Progressive Grocer

Allied Blenders & Distillers (ABD), which owns the mass-whisky Officer's Choice, will divest up to 12 percent of its stake to two overseas PE players -- TPG and Carlyle Capital -- for about USD 250 million to fund its...

Unilever has signed an agreement for the sale of its North America pasta sauces business under the Ragu and Bertolli brands to Mizkan Group for a total cash consideration of approximately $2.15 billion. The annual turnover for Ragu and...

Online grocery player LocalBanya in Mumbai has stocked a large variety of carbide-free mangoes which include raw mangoes, Payari, Badami, Kesar and Alphonso. More recently, it has announced its exclusive tie-up with Sankalp Farms for Organic Alphonso and Kesar...

ITC has forayed into the jelly confectionery space with the launch of Candyman Jellicious. According to the company offiials, the strawberry-flavoured jelly is made with real strawberry pulp with the texture of actual seeds inside and shaped like a...

Indian ice-cream brand Creambell has launched "Saffron Creamballs" to its range of desserts. The "Saffron Creamballs" offer a rich selection of nuts and aroma of cardamom with cream.Speaking on the occasion, Nitin Arora, Chief Executive Officer, Creambell ice-cream, said:...

Arvind Chaudhary, Chief Merchandising Officer at Wal Mart India, has passed away after a brief illness, in Gurgaon. He was 52 years old. He has worked with leading retail companies of the country, in various capacities. He has been...

The Dannon Company has launched Dannon Oikos Greek Frozen Yogurt at New York marking the brand’s first move into frozen products for home consumption category. The new product is available in pint containers (MSRP: $3.99) and six flavours including,...

In an effort to raise visibility for its expertise in fresh produce, C.H. Robinson has created a new global business brand named Robinson Fresh focussing on fresh products. Originally founded as a wholesale produce brokerage house in 1905, C.H....

We recently conducted a survey of the rural supply chain,mainly FMCG distributors, to gauge the consumption trends. Our findings seem to suggest a clear softening in rural demand in the last six months, especially in West and South India.Slowing...

M.P. Ramachandran, Chairman and MD, shares the company's aggressive plans for future growthWhat are your plans for 2014-15?The top priority of Jyothy Labs in the current fiscal year is geographical expansion. We will widen our retail network, initiate advertising...

The Hillshire Brands Company and Pinnacle Foods Inc have entered into a definitive agreement under which Hillshire Brands will acquire all outstanding shares of Pinnacle Foods in a cash and stock transaction.  Under the terms of the agreement, each share...