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Whole Foods aiming for 1,200-plus stores; first 365 unit to open in Los Angeles
2015-07-30 12:39:35| Grocery - Topix.net
Whole Foods Market on Wednesday posted disappointing third quarter earnings and revenue, but it also gave out some more details about its new, value-driven store concept. The company revealed that it will debut the format, 365 by Whole Foods Market, in the second half of next year, with the first store opening in the Silver Lake section of Los Angles.
Alibaba cloud unit sets sights on Amazon in US$1 billion global push
2015-07-30 06:52:25| IT Services - Topix.net
China's Alibaba Group said on Wednesday it would invest US$1 billion into its Aliyun cloud computing arm to challenge Amazon.com lucrative Web Services division, opening a global front in the battle between the two e-commerce giants. With the global cloud computing market estimated by analysts to be worth about US$20 billion, Alibaba said in a statement the investment would go toward setting up new Aliyun data centres in the Middle East, Singapore, Japan and Europe .
TreeHouse Foods, Post Holdings reportedly bid for ConAgras Ralcorp unit
2015-07-30 01:00:00| Food Processing Technology
ConAgra Foods that is planning to divest its private label unit Ralcorp for an estimated $3.5bn is said to be engaged in talks with TreeHouse Foods and Post Holdings regarding the sale.
BMW i novel drive unit swing arm powers HNF eBike
2015-07-27 18:55:31| Green Car Congress
Teva nears deal for Allergan's generic drugs unit: Source
2015-07-26 18:24:45| Biotech - Topix.net
Teva Pharmaceutical Industries Ltd is in advanced talks to buy Allergan Plc's generic drug business following a thus far unsuccessful effort to acquire peer Mylan NV , according to a person familiar with the matter. REUTERS: Teva Pharmaceutical Industries Ltd is in advanced talks to buy Allergan Plc's generic drug business following a thus far unsuccessful effort to acquire peer Mylan NV , according to a person familiar with the matter.
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