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Z Capital Partners acquires Famous Brands
Broomfield, Colo. -- The largest shareholder of Famous Brands, Z Capital Partners, a private equity firm, has acquired the remaining minority ownership stake in the company from The Carlyle Group.
Famous Brands is the parent company of TCBY Yogurt and Mrs. Fields Cookies. -
International speculation has Walmart entering Peru
Peru tends to be a logical new market for many Chilean retailers and Walmart will be next, according to unconfirmed reports from a company executive who spoke to Reuters.
The news agency this week said Walmart, which is already one of the leading retailers in Chile, will begin work this year to open stores in Peru and plans to form a local management team. As expected, Walmart denied the report but did acknowledge it planned to run a quality assurance office in Peru for procuring products.