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Acuity Brands LED lighting

Acuity Brands acquires The Luminaires Group

TLG’s indoor and outdoor lighting fixtures are marketed to architects and engineers.
September 10, 2019
Acuity Brands, Inc., Atlanta, and its wholly-owned subsidiary, Acuity Brands Lighting, Inc., announced plans to acquire The Luminaires Group.
Read More
La Bonanza avocado import facility

La Bonanza opens import distribution center in Texas

La Bonanza has packed and shipped avocados to the United States and Canada for 25 years.
September 10, 2019
La Bonanza, Uruapan, Mexico, opened an import and distribution facility in Mission, Texas, for avocados and guacamole products.
Read More
Whole Foods produce

Study: Quality, transparent sourcing drive Millennial food choices

80% of Millennials value quality when it comes to food shopping, and nearly 70% are willing to spend more money on high-quality foods.
September 10, 2019
Quality drives Millennial food shopping, according to a new survey presented by Whole Foods Market, Austin, Texas.
Read More

New Culture closes $3.5M seed funding led by Evolv Ventures

New Culture uses fermentation instead of animals to make dairy proteins.
September 10, 2019
New Culture, a San Francisco-based animal-free dairy cheese processor, announced the closing of $3.5 million in seed round funding led by Evolv Ventures, Kraft Heinz’ Chicago-based venture capital fund.
Read More

Study unveils the rise of marketplace fast-casual

Venues like farmers’ markets and food halls appeal to all demographics.
September 10, 2019
A new report from Y-Pulse, Chicago, explores the emergence of a new segment in the fast-casual restaurant sector.
Read More
default robotics

Shopify to acquire 6 River Systems

With this acquisition, Shopify will add 6 River Systems’ cloud-based software and collaborative mobile robots to its newly released Shopify Fulfillment Network.
September 10, 2019
Shopify Inc., Canada, announced plans to acquire 6 River Systems, Inc., a Waltham, Mass.-based provider of collaborative warehouse fulfillment solutions.
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Study: Increasing awareness about food preservation expected to drive growth of commercial food refrigeration equipment

This study predicts that the refrigerators and freezers segment is estimated to outpace other product types of commercial food refrigeration equipment market by 2027.
September 10, 2019
The global commercial food refrigeration equipment market is estimated to expand at a CAGR of ~6% during the forecast period, according to a report released by Transparency Market Research, Albany, N.Y.
Read More
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Report finds 28% of consumers use CBD products daily

Nearly 28% of consumers currently use CBD products daily or as-needed.
September 10, 2019
A new report from Acosta, Jacksonville, Fla., revealed CBD usage trends and what retailers and manufacturers can do to capitalize on the increasing demand.
Read More

Study: Financial incentives increase fruit, vegetable consumption among lower-income households

Compared to the controls, incentivized shoppers—who receive an immediate 50% discount on qualifying fruit and vegetables—increased weekly spending on those items by 27%.
September 10, 2019
Health Affairs, Bethesda, Md., examined the effects of a financial incentive on purchases at a single supermarket by primary shoppers from low-income households who had at least one child.
Read More
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Formosa Plastics announces $332M expansion

The company estimates that 15 new jobs will accompany the expansion.
September 10, 2019
Formosa Plastics Corp., Livingston, N.J., unveiled plans to invest $332 million in its Baton Rouge, La., facility to boost production of polyvinyl chloride resin (PVC).
Read More
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