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Author: R. Daneel Olivaw

Hillshire Brands sells Australian bakery business to McCain Foods

  • By R. Daneel Olivaw
  • 19 December, 2012
  • No Comments

The Hillshire Brands Co. has signed an agreement to sell 100% of the shares of its Australian subsidiary Kitchens of Sara Lee Pty Ltd. to a subsidiary of McCain Foods … Continue Reading →

Global beef prices to reach record levels in 2013

  • By R. Daneel Olivaw
  • 19 December, 2012
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The final quarter of 2012 has seen the beef market characterized by slightly larger global supply, driven mainly by the natural recovery of herds in Brazil, Argentina, and Australia. IFT … Continue Reading →

Moody’s Boosts C&S Outlook

  • By R. Daneel Olivaw
  • 19 December, 2012
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NEW YORK — Moody’s Investors Service here said on Wednesday that it has revised its outlook for C&S Group Enterprises to “positive” from “stable” and affirmed its rating on the … Continue Reading →

Obesity tops hunger as global health crisis

  • By R. Daneel Olivaw
  • 19 December, 2012
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According to a report published in The Lancet, obesity may be a bigger health crisis globally than hunger, and the leading cause of disabilities around the world. IFT Daily News

Nash Finch Debt Outlook Lowered

  • By R. Daneel Olivaw
  • 19 December, 2012
  • No Comments

NEW YORK — Moody’s Investors Service here said concerns over Nash Finch Co.’s military supply business and its independent customer base have prompted the debt-ratings agency to lower its outlook … Continue Reading →

Officials Approve 2nd Ill. Site for Heinen’s

  • By R. Daneel Olivaw
  • 19 December, 2012
  • No Comments

WARRENVILLE HEIGHTS, Ohio — Officials in Glenview, Ill., have voted to approve a proposed ground lease that would allow Heinen’s to build a new grocery store there. read more Supermarket … Continue Reading →

Investor Buys Majority Stake in Crossmark

  • By R. Daneel Olivaw
  • 19 December, 2012
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PLANO, Texas — Crossmark here said Wednesday that an affiliate of investment firm Warburg Pincus has agreed to acquire a majority stake in the sales and marketing agency. read more … Continue Reading →

Gallery: Fairway Market’s Thanksgiving Feast for Sandy Victims

  • By R. Daneel Olivaw
  • 19 December, 2012
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In the aftermath of Hurricane Sandy, New York’s Fairway Market organized multiple relief efforts to help residents in need. The retailer, along with community partners, put together a Thanksgiving meal … Continue Reading →

Year in Review: Center Store Launches Innovations, Incentives in 2012

  • By R. Daneel Olivaw
  • 19 December, 2012
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Center Store reported on private-label innovation with more unique alcoholic beverage offerings and the introduction of coffee pods, the increasing use of fuel incentives, and the explosion of mobile apps. … Continue Reading →

Wal-Mart Continues Bribery Investigation

  • By R. Daneel Olivaw
  • 19 December, 2012
  • No Comments

BENTONVILLE, Ark. — In the wake of a New York Times investigation published Tuesday portraying Wal-Mart Stores as “an aggressive and creative corruptor” that grew its Mexico business behind bribes, … Continue Reading →

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