Wednesday July 30, 2014 – 10am
Posted Jul 30, 2014 02:43:55 PM.
This article is more than 5 years old.
10:00- Rob Gerlsbeck, Editor of Canadian Grocer Magazine
The new owner of frozen-food retailer M&M Meat Shops Ltd. is making an unlikely bet on frozen fare in a fiercely competitive grocery market that is favouring fresh foods. Private equity firm Searchlight Capital Partners LP of Toronto acquired M&M, from Waterloo Region, this week with the aim of investing millions of dollars into bolstering the business at the chain’s roughly 400 stores and reversing their sliding sales. M&M is Canada’s largest specialty frozen-food purveyor.
@robgerlsbeck w/ @CanadianGrocer
10:30- Matt Coutts, Yahoo! National Affairs Reporter
There are many mysteries surrounding the milk industry in Canada, the most pressing of which is our desire to sell the delicious dairy beverage in bags, and why Americans find that so odd. But there’s another container clash brewing, this one surrounding a 3-litre jug that is set to shake up the milk industry. Although why such a container would be so scandalous remains somewhat of a mystery. The Ontario Milk Act determines what size of milk containers are currently permitted and while 1-litre, 1.5-litre and 2-litre containers are allowed, 3-litre containers are oddly left off the list. Milk can also be sold in a container that is four litres or larger, in increments of one litre. So basically, milk jugs are approved in any litre size except three.
@MRCoutts
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