Web Briefs

Web Briefs
Igloo Recalls Marine Elite Coolers

In cooperation with the U.S. Consumer Product Safety Commission, Igloo Products has recalled its Marine Elite Coolers. The cooler’s stainless-steel latch can automatically lock when the lid is closed, allowing a person to become locked inside the air tight container, posing entrapment and suffocation hazards.

Web Briefs
Fred’s Closing More Stores

SB360 Capital Partners, an asset disposition firm, said it has been retained by Fred’s as the exclusive consultant to conduct store closing sales in 104 additional stores for the retailer.

Web Briefs
Report: Save-A-Lot Exploring Sale

Save-A-Lot, a discount grocer owned by private equity firm Onex Corp., is exploring a sale of all or part of itself, as it deals with increased competition and debt load, according to a recent Reuters report.

Web Briefs
Kroger, Lindsay Goldberg Team On Growing Consumer Product Brands

Kroger and Lindsay Goldberg, a private investment firm that focuses on partnering with families, founders and management teams seeking to actively build their businesses, have formed PearlRock Partners. The new platform will identify, invest in and help grow the next generation of leading consumer product brands, the companies said.

Web Briefs
South Shore Recalls Libra Chests

In cooperation with the U.S. Consumer Product Safety Commission, furnishings manufacturer South Shore Furniture has recalled its Libra style three-drawer chests due to tip-over and entrapment hazards.

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