The U.S. Small Business Administration has named Gary and Joseph Melville, father-and-son owners of Melville Candy Co. in Randolph, Massachusetts, as the Massachusetts Small Business Persons of the Year. “We were stunned to get this incredible news,” said Gary Melville, master candy maker. “My uncles started making candy in Boston in the 1940s, and it has […]
Category: Snacks Brands
Meet Gen Z: Snacking Is Convenient, Efficient And Preferred By Younger Consumers
by Claire Lentsch/a contributor to The Shelby Report Editor’s note: Shelby Midwest Editor Terrie Ellerbee met Claire Lentsch at the 2017 Supervalu National Expo in St. Paul, Minnesota. Lentsch was invited to share her perspective as a member of Generation Z (born since the mid-1990s) and a consumer. Snacking is replacing family meals. A lack […]
NACS: C-Store Sales Up For 15th Straight Year In 2017
U.S. convenience stores experienced a 15th straight year of in-store sales and a fourth straight year of $10 billion-plus in pretax profits, according to newly released State of the Industry data from the National Association of Convenience Stores (NACS). U.S. convenience stores sales overall surged 9.3 percent to $601.1 billion in 2017, led by a 14.9 percent increase […]
Ferrero Closes On Nestlé USA Candy Brands Sale
The Ferrero Group has finalized the purchase of Nestlé USA Inc.’s confectionery business, a deal that first was announced in mid-January and was estimated to be valued at $2.8 billion. The closing of the acquisition adds more than 20 U.S. brands into the Ferrero portfolio, including Butterfinger, Baby Ruth, 100 Grand, Wonka and the exclusive […]
Campbell Completes Snyder’s-Lance Acquisition, Creates Snacks Division
Campbell Soup Co. has completed the acquisition of Snyder’s-Lance Inc. for $50 per share in an all-cash transaction, which represents an enterprise value of approximately $6.1 billion. “Snyder’s-Lance represents a strategic and transformative acquisition for Campbell, creating a $10 billion company with nearly half of our annual net sales in the faster-growing snacks category,” said […]
RifRaf Ricotta Snack Cups Launching In Select Whole Foods Stores
RifRaf Ricotta Cups—a first-of-its-kind ricotta cheese snack, according to startup company RifRaf—are coming to the dairy aisle at select Whole Foods Market stores. Combining spoonable, lightly cultured whole milk ricotta and a sidecar of flavored jams and honeys, RifRaf hopes to “upset an otherwise uniform yogurt category.” The Ricotta Cups will launch in five inaugural flavors: […]
Café Valley, Hershey Launch Chocolate Cheesecake Brownie Bites
Café Valley is partnering with The Hershey Co. to introduce a snack-size coffee cake bite that is equal parts brownie and cheesecake made with Hershey’s chocolate. Café Valley Chocolate Cheesecake Brownie Bites are set to hit grocery, convenience and club store shelves next month in 11.6-oz., clear plastic packages containing 12 brownie bites per case. The […]
7-Eleven Expands Packaged Bakery Lineup With Mexican Sweet Breads
7-Eleven Inc. is expanding its offering of Hispanic packaged bakery items nationwide and introducing its new 7-Select private brand line after months of testing in Mexico and Texas. Three traditional Mexican sweet bread options are being offered at participating stores. The new offerings are: Panquecitos: Soft and sweet vanilla mini loaf cakes Roles de Canela: Cinnamon rolls with raisins Panque con […]
