American manufacturers lost an estimated $119 billion in output and some 80,000 jobs in 2016 and 2017 due to a highly preventable administrative hiccup: The U.S. Export-Import Bank, which serves as a vital bank of last resort for American manufacturers, could not produce a quorum on its board of directors in 2015 and subsequently saw […]
With the constant rollout of new trends, products and terminology in the rapidly developing wellness industry, it can sometimes be hard to get an accurate picture of what’s really moving the needle. Fortunately, Grovara partner SPINS, the leading wellness-focused data technology company and a passionate advocate for natural brands, has created a common language and […]
With only 6% of U.S. exports coming from its own manufacturers, there is a world of opportunity for American wellness brands to go global. A recent Council on Foreign Relations article details more about why that opportunity exists. Manufacturing exports are roughly three times as important to the European Union economy than the U.S., giving […]
Americans still eat too much added sugar — as much as 3.5 times more than current recommended amounts — but things are improving for both consumers and makers of non-sugar sweeteners. An infographic from The Food Insider Journal and underwritten by food conglomerate Cargill reveals that 80% of Americans are trying to limit or avoid […]
High-value, consumer-oriented foods are now the largest category of U.S. agricultural exports to Mexico, according to a recent U.S. Department of Agriculture news release, and American wellness brands can get an up-close look this fall on a USDA-led trade mission to Mexico City Nov. 6-8. The application deadline for the trade mission has been extended […]
Home Depot bought Home Way, a Chinese home improvement company, in 2006. The acquisition marked the first time Home Depot had expanded beyond North America. With a booming economy and strong real estate market, China seemed like an easy win for Home Depot. Within six years, the company had closed all its stores in China. […]
In today’s on-the-go, fast-paced world, quick, convenient and portable snacks are king. And with today’s consumers more health-conscious than ever, those convenient snacks need to provide the right kind of nourishment. It should come as little surprise, then, that the global market for wellness bars continues to thrive. According to data from SPINS, the U.S. […]
Carrefour SA has agreed to sell an 80% stake in its China unit for 4.8 billion yuan ($698 million) in cash to local retailer Suning.com Co. as it rethinks its exposure in the world’s No. 2 economy after years of decline. The yielding of control comes after a long search for a partner for […]