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Report unveils consumer shopping preferences based on generation

While the shopping journey varies depending on the customer, product and even season, there are similarities within generational groups.
April 18, 2019
It is essential for retailers to understand the shopping preferences of their target audience to design the right shopping experience that appeals to their customers, according to the “2019 Consumer Shopping Habits – The Generation Gap” report, produced by BRP Consulting, Boston.
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Shore Capital Partners closes food, beverage fund

The inaugural food and beverage fund will partner with entrepreneurs and seasoned executives to drive impactful growth.
April 18, 2019
Shore Capital Partners, Chicago, announced the closing of its inaugural food and beverage fund, Shore Capital Food & Beverage Partners Fund I (F&B Fund I), which raised $148 million.
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Study: Processed seafood market worth $267.3B, seafood processing equipment market worth $1.9B by 2023

The fish segment is projected to be the fastest-growing segment due to the highly perishable attributes.
April 18, 2019
The processed seafood market is projected to reach $267.3 billion by 2023, at a CAGR of 5.2% from 2018, while the seafood processing equipment market is projected to reach $1.9 billion by 2023, at a CAGR of 5.6%, by 2023, according to new market research from MarketsandMarkets, New York.
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Greenbrier to acquire American Railcar Industries’ manufacturing business

The acquisition will diversify Greenbrier's U.S. manufacturing presence, as well as broaden its product offerings with the addition of complementary designs.
April 18, 2019
The Greenbrier Cos., Inc., Lake Oswego, Ore., entered into an agreement to acquire the manufacturing business of American Railcar Industries (ARI), Saint Charles, Mo., from ITE Management LP, New York, for $400 million.
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Taylor Farms acquires Earthbound Farm

Earthbound Farm will join the Taylor Farms Retail Group and help lead growth in the organic fresh produce category.
April 12, 2019
Taylor Farms, Salinas, Calif., acquired Earthbound Farm, San Juan Bautistsa, Calif., from Danone SA, effective immediately.
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Amazon acquires Canvas Technology

Both companies share a common vision for a future where people work alongside robotics to further improve safety and the workplace experience.
April 12, 2019
Amazon, Seattle, Wash., acquired Canvas Technology, a Boulder, Colo.-based robotics startup that builds autonomous carts that move goods around warehouses.
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Sysco acquires J & M Wholesale Meats, Imperio Foods

J & M Wholesale Meats and Imperio Foods, sister companies based out of Modesto, Calif., operate throughout northern California and Oregon.
April 12, 2019

Sysco Corp., Houston, Texas, acquired J & M Wholesale Meats and Imperio Foods, Inc. for approximately $44 million in combined annual sales.


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Albertsons to pilot increased transparency for Romaine lettuce

Albertsons, which operates nearly 2,300 stores across the United States, will pilot IBM Food Trust for tracing bulk Romaine lettuce from one of its distribution centers.
April 12, 2019
Albertsons Cos., Boise, Idaho, joined the blockchain-based IBM Food Trust network, North Castle, N.Y., to begin piloting technology designed to improve how food is traced from farm to store shelf.
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