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Study reveals how the cannabis craze will impact drugstore businesses

Consumers also report they will likely consume cannabis for a variety of reasons outside of recreation, according to Nielsen research.
May 10, 2019
According to the latest data from Nielsen, New York, and Headset, Seattle, Wash., consumer interest in purchasing legal cannabis exists across gender and age groups in the United States.
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Study reveals younger generations fuel year-over-year growth of in-store sales

According to the survey, 66% of respondents said they make purchases at a convenience store at least once a month.
May 10, 2019
While traditional retail chain brick-and-mortar stores have struggled, the U.S. convenience store industry is thriving, experiencing 16 straight years of record in-store sales reaching $242 billion in 2018, according to a new study released by GasBuddy, Boston, Mass.
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BC Tree Fruits Cooperative to build new fruit packing facility

The new building will house state-of-the-art apple, cherry, pear and soft fruit packing lines.
May 9, 2019
BC Tree Fruits Cooperative (BCTFC), Canada, purchased 85 acres of land in Kelowna, British Columbia, Canada, to build a new facility under the cooperative’s new “one roof” plan.
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Hain Celestial to sell Hain Pure Protein

The transaction includes Hain Pure Protein's FreeBird and Empire Kosher businesses.
May 9, 2019
The Hain Celestial Group, Inc., Lake Success, N.Y., entered into a definitive agreement to sell all of its equity interest in Hain Pure Protein Corp.
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AGRO Merchants acquires Cool Pak Solutions

Cool Pak operates a state-of-the-art, 175,000-square-foot facility located within the overweight corridor at the Port of Long Beach.
May 8, 2019
AGRO Merchants Group, Atlanta, acquired Cool Pak Solutions, a Port of Long Beach, Calif.-based provider of storage and repacking services.
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Nestlé USA exits DSD network for pizza, ice cream businesses

This change will leverage the warehouse network that Nestlé already uses for its frozen meals and snacks.
May 8, 2019
Nestlé USA, Arlington, Va., announced plans to exit its company-owned frozen direct-store-delivery (DSD) network for its pizza and ice cream businesses and will transition to a warehouse model.
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