by John McCurry / contributing writer Are plant-based substitutes for meat, dairy and other animal products morphing from trend to staple? Some of the sector’s proponents believe so. These alternatives point to soaring sales over the past two years and increased interest from venture capitalists in investing in startups. “Consumers now more than ever are […]
Category: Southwest
Borden Dairy Completes Sale To Capitol Peak Partners, KKR
Dallas, Texas-based Borden, a dairy company founded in 1857, says it and certain affiliates have finalized the approximately $340 million sale of substantially all Borden assets to Capitol Peak Partners and KKR. This transaction allows Borden to be appropriately capitalized with the business intact, including all plants, branches, routes and the Borden brand. The new Borden entity will […]
Walmart Invests $428M More In Associates With Another Special Bonus
Bentonville, Arkansas-based Walmart says it will pay out another special cash bonus to store, club, distribution center and fulfillment center associates for their ongoing contributions and dedication to serving customers, members and communities during this unprecedented time. The special bonus will be $300 for full-time hourly associates and $150 for part-time hourly and temporary associates. […]
Kalera To Open Texas’ Largest Vertical Farming Facility In Houston
Technology-driven vertical farming company Kalera says it will open a new state-of-the-art growing facility in Houston, Texas, in the spring of 2021. The new Houston facility – which will be the largest vertical farming facility in Texas – is the next step in Kalera’s rapid domestic and international expansion plan to bring consumers fresh leafy […]
Loveland, CO, Home To Third Walmart Supply Chain Training Academy
The Loveland, Colorado, Walmart Distribution Center, in operation at 7500 Crossroads Blvd. since 1990, celebrated yet another grand opening July 16 — this time as the retailer’s third supply chain training academy in the U.S. The Loveland Walmart Supply Chain Academy joins academies in Sanger, Texas, and Washington Courthouse, Ohio, and is patterned after the […]
HumanCo Acquires Majority Interest In Coconut Bliss
Austin, Texas-based HumanCo, a mission-driven holding company focused on healthier living and sustainability, says it has acquired a majority stake in organic, plant-based ice cream company Coconut Bliss. The companies will work together with the goal of growing the Oregon-based ice cream producer into a globally recognized brand. As one of the first pioneers in the […]
My/Mo Mochi Ice Cream Balls Come To 7-Eleven Stores
Irving, Texas-based 7-Eleven Inc. has a new reason to celebrate National Ice Cream Day on Sunday, July 19. The convenience retailer has introduced a My/Mo Mochi Ice Cream balls. A new two-pack, designed especially for the grab-and-go market, contains two individual My/Mo Mochi premium ice cream balls in Ripe Strawberry and Sweet Mango, wrapped in sweet mochi dough. Suggested […]
Walmart, Sam’s Club Will Require Shoppers To Wear Face Coverings
Walmart and Sam’s Club say they will require all shoppers to wear a face covering starting Monday, July 20. In a website posting by Walmart U.S. Chief Operating Officer Dacona Smith and Sam’s Club COO Lance de la Rosa on July 15, the companies cited spikes in the number of confirmed COVID-19 cases in communities […]
