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Mi9 Retail to acquire MyWebGrocer

The addition of MWG enhances the Mi9 Retail suite, giving the company an entry into the grocery vertical and positioning Mi9 even more aggressively within fast-moving consumer goods.
October 19, 2018
Mi9 Retail, Miami, Fla., announced plans to acquire MyWebGrocer (MWG), Colchester, Vt.
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HelloFresh acquires Chefs Plate

With the integration of Chefs Plate and its customer base, HelloFresh will serve a wider product variety in the meal plan industry to Canadian consumers.
October 18, 2018
HelloFresh, New York, entered into an agreement to acquire Chefs Plate, a Canada-based meal kit brand.
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Study reveals brick-and-mortar grocery is still king

Despite a 4-point year-over-year increase, the number of regular online food and beverage purchasers is still only 17%.
October 18, 2018
Food and beverage categories have seen an increase over the last two years, as many major retailers experienced same-store sales rise thanks to an increase in median income and a low unemployment rate, according to the 6th Annual Food and Beverage Consumables Study.
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Study: Changing lifestyles spur growth in frozen foods

North America is the leading region in regards to consumption of frozen processed food.
October 18, 2018
The global market for frozen processed food was $57.50 billion in 2014, and will be worth $69.11 billion by 2021, exhibiting a CAGR of 2.7%, according to a report published by Transparency Market Research, Albany, N.Y.
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Hearthside Foods to acquire Greencore USA

The Greencore USA acquisition expands and diversifies the Hearthside network to 38 production facilities in the United States and Europe.
October 17, 2018
Hearthside Food Solutions, Downers Grove, Ill., acquired Greencore USA, a Downers Grove, Ill.-based frozen contract packager and producer of refrigerated, fresh-made sandwiches, entrées and salad kits.
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Study: Consumer spending on value-added products drives gains

Rising demand from foodservice establishments will also support growth.
October 17, 2018
U.S. demand for processed food is forecast to grow 1.8% annually in nominal terms through 2022, according to “Processed Food: United States,” a report released by Freedonia Focus Reports, Cleveland, Ohio.
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