The J.M. Smucker Co. has completed the sale of its shelf-stable baking business, including the exclusive U.S. rights to the Pillsbury brand, along with the Hungry Jack, White Lily, Jim Dandy, Martha White and Funfetti brands, to Hometown Food Co., a wholly-owned portfolio company of Brynwood Partners VII L.P. and Brynwood Partners VIII L.P. The $375 million […]
Category: Bakery News
Posted inNortheast, Bakery News, Grocery News, Home Page Latest News, Perishables, Specialty
Connecticut Private Equity Firm Acquires Rise Baking Co.
Stamford, Connecticut-based private equity firm Olympus Partners has acquired Rise Baking Co. from another private equity firm, Arbor Investments. Rise Baking is a manufacturer of premium cookies, dessert bars, artisan breads and flatbreads. Headquartered in Minneapolis, Minnesota, it is a supplier to the in-store bakery, foodservice and convenience channels in North America. Rise employs more than […]
Posted inDeli News, Aldi, Bakery News, Corporate Store News, Grocery Industry, Grocery News, Grocery Store Layout, Home Page Latest News, Meat/Seafood/Poultry, Merchandising News, National, Produce News, Store News
Aldi Growing Its Fresh Offerings By 40 Percent
Aldi announced Aug. 9 its plan to deliver more of the fresh products customers want most, including fresh, organic and easy-to-prepare options. By the time the nationwide fresh product rollout is completed in early 2019, about 20 percent of products in every Aldi store will be new compared to the previous year. Aldi is increasing […]
Posted inBakery News, Center Store, Grocery News, Home Page Latest News, National, Suppliers
Smucker Co. Selling Pillsbury, Hungry Jack, Other Brands For $375M
The J.M. Smucker Co. is selling its shelf-stable baking business, including the exclusive U.S. rights to the Pillsbury brand, along with the Hungry Jack, White Lily, Jim Dandy, Martha White and Funfetti brands, to equity firm Brynwood Partners VII LP and Brynwood Partners VIII LP for $375 million. The Pillsbury brand license agreement is a royalty-free, perpetual agreement […]
Posted inFood Service News, Bakery News, Grocery News, Home Page Latest News, National
Survey: Gen Z, Millennials Apt To Try More Adventurous Donut Flavors
Bakery supplier Dawn Foods’ inaugural Donut Day survey found that 82 percent of Gen Z (ages 18-21) and Millennial (ages 22-34) consumers are interested in trying unique and adventurous donut flavors, such as pickle, sriracha and s’mores. For nearly 100 years, Dawn has supplied bakers with the ingredients needed to produce all kinds of donuts—mashups […]
Posted inDeli News, Association News, Bakery News, Dairy News, Grocery News, Home Page Latest News, Southeast
IDDBA 18 Expo Draws More Than 10,000 Attendees
Nearly 900 exhibiting companies and more than 10,000 people attended the International Dairy Deli Bakery Association’s (IDDBA) annual show this year, held June 10-12 at the Ernest N. Morial Convention Center, in New Orleans. The sold-out expo consisted of 2,089 booths and offered educational experiences ranging from actionable merchandising ideas and new products to presentations […]
Posted inFood Service News, Bakery News, C-Store News, Dairy News, Grocery Industry, Grocery News, Grocery Store Layout, Home Page Latest News, Southeast, Store News
Weigel’s Latest Location Focuses On Made-To-Order Foodservice
C-store chain Weigel’s has opened its 66th store near its corporate headquarters in Powell, Tennessee, at 7505 Clinton Highway. A ribbon-cutting ceremony for the new store was held June 6. A special grand opening celebration starts June 11 and will run through June 17. “We’ve had many requests to expand and update our presence here […]
Posted inOnline Grocery Technology, Bakery News, Deli News, Grocery News, International Foods, Northeast, Organic Natural
Massachusetts Tortilla Manufacturer Launches Online Store Locator
Maria and Ricardo’s, a tortilla manufacturer in Canton, Massachusetts, has added an online store locator on its website. The features make it easier for consumers to locate retail stores that carry specific types of Maria and Ricardo’s tortillas. On the company’s store locator page, customers click the “Select Specific Products” button. Colorful product images are […]