REI will open its fifth flagship store in the Washington D.C. area in late 2016 at the site chosen by President Eisenhower for his inaugural ball and by the Beatles for their first concert in the U.S. The REI flagship will serve the fast ...
Tags: flagship store, Sporting Goods
Stryker Corp. is still on the prowl for acquisitions, although it isn’t naming names, the company’s CEO told analysts this week. Kalamazoo, MI–based Stryker Corp. has been eyeing British company Smith & Nephew Plc and ...
Posted in Medical Device Business by Chris Newmarker and Brian Buntz on January 28, 2015 Medtronic is expected to enjoy lower corporate taxes now that it has moved its official headquarters from the U.S. to Ireland through its merger with ...
Tags: credit rating, Health
Japanese barcode printing, labelling, and RFID solution major SATO took a majority stake in Russia-based label manufacturer Okil-Holding, JSC, a move which will strengthen its position in the BRIC region. Acquiring approximately 75% of ...
Nearly 15 years ago a number of industry players—manufacturers, distributors, retailers, contractors, software providers and others—got together and decided to start the process of bringing the industry’s technology into ...
Tags: B2B Web Services, distributors, retailers, contractors, Construction
American meat processor Tyson Foods is planning to invest around $110m in the expansion of its poultry plant in Vienna, Georgia. This investment is expected to create 500 jobs in the region. Commenting on the expansion, Georgia ...
Tags: food safety, workplace safety, Agriculture
Chocolate manufacturer Hershey is in talks to acquire beef, turkey and pork jerky snacks producer Krave Jerky, in a deal that is expected to be valued at around $300m. The move is in line with the company's strategy to expand its ...
Tags: basil citrus, lemon garlic, chili lime, Agriculture
Canadian coffee and doughnut chain Tim Hortons is laying off staff both at its regional offices and corporate headquarters following takeover by Burger King Worldwide. The job cuts is part of reorganisation after the company's ...
Tags: coffee, Agriculture
Beer company Molson Coors has agreed to divest its UK maltings business Shobnall Maltings to Malteries Soufflet, a subsidiary of Soufflet Group. The deal forms a part of Malteries Soufflet's long term strategy of entering the British ...
Tags: malt market, beer, Agriculture
Medtronic as of Monday expected to complete its $48 billion merger with Covidien—after clearing its final hurdle with the Irish High Court's sanctioning of the deal. Bloomberg dubbed the merger the biggest inversion ever, while ...
Cereal maker Post Holdings has agreed to acquire ready-to-eat and natural cereals producer MOM Brands, in a $1.15bn deal. An agreement to this effect was signed by MOM Brands. MOM Brands offers Malt-O-Meal brand ready-to-eat cereals, ...
Tags: hot cereals, Agriculture
m4e secures deal with firm covering Europe, CIS, Middle East and North Africa. Simba Dickie Group is adding to its licensed portfolio, securing the master toy rights for CGI series Wissper from m4e. The agreement covers Europe, CIS, ...
Cornwall based pasty maker Warrens Bakery has received £1.6m funding from Santander’s Breakthrough Programme to rebrand and expand its retail activities in the West Country and beyond. This comes amidst fears that the Cornish ...
Tags: cakes, scones, sweet bakery products, Agriculture
Johnson & Johnson’s fourth-quarter medical device sales fell by 4.7%, to $6.6 billion, with the biggest drop (7.7%) in the U.S., the company announced this week. Total fourth-quarter sales were down 0.6% year-over-year, to $18.3 ...
Tags: Medical Device Business, Health
First of the new adult jigsaw puzzles will arrive in February. Clementoni is teaming up with National Geographic to produce a line of branded adult jigsaw puzzles, with the first rolling out in February. Known for its award winning ...
Tags: places, science, world culture, exploration, Toys