Paramount Baking Gets Assistance To Expand, Create Jobs

February 9, 2017 Macomb Daily

Paramount Baking Co., Inc., a Roseville based flat bread manufacturer, has received Michigan Strategic Fund approval for up to $1,063,167 in collateral support for a new $2,130, 596 commercial loan provided by First State Bank.

Nielsen Delivers Transparency To Food Labeling Data With Launch Of Product Insider

February 9, 2017 The Nielsen Company

Delivering greater product transparency about real ingredients and attributes, Nielsen Product Insider will allow food fast-moving consumer goods (FMCG) companies and retailers to: understand sales performance, shopper demographics, and create custom segmentation, as well as product trends and personalization needs for health & wellness consumers.

Lidl Replaces CEO After Less Than Three Years

February 9, 2017 Emma Thomasson, Reuters

German discounter Lidl, which has expanded rapidly in Europe to become one of the continent's biggest retailers, has replaced its chief executive for the second time in less than three years because of differences over strategy.

Whole Foods To Slow Expansion

February 9, 2017 The Associated Press

Whole Foods is hitting the brakes on its ambitious expansion plans as sales keep dropping at existing stores.

Aldi Spends $1.6B On Upscale Look With Downscale Prices

February 9, 2017 Leslie Patton, Bloomberg

The discounter is spending $1.6 billion to upgrade 1,300 U.S. stores while keeping its prices low. It’s the biggest remodeling investment ever by Aldi U.S., which is controlled by a faction of Germany’s billionaire Albrecht family.