors, in the office or on the move. With the acquisition, Thermos plans to expand both the Alfi brand and Genuine Thermos ... |
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Report: More Men Buy the Groceries, But Grudgingly
More men are grocery shopping for themselves or their families now than in the past, but they’re not happy about it, reports The NPD Group, a leading global information company. Men now represent 41 percent of all primary grocery shoppers, but they make up more than their fair share of people who say grocery shopping is a chore, according to NPD’s recently released report, The New Grocery Shopper. Younger male grocery shoppers, 18-34, who are single and never married before, are most likely to feel that shopping is a chore. These shoppers are more likely to have increased their responsibility ... |
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Bissinger’s Unveils New Headquarters, Event Space
Bissinger’s unveiled its new facility to more than 300 guests as the company’s president and CEO, Tim Fogerty, and St. Louis Mayor Francis Slay cut a specially created chocolate ribbon with an oversized chocolate champagne bottle to inaugurate the new corporate headquarters and showcase its premier 14,000-square-foot special event space, The Caramel Room. “The increased capacity will allow us to keep up with demand and bring new jobs to St. Louis,” said Fogerty. “The addition of private chocolate tours and special event space for parties, corporate meetings and receptions will make this a destination and major attraction for both local ... |
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MOM’s Organic Market Opens in D.C.
MOM’s Organic Market opened its first urban D.C. store in the Hecht Warehouse District. The new store features free car-charging stations; a Naked Lunch, an all-organic vegetarian eatery; craft beer and organic wine; daily deliveries of Bethesda-based Spring Mill bread; sustainable local farm-raised trout; and certified organic produce. Customers can also drop off light bulbs, shoes, batteries, cell phones and more at MOM’s for recycling. “We’re excited to finally be in D.C.,” said Scott Nash, founder. “We have 10 stores in the D.C. suburbs where I grew up, but I’ve wanted MOM’s to be part of the city community for ... |
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Organic Trade Association Petitions to Tighten Standards
The Organic Trade Association (OTA) has filed two petitions with the National Organic Program to amend the national list of substances that can be used in organic production and processing.The first petition seeks to strengthen the requirement for organic ingredients, while the second aims to remove a non-organic substance from the list.OTA submitted its requests to change the National List of Allowed and Prohibited Substances, the set of stringent guidelines that the organic industry must abide by, as a result of research that has determined that commercially viable alternatives are now available for both the materials being petitioned.OTA is petitioning ... |
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Arbor Investments Acquires Best Maid Cookie Co.
Chicago-based Arbor Investments has acquired Best Maid Cookie Co., a manufacturer and marketer of branded and private-label gourmet cookies and dessert bars. Terms of the sale were not disclosed.Founded in 1943 by Swedish immigrant baker C. Arthur Erickson, River Falls, Wis.-based Best Maid provides custom-formulated, gourmet-quality baked cookies and unique pre-portioned cookie dough products made with the freshest ingredients. In connection with the acquisition of Best Maid, Arbor said it partnered with management – led by the company’s CEO, Deb Dartsch, who is Arthur Erickson’s daughter, and president, Ron Thielen. Both executives will continue to manage Best Maid, Arbor Investments said ... |
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NY NOW Seminars and Events Add Value to the Winter Market
A comprehensive roster of educational sessions and special after-hours events will complement exciting product finds during the winter edition of NY NOW, the Market for Home + Lifestyle, Jan. 31-Feb. 4, 2015.In addition, awards for product excellence and special feature displays will spotlight and celebrate the industry’s best product designs in several categories during the show at New York’s Jacob K. Javits Convention Center.Industry experts will share design and color trends, social media and related marketing strategies, the basics of importing, and other business-building advice. NY NOW-hosted after-hour events include the popular “Night on Broadway” featuring specially priced tickets to ... |
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Forty-Two Store Locations Join Gourmet Catalogue in 2014
Gourmet Catalog & Buying Group has realized consistent growth, adding 42 new store member locations (31 companies) in 2014 that span the country. “We are so grateful to welcome these new store owners to the GC family,” said Janis Johnson, president and founder of Gourmet Catalog & Buying Group. “The growth within our community of stores and vendors, and the buying power we gain by bringing new members to the group is truly wonderful.”Celebrating 33 years in 2014, Gourmet Catalog works to ensure the success of independent retailers with a variety of programs and services, including discounts provided by nearly 200 ... |
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iDomains Launches New Web Address for Organic Community
Leading organic producers and organizations have registered their .Organic Web addresses available to qualified organic companies.The domain is now open for registration by all bona fide organic community members, and iDomains, a full-service registrar, is waiving the first year registration fee for customers who register for their .Organic Web addresses before Nov. 30.Available only to companies and organizations that are certified or otherwise meet stringent eligibility requirements, the Web portal has already attracted name brands, including Stonyfield.organic, Applegate.organic, Bitsys.organic, Nibmor.organic, Lagrama.organic, Pact.organic, and industry organizations including RodaleInstitute.organic, OMRI.organic and IFOAM.organic.The domain was founded to make it easier for consumers to ... |
