ConAgra Foods Inc. has entered into a definitive agreement to sell its Spicetec Flavors & Seasonings business to for approximately $340 million. Sean Connolly, president and CEO of ConAgra Foods, said, “We are committed to becoming a more focused and higher performing company in order to drive greater shareholder value. Divesting Spicetec is the latest […]
Category: Home Page Latest News
Posted in, Home Page Latest News
Post-Recession, How Are Millennials Shopping For Groceries?
Retale, a location-based mobile advertising platform for retailers and brands, released the results of its first “Retale Millennial Grocery Report,” a commissioned study examining grocery shopping preferences among Millennial (18 to 34 years old) consumers. A thousand Millennials across the U.S. were polled for the study May 2-6 this year. Only 8 percent have cut their […]
Posted in, Food Service News, Home Page Latest News, National, Snacks Brands
Packaged Facts: Blurring The Line Between Breakfast and Snack
Consumers continue to embrace snacking—not only as a viable daypart option but also as a paradigm through which to view eating in general (smaller, more frequent meals). This has caused and will continue to cause changes in consumers’ relationships with traditional breakfast foods, according to market research publisher Packaged Facts in the brand new report, […]
Posted in, Home Page Latest News, Midwest
Supervalu Completes Amendment Of Senior Secured Term Loan Agreement
Supervalu has successfully completed the amendment of its existing $1.5 billion senior secured term loan agreement. In July, the company began exploring a potential separation of its Save-A-Lot segment, and as part of that process it had begun preparations to allow for a possible spin-off of Save-A-Lot into a stand-alone, publicly traded company. This amendment permits […]
Posted in, Home Page Latest News, Southwest
Whole Foods Market Unveils ‘Top 10 Summer Wines’ For National Wine Day
National Wine Day is May 25, and Whole Foods Market is celebrating by unveiling its ‘Top 10 Summer Wines,’ all priced less than $20 per bottle and curated by experts. Whole Foods Market’s global wine pros Doug Bell and Devon Broglie, a master sommelier, selected the wines to be foolproof, crowd-pleasing picks for any summer […]
Posted in, Home Page Latest News, Southeast
Whole Foods Market Opens In Mandeville, Louisiana
Whole Foods Market opened its newest Louisiana location on May 18 at its 40,000-s.f. store at 3450 Highway 190 in Mandeville. As a part of Whole Foods Market’s commitment to the community, and in celebration of the store’s opening, the Mandeville store is hosting five community giving days in five weeks and will donate 1 […]
Posted in, Beverage News, Center Store, Home Page Latest News, Southeast, Suppliers
Craft Beer Targeting Women Launches In Florida
High Heel Brewing, a new craft beer company founded by master brewer Kristi McGuire, will introduce a line of craft beers targeted at female craft beer consumers. The company, which produces its beers in partnership with St. Louis-based Brew Hub, plans to introduce its first two beers this summer. High Heel’s beers will be brewed […]
Posted in, Center Store, Home Page Latest News, National, New Products, Suppliers
Hershey Debuts Brookside Yogurt Flavored Fruit & Nut Bars
As part of an increased focus on its snacking profile, The Hershey Co. is adding a new flavor to its Brookside Fruit & Nut Bar line, expanding its Brookside portfolio to include Yogurt Flavored Fruit & Nut Bars. The new bars are made with real fruit, natural flavors, nuts and seeds and are accented with a […]