Houchens Industries has appointed Jordan White as EVP, the Bowling Green, Kentucky-based company announced Feb. 26. White will work with executive leadership and subsidiary management teams to support strategic growth initiatives, capital deployment and operational excellence across Houchens’ portfolio of companies. “I am excited to have Jordan join the Houchens team,” said Dion Houchins, chairman […]
Category: Grocery Industry
J.M. Smucker Appoints Two Independent Directors Following Elliott Agreement
Orrville, Ohio-based The J.M. Smucker Co. has appointed Woo-Sung “Bruce” Chung and David Singer to its board of directors effective April 15. The appointments follow engagement with Elliott Investment Management, with whom the company has entered into an information-sharing agreement to facilitate collaboration toward driving sustainable value for all shareholders. With the addition of Chung and […]
Schwass Takes Helm At IDDBA As Haaf Departs
International Dairy Deli Bakery Association (IDDBA) CEO David Haaf has stepped down from his position effective Feb. 26, the organization’s board of directors announced. Chris Schwass, the association’s CFO, has been appointed acting CEO. Schwass, who has 28 years of experience at the Madison-Wisconsin-based organization, will lead operations while the board begins the search for […]
NRS, Krasdale Foods Form Partnership To Support Independent Bodegas
National Retail Solutions and Krasdale Foods have announced a strategic partnership, combining NRS’s point-of-sale technology with the grocer’s distribution network to serve independently owned bodegas and small-format stores across the Northeast. Developed over several years, the collaboration integrates NRS’s store-management platform with Krasdale’s supply-chain capabilities to deliver operational efficiency, data insights and profitability tools for […]
Tops Markets Completes $2.3M Store Remodel In Tonawanda, NY
Tops Friendly Markets completed a $2.3 million remodel of its store at 890 Young Street in Tonawanda, New York, marking the company’s 50th major site renovation in six years. The project is part of Tops’ capital improvement project, which has included more than $100 million invested across its three-state footprint of New York, Pennsylvania and […]
Acosta Group Study: Shoppers Worried About Artificial Ingredients In Food
Fifty percent of U.S. shoppers are worried about health risks from artificial ingredients, chemicals and preservatives in foods, with that number rising to 79 percent among health-focused shoppers, according to a new study from Acosta Group released Feb. 24. The ingredients-focused shopper study found that 58 percent of all shoppers read labels all or most […]
Schnucks Springboard Seeks Third Cohort For Emerging Business Accelerator
Schnuck Markets Inc. is accepting applications for the third cohort of its Schnucks Springboard accelerator program for emerging suppliers, with a deadline of April 25. Midwest business owners must meet specific criteria to qualify. Applicants must have annual consumer product goods revenue of less than $1 million, fewer than 10 years in the CPG business […]
NFRA Survey Finds Price Is Biggest Factor In Grocery Decisions
Seventy-eight percent of consumers cite price as the biggest factor in their grocery decisions, driving increased adoption of frozen foods as Americans seek to curb food costs, according to the National Frozen & Refrigerated Foods Association. Recent findings from the USDA Consumer Price Index for Food show food away from home rose 4.1 percent over […]
