Global Partners LP plans to sell 13 convenience store properties in the Northeast. The properties are located in Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New Jersey and New York. Global Partners has retained NRC Realty & Capital Advisors to coordinate the offering and sale of the properties. Sealed bids are required to be received by […]
Category: Northeast
Posted inNortheast
McCormick Buying Italian Flavor Manufacturer
McCormick & Co. of Sparks, Maryland, will acquire Enrico Giotti SpA, a major Italian flavor manufacturer located in Florence, Italy. Giotti is known in the industry for its innovative beverage, sweet, savory and dairy flavor applications. Annual sales are nearly $56 million. McCormick officials say the acquisition expands the breadth of value-added products for its industrial […]
Posted inNortheast, Sustainability News
Several Grocers Recognized For Efforts To Reduce Food Waste
U.S. Agriculture Secretary Tom Vilsack and Environmental Protection Agency (EPA) Administrator Gina McCarthy have announced the inaugural class of the “U.S. Food Loss and Waste 2030 Champions.” These are U.S. businesses pledging concrete steps to reduce food loss and waste in their operations by 50 percent by 2030. These companies include Ahold USA, Blue Apron, Bon […]
Posted inNortheast
Eataly Marketplace To Open In Boston On Tuesday
Eataly—an Italian marketplace that includes a variety of restaurant, food and beverage counters, retail items and a cooking school—will open in Boston on Nov. 29 at the Prudential Center. The 45,000-s.f., three-story building will feature 10,000 artisanal products from Italy and New England. It also will include four restaurants, 10 eateries, two cafes, a cannoli […]
Posted inNortheast
Soupman Partners With Boston Market Founder To Expand Distribution
Soupman, makers of gourmet soup that inspired the famous “Seinfeld” soup episode, is partnering with George Naddaff, the founder of Boston Market, to bring its soups to restaurant partners and other foodservice venues across the U.S. Naddaff is the chairman and CEO of Business Expansion Consulting Co., a Boston-based M&A advisory and consulting firm that focuses on […]
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Giant Food Recognized With Business Philanthropy Award
Giant Food recently received the Maryland Chamber of Commerce’s Business Philanthropy Award in the large business category. The award, which is a joint program of the Maryland Chamber of Commerce and the Baltimore Business Journal, recognizes Maryland businesses that have demonstrated a commitment to improving the quality of life for Maryland residents through extraordinary philanthropic […]
Posted inNortheast
Giant Food, Safeway Workers Vote To Ratify Union Contracts
UFCW Local 400 members working at Giant and Safeway stores throughout the Baltimore-Washington, D.C., area have voted to ratify new union contracts. A statement issued by Local 400 said, “We didn’t get everything we wanted, but both contracts include several key improvements over our previous collective bargaining agreements, including higher starting pay; more frequent wage progression increases; wage […]
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620-Plus Businesses Urge Congress Not To Repeal Financial Reforms
More than 620 businesses have signed a letter addressed to congressional leaders asking them to not overturn swipe fee reform. The letter notes that the financial reforms “are critical to U.S. businesses and our customers. The debit card fee and rule reforms prescribed in Section 1075 of the Wall Street Reform and Consumer Protection Act have […]