Sustainability

Raleigh, N.C. -- Northwood Ravin has announced six new service retailers and restaurants for Bradford, the multi-use development in the northeast corner of Davis and High House Roads adjacent to the desirable Preston neighborhood of Cary, North Carolina.

San Francisco -- Simon and NRG eVgo, a subsidiary of NRG Energy, announced the installation of new electric car fast-charging Freedom Station sites that can recharge shoppers' vehicles in 30 minutes or less at four Northern California Simon shopping centers: Vacaville Premium Outlets, Livermore Premium Outlets, Great Mall and Petaluma Village Premium Outlets.

The WhiteWave Foods Company, a leading consumer packaged food and beverage company in North America and Europe, has agreed to acquire So Delicious Dairy Free from its existing shareholders, led by Wasserstein & Co., for approximately $195 million in cash.

Cargill has been helping Unilever reduce its environmental impact, improve sustainability and grow its business through innovation. This work has resulted in Unilever selecting Cargill as its first-ever "Visionary" award winner during its fourth Partner to Win Supplier Summit.

The Retail Industry Leaders Association (RILA) has appointed Sue Pifer as VP of compliance and Tiffin Shewmake as the director of the Center for Retail Compliance (CRC).

“The experience and skills that Sue and Tiffin possess make them uniquely suited for delivering exceptional value to our member companies on a broad range of compliance issues. We are excited to have them join the RILA team,” said RILA president Sandy Kennedy.

Washington, D.C. -- Site and market challenges, underwriting challenges, and operational challenges are the key factors that hamper retail development in some lower-income communities, according to a report from the Urban Land Institute.

The report, Retail in Underserved Communities, defines underserved communities as those that fall into one or more of four categories: urban locations lacking businesses, underserviced markets, locations without cultural offerings, and isolated rural or small towns.

West Sacramento, Calif. -- The U.S. Environmental Protection Agency’s GreenChill Partnership announced that Raley’s Family of Fine Stores received a GreenChill 2013 Achievement Award for extraordinary leadership and initiative in achieving the Partnership’s mission to better protect the Earth’s ozone layer and reduce the impact on climate change through innovative refrigeration systems.

General Mills is in the process of acquiring leading natural and organic food company Annie’s for $46 per share in cash, for a total transaction value of approximately $820 million.  

The transaction consideration represents a 51% premium over Annie’s 30-day average closing price of $30.47 as of Sept. 5. Annie’s will continue to be headquartered in Berkeley, California.