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 […]
Category: Grocery News
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 […]
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. […]
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 […]
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 […]
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 […]
First Pick Marks The Start Of Michigan Blueberry Harvest Season
Blueberry harvest is officially underway with the annual “First Pick” in Grand Junction, Michigan. To kick-off the season, South Haven Mayor Bob Burr and Larry Ensfield, president/CEO of MBG Marketing, a grower-owned cooperative and a founding partner of Naturipe Farms, which manages the sales, marketing and distribution of the co-op’s blueberries, visited with Harris Blueberries LLC […]
United Fresh Opens Application Period For Caplan Scholarship
The United Fresh Produce Association is now accepting applications for the 2016 Frieda Rapoport Caplan Family Business Scholarship. The Frieda Rapoport Caplan Family Business Scholarship Program was founded in 2001 by sisters Karen Caplan and Jackie Caplan Wiggins, in honor of their mother, Frieda Rapoport Caplan. The program provides the opportunity for representatives from […]
