Dallas, Texas-based Dean Foods Co. and substantially all of its subsidiaries have initiated voluntary Chapter 11 reorganization proceedings in the Southern District of Texas. The company intends to use this process to protect and support its ongoing business operations and address debt and unfunded pension obligations while it works toward an orderly and efficient sale of […]
Category: Home Page Slider
Anheuser-Busch Purchases Remaining Shares Of Craft Brew Alliance
On Nov. 11, Craft Brew Alliance (CBA), a Portland, Oregon-based brewing company that creates craft beers, and Anheuser-Busch (A-B) said they will expand their partnership, with A-B agreeing to purchase the remaining CBA shares it does not already own in a merger transaction for $16.50 per share, in cash. “Today’s announcement represents an exciting next […]
Lipari Foods Founder Vincent ‘Jim’ Lipari Dies At Age 91
Mr. Vincent J. “Jim” Lipari of Birmingham, Michigan, died Nov. 7, 2019, at the age of 91 with his family by his side. Born on May 6, 1928, in Detroit, Mr. Lipari was a longtime Michigan resident. Mr. Lipari founded Warren, Michigan-based Lipari Foods in 1963, after distributing unique products from the back of his […]
Bang Energy Set To Bring More Than 300 Jobs To Phoenix
Westin, Florida-based Bang Energy recently acquired a new 400,000-s.f. manufacturing and distribution facility in Phoenix, Arizona, for $52.3 million. “This state-of-the-art facility will include newly-engineered canning and manufacturing lines to produce our enormously popular Bang energy drinks at blistering speeds of 3,600 cans per minute, said Jack Owoc, CEO and CSO of Bang Energy. Production will also […]
Butterball Launches Limited-Edition Premium Oven-Ready Stuffing
Garner, North Carolina-based Butterball has been in business for more than 60 years. The brand, best known for its turkey, now is offering a line of stuffing. Butterball Premium Stuffing comes in two flavors: Traditional Savory Herb and Cornbread with Turkey Sausage. Pre-packaged in an oven-ready tray, this stuffing goes straight from freezer to the […]
Giant Food Stores Opens Two New Locations In Pennsylvania
Giant Food Stores held the grand opening of both its Columbia, Pennsylvania, store and its Quarryville, Pennsylvania, store on Nov. 8. Giant entered into an agreement to acquire the 40,000- and 50,000-s.f. locations from Musser’s Markets in August. Both stores operate 6 a.m. to 10 p.m., seven days a week and each employ approximately 100 […]
Beauty By H-E-B With Trained Advisors Added In San Antonio Store
H-E-B launched its first Beauty by H-E-B department in San Antonio on Nov. 8. The retailer says it is a highly-curated department with an expanded selection of brands and an experienced team of trained “beauty advisors” to provide expert advice and customer service. “Beauty by H-E-B provides that oasis within the store where the customer […]
Acosta Filing Prepackaged Chapter 11 To Cut $3B Long-Term Debt
Acosta said Nov. 8 that it has reached terms with more than 70 percent of its lenders and more than 80 percent of its noteholders as a precursor to its prepackaged Chapter 11 filing. The Jacksonville, Florida-based sales and marketing agency said the plan will eliminate all of its approximately $3 billion of long-term debt. […]
