Pompeian Group, a Baltimore, Maryland-based importer and manufacturer of olive oil in the U.S., strengthened its alliance with DCOOP Group of Spain, a major global olive oil cooperative, by signing a new agreement that increases the companies’ stakes in one another from 20 to 50 percent. According to officials from both companies, this agreement will allow both companies […]
Category: Center Store
Posted inNortheast, Center Store, Grocery News
Beyond 95 Years: Fourth-Generation Family-Run Furmano’s Looks To The Future
Now that it has reached its 95th anniversary, Furmano Foods in Pennsylvania is gearing up for its upcoming 100-year celebration and strategizing for its next big initiatives, with sustainability and health and wellness top of mind. As a producer of canned tomatoes, beans and vegetables for both retail and foodservice channels, the company is committed to driving […]
Posted inCenter Store, Grocery Industry, Home Page Latest News, National, Snacks Brands, Suppliers
Ferrero To Acquire U.S. Confectionery Company Ferrara
The Ferrero Group, a global confectionary group, has entered into a definitive agreement for a Ferrero-affiliated company to acquire Ferrara Candy Co., the third-largest U.S. non-chocolate confectionary company, with strong positions in the gummy and seasonal candies categories. Ferrero is acquiring Ferrara from L Catterton, a global consumer-focused private equity firm. Terms of the transaction were not […]
Posted inNortheast, Center Store, Grocery News
Gallant Brands Purchases Soupman Inc. Out Of Bankruptcy
Gallant Brands Inc. (GBI) has acquired the assets of Soupman Inc. from bankruptcy, eliminating more than $11 million in debt and trade liabilities. Soupman Inc., owner of The Original Soupman brand, now has a clean balance sheet and a new management team, according to the Sept. 28 announcement. GBI was founded for the specific purpose of […]
Posted inNortheast, Beverage News, Center Store, Merchandising News, Snacks Brands
CVS Launches Health & Wellness Vending Machines
CVS Pharmacy is introducing automated retail vending machines stocked with on-the-go necessities including over-the-counter health products, “better-for-you” snacks and personal care products typically sold at CVS Pharmacy locations. “We are always looking for new ways to combine convenience and innovation to help better serve our customers,” said Judy Sansone, SVP of front store business and chief […]
Posted inNortheast, Center Store, Online Grocery Technology
Pompeian Unveils New State-Of-The-Art Quality Control Center
The Pompeian Quality Control and Research & Development Center opened Sept. 26 in Baltimore, Maryland, dedicated to ensuring the quality, purity and full traceability of Pompeian products, which include extra virgin olive oil. The $2 million facility, which comes on the heels of the American Oil Chemists’ Society (AOCS) accreditation of the Pompeian Sensory Panel, is […]
Posted inGrocery News, Center Store, Executive News, Grocery Industry, Home Page Latest News, National, Suppliers
Former Coca-Cola Leader Cahillane Named Kellogg CEO As Bryant Retires
Kellogg CEO John A. Bryant is retiring. Steven A. Cahillane has been elected CEO of the company, effective Oct. 2. Cahillane has served as president and CEO of The Nature’s Bounty, a health and wellness business, since 2014. Cahillane also will join the company’s board of directors. Bryant will continue as executive chairman of the […]
Posted inGrocery News, Center Store, Frozen Food, Home Page Latest News, Meat/Seafood/Poultry, National, New Products, Suppliers
Carl Buddig Inks Deal With Kingsford For Pre-Cooked Ribs, Barbecue Entrees
Carl Buddig & Co. subsidiary CBQ has reached a multiyear agreement to produce Kingsford-branded pre-cooked ribs and barbecue entrees. Kingsford, known for inventing the charcoal briquet, entered the food category this year with the launch of Kingsford BBQ Sauces & Dry Rub. CBQ’s pre-cooked Kingsford ribs and barbecue proteins, made with simple ingredients and no […]