PSA Group and SAIPA have signed a joint-venture (JV) agreement to produce and sell Citroen vehicles in Iran. This 50/50 joint-venture lays the foundations for a strategic partnership between the two companies. It will cover the entire ...
Tags: PSA Group, SAIPA, JV agreement
Private equity firm Grey Mountain Partners has acquired Mediterranean food maker and distributor Kronos Foods. Financial details about the acquisition have not been disclosed. Based in Glendale Heights, Illinois, Kronos sells gryo meat, ...
McCormick & Company is initiating a voluntary class I recall of 24 oz. club size McCormick original taco seasoning mix, UPC 52100302461 with best by date codes between June 27, 2018 and September 16, 2018 due to an unlabeled milk allergen. ...
Tags: McCormick, recall, taco seasoning mix
‘The event drew a considerable, optimistic crowd and showcased thousands of compelling playthings from our industry’s most creative toymakers,’ says the TIA’s Marian Bossard. The Toy Industry Association’s ...
Tags: TIA, Fall Toy Preview
Visitors to The Entertainer stores across the UK on Saturday, October 8th will be invited to take part in the first-time ever competition to win a haul worth over £13,000. The Entertainer is celebrating its 35th anniversary with a ...
Tags: Entertainer, anniversary, giveaway
Bazooka Candy Brands, a division of The Topps Company, is partnering with the phenomenon, YO-KAI WATCH, to introduce a new range of gummies to the US inspired by the characters of the hit TV series on Disney XD and Nintendo 3DS game. ...
Tags: Bazooka Candy Brands, YO-KAI WATCH, new range of gummies
The Association of Master Upholsterers & Soft Furnishers (AMUSF) has joined The Furniture Ombudsman (TFO) as an affiliate member, to pledge its ongoing commitment to helping the industry improve. This means AMUSF is continuing to raise ...
Last week's Hong Kong Jewellery & Gem Fair set an improved tone for the diamond market despite challenging conditions in the Far East. Overall, it should be considered a good show as dealer trading picked up after a very slow summer. After ...
John Lewis delivered gross sales of £2.02b for the HY ended 30th July – up 4.5%, with LFL sales growth of 3.1%, ahead of its more critical sales and profit-driving second half. Despite growing sales, operating profit fell by ...
Tags: John Lewis, gross sales
Functionality and aesthetics are undeniably important tactile and ocular factors playing a pivotal role in modern retail. Packaging besides containing and protecting the product, acts as the real ‘last mile salesperson’ on an ...
Tags: Uflex, 3D packaging
China shipped 9.54 million wearable devices in the second quarter of 2016, an increase of 13.2% from the previous quarter and up 81.4% from a year earlier, according to IDC's China Wearable Device Market Quarterly Tracker report. Shipments ...
China's consumer goods retail sales grew 10.6 percent year on year in August, accelerating from the 10.2-percent growth posted in July on the back of robust online sales. Total retail sales of consumer goods amounted to 2.75 trillion yuan ...
Tags: consumer goods, retail sales
The supermarket is now set to open more Argos digital concessions in its stores. Sainsbury's has successfully completed its £1.4bn acquisition of Argos owner Home Retail Group. The supermarket is now set to open more Argos digital ...
Tags: Sainsbury's, acquisition, Home Retail Group
Cereal maker Post Holdings’ subsidiary Michael Foods has entered into an agreement to acquire National Pasteurized Eggs (NPE) for undisclosed sum. NPE offers pasteurized shell eggs under the Davidson’s Safest Choice brand and ...
Tags: Michael Foods, Post Holdings, NPE
InfoMotion’s integrated 3PL logistics management software has gone live at Sydney-headquartered M3 Logistics, an independent specialist in warehousing and distribution for suppliers of electrical appliances. InfoMotion icsLogistics ...
Tags: M3 Logistics, InfoMotion