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PepsiCo, Strauss Group Purchase Sabra
PURCHASE, N.Y. -- PepsiCo and international food and beverage company Strauss Group this week have signed an agreement to jointly acquire Sabra, the top-selling and fastest-growing maker of hummus, eggplant dips, babaganoush spreads, and Mediterranean salsa, available in individual and family packs. -
Tesco's Fresh & Easy Makes Planet Retail's List of Top Global Concepts
LONDON -- Tesco's Fresh & Easy concept in the U.S. is the most innovative supermarket/neighborhood market concept, according to Planet Retail, a global firm that offers "e-intelligence on global retailing." Planet Retail yesterday named the Tesco division as one of the winners of its Innovation Awards, a global list that includes concepts from a variety of industries, including supermarkets.