Mouser signs global deal with ATP Electronics to help in the distribution of storage and memory solutions
Key Signals in Retail and Consumer Goods
Centre setup and Expansion Ikea launches its new store in Bengaluru The company will also provide relocation support to its employees who opt to move to Bengaluru under the “relocation policy.” Notably, Ikea has been sourcing products for its global supply chain from India since the 1970s. Read More>> MINISO opens first UK flagship in Westfield London The new store is located on the first floor of Westfield London, the largest shopping center in Europe, right next to the Shepherd’s Bush underground station. Directly operated by MINISO, this 2880 sq. ft retail space features a wide range of design-led lifestyle products, including toys, tech, stationery, accessories, home, food, and beauty. Read More>>Deals Mouser Electronics signs global agreement to distribute ATP Electronics’ storage and memory solutions According to the agreement, Mouser now offers customers ATP Electronics memory cards, SSDs, and managed NAND devices for industrial and automotive applications. Read More>> Brenntag Food & Nutrition extends distribution agreement with Marigot for Sweden Brenntag Food & Nutrition has extended the agreement with Marigot for the exclusive distribution of Marigot’s range of plant and marine-based minerals in Sweden as of June 2022. The new geographic territory is an expansion of the existing cooperation in Denmark. Read More>>Mergers and Acquisitions Nestle buys New Zealand-based honey brand The company has added to its portfolio of health-focused assets with the acquisition of Auckland-based The Better Health Company. The deal is the latest acquisition made by the world’s largest food company as it looks to take on more businesses centered on health and wellness. Read More>>Partnership Bulldogs partner with Carlton & United Breweries The new deal means Bulldogs fans can enjoy beers such as Great Northern Super Crisp, Peroni Nastro Azzurro, and 4 Pines in the corporate areas at NRL home games and all Canterbury League Club venues. Read More>>Executive Movement Bed Bath & Beyond Inc. appoints new Chief Accounting Officer and Head of Treasury Bed Bath & Beyond Inc. named Laura Crossen as the new Senior Vice President of Finance and Chief Accounting Officer, and Susie A. Kim as Senior Vice President of Treasury and Investor Relations, effective immediately. Read More>> Hostess Brands appoints Darryl Riley as company’s Chief Sustainability Officer In his new role, Riley will expand the company’s capabilities to develop and execute strategies to drive its Environmental, Social, and Governance (ESG) objectives and initiatives. Riley will also lead efforts to build awareness, education, training, and measurement programs that inspire employees to embrace sustainability and integrate ESG into the company culture. Read More>>Financial and Market Activity Supermarket Sainsbury’s set for first-quarter results With its first-quarter results, the company will become the latest supermarket group to shed light on the impact of soaring living costs on consumers. The business follows its larger rival, Tesco, which revealed shoppers are changing spending habits to save cash last month. Read More>>
Latest Industry Insights from Draup Braindesk
Key Funding Alert
Collage Group raises USD 25 million to help marketers like Procter & Gamble and Meta reach diverse consumers
The company raised USD 25 Mn in a round led by Wavecrest Growth Partners. Collage Group charges a membership fee for data and cultural intelligence in areas including generation and LGBTQ+ to help companies like Procter & Gamble, Facebook parent Meta, and McDonald’s market to diverse consumers. Its first outside fundraising, was raised to attract more blue-chip clients. Read More>>
Startup Spotlight
Company – Smytten Total Funding – USD 21.84 Mn About: Smytten is an online discovery platform for premium products and services. The company also offers assisted shopping and customized offers for the more advanced shopper, along with the ability to build their own wishlist for regular purchases. Read More>>
Latest Reports Published in Draup
Loblaw Companies Limited Account Intelligence Report
Loblaw focuses on improving connected healthcare options and wellness solutions by using digital technologies that help make healthcare more accessible for patients. Read More>>
Albertsons Account Intelligence Report
With a focus on developing products and services, Albertsons provides integrated digital solutions such as deploying smart carts and implementing food waste reduction technology. Read More>>
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