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  • Campbell expands fresh food offering with Bolthouse buy

    CAMDEN, N.J. — Campbell Soup Company has agreed to buy Bolthouse Farms from a fund managed by Madison Dearborn Partners, LLC, a private equity firm, for $1.55 billion in cash. Founded in 1915, Bolthouse is a vertically integrated food and beverage company focused on developing, manufacturing and marketing proprietary, high value-added natural, healthy products.

  • TrueConnect launches exclusive mobile broadband service at Walmart

    LOS ANGELES — TruConnect Mobile LLC has launched a new prepaid mobile broadband service called Internet on the Go, exclusively at Walmart.

    The new offering features a service plan from TruConnect with no monthly fee and where the data balance never expires (if used once a year). This is different from other low-cost prepaid monthly services where unused megabytes are wasted at the end of the month – potentially driving up the cost.

  • TruConnect and Walmart debut new prepaid mobile broadband service

    Los Angeles -- TruConnect Mobile LLC announced it has partnered with Walmart Stores to deliver a new prepaid mobile broadband service called Internet on the Go.

    The new offering, which is exclusively sold at Walmart, features a service plan from TruConnect with no monthly fee and where the data balance never expires (if used once a year). This is different from other low-cost prepaid monthly services where unused megabytes are wasted at the end of the month – potentially driving up the cost.

  • SRS announces exec promotions

    Dallas -- SRS Real Estate Partners announced the promotions of two team members. Tom Power and Todd Wallace both have been promoted to executive VP.

    Power has more than 13 years at SRS and is a managing partner for SRS Real Estate Partners – Northwest, LLC. He also serves as market leader for SRS' Northern California markets: San Francisco, San Jose and East Bay.

  • Kenneth Cole gains controlling stake in namesake company

    NEW YORK — Kenneth Cole, chairman and chief creative officer of Kenneth Cole Productions will now be the holder of approximately 46% of the company's common stock and will have 89% of the voting power. The deal was made possible through an agreement between Kenneth Cole Productions and Cole's controlling entity KCP Holdco.

  • Kenneth Cole will take his namesake company private in $245 million deal

    New York -- Kenneth Cole Productions said its board has approved founder Kenneth Cole's offer to buy up the remaining part of the company that he doesn't already own in a deal worth $245 million.

    Cole, currently the chairman and CEO of Kenneth Cole, holds about 46% of its outstanding common stock and controls 89% of its voting power. He will pay $15.25 for each share of the company that he doesn't already own.

  • Bed, Bath & Beyond buys Linen Holdings

    UNION, N.J. — Bed Bath & Beyond has expanded its business with the all cash acquisition of Linen Holdings, LLC for approximately $105 million.  Based in Gibbsboro, New Jersey, Linen Holdings LLC is a privately-held, value-added distributor of bath, bed and table linens, other textile products and amenities to customers in the hospitality, cruise line, food service, health care and other industries.

  • Macy's broadens presence in China with luxury website investment

    CINCINNATI — Macy's is offering customers in China access to an assortment of its highly regarded private brand merchandise through a Macy's section on Omei.com, a newly established China-based online retailer of in-season luxury and fashion brands operated by VIPStore Co., Ltd.

  • Macy’s in deal with online retailer in China

    Cincinnati -- Macy's Inc. will start selling some of its private brand merchandise directly to shoppers in China through a deal with an online retailer there.

    The chain said it will the goods through a Macy’s section on Omei.com, a newly established China-based online retailer of in-season luxury and fashion brands operated by VIPStore Co., a Chinese e-commerce firm and parent company of Omei.com

  • Albertsons LLC leverages QR codes to help consumers perfect steak grilling

    BOISE, Idaho — Albertson’s LLC has implemented an in-store program that will allow customers to scan a QR code using their smartphones to access recipes with tips for grilling Steakhouse Choice cuts of meat.


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