The planned acquisition of Hostess Brands by J.M. Smucker is the latest in a series of food mergers.
Retail behemoth Walmart (NYSE: NYSE:WMT) is reportedly contemplating a significant foray into the healthcare industry, with a possible acquisition of a majority stake in ChenMed, a primary care provider for seniors, according to Bloomberg. The deal, which could potentially be worth billions of dollars, is expected to materialize in the coming weeks.
Kroger's (KR) initiative to increase the number of local products available in stores will augment its Fresh for Everyone brand strategy.