Corporate Governance

Rite Aid is issuing a food-contact materials restricted substance list and requiring own brand suppliers to certify that its packaging and packaging components comply with it, as well as federal and state packaging laws.

The prepared foods service, acquired by Nestlé last year, has hired Anna Fabrega to be its chief commercialization officer; she helped lead the Amazon Kitchen own brand.

The grocer said it was a record year for its Our Brands, including the Simple Truth brand exceeding $3 billion in sales for the year.

Half Dollar Tree, half Family Dollar, the combination store concept is growing under Dollar Tree as it looks to open 600 stores in 2021.

Imported from Italy and created exclusively for 7-Eleven, the chain has introduced Serafina, a mineral water brand that joins its recent Icelandic water Skýra.

The online delivery service raised $265 million, increasing its valuation to $39 billion.

Jana Partners recently asked the company to sell, and with the appointments, the two organizations entered into a cooperation agreement.

Opening with the new brand Nestwell this month, six new private brands will launch over the next six months and 10 over the next two years.