Month: March 2014

Grupo Bimbo Cleared Under The Hart-Scott-Rodino Act To Proceed With Canada Bread Transaction

March 25, 2014 Canada Bread Company, Limited

Canada Bread Company, Ltd. announced that further to the previously announced agreement to sell all of the Company's issued and outstanding common shares to Grupo Bimbo, S.A.B. de C.V. of Mexico ("Grupo Bimbo"), that Grupo Bimbo has received clearance from the U.S. Department of Justice under the Hart-Scott-Rodino Act to proceed with the transaction. The Canadian Competition Bureau has previously cleared the transaction. …

Fiera Foods' Growth Attracts Ontario Government Support

March 25, 2014 Fiera Foods Company

Fiera Foods Company, one of North America's leading privately-owned bread and bakery product manufacturers, announces its gratitude to the Ontario Ministry of Agriculture and Food for its $1.5 million in support of Fiera Foods' platform for continued growth and global competitiveness. …

Tennessee Governor Signs Supermarket Wine Bill Into Law

March 25, 2014 Lucas L. Johnson II, Associated Press

Folks waiting for the neighborhood grocery store to stock their favorite merlot or chardonnay may have to wait a little longer even though Gov. Bill Haslam has signed a law to allow supermarket wine sales in Tennessee. …

Paul Hertz Named A&P President & CEO

March 25, 2014 A&P

The Great Atlantic & Pacific Tea Company, Inc. (A&P) announced that Paul Hertz has been named President and Chief Executive Officer of the company, effective immediately. Since joining A&P in 2010, Hertz has held the role of Chief Operating Officer.  As president and CEO, Hertz will be responsible for the leadership and strategic direction of the company, including oversight and implementation of all business and marketing decisions, as well as support of ongoing growth initiatives. …

Wal-Mart's New Tool Gives Competitor's Prices

March 25, 2014 Staff Reporter, The Associated Press

Wal-Mart told The Associated Press that it has rolled out an online tool that compares its prices on 80,000 food and household products — from canned beans to dishwashing soap — with those of its competitors. If a lower price is found elsewhere, the discounter will refund the difference to shoppers in the form a store credit. …