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TrueCommerce acquires Netalogue

The Netalogue acquisition forms part of TrueCommerce’s wider strategy to provide a complete unified commerce solution.
December 12, 2019
TrueCommerce, Cranberry Township, Pa., acquired Netalogue Technologies plc, a UK-based provider of B2B e-commerce solutions.
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Wegmans to locate distribution campus in Ashland, VA

The new campus will allow the company to expand its distribution network on the East Coast.
December 11, 2019
Wegmans Food Markets, Rochester, N.Y., announced plans to invest $175 million to establish a full-service, regional distribution operation in Ashland, Va., creating 700 new jobs.
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Report shows cold storage gaining favor with investors for traditional warehouses

However, challenges stemming from the specialized nature of the sector will continue to restrain additional growth in transaction volume.
December 11, 2019
Investors increasingly are warming up to the U.S. cold storage warehousing sector, pushing cap rates for class A facilities closer to those of traditional high-quality warehouses, according to a new report from CBRE, Los Angeles.
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Retail imports surged in November ahead of December tariffs

Nonetheless, the trade war is one of the factors impacting forward-looking models.
December 11, 2019
Volume at major container ports bumped up significantly in November, as retailers imported merchandise ahead of new tariffs set to take effect this month, according to the Global Port Tracker report released by the National Retail Federation, Washington, D.C., and Hackett Associates, Alexandria, Va.
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Nestlé to sell U.S. ice cream business to Froneri

Nestlé will continue to manage its remaining ice cream businesses in Canada, Latin America and Asia as part of its current market structure.
December 11, 2019
Nestlé S.A., Switzerland, reached an agreement to sell its U.S. ice cream business to Froneri for $4 billion.
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Study: Industry lags consumer demand for CBD products

Consumer awareness of and interest in using CBD products shows no signs of slowing down.
December 11, 2019
Many retailers and manufacturers are still playing catch-up to that demand, putting in play billions of dollars in sales, according “2019 CBD Market Survey,” a study produced by A.T. Kearney, Chicago.
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