Tipton, Pa. — New Pig Corporation, the leading brand for helping workplaces manage leaks, drips and spills to create safer, cleaner and more productive environments, now offers PIG® Grippy® Floor Mats, designed to keep entrances and walkways safer and significantly cut potential liability claims and costs.
News
Seattle — Online retail giant Amazon has agreed to acquire high-end grocery chain Whole Foods Market Inc. for $13.7 billion. The all-cash transaction amounts to $42 per share and includes the Austin, Texas-based grocer’s net debt. Whole Foods Market will continue to operate stores under the Whole Foods Market brand. John Mackey will remain CEO of Whole Foods Market, and the company’s headquarters will remain in Austin.
Nashville, Tenn. — Captain D’s, the leading fast-casual seafood restaurant, has partnered with leading development firm American Development Partners (ADP) to propel the company’s ongoing aggressive franchise development plans. Captain D’s has enlisted ADP to aid franchisees in the development of new locations by facilitating the acquisition of land and overseeing construction.
Los Angeles — BCBG Max Azria Group, LLC (BCBG) and certain of its affiliates have reached an agreement on a comprehensive restructuring which contemplates the sale of substantially all the assets of the company through a Chapter 11 plan to Marquee Brands LLC and Global Brands Group Holding Limited.
New York City — Soupman, Inc. has filed for Chapter 11 bankruptcy protection. Soupman also has secured a new $2 million debtor-in-possession credit facility (DIP) to allow business operations to continue as normal. Michael Wyse of Wyse Advisors, LLC has been hired as chief restructuring officer and interim CFO of Soupman.
Atlanta — Tropical Smoothie Cafe will open its 600th location on June 23, 2017 in Joplin, Mo. Located at 3025 South Main St., the newest location marks a landmark achievement for the brand in the midst of its 20th anniversary year and emphasizes the company’s plans to open at least 100 new restaurants nationwide by the end of this year.
East Hartford, Conn. — Dur-A-Flex, Inc., a leading manufacturer of commercial, industrial and institutional seamless, resinous floor and wall systems, has added Trevor Evans to its growing sales force as territory sales manager, serving the Northwest region of the country.