Hints and tips:
...become one of two co-CIOs....
...It did so without appearing to contact the co-op at the heart of it. When the FT did just that, Eric Faidherbe, president of the workers’ co-op, said: “I’m involved in a bit of a crazy story here.”...
...DD wonders how many potential LPs will get to the bottom of how it really works before committing money to the new fund....
...The private equity firms buying into each other’s deals DD has told you before about the close relationship between KKR co-founder George Roberts and Egon Durban, co-head of Silver Lake....
...The agreement with Rakuten follows a two-year partnership between Walmart and the ecommerce group aimed at cracking Japan’s nascent but growing grocery delivery market....
...Swiggy has opened over 1,000 cloud kitchens of its own and last year launched grocery delivery and a service that allows users to recruit couriers for orders of a more random nature, like picking up flowers...
...Job moves Citigroup has named Douglas Adams and James Fleming co-heads of equity capital markets....
...Executives at these firms highlighted the ruthless competition in the fragmented UK grocery market sector and cited the frequent price wars in the industry....
...Mr Kirsh, 84, who owns grocery businesses, real estate and private equity investments around the world, came in at number 21 on this year’s Sunday Times Rich List with a £4.4bn fortune thanks to his controlling...
...“Too many will be left obsolete in their 50s and bagging groceries otherwise.”...
...It is the social effect which keeps customers coming back, instead of going to the grocery store....
...“Grocery brands [have] much better margins,” said Bob Golden of food industry consultancy Technomic. “They’re reducing their dependency on meat.”...
...The grocery retail sector is crowded by players from warehouse club operators like Costco and discount shops such as Dollar General to upscale chains such as Whole Foods Market....
...The combined company would create the third largest grocery retailer by revenues after Walmart and Kroger....
...Billion Over Three Years Thursday outlined a three-year investment plan of 1.5 trillion rupees ($26 billion) to further expand its businesses which range from gas production and oil refining to selling groceries...
...Reliance Industries Ltd Thursday outlined a three-year investment plan of 1.5 trillion rupees ($26 billion) to further expand its businesses which range from gas production and oil refining to selling groceries...
...“We are pleased to be making this investment and look forward to helping build long-term value for all stakeholders,” said Lenard Tessler, co-head of global private equity at Cerberus....
...Cerberus is among those buyout firms still interested in buying the entirety of Supervalu, which operates grocery stores including the Albertsons, Shaw’s and Star Market chains....
...Kraft Foods, the world’s biggest biscuit maker, surprised analysts and investors last year when it announced plans to divide itself into a global snacks company and a North American grocery company, which...
...Supervalu lost nearly half of its market capitalisation, plummeting 49 per cent to $2.69 after the US’s third-largest grocery chain’s earnings missed expectations....
...Green Mountain Coffee Roasters dropped 7.8 per cent to $21.32 after the grocery chain operator Kroger said it plans to sell private label coffee pods to compete with the company’s Keurig single-cup machine...
...The $48bn business is being divided into a global snacks company and a North American grocery company....
...Cost cuts in its refrigerated foods division and its turkey business offset rising raw material costs for its grocery products and speciality food segment....
...Boots said initial results from a co-marketing experiment with the grocery chain Waitrose had been encouraging....
...That comes after grocery and drink brands have been carried off to the very countries multinational companies want to expand into themselves....
International Edition