The bankrupt maker of Necco Wafers, Sweethearts conversation hearts and other beloved American candies has a new owner. The Ohio-based Spangler Candy Co. had the winning $18.83 million bid for the New England Confectionery Co. at a federal bankruptcy auction in Boston. Wednesday’s acquisition ensures at least a short-term future for the candy maker better […]
Category: Snacks Brands
Posted inSuppliers, Bakery News, Beverage News, Center Store, Dairy News, Deli News, Frozen Food, Grocery News, Home Page Latest News, Marketing News, Meat/Seafood/Poultry, National, Nonfood Items, Snacks Brands
BrandSpark Lists 2018’s Most Trusted Brands In The U.S.
Market research firm BrandSpark International has announced the winners of its 2018 BrandSpark Most Trusted Awards for CPG brands in the U.S. (See list below.) More than 15,000 household shoppers participated in the online survey and determined America’s most trusted brands in food & beverage, personal care & beauty, household & pets and over-the-counter health. Now […]
Posted inSnacks Brands, Bonus Content, Grocery Industry, Grocery News, Grocery Store Layout, Home Page Latest News, National, Shelby Signature Content, Suppliers
Mars Wrigley’s Front-End Plan Can Bring ‘Instant’ Double‑Digit Growth
by Terrie Ellerbee/editor-Midwest & Southwest As food retailers know very well, the majority of consumers no longer eat three sit-down meals every day. They are snacking instead. It is no surprise, then, that the fastest-growing category in the check lane is snacks. Yet snacks only get about 8 percent of the space there, Rimsha Baig, […]
Posted inSnacks Brands, Bakery News, Grocery News, Home Page Latest News, National, Specialty, Suppliers
Mondelēz To Acquire New York’s Tate’s Bake Shop
Mondelēz International has signed an agreement with global private equity firm The Riverside Co. and other shareholders—including Tate’s Bake Shop founder Kathleen King—to acquire Tate’s for nearly $500 million. Mondelēz says the deal gives it entree into the premium cookie market. Tate’s was founded in 2000 on Long Island, New York, producing cookies and baked goods. Mondelēz says […]
Posted inGrocery News, Center Store, Home Page Latest News, Snacks Brands, Suppliers
NECCO Reportedly Facing Bankruptcy Auction May 23
Revere, Massachusetts-based New England Confectionery Co., or NECCO, reportedly is facing a bankruptcy auction on May 23. The Boston Globe reported that Boston liquidator Gordon Brothers plans to commit to operate the company through November if it has the winning bid at auction. To qualify, cash bids must be at least $13.9 million and be filed by […]
Posted inNortheast, Center Store, Grocery News, Snacks Brands, Specialty
Melville Candy Co. Owners Named Mass. Small Business Persons Of Year
The U.S. Small Business Administration has named Gary and Joseph Melville, father-and-son owners of Melville Candy Co. in Randolph, Massachusetts, as the Massachusetts Small Business Persons of the Year. “We were stunned to get this incredible news,” said Gary Melville, master candy maker. “My uncles started making candy in Boston in the 1940s, and it has […]
Posted inSnacks Brands, Bonus Content, Grocery News, Guest Contributors, Home Page Latest News, Midwest, Shelby Signature Content
Meet Gen Z: Snacking Is Convenient, Efficient And Preferred By Younger Consumers
by Claire Lentsch/a contributor to The Shelby Report Editor’s note: Shelby Midwest Editor Terrie Ellerbee met Claire Lentsch at the 2017 Supervalu National Expo in St. Paul, Minnesota. Lentsch was invited to share her perspective as a member of Generation Z (born since the mid-1990s) and a consumer. Snacking is replacing family meals. A lack […]
Posted inFood Service News, Association News, C-Store News, Grocery Industry, Home Page Latest News, National, Snacks Brands, Store News
NACS: C-Store Sales Up For 15th Straight Year In 2017
U.S. convenience stores experienced a 15th straight year of in-store sales and a fourth straight year of $10 billion-plus in pretax profits, according to newly released State of the Industry data from the National Association of Convenience Stores (NACS). U.S. convenience stores sales overall surged 9.3 percent to $601.1 billion in 2017, led by a 14.9 percent increase […]