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Morning Buzz: October 28

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Morning Buzz 1028
Posted at 10:51 AM, Oct 28, 2020
and last updated 2020-10-28 10:51:11-04

1. Hopcat is under new ownership. The previous owners, Barfly Ventures, filed for bankruptcy earlier this year.

The chain sold for $17.5 million to Congruent Investment Partners and Main Street Capital.

There are 14 different restaurants half of which are in Michigan.

2. Perrigo is bringing their headquarters, and 170 new jobs, to Grand Rapids.

The global health and wellness manufacturer plans to invest $44.7 million in their new office over the next 15 years.

It's being built by Rockford Construction within MSU's Grand Rapids research center off Monroe Avenue.

Perrigo's current North American Headquarters is in Allegan, and they plan on keeping their presence there.

They employ more than 4,000 people in West Michigan. Job openings for their new headquarters will be posted on their website in the coming weeks.

3. Every year Grand Rapids gets in the holiday spirit with the Santa Parade in downtown Grand Rapids, but this year will be a little different.

The Grand Rapids Jaycees say the Santa Parade is still a go for 2020, but it'll be a reverse parade, meaning it'll be a drive-by event.

Entrants will park on Wealthy, between Indiana and Garfield, and the public will be able to drive by in their cars.

Since there will be no walking or standing allowed, parade viewers are encouraged to get in on the fun and decorate their cars.

The Santa Parade is scheduled for Saturday, November 21 from 10 a.m. to 1 p.m. Stay up to date on the Facebook Event Page.

4. Shipping companies expect a busy holiday season to be even busier this year.

Companies like FedEx and UPS say the increase in online orders due to the pandemic will make the holiday shipping season more crowded.

Despite adding tens of thousands of seasonal employees, companies say there is only so much space to ship packages.

Experts say companies may try to cash in on a busy shipping season by charging even higher fees for packages sent closer to Christmas.

If you work best under a deadline, they say the best advice is to mail packages by December first to make sure they get there on time.

5. It's National Chocolate Day, which is nothing short of a special tribute to mankind's greatest culinary invention.

The history of chocolate goes back 2,500 years. Aztecs loved their newly discovered liquid chocolate to the extent that they believed the God of Wisdom, literally bestowed it upon them.

Several present-day chocolate companies began operations in the 19th and early 20th centuries.

Cadbury started in England by 1868. Milton S. Hershey started his company some 25 years later here in the U.S.