Business magazine Fast Company has named The a2 Milk Co. as one of its “Top 10 Most Innovative Companies in Food” for 2018, one of 36 categories that recognizes pioneering companies across industries. The categories range from artificial intelligence to wellness and honor “leading enterprises as well as rising newcomers that exemplify the best in business and […]
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Recommended: Amazon Plans To Open As Many As Six More Go Stores This Year
Amazon’s much-heralded convenience store of the future, Amazon Go, may seem like a crazy experiment. But the company plans to open as many as six more of these storefronts this year, multiple people familiar with the company’s plans have told Recode. Some of the new high-tech stores are likely to open in Amazon’s hometown of […]
The Produce Moms Taps Former Kroger Staffer As Brand Ambassador
The Produce Moms (TPM), a community of fresh produce advocates, hopes to grow its brand recognition and reach with the addition of food blogger Candace Wylie to its team. In her new role, Wylie will be working with TPM founder Lori Taylor as a brand ambassador to support the company’s initiatives and activities. In a […]
Bilbrey Retiring As Hershey Co. Chairman, Successor Named
John P. Bilbrey has informed The Hershey Co. of his plans to retire as chairman of its board of directors. He will not stand for re-election at the company’s 2018 Annual Meeting of Stockholders scheduled for May 2, 2018. Bilbrey, age 61, previously served as president and CEO and was elected to the board of […]
Tops Markets Files Chapter 11 To Pursue Financial Restructuring
Tops Markets LLC announced Feb. 21 that it has filed for Chapter 11 bankruptcy protection and is pursuing a financial restructuring in order to eliminate a substantial amount of debt from its balance sheet. The hope is that the move will position Tops for long-term success. Tops’ portfolio of stores in Upstate New York, northern […]
WAFC Invites Texas Retailers To Its San Antonio Convention In May
by Lorrie Griffith/editor–West The Western Association of Food Chains (WAFC) is taking its 97th annual convention eastward. The gathering will take place May 5-9 at the JW Marriott San Antonio Hill Country in San Antonio, Texas. The WAFC already may be familiar to Texas grocers; the association’s Community College Retail Management Certificate Program “has expanded to […]
The J.M. Smucker Co. Targets Young Consumers With New Coffee Brand
Today, at the Consumer Analyst Group of New York (CAGNY) conference in Boca Raton, Florida, The J.M. Smucker Co. unveiled what it says is one of its most significant coffee growth initiatives to date—a new line of “premium” coffees intended to strengthen the company’s position in the fastest-growing market segments and serve as a platform for future growth […]
Walmart Reports 23 Percent Increase In E-Commerce Sales In 4Q
Walmart U.S. this week released highlights from its fourth quarter and its fiscal year. In the fourth quarter, total revenue was $136.3 billion, an increase of $5.3 billion, or 4.1 percent. Excluding currency, total revenue was $135.1 billion, an increase of $4.1 billion, or 3.1 percent. Comp sales increased 2.6 percent, and comp traffic increased […]
