The day before, "China Newsweek" released "the influence China" person of the year 2016, of which CEO Lei Jun millet was named "China effect" 2016 annual economic figures. The word is said of his: Lei changed the world of Chinese product ...
Tags: China Newsweek, Millet, Lei Jun
United Natural Foods (UNFI) announced that its president and CEO Steven Spinner, was appointed chairman of UNFI’s Board of Directors, effective following the Company’s Annual Meeting of Stockholders in December 2016. Mr. ...
Tags: United Natural Foods, Spinner
Organic food producer United Natural Foods (UNFI) has acquired the outstanding stock and an affiliate along with certain real estate of Nor-Cal Produce for $68.6m cash. With the Nor-Cal Produce acquisition, United Natural Foods intends ...
Home furnishing retailer Ikea today confirmed plans to test a number of new retail formats in the UK. The planned Order and Collection Points aim to make shopping with Ikea easier and more convenient, connecting the in-store and online ...
Tags: Ikea, Home furnishing
Driven by massive reduction in expenses, Future Lifestyle Fashions Ltd (FSFL) slipped in to profits in the fourth fiscal quarter ended March 31, 2015 as against a steep loss in the same quarter of previous fiscal. In a BSE filing, the ...
Shoppers Stop Ltd (SSL), an India based operator of various retail formats reported a revenue jump of 9 per cent from the year ago quarter in the fourth fiscal quarter ended March 31, 2015. In a press release, SSL said it recorded a ...
Tags: Shoppers Stop, retail formats
India-based Mother Dairy Fruit & Vegetable is eyeing to tap the INR5bn ($80m) dairy whitener market in the Northeast region of the country with the launch of its brand ‘Dailycious’ in Guwahati. The company will compete with ...
Tags: Mother Dairy, dairy products
Kishore Biyani led Future Lifestyle and Fashions Ltd (FLFL) reported a 26.68 per cent year on year hike in second fiscal quarter ending September 30, 2014, net revenues. In a filing to the BSE, FLFL said its net sales stood at Rs 874.12 ...
Tags: private equity fund, net profit, Apparel
Future Group, a leading Indian multi-format retailer, has chosen dunnhumby, one of the leading global providers of social marketing and advocacy experts, merchandising analytics software, and advertising technology, as its customer science ...
Tags: social marketing, dunnhumby, Apparel
In its unaudited standalone financial results for the second fiscal quarter ending September 30, 2014, Indian textile major, Arvind Ltd reported a 4.13 percent year-on-year rise in net profits. Arvind, an integrated textiles producer, ...
Tags: Indian textile major, net profits, Textile
Australia-based packaging company Amcor has signed an agreement to acquire Indonesia-based flexible packaging business Bella Prima Packaging for around A$27m ($25.1m). According to Amcor, the purchase price represents seven times CY2013 ...
Tags: Flexible Packaging, Amcor
Consumption of prepared meals in Thailand is forecast to rise at an annual rate of 9.8%, while other South East Asian countries, such as Indonesia and the Philippines, are only expecting respective growths of 6% and 2.3%. According to ...
Tags: Packaged Food, packaging, prepared meals
JDA Software Group, Inc., announced that Shoppers Stop, India’s largest department store chain, purchased additional licenses of JDA Allocation in the third quarter of 2013 to further strengthen the execution of its assortment ...
Tags: JDA Software, Textile
h.h.gregg said its decision to stay above the promotional fray during the holiday season hurt sales. According to preliminary estimates, net sales fell 11.6 percent to $707.1 million, and comp sales decreased 11.2 percent, for the third ...
Tags: h.h.gregg, net sales, comp sales, holiday sales
Rehrig Pacific Company, a leading manufacturer of reusable transport packaging systems for grocery, retail, pharmaceutical, food and beverage, agriculture, and recycling and waste industries has released a study in partnership with Clemson ...
Tags: Manufacturing, Processing Machinery, Packaging Machinery