Waynesboro, Georgia-based Hart Dairy has raised a $20 million investment to advance the long-term trajectory of the company. The dairy is the largest single-source producer of pasture-raised and grass-fed 365 days per year milk in North America. The funding round includes a $13 million lead investment by KAL Investment Group to cultivate the continued growth […]
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Utz Brands Completes Acquisition Of RW Garcia
The subsidiaries of Hanover, Pennsylvania-based Utz Brands Inc., a manufacturer of branded salty snacks, have completed the acquisition of RW Garcia Holdings LLC and related entities for $56 million, subject to customary purchase price adjustments. The company used balance sheet cash and its revolving credit facility to fund the acquisition and said the impact to […]
PLMA Cancels January Trade Show
COVID-fueled travel restrictions lead to cancellation The Private Label Manufacturers Association has canceled its Jan. 30 – Feb. 1 Private Label Trade Show in Chicago due to the debilitating effects of COVID-19 on business travel. It is the second cancellation of the show, which was originally to be held last month. “This action was taken […]
KeHE Distributors Celebrates Opening Of Goodyear, AZ Warehouse
Naperville, Illinois-based KeHE Distributors celebrated the grand opening of its new half-million square foot warehouse in Goodyear, Arizona, on Dec. 9. The Goodyear community received the first look at the new distribution center during the day, which included a ribbon-cutting, tours of the new facility as well as locally-inspired and locally-sourced specialty foods served by food trucks. As a part of KeHE’s ongoing mission to serve its communities, attendees […]
Perlmart Inc. Completes Sale Of ShopRite Stores To Saker Family
Perlmart Inc., owned and operated by Michael Perlmutter, has completed the sale of its seven ShopRite stores in Ocean County, New Jersey, to Saker ShopRites Inc., owned and operated by the Saker family. The Sakers, who have been in the grocery business for more than a century, operate 32 ShopRite stores across New Jersey, including […]
Instacart President Everson To Resign At End Of Year
Instacart President Carolyn Everson announced on her Facebook account Dec. 10 her intention to resign at the end of the year. “I wanted to share some professional news. My time at Instacart will be coming to a close at the end of the year,” Everson wrote. “[CEO] Fidji [Simo] and I have been friends for […]
Former Walmart And Ahold Delhaize Exec Shaw Joins Farmstead
Burlingame, California-based Farmstead, the first online grocer to offer fresh groceries delivered for free, has hired former Walmart and Ahold/Peapod executive John Shaw as head of supply. In this role, Shaw leads merchandising, sourcing and supply chain activities. Shaw has more than 10 years of experience leading large teams for two major retailers and an […]
Wynshop, Shipt Partner On Same-Day Delivery For Regional Grocers
Wynshop (formerly ThryveAI) has partnered with Shipt to offer a fully integrated, out-of-the-box solution for regional grocers to offer same-day delivery to their shoppers. Many grocers are looking to expand their digital capabilities. According to State of Digital Grocery: Growth at the Cost of Profitability, a recent study conducted by Incisiv and Wynshop, the majority […]
