• Bloomberg reports that BJ's Wholesale Club "is seeking $1.625 billion in loans to refinance debt and pay a dividend." BJ's was acquired last year by Leonard Green & Partners LP and CVC Capital Partners.
• The Florida Times-Union reports that "Winn-Dixie has donated a 50-foot refrigerated semi-trailer containing about 13,000 pounds of food to Second Harvest North Florida ... The semi-trailer will replace an existing one that is no longer road-worthy and is being used as an auxiliary refrigeration unit to store perishable food items. The food will help restock the Second Harvest's Jessie Street warehouse, which has been nearly emptied of nonperishable food inventory by increased demand and a decreased food and monetary donations."
• The Jacksonville Business Journal reports that six months after getting into the foodservice business, Acosta Sales & Marketing is acquiring four companies in the segment - United Foodservice Sales, Innovative Foodservice Marketing, Premier Sales Associates and Joyner Brokerage Company.
• The Milwaukee Journal-Sentinel reports that "in 2011, total U.S. beverage milk sales were 53 billion pounds - about 6 billion gallons - the lowest level since 1984, according to U.S. Department of Agriculture figures released in August. Whole milk beverage sales in 2011 were less than half their level from the early 1980s, according to the Agriculture Department."
The reason: "Shifting consumer habits and a flood of new beverages in the marketplace, including sports drinks and bottled teas, have taken a toll on beverage milk sales..."
• The Florida Times-Union reports that "Winn-Dixie has donated a 50-foot refrigerated semi-trailer containing about 13,000 pounds of food to Second Harvest North Florida ... The semi-trailer will replace an existing one that is no longer road-worthy and is being used as an auxiliary refrigeration unit to store perishable food items. The food will help restock the Second Harvest's Jessie Street warehouse, which has been nearly emptied of nonperishable food inventory by increased demand and a decreased food and monetary donations."
• The Jacksonville Business Journal reports that six months after getting into the foodservice business, Acosta Sales & Marketing is acquiring four companies in the segment - United Foodservice Sales, Innovative Foodservice Marketing, Premier Sales Associates and Joyner Brokerage Company.
• The Milwaukee Journal-Sentinel reports that "in 2011, total U.S. beverage milk sales were 53 billion pounds - about 6 billion gallons - the lowest level since 1984, according to U.S. Department of Agriculture figures released in August. Whole milk beverage sales in 2011 were less than half their level from the early 1980s, according to the Agriculture Department."
The reason: "Shifting consumer habits and a flood of new beverages in the marketplace, including sports drinks and bottled teas, have taken a toll on beverage milk sales..."
- KC's View:
