FourKites, a predictive supply chain visibility company with U.S. headquarters in Chicago, Illinois, has received $50 million in new funding to fuel growth of its real-time visibility network for shippers and carriers. The Series C round was led by existing investors August Capital, Bain Capital Ventures, CEAS Investments and Hyde Park Angels. The funding brings FourKites’ total capital raised to […]
Tag: investment
Posted inRaley's, Corporate Store News, Grocery Store Layout, Home Page Latest News, Industry News, Store News, West
Raley’s Invests In Two Acquired Locations In Reno
West Sacramento, California-based Raley’s has invested in and improved two of its recently acquired Reno, Nevada, area stores. Raley’s in Mira Loma received expanded product offerings while Raley’s on Caughlin Parkway also received expanded product offerings plus a new décor package. When Raley’s acquired the Scolari’s locations earlier this year, each store was set to […]
Posted in, Albertsons, Corporate Store News, Home Page Latest News, Independent Store News, Industry News, Southwest, Store News
Albertsons Invests In Texas-Based El Rancho Chain
Albertsons Cos. says it has made an investment in El Rancho Supermercado. The Latino-focused chain will continue to operate as an independent company headquartered in Garland, Texas. “El Rancho has built a great business with its 16 Texas stores, and we’re confident that we’ll be able to leverage our combined expertise to better serve customers across […]
Posted inSuppliers, Home Page Latest News, National
Mars Says It Will Invest $70M In U.S. Manufacturing
Mars Chocolate North America said Thursday that it will make a $70 million reinvestment in its U.S. supply chain, adding approximately 250 new jobs to sites across the country. The move ensures that more than 95 percent of Mars’ chocolate products for the U.S. are made in America, according to the Hackettstown, New Jersey-based company. […]
Posted inNortheast
Snyder’s-Lance Invests In Natural/Organic Manufacturer
Snyder’s-Lance plans to invest in Natural Foodworks Group (NFG), a food manufacturer specializing in natural and organic products. According to Snyder’s-Lance, the strategic partnership aligns with its mission to expand better-for-you options focused on ingredients, quality and taste. “We are thrilled to partner with the team at Natural Foodworks, a leader in manufacturing innovative and delicious […]
Posted in, Northeast
Boston-Area Domino’s Stores To Hire 1,000, And More…
Foodservice News In Briefs… Domino’s franchise owners are looking to hire 1,000 new employees across 111 stores in the Boston area and in the southern parts of New Hampshire. The open positions are for delivery drivers, customer service representatives, assistant managers and GMs… Thai Union has made a $575 million strategic investment in Red Lobster, […]
Posted in, Equipment & Technology, Home Page Latest News, National, Online Grocery Technology
Dunnhumby Makes Strategic Investment In Aptaris
Dunnhumby, the world’s leading customer science company, says it has taken an equity stake in Aptaris, an enterprise marketing and promotions management technology innovator. This investment follows the announcement of a strategic partnership agreement in January between dunnhumby and Aptaris to integrate their complementary software solutions. Throughout its 25-year history, dunnhumby says it has been […]
Posted in, Beverage News, Home Page Latest News, Southwest, Suppliers
Dr Pepper Snapple Group Increases Investment In BodyArmor Sports Drink
Dr Pepper Snapple (DPS) Group has increased its equity investment in BA Sports Nutrition, makers of BodyArmor, a line of premium sports drinks. The additional $6 million stake builds on the initial $20 million investment announced in August and raises DPS’s ownership position from 11.7 percent to 15.5 percent. Plano, Texas-based DPS has carried BodyArmor as an allied brand […]
Posted in, Southwest, Store News
Kroger Invests $150M In DFW For New Marketplaces And Store Expansions
The Kroger Co. plans to open five new Marketplace stores and expand the size of three existing locations in North Texas over the next two years. In the Nov. 8 announcement, the company said that over the next 24 months it will invest $150 million in North Texas on those projects as well as opening […]