The collective owners of CNG Ranch LLC, including managing partner Northgate Gonzalez Market, have reached an agreement that allows Cardenas Markets to acquire the seven Los Altos Ranch Market stores in Arizona. The sale is expected to close within 45 days pending final approvals. “Acquisitions and new strategic store locations are a key component of […]
Category: Grocery News
Certified Angus Beef Honors Retail, Distributor ‘Stars’
As consumer demand for beef continues to grow, retailers play an important role in satisfying their needs. The Certified Angus Beef brand recognized retailers and distributors for their leadership in product quality, marketing and sales at the group’s annual conference in Nashville, Tennessee, Sept. 27-29. “Quality and integrity unite their focus on delivering the finest […]
IDDBA Elects 2017-18 Officers, Board Of Directors
The International Dairy Deli Bakery Association (IDDBA) recently elected its 2017-18 officers and board of directors at its annual business meeting in Rosemont, Illinois. Erik Waterkotte, senior director of sales for Columbus Craft Meats, assumes the role of chairman of the board. He has served on the board of directors since 2010 and has been […]
Central Co-op Returns More Than Half Its Revenue To Local Economy
In celebration of National Co-op Month, Seattle-based Central Co-op has released the results of an economic impact report conducted by Civic Economics, a financial analysis agency, showing the cooperative returns more than 52 percent of its revenue back to the local economy. By comparison, the average U.S. cooperative grocery recirculates 36 percent of its revenue […]
Sprouts To Enter Maryland During Next Round Of Store Openings
Natural and organic grocer Sprouts Farmers Market plans to open nine new locations in the first quarter of 2018, including its first store in Maryland at 9150 Baltimore National Pike in Ellicott City. The new Maryland store represents the company’s first opening in the mid-Atlantic region of the country and brings the total number of […]
Walmart, Trader Joe’s Lose Customers To Whole Foods After Price Cuts
Thasos Group, a data intelligence firm, has published a new research report, “Competitive Impact of Lower Prices at Whole Foods,” analyzing the number, composition and behavior of new customers at Whole Foods stores following significant price reductions in the wake of the chain’s acquisition by Amazon in August. Key findings of the report include: Foot […]
Sandwich Designed By NFL Wide Receiver Debuts At Harris Teeter
At 1 p.m. today—Tuesday, Oct. 3—Carolina Panthers wide receiver Devin Funchess will make an appearance at the Harris Teeter store at Morrocroft Village in Charlotte to debut his personally designed signature sub sandwich (and sign autographs). Not surprisingly, Harris Teeter says the sandwich is made for larger appetites. Funchess’ sandwich, dubbed the “Funchess Munch,” features […]
Tyson Eliminating 450 Jobs, Boosts 2017 Guidance
Tyson Foods has unveiled plans to cut approximately 450 positions, primarily from its corporate offices in Springdale, Arkansas; Chicago; and Cincinnati. “We’re grateful to everyone who has contributed to the company’s success, and we’re thankful for their time with Tyson Foods,” said Tom Hayes, Tyson’s president and CEO. “These are hard decisions, but I believe […]
