-
Aldi’s newest fulfillment center planned for Arizona
A German discount grocer is buying up land in the Grand Canyon State — but not to open stores. Aldi is planning to open a regional fulfillment center in Goodyear, Arizona. The facility will house an office and distribution center, and will create 132 jobs, according to the Phoenix Business Journal. -
Coffee giant makes a blockbuster deal in China
Starbucks Coffee Company has closed the biggest transaction in its history. The coffee giant is buying the remaining 50% share of its East China business from long-term joint venture partners, Uni-President Enterprises Corporation and President Chain Store Corporation. The deal is worth approximately $1.3 billion (USD) — the largest single acquisition in the company’s history, according to Starbucks.