Chinese-owned pork producer gobbles up iconic American hot dog maker
Smithfield Foods purchases Nathan's Famous, in a major food industry acquisition, for $102 per share, resulting in a $450 million all-cash deal.
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Costco borrows tech upgrade from competitor to boost member experience
Costco is streamlining its checkout process with a digital wallet and pre-scanning technology, making shopping faster and freeing up parking spaces for members.
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Popular alcohol brands could be forced to sell off inventory after bankruptcy setback
Stoli vodka and Kentucky Owl bourbon makers face potential asset liquidation as creditors push to convert Chapter 11 bankruptcy to Chapter 7 proceedings.
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