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  • Nestle Says Emerging Markets Help It Show Rise in Profits

    Nestle, the world's biggest food company, said today that sales ofits packaged food increased in emerging markets, compensating for slower growth in the United Statesand in Western Europe and helping to lift first-half profit 13 percent.

  • McCain Foods, Heinz to Acquire Anchor Food Products

    McCain Foods Limited will acquire the production facilities and food service business of Anchor Food Products Inc. in a three-party transaction. H.J. Heinz Company will purchase the company's branded products sold to retail outlets, including supermarkets and club stores.

  • Bread & Circus Opens Third Store in Cambridge
    Bread & Circus Whole Foods Market, the world's largest natural and organic foods supermarket, will open its third store in Cambridge on Aug. 22. Located at 340 River Street (just off Memorial Drive), the state-of-the-art natural foods supermarket is the company's largest in Massachusetts.

  • Longs Drugs to Acquire Full Ownership of RxAmerica
    Longs Drug Stores Corporation (NYSE: LDG - news) today announced that it is exercising an option to purchase the interest of Albertson's Inc. (NYSE: ABS - news) in its joint venture, RxAmerica.

  • Sara Lee Corp. Completes Acquisition of Earthgrains
    Sara Lee Corporation announced on Tuesday that it has completed its acquisition of The Earthgrains Company, the number-two player in the fresh bread category. The combined bakery operations of Sara Lee and Earthgrains, which will now be named the Sara Lee Bakery Group, together generate approximately $3.4 billion in annual sales.

  • Mott's to Acquire ReaLemon and ReaLime Brands
    Mott's Inc., a wholly-owned subsidiary of London-based Cadbury Schweppes plc, announced on Tuesday it had agreed to acquire the ReaLemon and ReaLime brands and related assets from Eagle Family Foods Inc. for $128 million.

  • Nash Finch Acquires U Save Foods' 14 Supermarkets
    Nash Finch Company on Monday announced its completed acquisition of U Save Foods Inc. through a purchase of U Save's capital stock. Headquartered in Omaha, Neb., U Save Foods was a privately-held company with 14 supermarkets operating in Nebraska, Kansas and Colorado.

  • PepsiCo to Make Several Organization Changes Following Merger With Quaker
    PepsiCo today announced several organization changes designed to help the company gain the full benefit of its recently completed merger with The Quaker Oats Company.

  • ProGro/Cannondale Awards Dinner Slated for November 1 in Chicago
    The fourth annual Progressive Grocer ProGro and Cannondale Associates PowerRanking Awards banquet, celebrating the "best of the best" in retailing and manufacturing, is scheduled for Nov. 1 at the Intercontinental Hotel in Chicago.

  • Heinz to Buy Branded Mexican Frozen Food Producer from Fenway Partners
    Fenway Partners, a private investment firm, announced today that The H. J. Heinz Company has purchased Delimex, a rapidly growing producer and distributor of branded, high-quality frozen Mexican foods. Terms of the transaction were not disclosed.

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