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  • Campbell completes Bolthouse buy

    CAMDEN, N.J. — Campbell Soup Company has completed the acquisition of Bolthouse Farms from a fund managed by Madison Dearborn Partners LLC, a private equity firm, for $1.55 billion in cash. Campbell funded the acquisition through a combination of short- and long-term borrowings.

  • Macy's I.N.C.'s a new brand ambassador

    NEW YORK — Macy's announced that Brazilian actress and model Camila Alves, will serve as the ambassador for it's exclusive I.N.C. International Concepts brand. Beginning this fall and continuing through 2013, Alves will highlight I.N.C.'s fall collection as she appears in a multi-platform campaign with a significant presence in print, digital and in store. Alves also takes on the role of media spokesperson, being at the forefront of all brand messaging such as new initiatives and product launches.

  • The Limited turns to First Insight for predictive analytics

    Fashion retailer The Limited just got smarter about its purchasing and pricing decisions.

    First Insight, a provider of predictive analytics, announced that it had reached an agreement with The Limited to provide predictive analytics for selecting and pricing new products. The company did not elaborate further on the extent of its relationship with The Limited.

  • JCPenney gets extra cash with sale of real estate assets

    PLANO, Texas — JCPenney has sold its interest in Simon Property Group, L.P. back to Simon Property Group Inc. for $248 million in cash, helping the company get back on financial track.

  • Albertsons selects Recall InfoLink for recall process management

    Boise, Idaho -- Albertsons LLC said it has teamed with Recall InfoLink to manage its recall process.

    The supermarket chain is launching the Recall InfoLink deployment in its pharmacy operation. Recall InfoLink improves efficiency by providing standardized messages, automated communications, inventory tracking and reports for compliance efforts. 

  • 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.

  • Hilco Trading names chief marketer

    NORTHBROOK, Ill. — Hilco Trading has named Gary Epstein as chief marketing officer for the company. Epstein will be responsible for Hilco’s overall marketing strategy and execution, branding, market research, etc. across all of the operating companies. Epstein will be taking over the role from Rick Kaye, who has held the position for more than 10 years and will remain with the organization as an EVP until January 2013.

  • 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.

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