Sturm Foods, maker of hot cereal and powdered soft drinks, has been acquired by TreeHouse Foods for $660 million. Sam Reed, chairman and CEO of TreeHouse, said he expects the hot cereal and powdered soft drink categories to grow.
Two studies indicate that small businesses will increase online marketing efforts in 2010. The leading strategy identified in the research from Vistaprint and Ad-ology was e-mail, respectively followed by Yellow Pages, social networking and search advertising.
Sunflower Farmers Market is set to open its second Santa Fe, N.M., store, Jan. 13, amid events that include food samples and free breakfast items. The natural foods grocery chain has 27 retail locations, and officials want to have more than 50 U.S. stores by 2013.
Copps Food Center in Hurley, Wis., previously said to be closing, will stay open under new owner Miner's and become Super One Foods. Miner's and Roundy's plan to finish the transfer in 2009. Roundy's laid off 56 workers when it said it would previously close the location.