Revere, Massachusetts-based New England Confectionery Co., or NECCO, reportedly is facing a bankruptcy auction on May 23. The Boston Globe reported that Boston liquidator Gordon Brothers plans to commit to operate the company through November if it has the winning bid at auction. To qualify, cash bids must be at least $13.9 million and be filed by […]
Category: Grocery News
Nestlé Enters $7B ‘Alliance’ To Sell Starbucks Coffee
Starbucks Corp. is forming a “global coffee alliance” with Nestlé S.A. in an effort to accelerate and grow the global reach of Starbucks brands in the consumer packaged goods and foodservice categories. Nestlé will obtain the rights to market, sell and distribute Starbucks, Seattle’s Best Coffee, Starbucks Reserve, Teavana, Starbucks VIA and Torrefazione Italia packaged […]
Food Lion Investing $168M In Virginia, Will Remodel 105 Stores This Year
Food Lion plans to remodel 105 stores in the greater Norfolk, Virginia, market in 2018. The $168 million capital investment will go toward remodeling the stores, lowering prices, expanding the assortment of products, hiring approximately 5,000 new associates and promoting current associates as well as additional community partnerships through Food Lion’s hunger-relief initiative Food Lion Feeds. […]
Cash&Carry Smart Foodservice Is Now Smart Foodservice Warehouse Stores
Cash&Carry Smart Foodservice, a chain of warehouse-format stores catering to the foodservice industry based in Portland, Oregon, is rebranding to Smart Foodservice Warehouse Stores. The change reflects more than sixty years of evolution in the foodservice industry, the company says, adding that the new name will allow it to better communicate its mission of selling quality […]
Amazon Dominates Retail Industry In 2018 Brand Intimacy Report
Amazon continues to dominate the retail industry, according to marketing agency MBLM’s Brand Intimacy 2018 Report, a study of brands based on emotions. The retail industry ranked third overall in the study, following the media & entertainment and automotive industries, which placed first and second, respectively. In the retail category, Amazon was followed by Target and Whole Foods. […]
The Pain Points Of Prepared Foods
Sponsored content by Tyson Foods Inc. Shoppers in Tyson Foods Inc.’s Unconventional Shopper Connections experiment discussed their issues with the prepared foods shopping experience. “Purchasing prepared foods from the supermarket should be a convenience, but it is often viewed more as a compromise by the people who do it,” said Eric LeBlanc, director of channel […]
Albertsons Market Unveils Remodeled ‘Next-Gen’ Albuquerque Store
Albertsons Market on May 2 celebrated the completion of a large-scale remodel of its Albuquerque, New Mexico, store located at 10131 Coors Boulevard. As part of the festivities, the retailer presented a $10,000 donation to Special Olympics New Mexico during the ribbon-cutting ceremony. “For more than 100 years, our company has operated on the foundational principle that […]
Instacart Delivery From Sprouts Reaches Denver, Sacramento And San Diego
Residents in select zip codes in Denver, Colorado, and Sacramento and San Diego, California, now can order Sprouts groceries for delivery through Instacart. Areas included in this latest expansion are: Denver area—Boulder, Broomfield, Longmont and Parker; Sacramento area—Elk Grove and Roseville; and San Diego area—Carlsbad, El Cajon and La Jolla. The service now is available in all of […]
