Industry News

Booting Up: faces turbulence [Boston Herald]
Strauss Group Ltd. is seeking to reward CEO Gadi Lesin by allocating him NIS 16.9 million in share-based remuneration. At the end of last week, the company published a summons to a shareholders meeting, at which the shareholders will be asked to approve Lesin's remuneration. The remuneration includes an allocation of 525,000 options and 165,000 vested shares."/>
Strauss CEO to receive share options worth NIS 17m [Globes, Tel Aviv, Israel]
Singapore Airlines joint venture's second major advertising campaign after its launch last year. "It is a matter of great pride for me to be associated with Vistara, a brand that is reliable, warm and friendly; a brand that carries the lineage of Tata and Singapore Airlines."/>
Deepika Padukone to be the face of Vistara [Mint, New Delhi]
Kellogg Co. workers who were locked out of a Memphis cereal plant in 2013 and 2014.. A three-judge panel of the 6th Circuit U.S. Court of Appeals on Friday granted the company's petition for review, denied the NLRB's application for enforcement and vacated the NLRB's May 2015 order."/>
Appeals court overturns pro-union order on Kellogg lockout [The Commercial Appeal, Memphis, Tenn.]
M and A Navigator: Deal pipeline –22 August
Rite Aid, which is the largest chain on the East Coast of the US and the third largest in the country overall, invested $10 million in the new Israeli drugstore chain Good Pharm, which inaugurated its first branch on King George Street in Tel Aviv last week. The investors received 49% of the shares in the new chain, with control remaining with founders Adam Friedler and Ohad Sandler. The Grass family no longer owns Rite Aid, but it is..."/>
New Israeli drugstore chain slashes prices [Globes, Tel Aviv, Israel]
Briefcase 8/21/16 [The Leader-Telegram, Eau Claire, Wis.]
Target store in Dinkytown is lined with the holy trifecta of many college diets: mac& cheese, Ramen noodles and peanut butter. As students return to the University of Minnesota campus for the fall semester, the store is packed with boxes of futons, carts of dorm blankets and a whole section at the front dedicated to Gophers gear. Upbeat tunes-- from Beyoncé to old-school R.E.M.-- blare on the speakers overhead creating a party atmosphere, though many..."/>
College campuses are the next big retail battleground for Target, Amazon and more [Star Tribune (Minneapolis)]
General Mills over the $20.4 million in cuts that the company is seeking to keep the Vineland Progresso plant open. Last week, Brian String, president of Local 152, said his team had come up with about $4 million in cuts, and was optimistic that further cost savings could be found."/>
Talks go down to the wire for Progresso's Vineland plant [The Philadelphia Inquirer]
Ryder System Inc., but township officials enthusiastically heralded the news Thursday night during a commissioners meeting. Sara Pandl, Lower Macungie's planning director, said she and other..."/>
Lower Macungie warehouse will bring 100s of jobs, officials say [The Morning Call (Allentown, Pa.)]

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