Prepared Foods

Giant Food invests $175m to open new store and enhance existing locations

NEWS IN BRIEF

Giant Food invests $175m to update existing stores

By Mary Ellen Shoup

Giant Food, a regional grocery chain in the Washington D.C. area, has invested $175m to remodel 24 of its existing stores and open a new store location over the next two years.

Kraft Heinz to acquire Primal Kitchen for $200m

Kraft Heinz to acquire Primal Kitchen for $200m

By Mary Ellen Shoup

Kraft Heinz has struck a deal to acquire Primal Kitchen, maker of better-for-you (with an emphasis on healthy fats and high-quality proteins) sauces, condiments, and dressings including mayonnaise and avocado oil, for $200m.

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