Ralcorp announced in an SEC filing today that CEO Kevin Hunt would resign after the company's merger with ConAgra was finalized, getting a one-year, $1 million consulting job with ConAgra in return.

Livingston, NJ-based Integrated Bagging Systems (IBS) has acquired Minigrip, LLC, a member of Inteplast Group and a worldwide leader in the manufacture and sale of reclosable (zipper) bags. 

Mylan Inc. subsidiary Mylan Pharmaceuticals Inc. has received final approval from the U.S. Food and Drug Administration for its generic version of AstraZeneca's Atacand HCT, for the treatment of hypertension, the company said.

Montreal-based Saputo announced Monday that it agreed to buy the private label division of Dean Foods for $1.45 billion.

A day after ConAgra Foods announced it agreed to buy Ralcorp and create the largest private label food manufacturer in North America, its president of sales there was much work yet to be done.

Speculation over the motivating factors behind Ralcorp’s decision to be acquired by ConAgra traces the genesis of the transaction from this summer to as far back as last fall.

More than 18 months after Ralcorp first turned down ConAgra’s bid to buy the company, the private label supplier powerhouses announced Tuesday that Ralcorp had agreed to be bought by ConAgra in a deal valued at $6.8 billion.

Exhibitors and attendees of PLMA’s 2012 Private Label Trade Show may have found themselves looking upward for inspiration this year: Upstairs to the new Sky Hall exhibit area, that is.

Planet Retail Senior Vice President Marc Hubbard told the PLMA Live breakfast Tuesday that ecommerce sales of the world’s top three retailers are expected to boom in the next five years, and that Amazon could become the world’s third-largest retailer over that span.