The Supply Side

by The City Wire staff -

Heinz to shed 600 office jobs

The H.J. Heinz Co. announced it will eliminate 600 office positions as it transitions to a private company. These cuts have been initiated after an investment consortium comprised of Berkshire…

by The City Wire staff -

Robust growth woos local firms to Africa

The newest frontier ripe with growth opportunities is an ocean away but several Northwest Arkansas-based companies are poised to benefit from these burgeoning economies within sub-Sahara Africa.  Earlier this week,…

by The City Wire staff -

Retailer imports expected to rise

Following negative numbers in four of the last five months, import volume at the nation’s major retail container ports is expected to grow 1.7% in August, over last year, according…

by The City Wire staff -

Ackman off the J.C. Penney board

Outspoken board member and J.C. Penney investor Bill Ackman called it quits on Tuesday, (Aug. 13), as he suddenly resigned from the board. Ackman released this statement: "At this time,…

by The City Wire staff -

Pinnacle Foods acquires Wish-Bone brand

Pinnacle Foods said it will pay $580 million for the Wish-Bone salad dressings business from Uniever. “The acquisition of Wish-Bone is a perfect fit with our successful strategy of ‘Reinvigorating…

by The City Wire staff -

The Supply Side: Wal-Mart supplier briefs

• Advantage Sales makes acquisition
 Advantage Sales & Marketing announced the acquisition of Program Sales Inc., a food brokerage company focused on meat, seafood, deli and bakery clients and customers….

by The City Wire staff -

June retail sales indicate modest growth

Consumer spending and retail sales ended the second quarter on a soft note, indicating that economic growth and acceleration has weakened, according to the National Retail Federation. June retail sales,…