Keurig Dr Pepper Inc., a Texas-based company, has made changes to its executive leadership team to further enhance speed-to-market and decision effectiveness. “Two and a half years since the launch of Keurig Dr Pepper, with all key metrics delivered at or above our merger thesis, we have the unique opportunity to leverage our deep bench […]
Category: Grocery News
Wonderful Pistachios Reaches Billion-Dollar Brand Milestone
Wonderful Pistachios says its annual North America retail sales have surpassed the $1 billion milestone, making it the first brand in The Wonderful Co. portfolio to have reached this number. The success of Wonderful Pistachios can be attributed to a variety of specific factors, including the popularity of Wonderful Pistachios No Shells, which, according to IRI […]
B&G Foods To Acquire Crisco Brand For $550M From J.M. Smucker Co.
B&G Foods has entered into an agreement to acquire the Crisco brand of oils and shortening from The J.M. Smucker Co. for approximately $550 million in cash, subject to a post-closing inventory adjustment. As part of the acquisition, B&G Foods is also acquiring a manufacturing facility and warehouse in Cincinnati, Ohio. B&G Foods expects the acquisition […]
Flowers Foods Names Eric Mathis Chief Procurement Officer
Eric Mathis has joined Flowers Foods, producer of Nature’s Own, Dave’s Killer Bread, Wonder, Tastykake and other bakery foods, as SVP and chief procurement officer, effective Nov. 2. He will report to Steve Kinsey, CFO and chief accounting officer, and be responsible for managing the company’s programs for sourcing, procurement and supply management. “We’re tremendously excited Eric has joined Flowers […]
Tecate Utilizes Tamales To Promote Mexican-American Holiday Tradition
Tecate is utilizing tamales to promote Las Posadas, a holiday that reflects Mexican-American cultural heritage, from early November to December. A holiday tradition for more than 400 years, Las Posadas brings family together in the days leading up to Christmas. Tamales, not an everyday meal, have unified families by reflecting unique home-grown traditions. In a value-added […]
Kool-Aid Man Crashes Through Halloween To Save Trick-or-Treating
Due to the COVID-19 pandemic, the CDC has advised against traditional trick-or-treating, leaving kids disheartened to not be dressing up like their favorite character and getting their favorite candy. This Halloween, the Kool-Aid Man is saving the ghoulish celebrations by reverse trick-or-treating and bringing Kool-Aid fun to kids stuck at home. On Oct. 31, the Kool-Aid Man will deliver […]
Hostess Brands Announces Changes To Board Of Directors
Dean Metropoulos has notified Kansas City-based Hostess Brands that he will resign from its board of directors at the end of 2020 in order to pursue other commitments. Current independent director Jerry Kaminski has been appointed chairman of the board, effective immediately. Hostess Brands is a manufacturer and marketer of sweet baked goods and cookies […]
Heineken USA, AriZona Beverages Introduce AriZona SunRise Hard Seltzer
Heineken USA and Hornell Brewing Co., an affiliated entity of AriZona Beverages, are bringing AriZona SunRise Hard Seltzer to the U.S. market. A hard seltzer made with a splash of real fruit, it will be available in both 12-pack variety and single-serve cans. “As both family-owned companies and brand building powerhouses, there are many synergies […]
