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...Steve Spinner, the chief executive of United Natural Foods, said the deal would bolster the company’s product range, which is currently centered around natural, organic and specialty foods like grass-fed...
...Mr Van de Put is joining from McCain Foods, a CAD$9.1bn privately held Canadian company that is the largest marketer and manufacturer of frozen french fries, potato specialties and appetizers....
...Sprouts operated 268 stores in 15 states as of May 3, making it one of the largest specialty natural foods retailers in the US. Whole Foods is substantially larger, with 461 stores....
...Over the last two years Whole Foods’ sales figures have been languishing due to increasing competition in specialty foods from the likes of Kroger, Wal-Mart and Costco....
...Same-store sales have declined for six consecutive quarters; at Kroger, the largest pure food retailer, they rose in five of the last six. The whole “specialty” sector trades at a discount....
...The coffee price war that has broken out among US fast food chains has taken the jolt out of Dunkin’ Brands’ first quarter results....
...A merger would bring together a wide-ranging roster of US cable channels, including Animal Planet, TLC and the Discovery Channel, owned by Discovery, and the Food Network and HGTV, owned by Scripps....
...paints, detergents, foods, plastics, cosmetics and pharmaceuticals....
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...Investors who have waited for meaningful signs about what comes next may have the first hints as Akzo Nobel revealed that it was studying ways to separate its specialty chemicals business, possibly through...
...The grocery sector has faced increasing competition as consumer preference has shifted towards natural and organic food, pressuring high-end specialty grocers like Whole Foods....
...In a speech earlier this year chief executive David MacLennan said that while the company would keep buying GMO crops, “we are also excited about value-added opportunities presented by specialty supply chains...
...The grocery sector is low growth and has faced increasing competition as a preference for natural and organic food had gone mainstream and put high-end specialty grocers like Whole Foods under pressure....
...The company makes soya-based polyols and polymers that go into foam cushions, for example, and formulates specialty egg products cooked in fast-food restaurants....
...The chemicals roll-up, Platform Specialty Products, and a consumer products conglomerate, Nomad Foods, are both down by about two-thirds....
...The companies — Valeant Pharmaceuticals, Altice, Platform Specialty Products and Nomad Foods — have all grown rapidly by making a string of big acquisitions facilitated by record-low interest rates....
...Its chicken specialty, paired with unlimited rice, became a phenomenon, shaking up a fast-food market dominated by western-style fried chicken....
...The share prices of Platform Specialty Products — which along with Nomad was also founded by dealmaker Martin Franklin — and Valeant Pharmaceuticals, have also fallen sharply....
...Mr Franklin recently set up Nomad Foods, an investment vehicle, to buy brands in the food retail sector....
...Its rival, Archer Daniels Midland, last year spent $170m to acquire Specialty Commodities, which secures organic foods from around the world and offers organic-certified pasteurisation for nuts, legumes,...
...But those ventures — Platform Specialty Products, a chemicals company, and Nomad Foods, a frozen-foods group — have struggled in recent months....
...Most recently, Mr Franklin launched another special purpose acquisition vehicle called Nomad Foods with billionaire Noam Gottesman to acquire frozen foods businesses....
...High-end or “specialty coffee”, which includes the coffee made from pods as well as artisanal drip brew, now accounts for more than half of all coffee consumed in the US....
...chemicals group Platform Specialty....
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