Items Tagged with 'ethnic foods'

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Study: Multicultural Americans are re-shaping U.S. grocery

More multicultural shoppers brought grocery prepared foods home in the past 30 days, according to the report.
April 9, 2019
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With the U.S. multicultural population projected to grow by 98 million people in the coming decades, Acosta, Jacksonville, Fla., expects multicultural shoppers will continue to have significant influence on the grocery shopping experience.
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Cava Group acquires Zoe’s Kitchen

The combined companies will have 327 restaurants in 24 states.
August 20, 2018
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Cava Group, Inc., Washington, D.C., entered into a definitive agreement to acquire Zoe’s Kitchen, Inc., a Plano, Texas-based fast-casual restaurant group with 261 domestic restaurant locations.
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Study reveals new product purchasing habits of U.S. Hispanic shoppers

While Hispanic buying power is concentrated in select markets, including New Mexico, Texas, California, Florida, Nevada, Colorado, New Jersey, New York and Illinois, their interest in new products is spread across retail departments.
June 11, 2018
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The Hispanic community is the fastest-growing ethnic group in the nation and spends more than $94.7 billion on CPG products annually, according to a report released by IRI, Chicago.
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Chipotle to move HQs to CA

Over the next six months, Chipotle will transition its Denver and New York office functions to Newport Beach, Calif., and Columbus, Ohio.
May 24, 2018
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Chipotle Mexican Grill announced plans to relocate its headquarters from Denver, Colo., to Newport Beach, Calif.
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Swander Pace Capital acquires Passport Food Group

Passport offers more than 125 authentic, boldly flavored SKUs to national restaurants and retailer chains, including Applebee’s, P.F. Chang’s, Panda Express, Cheesecake Factory and Houlihan’s.
April 7, 2017
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Swander Pace Capital, a San Francisco-based private equity firm specializing in consumer products companies, acquired Passport Food Group.
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