Chiquita Brands International Inc. and the Cutrale-Safra group have reached a definitive merger agreement valued at approximately $1.3 billion. The agreement has been unanimously approved by Chiquita’s board of directors and includes Cutrale-Safra acquiring all outstanding common shares of Chiquita for $14.50 per share in cash. The companies say the transaction combines Chiquita, one of […]
Category: Suppliers
Posted in, Beverage News, Center Store, National, Suppliers
Coca-Cola Looks To ‘Reinvigorate Growth’
The Coca-Cola Co. says it plans to take actions to reinvigorate growth, supporting the Atlanta-based company’s previously announced five strategic priorities to restore momentum and the company’s long-term growth target of high single-digit comparable currency neutral EPS. “We are taking decisive action to position The Coca-Cola Co. to continue delivering long-term value for our shareowners,” […]
Posted in, Corporate Store News, Independent Store News, Store News, Suppliers, West
Washington Food Industry Association Hands Out Annual Awards
The Washington Food Industry Association (WFIA) last week presented its annual awards during a surprise ceremony that highlighted the many achievements of the state’s grocery industry. Vashon Thriftway recognized with excellence award Norm Mathews, owner of Vashon Thriftway, was presented with the 2014 Excellence in Operations Award by the WFIA. “Norm has worked tirelessly to […]
Posted in, Executive News, National, Suppliers
Chiquita Names Craig Stephen SVP Of Sales, Marketing For Fresh Express
Chiquita Brands International has appointed Craig Stephen SVP of sales and marketing for Fresh Express. Stephen will have responsibility for Fresh Express sales, marketing and customer service operations as the company continues to provide expanded category offerings in retail value-added and private label salads. “Craig is highly regarded and respected by all stakeholders across the […]
Posted inSoutheast, Independent Store News, Suppliers
Wade Payne Of Mitchell Grocery Is Ala.’s Retailer Of Year, Others Recognized At Luncheon
The Alabama Grocers Association held its annual Food Industry Finest Luncheon this week, honoring its retailer, wholesaler, manufacturer and broker of the year award winners. More than 150 people attended the event at The Club in Birmingham to discuss the work of the Alabama Grocers Association in 2014 and those in the food, beverage and grocery […]
Posted in, C-Store News, National, Suppliers
NACS ‘Future Of Fuels Showcase’: Clean Diesel Powers The Future
Advanced clean diesel passenger vehicles will be highlighted at this week’s “Future of Fuels Showcase” at the National Association of Convenience Stores (NACS) annual show in Las Vegas, which kicked off Tuesday and runs through Friday. The Diesel Technology Forum is representing the diesel industry at the “Future of Fuels Showcase.” The forum exhibit also […]
Posted in, Independent Store News, Suppliers, West
Sprouts COO, Olsen’s IGA To Be Honored At Arizona Food Marketing Alliance Banquet
The Arizona Food Marketing Alliance (AFMA) will host its annual Excellence in Leadership Awards Banquet on Oct. 17 at the Phoenix Downtown Sheraton. AFMA has been hosting this event since 1965. This year’s ceremony will honor Jim Nielsen, COO of Sprouts Farmers Market, as the Retailer of the Year; Paul Ratner, off-premise general sales manager […]
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Red Bull Art Of Can Exhibit Slated For November 7-16 In Chicago
Thirty U.S. artists who have used Red Bull cans to create sculptures will compete in the Red Bull Art of Can in Chicago Nov. 7-16 at the Chase Promenade South in Millennium Park. More than 300 artists submitted concepts, and after creating their masterpieces all summer, a panel of six judges selected 30 pieces, representing […]
Posted in, National, Suppliers
Study: Nearly 100% Of Sales Growth At Leading CPGs Is From Lower-Calorie Foods
Providing consumers lower-calorie foods is good for business and public health, according to a new research report from Hudson Institute, an independent policy research organization. The Healthy Weight Commitment Foundation (HWCF) asked Hudson Institute to analyze sales data from the 16 major food and beverage companies it counts among its members to determine both trends […]
Posted in, National, Suppliers, Sustainability News
Ocean Mist Farms Honored For Innovation In Water Reuse
Ocean Mist Farms was honored by the WateReuse Association and Research Foundation for its unique and successful water reuse partnerships at the 2014 One Water Innovations Gala on Sept. 28 in New Orleans. “The WateReuse Association and Research Foundation works to promote water sustainability through research and education,” said Mike McCullough, the recycled water program […]
Posted in, Grocery News, National, Suppliers
Global Snack Food Sales Reach $374B Annually
Global consumers spent $374 billion on snack foods annually between 2013 and 2014, a year-over-year increase of 2 percent, according to a new global report released today by Nielsen. While Europe ($167 billion) and North America ($124 billion) make up the majority of worldwide snack sales, annual snack sales are growing faster in the largely […]
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Sabra Dipping Co. Names New CEO
Sabra Dipping Co. has appointed Shali Shalit-Shoval CEO. She replaces Ronen Zohar, who retired last month after seven years in the position. Shalit-Shoval, a global food business veteran, will oversee all operations as Sabra expands the business to meet growing consumer interest in hummus and in other fresh dips and spreads. In addition, Sabra announced […]
Posted in, National, Perishables, Suppliers
New Research From IDDBA Studies Evolving Shopper
The International Dairy∙Deli∙Bakery Association (IDDBA) has released a new original research study entitled Engaging the Evolving Shopper: Serving the New American Appetite. The study, compiled by The Hartman Group, showcases the evolving U.S. shopper of fresh perimeter categories—dairy, deli, bakery, prepared foods, specialty cheese and specialty meats—through the lens of Millennials, modern eating, health & […]
Posted in, Industry News, Midwest, Perishables, Suppliers
Palermo’s Celebrates 50th Year With Food Bank Donations
Frozen pizza manufacturer Palermo’s Pizza, in partnership with key grocery retailers, is donating more than 50,000 pizzas to food banks during the company’s 50,000 Pizza Giveaway for Our 50th Anniversary campaign. This fall, the Milwaukee, Wis.-based company will tour the country, marking each donation with an event at local grocery stores across the Midwest and […]
Posted in, Perishables, Suppliers, West
Ruby Fresh Jewels Qualify As 2014 PMA Impact Award Finalist
Attracting 67 entries from 56 companies, Ruby Fresh Jewels Grab-N-Go Pomegranate Aril cups are among 20 products that have been selected as finalists for the 2014 PMA Impact Award: Excellence in Packaging. Winners will be announced at the PMA Fresh Summit on Friday, Oct. 17. The 2014 PMA Impact Award: Excellence in Packaging is a […]
Posted in, National, Organic Natural, Suppliers
Crider Selected For First-Ever OTA Member Of The Year Award
Steve Crider doesn’t see a problem with being outspoken and tenacious, especially when it comes to getting things done in Washington, D.C., to support the organic food and agriculture movement and to act as advocate and champion for the organic industry. The Organic Trade Association (OTA) is honoring Crider for his strong and consistent voice […]
Posted in, Center Store, Industry News, Southeast, Suppliers
Goya Foods Unveils State-Of-The-Art Distribution Center In Georgia
Goya Foods, America’s largest Hispanic-owned food company, has opened a state-of-the-art distribution center in Georgia to help it expand its business in the Southeast. Located at 4005 Haworth Parkway in McDonough, the facility hosted a ribbon-cutting ceremony and tours Sept. 17. “We are so happy and excited to open the doors of our new distribution center and […]
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United Fresh Honors Paramount Citrus As Industry Advocate Of Year
The United Fresh Produce Association honored Paramount Citrus as the Produce Industry Advocate of the Year earlier this week at The Washington Conference. Paramount Citrus has been a longtime leader in the public policy arena, serving on several of United’s boards and councils, including United’s board of directors. Additionally, Paramount Citrus executives have been major […]
Posted in, Southwest, Suppliers
New Tyson Leadership Team In Place Following Hillshire Acquisition
Tyson Foods Inc. has completed its merger with The Hillshire Brands Co. Shares of Hillshire Brands common stock have been delisted and are no longer traded on the New York Stock Exchange and Chicago Stock Exchange. The combination of Tyson Foods and Hillshire Brands creates a single company with more than $40 billion in annual sales […]
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Report: CPG Companies Must Plan For A Digital Future
Consumer packaged goods (CPG) companies need to plan for a “1-5-10” market in the U.S. during the next five years, in which digital’s current 1 percent penetration will likely expand to 5 percent and could accelerate to as much as 10 percent in short order, according to a new report, “The Digital Future: A Game […]