Shareholders overwhelmingly voted to approve the agreement pursuant to which affiliates of Sycamore Partners will acquire The Jones Group for a total transaction value of approximately $2.2 billion.
Goya Foods opens four new facilities in Texas, Georgia, California and New Jersey as part of a $250 million investment for a global expansion to support consumer demands of Goya's healthy product lines.
The support will include early management of food safety issues and collaboration with local universities, research institutes and government agencies on food safety issues.
Todays consumer-driven marketplace, along with the rise of social media, means bad news travels fast. The quality of a companys supply chain is often times directly linked to the companys brand and image.