The Kroger Co. is reporting net earnings of $2.0 billion, or $2.37 per diluted share, in the first quarter of 2018, which ended on May 26. Kroger’s first quarter adjusted net earnings were $626 million, or $0.73 per diluted share. Net earnings for the first quarter of 2017 were $303 million, or $0.32 per diluted […]
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Posted in, Grocery Industry, Grocery News, Home Page Latest News, Produce News, Suppliers, West
Nicaraguan Red Dragon Fruit Almost Ready For Summer Sales
Red dragon fruit, grown in Nicaragua, is two weeks away from its high-volume launch in July, and will be available through Frieda’s Specialty Produce through November. “Our grower continues to focus on the best, most flavorful varieties of red dragon fruit, and we are expecting excellent volume this season,” said Allen DeMo, director of procurement […]
Posted in, Aldi, Corporate Store News, Home Page Latest News, National, Store News
Market Force Names Aldi ‘Value Leader’ For Eighth Consecutive Year
Aldi continues to beat out the competition when it comes to value, according to a Market Force Information survey of nearly 13,000 U.S. consumers. For the eighth consecutive year, Market Force has named Aldi as the “Value Leader” among grocery retailers included in the survey. In addition to earning the top spot for value, Aldi […]
Posted inFood Service News, Association News, Deli News, Grocery News, Home Page Latest News, National
FMI Revisits The Power Of Foodservice As Home-Prepared Dinners Decrease
By 4 p.m., 65 percent of shoppers don’t know what they’re going to have for dinner, but they do know they want it to be fresh, healthy and convenient—an intersection that places retail foodservice in a prime growth position if it’s well executed. In its new report, “The Power of Foodservice 2018—Part 2,” the Food […]
Posted inAssociation News, Center Store, Grocery News, Home Page Latest News, Southeast, Suppliers
Olé Mexican Foods Founders Inducted Into Tortilla Industry Hall Of Fame
Olé Mexican Foods founders and owners Veronica and Eduardo Moreno joined the Tortilla Industry Association’s (TIA) Hall of Fame during an induction ceremony at the 2018 TIA Annual Convention & Trade Expo, held in Desert Springs, California this month. Members of the TIA Hall of Fame have “demonstrated a level of cooperation and leadership within […]
Posted inDeli News, Albertsons, Grocery News, Home Page Latest News, Southeast, Suppliers
Hissho Sushi Responds To Growth In Sushi With New Branding, Products
Charlotte, North Carolina-based sushi franchise Hissho Sushi has been talking with consumers about their wants and making plans to ensure they’re able to get sushi and poke where they work, shop and play. In response to continued sushi growth and increasing customer demand, Hissho premiered its new “Join the Sushi Revolution” concept and branding at […]
Posted inAssociation News, Home Page Latest News, Midwest
Minnesota Grocers Association Scholarship Programs Award $70,000
The Minnesota Grocers Association Foundation (MGAF) awarded $25,000 in scholarships to Minnesota Grocers Association (MGA) member companies’ employees or their dependents for the 2018-19 school year. Using funds raised from an annual golf event and silent auction, the MGAF is able to award scholarships and community grants to support the educational growth of students with ties to […]
Posted inProduce News, Association News, Grocery Industry, Grocery News, Home Page Latest News, National
Secretary Of Agriculture Sonny Perdue To Keynote United Fresh 2018
U.S. Secretary of Agriculture Sonny Perdue will open United Fresh‘s 2018 convention on Tuesday, June 26, in Chicago as keynote speaker. Perdue will address the key issues facing the produce industry, from immigration reform and the need for a legal workforce to NAFTA and the need to retain a fair international trade framework for agriculture. […]