Next week is a big week in the U.S. House of Representatives for the U.S. food industry, following the July 7 Senate passage of a bipartisan bill that creates a national labeling standard for all foods made with genetically engineered (GE) ingredients and genetically modified organisms (GMOs). Industry groups commended the Senate for its passage […]
Category: Center Store
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Senate To Hold Final Vote On Compromise GMO Labeling Bill
On July 6, the U.S. Senate voted 65-32 to end debate and have a final vote on bipartisan national legislation regarding the disclosure of genetically engineered ingredients in food products. The compromise bill, S. 764, was championed by Senate Agriculture Committee Chairman Pat Roberts (R-Kansas) and Ranking Member Debbie Stabenow (D-Michigan). It includes reforms to […]
Posted in, Center Store, Grocery News, Home Page Latest News, National
Dry Grocery Segment Prices Rose 1.3 Percent In First Half Of 2016
Price-Trak, a market research company specializing in price and trade promotion reporting, has reported that items in the Dry Grocery segment rose an average of 1.3 percent in 1st Half 2016 vs. same period last year. Overall, prices increased .6 percent within the total Consumer Packaged Goods (CPG) area as tracked by Price-Trak, a service […]
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Food Lion/General Mills Promo Provides Customer Savings, Fights Hunger
Through July 12, Food Lion customers can save $2 instantly when they buy General Mills products. To qualify for the promotion, Food Lion MVP customers must purchase five participating items and scan their MVP card at checkout, where they will instantly receive a $2 coupon. In addition, General Mills will donate $50,000 to Food Lion […]
Posted in, Beverage News, Center Store, Frozen Food, Northeast
Krinos Foods Invests In a New Facility In The Bronx, N.Y.
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. […]
Posted in, Center Store, Grocery News, Northeast, Snacks Brands, Suppliers
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 […]
Posted in, Center Store, Grocery News, Northeast, Snacks Brands
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 […]
Posted in, Beverage News, Center Store, Grocery News, Nonfood Items, Northeast, Sustainability News
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 […]