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Yucaipa acquires Fresh and Easy

BY Ryan Chavis

EL SEGUNDO, Calif. — The Yucaipa Cos., a U.S.-based private investment firm, officially acquired Fresh and Easy Neighborhood Market from U.K.-based Tesco PLC, the company said on Wednesday.

Fresh and Easy customers will see numerous changes — including improvements in convenience, hours and customer service —  in the coming weeks.

“We are excited about acquiring the Fresh and Easy business. We are building from a great foundation and see an incredible opportunity to create a healthy, convenient food experience,” Ron Burkle, managing partner of Yucaipa, said.

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Tidy Cats introduces new line of lighter litter

BY Ryan Chavis

ST. LOUIS — Cat litter brand Tidy Cats has introduced new LightWeight 24/7 Performance cat litter, which is 50% lighter in weight than traditional scooping cat litter.

A recent survey of cat owners revealed that 61% of owners hate dealing with heavy cat litter; 35% agreed that one of the top challenges with heavy litters is the inability to carry other items at the same time when bringing it into their home.

Although Tidy Cats’ latest product is lighter than traditional litters, it still maintains the same strength thanks to a combination of clay and natural lightweight minerals, the company said.

“At Tidy Cats, we understand that cat owners are always looking for better solutions — during the holiday season and all year long — and that heavy cat litter is a problem for many people,” Keith Peterfeso, brand manager for Tidy Cats brand cat litter, said. “Tidy Cats LightWeight 24/7 Performance offers a solution for anyone who is tired of dealing with the weight of their current cat litter and looking for a lighter option that doesn’t sacrifice performance.”

Tidy Cats LightWeight 24/7 Performance is now available in an 8.5-lb. jug at select retailers. The product will roll out nationwide beginning in March.

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Stater Bros. promotes CFO

BY Alaric DeArment

SAN BERNARDINO, Calif. — Stater Bros. has promoted David Harris to EVP finance, the southern California supermarket chain said.

Harris began working for the chain in 2009 as VP finance and was promoted to SVP finance in 2011. A year later, he was promoted to CFO and principal accounting officer. Before working for Stater Bros., he was a partner with Ernst & Young in Riverside and Irvine, both cities near San Bernardino, Calif., where Stater Bros. is headquartered.

"Dave’s promotion is well-deserved and attributable to his integrity, dedication and excellent financial management skills," Stater Bros. CEO and chairman Jack Brown said. "Dave is a key contributor to the continued growth of the company."

 

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