Nestlé sells half of water business to Platinum Equity
The Peranel joint venture will include Perrier and S. Pellegrino and is valued at approximately $5.6 billion.
The Peranel joint venture will include Perrier and S. Pellegrino and is valued at approximately $5.6 billion.
The company will organize its operations into Americas Consumer, International Consumer, Global Food Service and Global Flavor.
“The next big digital media is the physical store,” said Thierry Gadou, chairman and CEO of Vusion.
“I have long admired the 7-Eleven brand, and I am honored to lead SEI at such an important moment in its history,” Leyva said.
At its Investor Day, the company announced a three-year strategic plan to invest in prepared food, technology, and store expansion, with ambitious financial goals through 2029.
Couche-Tard’s Core + More strategy gained momentum with higher merchandise sales, stronger profits, and continued investment in new stores.
The transaction marks the European snack company's debut in the U.S. and positions Utz for long-term growth as a private business.
The retailer said some school supplies start at 25 cents, with over 1,300 more Rollbacks than last year to help families with back-to-school costs.
Retail sales increased again in June as consumers took advantage of summer promotions and began back-to-school shopping early, according to the latest CNBC/NRF Retail Monitor.
The rule “creates significant competition concerns” and “raises substantial antitrust concerns” by allowing third parties to establish fees on behalf of otherwise-competing federal credit unions, MPC said.
The retailer’s legal battle with the Ohio convenience store chain Mickey’s is fueling debate over aggressive trademark enforcement amid rapid expansion.
The company stated the air bridge will accelerate emergency supply delivery and prevent aid delays, as over 650,000 people still need help after June's earthquakes.
Import volumes are set to hit a record high in July as retailers stock up for potential tariff hikes and upcoming back-to-school and holiday seasons.
Permit filings mark the latest step in Aldi’s expansion into Colorado, where it plans to open dozens of locations over the next two years.
New SAP Engagement Cloud analysis highlights the growing role of AI, social commerce, community building, and connected customer data in marketing success.
Grocery retailers are expanding technology, private brands, and wellness initiatives to deliver more value and improve shopping, FMI’s latest industry report says.