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 […]
Category: Grocery News
Posted in, Center Store, Grocery News, Northeast, Snacks Brands
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 […]
Posted in, Beverage News, Center Store, Grocery News, Nonfood Items, Northeast, Sustainability News
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 […]
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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 […]
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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 […]
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Column: Getting A Boost From Nutrition Bars
by Naomi Sleeper Director of Business Development Imperial Distributors As the sun makes an appearance in the summer, so do we…on bike paths, hiking and running trails, waterfronts, sports fields; any outside venue, really. The seasonal upswing in outdoor activities, enhanced by a growing focus on wellness and active lifestyles, means a boost in the […]
Posted in, Center Store, Grocery Industry, Grocery News, Home Page Latest News, Snacks Brands, Suppliers, Sustainability News
Mars Releases Principles In Action Summary Report
Mars has released its annual Principles in Action Summary report, which outlines progress made in 2015 in areas of sustainability, health and well being, food safety, responsible marketing and workplace engagement across its business segments. “We have made significant progress toward making our operations truly sustainable over the last five years,” said Barry Parkin, chief […]
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Honey Consumption Rising In U.S.
The National Honey Board, citing the latest data from the U.S. Department of Agriculture (USDA), reports that honey consumption continues to rise in the U.S., with an average of nearly one pound (0.9 pound) of honey being consumed per person compared to 0.5 pounds consumed per person in 1990. “It is exciting to see more […]