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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.

Over the past three years, Target Corp., Minneapolis, has been helping startup companies learn the ropes of retail through its growing portfolio of accelerator programming.

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.

AGRO Merchants Group, Atlanta, acquired Cool Pak Solutions, a Port of Long Beach, Calif.-based provider of storage and repacking services.

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.

IRI, Chicago, released its “2018 New Product Pacesetters,” which highlights the most successful new product launches across food and beverage and convenience store sectors, among others.

HorizonScan, Fairfield, Iowa, released findings for Q4 2018, noting an increase in food integrity issues in key categories such as meat and meat products, poultry, seafood, milk and dairy.