The Megadrought is Just One Factor Driving Up the Price of Your Bread
A perfect storm of trouble—extreme dry conditions, a volatile commodity market, and climbing expenses—have millers and bakers passing on rising costs to customers. …
Month: July 2021
Harris Williams Advises Pamplona Capital Management on its Pending Sale of BakeMark USA, LLC to Clearlake Capital Group, L.P.
BakeMark is a category leader in the baking industry, with quality products, quick delivery and strong R&D capabilities. The transaction is being led by Tim Alexander, Brant Cash, Andy Warczak and David Stead of the Harris Williams Consumer Group. …
Instacart Announces Next-Gen Fulfillment Initiative for North American Retailers
As part of the new initiative, the company announced it has signed a multi-year strategic deal with Fabric as a fulfillment automation partner. With Instacart next-gen fulfillment, the company will integrate leading software and robotics solutions with Instacart’s proprietary technology and growing shopper community to create new e-commerce services for retail partners and an even faster, more effortless online grocery shopping experience for customers. …
Loblaw Companies Limited Moves Forward with Plans to Electrify Fleet with the Introduction of Freightliner eCascadia
Loblaw Companies Limited took an important step on its journey to move its corporately-owned trucking fleet to electric vehicles, with the introduction of Daimler Trucks North America’s (DTNA) battery-electric Freightliner eCascadia to routes in British Columbia. The company first trialed the eCascadia in early 2020 as part of Freightliner’s Customer Experience (CX) fleet. Now, Loblaw has placed an initial order for five vehicles to be delivered in 2022/2023. …
Introducing the First Amazon Fresh Grocery Store
Amazon announces the Amazon Fresh grocery store—a new grocery store designed from the ground up to offer a seamless grocery shopping experience, whether customers are shopping in-store or online. We’ve taken our decades of operations experience to deliver consistently low prices for all, and FREE same-day delivery for Prime members. …