General Mills has entered into a definitive agreement to acquire Annie’s, a leading U.S. producer of branded organic and natural food products with net sales of $204 million in its latest fiscal year, completed March 2014. The transaction is valued at approximately $820 million. Annie’s will join General Mills’ U.S. natural and organic products portfolio, […]
Category: Grocery News
Posted in, Grocery News, Northeast
Rosati Ice Goes To School
To prevent the natural downturns an Italian ice company experiences in the colder months, Philadelphia’s Rosati Ice took its products to school. Rich Trotter, president of the 102-year-old company, said, “Typically the water ice business makes money in the summer and loses money in the winter, and if the summer is better than the winter, […]
Posted in, National, New Products
Reed’s New Product Marries Coffee And Kombucha
Reed’s Inc. is adding an organic coffee kombucha to its line of Reed’s Culture Club Kombucha. The new Coffee Kombucha will be showcased at the upcoming Natural Products Expo in Baltimore, Sept. 18-20, and will be introduced to store shelves across the country this fall. “The kombucha culture is traditionally grown in a tea base. […]
Posted in, Grocery News, Southwest
American Born Moonshine Launches In Texas
American Born Moonshine has expanded to Texas, marking the brand’s first foray into the Lone Star State. Texas marks the latest state for American Born Moonshine’s continued expansion throughout the U.S. following numerous successful launches in the southeastern U.S. and California. “Texas has an incredibly rich heritage of moonshiners, especially in the East Texas region […]
Posted in, National, New Products
Blue Bell Introduces Malt Shoppe Ice Cream
Blue Bell has put its own spin on the old-fashioned chocolate malt with its new Malt Shoppe Ice Cream, a chocolate malt ice cream loaded with milk chocolate-covered malted milk balls. “There was a time when the whole family hopped in the car and went out for burgers, fries and malts,” said Paul Kruse, Blue […]
Posted in, Beverage News, National, New Products
Hot Peanut Butter Drink, Peanut Hottie, Debuting
Peanut Hottie, the first instant hot peanut butter drink, is rolling out at Walmart stores nationwide. Like instant hot cocoa, Peanut Hottie is a powder that is simply dissolved in hot water, but with a peanut butter flavor and aroma. At 83 calories per cup, Peanut Hottie is caffeine free, suitable for vegetarians and contains no artificial […]
Posted in, Center Store, National
Center Store Growth Will Be Led By Latinos
Over the past decade the food-buying habits of Hispanics have begun to mirror those of American consumers as a whole, and U.S. marketers must be aware of various emerging trends if they seek to effectively reach the increasingly influential Latino consumer segment, according to “Hispanic Food Shoppers in the U.S.,” a recent report by market […]
Posted in, Grocery News, Southwest
H-E-B Primo Picks Quest For Texas Best Announces Final Four
Creators of unique products from the Lone Star State are relishing the sweet taste of success as winners of H-E-B’s Primo Picks Quest for Texas Best contest. A panel of expert judges narrowed a field of 25 to four finalists on Aug. 19-20 at the Houston Food Bank, and the winners received cash prizes totaling […]