Campbell Soup Co. has completed its acquisition of Colorado-based Sovos Brands for $23 per share in an all-cash transaction, which represents a total enterprise value of about $2.7 billion. “This important milestone in Campbell’s history adds several market-leading and scaled premium brands to our company,” said Mark Clouse, Campbell’s president and CEO. “It accelerates Campbell’s […]
Category: Grocery News
Hershey Shares Insights On Front-End Queuing, Self-Checkout
Nicole Capes, senior manager of retail experience with The Hershey Co., said 60 percent of shoppers prefer self-checkout because they feel like it is faster. To learn what works best for an optimal queue, Hershey spent countless hours observing shoppers in self-checkout areas in different retail environments, including small and large format, grocery, mass market […]
GrubMarket Acquires NC-Based Performance Produce
GrubMarket has completed its acquisition of Salisbury, North Carolina-based Performance Produce, a vertically integrated fresh produce business that sells more than 80 different items to about 100 different retail customers across the Southeastern U.S. In addition to wholesale distribution, Performance Produce also provides comprehensive 4PL services, including inbound and outbound logistics, warehousing and cold storage, […]
Utz Brands Showcases Snack Portfolio At Expo West
Utz Brands will feature two of its snack brands, Boulder Canyon and TORTIYAHS!, at the 2024 Natural Products Expo West to be held March 14-16 at the Anaheim Convention Center in Anaheim, California. At the show, Boulder Canyon will debut Canyon Poppers, the brand’s first portfolio expansion beyond chips. The corn-based snack is made with avocado oil, certified […]
FMI Report: Seafood Sales Return To Pre-Pandemic Level
During Seafood Expo North America, FMI – The Food Industry Association released its “Power of Seafood 2024“ report, which found seafood volume and dollar amounts have decreased, however, consumers are choosing to cook seafood dishes at home. With these shifts in purchasing and consumption, food retailers can attract seafood shoppers by emphasizing nutrition, sustainability and […]
Stryve Foods Expands Distribution Footprint Across U.S.
Stryve Foods has significantly expanded its distribution network across the U.S. to reach additional c-stores and grocery chains. All three of the company’s retail brands, Stryve, Vacadillos and Kalahari, are gaining momentum in the marketplace and its products are available at Love’s Travel Stops, Sierra Trading, Anderson Convenience Market, King’s Fuel, Energy North, AMCON Distributing […]
Chosen Foods To Debut Sauces, Spreads At Expo West
Chosen Foods will debut three dip and drizzle sauces, a Chocolate Hazelnut Spread and a squeeze bottle package at Natural Products Expo West 2024 Hall E booth 5606. The company’s mission is to replace bad fats with the good ones by incorporating 100-percent pure avocado oil as a key ingredient in its products. Available at Walmart and on Chosen […]
ReposiTrak Adds 10 Produce Suppliers To Traceability Network
ReposiTrak has announced the addition of 10 produce companies to the ReposiTrak Traceability Network. These members will exchange FDA-required key data elements for each critical tracking event in their supply chains, ensuring proactive compliance before the January 2026 deadline. The new members include: A California-based produce supplier in operation for more than 170 years; A […]
