Today, Kings Food Markets (Kings) is proud to open its newest location in Gillette, N.J. with a signature pasta-ribbon cutting ceremony beginning at 10:00 a.m. The Gillette store not only incorporates the features Kings has piloted in other locations since its brand relaunch in 2012, but it also introduces many new concepts. …
Retail M&A has been relatively healthy in recent years. We saw big transactions such as David’s Bridal’s sale by TPG Capital and Leonard Green to Clayton Dubilier & Rice for $1 billion and Party City Holdings, which was flipped last year to Thomas H. Lee Partners for $2.7 billion from a trio of PE firms including Advent International, Berkshire Partners and Weston Presidio. …
British supermarket giant Tesco thought it had the Yanks all figured out. But slightly more than five years after it opened its first Fresh & Easy Neighborhood Market in California, Tesco is considering selling the money-losing chain and leaving the United States altogether. …
The U.S. Department of Agriculture is seeking nominations for the Mushroom Council. The Mushroom Council includes eight U.S. producers and an importer. The U.S. members represent three production territories: Region 1, which covers the District of Columbia, Puerto Rico and all states except Pennsylvania, which is Region 2 and California, which is Region 3. …
The National Mango Board (NMB) in conjunction with the University of California, Davis (Department of Plant Science) and the University of Florida (IFAS Center for Food Distribution and Retailing) will be hosting a free Mango Temperature Management and Ripening Program Webinar on Thursday, Apr. 4, 2013 at 4 p.m. Eastern time. …
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