The International Dairy Deli Bakery Association (IDDBA) recently held its annual business meeting in Rosemont, Illinois. For three days, the IDDBA staff came together with stakeholders that make up the board of directors and committees. “During the meeting, we reviewed our 2023-24 successes and most importantly discussed our long-term plans to serve our members and […]
Category: Grocery News
The Kroger Co. Closes Sale Of Specialty Pharmacy Business To Elevance Health
The Kroger Co. has finalized the sale of its specialty pharmacy business to Elevance Health. The grocer announced the agreement on March 18. In closing the transaction, the retailer and Elevance Health have worked to ensure minimal disruptions for customers and associates. The specialty pharmacy serves patients with chronic illness that requires complex care. Skilled […]
Mondelēz International Invests In UK-Based Urban Legend
Mondelēz International’s corporate venture capital arm, SnackFutures Ventures, has taken a minority stake in Urban Legend, a “better-for-you” fresh doughnut and pastry business based in the UK. Founded in 2021 by scientist and entrepreneur Anthony Fletcher, Urban Legend uses a custom designed and patented air frying technology to reduce sugar, fat and calories by 30-75 […]
North Coast Seafoods Extends Kelp Partnership Through 2026
North Coast Seafoods has renewed its food supplier partnership with Boston Public Schools for the 2024-25 and 2025-26 school years, focusing on their locally-sourced Maine Kelp products. Following a successful pilot program, the renewal of the Maine Kelp Program through 2026 deepens the school district’s commitment to providing thousands of students in kindergarten through 12th grade […]
Platinum Equity and Butterfly Acquire Rise Baking Co.
Minneapolis, Minnesota-based Rise Baking Co. has been acquired by global investment firms Platinum Equity and Butterfly. Founded in 2013, Rise Baking Co. is a provider of cookies, pies, cakes, icings, muffins and crispy bars in North America to retail bakeries, foodservice operators and distributors. Rise will continue to operate under its current management team, led by CEO Brian […]
Survey: Self-Checkout Presents Opportunities For Fresh Produce Sales
As self-checkout continues to shape the retail landscape, a recent consumer survey conducted by Fusion, a business-to-business marketing agency for fresh food, reveals insights into the behavior and preferences of today’s shoppers. With more than three-quarters of surveyed consumers regularly using self-checkout and 90 percent expressing satisfaction with the experience, the findings point to successes, […]
Niman Ranch Names 2024 Sustainable Farm Of The Year
Niman Ranch has recognized the Hundling family of Breda, Iowa, as the 2024 Sustainable Farm of the Year. This accolade honors the Hundlings for their land stewardship and ongoing commitment to the principles of regenerative agriculture. For Brice and Melanie Hundling, sustainability isn’t just a buzzword. Their multi-species, biodiverse farm is a model of sustainable […]
PepsiCo To Acquire Siete Foods For $1.2B
PepsiCo Inc. has entered into a definitive agreement to acquire Garza Food Ventures, d.b.a. Siete Foods, for $1.2 billion. PepsiCo said the acquisition of the Mexican-American brand will complement its portfolio while growing its better-for-you food offerings. Founded in 2014, Siete produces authentic heritage-inspired tortillas, salsas, seasonings, sauces, cookies and snacks. Siete’s products can be […]
