Mondelēz International has signed an agreement with global private equity firm The Riverside Co. and other shareholders—including Tate’s Bake Shop founder Kathleen King—to acquire Tate’s for nearly $500 million. Mondelēz says the deal gives it entree into the premium cookie market. Tate’s was founded in 2000 on Long Island, New York, producing cookies and baked goods. Mondelēz says […]
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Posted in, C-Store News, Home Page Latest News, Store News
Rutter’s Plans To Expand Its Reach To West Virginia, Maryland
Rutter’s is expanding its operations outside central Pennsylvania, the York, Pennsylvania-based chain has acknowledged. Construction has begun on a new store that is planned to open at the end of May in West Virginia. Future plans include a new store in Maryland, where Rutter’s operated stores years ago but closed them “a while ago,” according […]
Posted in, Home Page Latest News, Independent Store News, Store News, West
Stater Bros. Honors Two Men Who Have 50 Or More Years’ Service
Stater Bros. Markets recently recognized “family” members who reached milestone years of service in their careers, including 55-year and 50-year team members. Through the “Family” Service Awards Program established in 1987, Stater Bros. team members reaching five, 10 and 15 years of service are recognized with a gold pin that signifies their years with the […]
Posted inDeli News, Corporate Store News, Grocery Industry, Grocery News, Grocery Store Layout, Home Page Latest News, Southeast, Store News
Food Lion Celebrates Former Farm Fresh Store Reopenings
It wasn’t quite six weeks ago that Food Lion announced it would purchase three Farm Fresh stores that would otherwise close for business in the greater Norfolk, Virginia, market. On Wednesday, May 9, these three stores, located at 1615 General Booth Boulevard in Virginia Beach, Virginia; 608 Mercury Boulevard in Hampton, Virginia; and 683 South […]
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Sales And Income Up For Ingles Markets In 2Q Report
Ingles Markets Inc. is reporting increased sales and net income for the three and six months ended March 31, 2018. Net sales totaled $984.6 million and net income totaled $9.3 million for the second quarter, compared with $946.2 million and $9.2 million, respectively, for the second quarter of fiscal year 2017. “Our strong sales performance […]
Posted inMeat/Seafood/Poultry, Grocery Industry, Grocery News, Home Page Latest News, Independent Store News, Organic Natural, PCC, Private Label Brands, Store News, Sustainability News, West
PCC Community Markets Commits To Improving Chicken Welfare
PCC Community Markets (PCC), a Seattle-based community-owned food market, is committing to improve the welfare of chickens raised for meat by meeting the standards of Compassion in World Farming’s Better Chicken Initiative (BCI) and the Joint Animal Protection Organization Statement on Broiler Chicken Welfare. PCC says it is the first retailer in the country to comprehensively address broiler chicken […]
Posted inIndependent Store News, Home Page Latest News, Midwest, Store News
Angelo Caputo’s Fresh Markets Celebrates 60 Years In Business
Angelo Caputo’s Fresh Markets, family owned and operated since 1958, is celebrating 60 years of bringing fresh foods to its customers. What began as an Italian immigrant looking to live out the American dream became the Caputo family business, which now includes seven stores throughout the Chicagoland area. A factor in the business’ success, according […]
Posted inDeli News, Amazon Fresh, Food Service News, Grocery News, Home Page Latest News, National, Produce News, Whole Foods
Neil Stern: Create Your Own Story To Remain Relevant
Editor’s note: Last month, The Shelby Report published part one of our coverage of a presentation given by Neil Stern, a senior partner at retail consultancy firm McMillanDoolittle LLP, at the Annual Meat Conference entitled “Maintaining Relevancy: Retail Trends Impacting Today’s World and Beyond.” In part one, Stern laid out demographic and consumer behavior trends, […]