Krinos Foods, a global importer, distributor and manufacturer of Greek, Mediterranean and Middle Eastern specialty foods in North America, has opened the doors to its state-of-the-art, 100,000-s.f. facility in the Bronx section of New York City. Krinos Foods outgrew its longtime Long Island City location and invested $25 million into its new Bronx operational facility. […]
Category: Center Store
Hershey Rejects Mondelez Takeover Bid
The Hershey Co. Board of Directors on June 30 rejected an offer from Mondelēz International to buy the company. Hershey confirmed that it had received a preliminary, non-binding indication of interest from Mondelēz International to acquire the company for a mix of cash and stock consideration, totaling $107 a share of Hershey common stock. The […]
Hostess Brands Will Go Public & Have New Owners, And More…
Grocery News In Brief… Hostess Brands LLC has new owners and plans to go public. The maker of Hostess Twinkies, Ding Dongs and CupCakes has entered into new agreement with Gores Holdings Inc., which will introduce Hostess as a publicly listed company with an anticipated initial enterprise value of approximately $2.3 billion. Funds managed by […]
MOM’s Organic Market Commits To Solar, And More…
New Channels News In Brief… Maryland-based MOM’s Organic Market has begun purchasing all power from a designated solar farm in Kingsville, Maryland. This 1.5-megawatt DC system is projected to output 2,124,000 kilowatts per year. MOM’s will purchase the entire system’s output for the next 20 years. The power generated by the solar farm will account […]
Column: Getting A Boost From Nutrition Bars
by Naomi Sleeper Director of Business Development Imperial Distributors As the sun makes an appearance in the summer, so do we…on bike paths, hiking and running trails, waterfronts, sports fields; any outside venue, really. The seasonal upswing in outdoor activities, enhanced by a growing focus on wellness and active lifestyles, means a boost in the […]
Mars Releases Principles In Action Summary Report
Mars has released its annual Principles in Action Summary report, which outlines progress made in 2015 in areas of sustainability, health and well being, food safety, responsible marketing and workplace engagement across its business segments. “We have made significant progress toward making our operations truly sustainable over the last five years,” said Barry Parkin, chief […]
Honey Consumption Rising In U.S.
The National Honey Board, citing the latest data from the U.S. Department of Agriculture (USDA), reports that honey consumption continues to rise in the U.S., with an average of nearly one pound (0.9 pound) of honey being consumed per person compared to 0.5 pounds consumed per person in 1990. “It is exciting to see more […]
Barons Market Adds Olive Oil And Vinegar Bars To All Stores
San Diego-based natural grocer Barons Market has installed olive oil and vinegar tasting stations in all six of its locations. Ten olive oils and 14 vinegars fill silver vats at each store’s tasting station, where shoppers will find bread for dipping. Unique flavors include citrus habanero olive oil and honey ginger white balsamic vinegar, with […]
