ProAmpac has expanded its ProActive Recyclable RP-2000 High Barrier Series, a curbside recyclable, fiber-based packaging platform designed to replace traditional non-recyclable multilayer structures. The RP-2000 platform provides barriers to oxygen and moisture, making it suited for sensitive dry food products including oatmeal, granola, cereal, spices, snacks, dried fruits and nuts. The expansion aims to help […]
Category: Finance News
Market moves, funding, earnings, and financial strategy across the grocery industry.
Posted inExecutive News, Finance News, National, News
Target Names New CMO, COO Following Leadership Change
Target Corp. named Cara Sylvester CMO and Lisa Roath COO as part of executive leadership changes under new CEO Michael Fiddelke. The appointments are designed to strengthen merchandising authority and elevate the guest experience. Target confirmed it expects to report fourth quarter 2025 sales, full-year GAAP EPS and full-year Adjusted EPS in line with prior […]
Posted inIndependent Store News, Executive News, Finance News, Foodtown, News, Northeast
ARS’ Fantozzi To Receive Visionary Award From Foundation Fighting Blindness
Joseph Fantozzi, president and COO of Allegiance Retail Services (ARS), will receive the Visionary Award from The Foundation Fighting Blindness on May 14 during the annual Night For Sight gala at Guastavino’s in New York City. The award recognizes honorees for exemplary values, visionary leadership and philanthropic impact on the community. Fantozzi will be recognized […]
Posted inSnacks Brands, Finance News, News, Northeast
Utz Brands Targets $1.9B Sales In Long-Term Growth Plan
Hanover, Pennsylvania-based Utz Brands outlined long-term targets – including $1.9 billion in net sales potential and annual adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) growth of 6-8 percent with margin expansion to at least 17 percent – Feb. 18 during the Consumer Analyst Group of New York conference. CEO Howard Friedman and CFO BK […]
Posted inSnacks Brands, Center Store, Executive News, Featured News, Finance News, Home Page Slider, National, News, Suppliers
Campbell’s Taps CPG Veteran Anand To Lead Snacks Division
Camden, New Jersey-based Campbell’s announced that seasoned global executive Mohit Anand will join the company as EVP and president of its Snacks division on Feb. 23. Anand succeeds Elizabeth Duggan, who is departing the company after a nearly seven-year tenure that included leading Campbell’s Canadian business and serving as chief transformation officer. Anand steps into […]
Posted inOnline Grocery Technology, Associated Wholesale Grocers, Finance News, Midwest, News, Wholesaler/Distributor News
AWG Selects RELEX For AI-Driven Forecasting Across 3.5K Stores
Kansas City, Kansas-based Associated Wholesale Grocers (AWG) has selected RELEX Solutions to optimize distribution center forecasting and replenishment across its network of 3,500 member locations. AWG will implement the RELEX artificial intelligence-driven forecasting and replenishment solution to replace its legacy in-house proprietary systems and manual processes. The platform will deliver scalability and automation to improve forecasting […]
Posted inIndependent Store News, Featured News, Finance News, News, Northeast, Wakefern
Wakefern Food Corp. Selects Eagle Eye To Power Loyalty, Personalization
Wakefern Food Corp. has selected Eagle Eye to accelerate its loyalty strategy and deliver artificial intelligence-powered customer engagement initiatives across its retail network. The program is expected to go live in mid-2026. Wakefern, the largest retailer-owned supermarket cooperative in the U.S., will deploy Eagle Eye’s MACH-approved loyalty and personalization platform, moving away from a POS-based […]
Posted inExecutive News, Center Store, Finance News, National, News
Kraft Heinz Names Amaya President, North America
Chicago-based Kraft Heinz has named Nicolas Amaya president of North America, effective Feb. 23, overseeing strategy, operations and performance across Kraft Heinz’s largest market. Amaya most recently served as SVP and president of Kellanova North America, where he was a member of Kellanova’s executive committee. Navio steps down Pedro Navio, current president of North America, will step […]