Daniel Katz has been elected by the board of managers of Allegiance Retail Services LLC and the board of directors of Foodtown Inc. to serve as the chairman and CEO of Allegiance and Foodtown. Katz is co-president and CEO of PSK Operating LLC, a longtime member of Allegiance and Foodtown, which through affiliated companies own […]
Category: Merchandising News
Better ‘N Peanut Butter Brand Expands Under New Ownership
Southampton, New York-based Wonder Natural Foods Corp., a producer of low-fat, low-calorie peanut spreads under the registered trademarked brand name Better ‘n Peanut Butter, is under new ownership, which has a focus on increasing distribution of the peanut spread products. In 2018, Wickapogue Management LLC acquired Wonder Natural Foods Corp. and has since established several initiatives focused on developing new product innovation strategies […]
Sam’s Club Leader Furner To Take Helm Of Walmart U.S.
On Nov. 1, John Furner will become president and CEO of Walmart U.S., following Greg Foran’s five years in the role. Furner will report to Doug McMillon, president and CEO of Walmart Inc. in Bentonville, Arkansas. Foran, who has accepted the role of CEO for Air New Zealand Ltd., will stay on with Walmart through […]
Conagra Brands Set To Showcase New Snacks At NACS Show
Chicago-based Conagra Brands Inc. will be bringing a lineup of its snacks to the 2019 NACS Show, presented by the National Association of Convenience Stores, at the Georgia World Congress Center in Atlanta Oct. 2-4. According to IRI data, Conagra Brands’ $2 billion snacks business is one of the largest and fastest-growing in the food […]
Red Thread Coffee Co. Relaunches With A New CEO
Red Thread Coffee Co., the women-founded and women run company that makes the only cold brew where the entire line is certified organic, Fair Trade and single origin with no sugar or additives, is relaunching under new CEO Kelly Reilly, an industry veteran with more than 20 years of experience. Red Thread also launched a […]
Impossible Burger Makes East Coast Grocery Debut In Wegmans, Fairway
After a launch on the West Coast, the Impossible Burger has made its East Coast grocery store debut at all 100 Wegmans grocery stores in seven states and at two Manhattan locations of Fairway Market. Though widely available in restaurants since 2016, the award-winning Impossible Burger became available in grocery stores Sept. 20, when it […]
KDP Will Market McDonald’s McCafé Packaged Coffee Next Year
McDonald’s USA and Keurig Dr Pepper (KDP) have signed a long-term master licensing and distribution agreement for McCafé packaged coffee in the U.S. The McCafé packaged coffee business launched with Kraft Heinz in 2014. Under the agreement, KDP will continue to be the exclusive manufacturer of McCafé K-Cup pods in the U.S. KDP will also […]
Focal Systems Shelf Camera Pilot With Wakefern Expanded
Wakefern Food Corp. is expanding its Focal Systems pilot from four to 50 stores. Focal, a provider of retail automation solutions, offers shelf camera-based computer vision systems that capture images of store shelves in order to calculate what is out of stock. “Focal Systems’ out-of-stock detection through computer vision and artificial intelligence has enabled us […]
