Japanese drinks company Asahi Group has agreed to acquire SABMiller’s Peroni, Grolsch, Meantime brands for $2.9bn, clearing another hurdle for the Anheuser-Busch InBev and SABMiller’s $108bn merger. The acquisition is ...
Tags: Asahi Group, Acquisition, SABMiller, Merger
Bass Pro Shop and Goldman Sachs' private equity arm were partnering on a bid for Cabela's, people familiar with the matter told Reuters. On Tuesday, shares of Cabela's rose $3.14, or 6.4 percent, to $52.51 on the news. Goldman will ...
Tags: Bass Pro, Goldman Sachs
The US Department of Agriculture (USDA) is providing $4.7m grants for food safety education, training, and technical assistance projects, which will enable farmers and small food processors, vegetable and fruit merchants and others to ...
Reser's Fine Foods is recalling 19 refrigerated salad items due to notification from one of our ingredient suppliers that Listeria monocytogenes may be present in one lot of onions that was used in the manufacture of these salads. ...
GfK’s long-running Consumer Confidence Index remained at zero in March, perhaps signalling Brexit fears. Two of the measures used to calculate it saw decreases this month, with one measure showing an increase and the remaining two ...
Tags: GfK, Joe Staton, Consumer Confidence Stalls
China is introducing a new tax which will impact Australian food companies that rely on selling their products online. Details of the tax are not yet clear however it is expected that online purchases from outside of China will be ...
Tags: Tax, Australian Products, Online Sales, Online Sales Tax
Campbell’s Soup Company has announced it will be completing a packaging transformation by mid-2017 in response to consumer concerns. The decision will affect all of its canned soups. Changes to the packaging will involve the ...
Tags: Campbell's Soup Company, Packaging transformation, BPA
BPI Sports, a sports nutrition company, has announced that it will no longer be utilizing the services of 3rd party distributors. BPI Sports will instead be utilizing their own current infrastructure to distribute straight to retail. This ...
Tags: BPI, BPI Sports, Sports nutrition company, 3rd party distributors
The Toyota Prius v is the only car which has got a good rating for headlights among 31 vehicles, according to a study by the Insurance Institute for Highway Safety (IIHS). A vehicle's price tag does not guarantee the quality of ...
Tags: Toyota Prius v, IIHS, Headlights
With increase in distracted driving, which is contributing to increase in motor vehicle crashes and fatalities, the Property Casualty Insurers Association of America (PCI) is supporting the National Highway Traffic Safety Administration's ...
Tags: Property Casualty Insurers Association, NHTSA, Distracted Driving
China's economy may have just come back for a recovery, recent economic indicators signaled. Latest data showed that China's manufacturing activity rebounded in March to its highest level since last August while non-manufacturing sector ...
UEvolution, a luxury training and fitness gym in Los Angeles, is voicing its concerns on the industry, as its Owner Pascale Rothmann has called for a more stringent certification process for personal trainers. "Anyone can obtain a ...
Members of the ToyNews Retail Advisory Board have united in the belief that the attitudes of the world's major toy suppliers towards the UK's indie scene need addressing before they become too marginalised With talk of big name mergers ...
WASHINGTON, D.C. – The U.S. Consumer Product Safety Commission (CPSC) announced today that Gree Electric Appliances Inc., of Zhuhai, China; Hong Kong Gree Electric Appliances Sales Co. Ltd., of Hong Kong; and Gree USA Sales Ltd., of ...
Tags: CPSP, Gree, Civil Penalty
The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...