Editors Note: WholeFoods Magazine recently reported on a new partnership between Mother’s Market & Kitchen and Mill Road Capital investment firm. Our very own merchandising editor Jay Jacobowitz provides some insight on the potential of this new partnership and what it means for the supernatural retail space.
Washington — On Monday, February 8, the U.S. Department of Agriculture (USDA) awarded $20.1 million in grants to university researchers to go toward research or extension projects aimed at helping producers combat Huanglongbing (HLB), or citrus greening disease as it is more commonly known. According to Secretary Tom Vilsack, this disease has affected over 75% of Florida citrus crops and continues to threaten production across the United States.
In a quarterly 10-Q SEC filing on Friday, Fairway Group Holdings, corporate parent of Fairway Market, revealed if the company’s financial performance does not improve or financing from an additional third-party is not obtained, the company may fall out of compliance with financial covenants at the end of its fiscal year in April.
Fort Collins, CO—A new study published in PLOS ONE by researchers from the U.S. Department of Agriculture and the University of Washington has found evidence of genetically modified alfalfa contaminating feral populations of the plant.
Ronkonkoma,NY—According to StreetInsider.com, NBTY, Inc., sold its Vitamin World retail business to private equity firm Centre Lane Partners for $25 million. The transaction may close as early as mid-February 2016.
Palm Beach Gardens, FL—Garden of Life LLC is asking retailers to take certain lots of its Raw Meal Organic Shake & Meal off shleves due to possible Salmonellavirchow contamination. Four flavors—Chocolate, Original, Vanilla and Vanilla Chai—are affected by the recall.