The SABMiller board of directors has unanimously rejected Anheuser-Busch InBev’s latest offer to buy the company for GBP 42.15 per share in cash, which would have given it a value of nearly £68 billion, or $103.6 billion. A-B made the proposal today. The offer is the company’s third for SABMiller; the prior two were written […]
Category: Suppliers
Posted in, Midwest, Suppliers
ConAgra Foods Cutting 1,500 Jobs As It Readies For HQ Move
ConAgra Foods has unveiled what it calls “restructuring plans” in order “to improve profitability, advance its growth agenda and unlock shareholder value.” ConAgra says it expects to realize at least $300 million of efficiency benefits within the next three years through a combination of reductions in SG&A and enhancements to trade spend processes and tools. […]
Posted in, Frozen Food, Perishables, Southwest, Suppliers
Consumer Support Slows Expansion Of Blue Bell Market Re-Entry
Blue Bell Ice Cream will enter phase two of its five-phase market re-entry plan on Nov. 2. Phase two includes north central Texas (Dallas, Fort Worth and Waco areas) and north central and southern Oklahoma (Tulsa and Oklahoma City areas). “We have experienced tremendous consumer response and support since our return to stores on Aug. […]
Posted in, Center Store, Executive News, Southeast, Suppliers
Flowers Baking Co. Gets New President
Flowers Foods has named Chris Mulford president of Flowers Baking Co. of Thomasville, Georgia, a subsidiary of Flowers Foods. Mickey Miller, current bakery president, retires after 42 years of service with the company. Mulford began his career with Flowers in 1987. Holding several sales positions with the company, he most recently served as VP of […]
Posted in, Beverage News, Center Store, National, Suppliers
242 Breweries Take Home Medals at 2015 Great American Beer Festival
The 2015 Great American Beer Festival (GABF) competition in Boulder, Colorado, awarded 275 medals to some of the best commercial breweries in the U.S., plus three GABF Pro-Am medals to teams of amateur brewers paired with professional brewers. Presented by the Brewers Association, GABF is the largest commercial beer competition in the world and a […]
Posted in, Beverage News, National, Suppliers
Coca-Cola Streamlining Production With Formation Of New National Product Supply System
The Coca-Cola Co. says it has taken another significant step toward building a stronger, more streamlined production system in its flagship market by announcing the formation of a new National Product Supply System (NPSS) in the U.S. The mission of the NPSS will be to facilitate optimal operation of the U.S. product supply system for […]
Posted in, Executive News, National, Suppliers
Dean Foods Names Scozzafava COO
Dean Foods Co. has named Ralph Scozzafava to EVP and COO, effective Oct. 1. He will continue to report directly to CEO Gregg Tanner. In his new role, Scozzafava will continue to oversee the commercial functions of sales, marketing and R&D along with the addition of operations and procurement and logistics. “I’ve really enjoyed the […]
Posted in, Amazon Fresh, Grocery News, National, Store News, Suppliers, Whole Foods
Most Trusted Brands In America Revealed
Reader’s Digest has released the results of the Reader’s Digest Trusted Brand Survey, which makes its debut in the U.S. in the October issue, on newsstands Sept. 15. More than 4,500 Americans across the nation took part in the online survey, which awarded the “Reader’s Digest Most Trusted Brand” title to winners in 40 product […]