Supervalu Reports Hostess Snacks Flying Off Shelves
After Hostess Brands Inc. filed a motion Friday with a federal bankruptcy court, Supervalu says its stock of Twinkies and other brand products are being bought up.
According to MPR, Supervalu spokesman Michael Siemienas said its 44 Minnesota Cub Foods stores have seen a surge in the number of people purchasing Hostess products like Twinkies, Ding Dongs and Wonder Bread.
Siemienas also said the stores will not be resupplied with Hostess products.
"So once the product is off our shelves," he said in the article. "That is all that we have. So it is literally—we have Hostess products on our shelves while supplies last."
C.H. Robinson Introduces New Technology Platform
Eden Prairie-based transportation and logistics provider C.H. Robinson Worldwide Inc. unvieled its latest supply chain strategy platform, Navisphere.
According to Supply & Demand Chain Executive, the new technology platform was created in response to the increasingly sophisticated supply chain requirements across shippers of all sizes.
“Navisphere allows companies of all sizes to take advantage of the latest technology architecture C.H. Robinson has to offer,” Tom Mahlke, the company's chief information officer, said in the article. “Navisphere provides tools that are easy to use and intelligence that gives businesses the opportunity to follow through on their supply chain strategies.”
MTS Announces Quarterly Cash Dividend Amount
MTS Systems Corporation's board of directors recently declared a quarterly dividend of $0.30 per share.
This is the 124th consecutive quarterly dividend for the gobal supplier of high-performance test systems and position sensors, according to PR Newswire.