Hormel Foods has promoted Karen Wiernik, senior director of innovation and business development for its CytoSport division, to SVP of marketing for CytoSport. CytoSport is Hormel’s family of sports nutrition products; its brands include Muscle Milk, Cytomax and Monster Milk. The division is based in Walnut Creek, California. “Congratulations to Karen on her advancement,” said CytoSport […]
Category: National
New CEO Report Reveals Insights Among Leadership Of America’s Biggest Companies
Feigen Advisors, an advisory firm to CEOs of the world’s largest companies, has released its third annual New CEO Report, which profiles the new chief executives appointed to lead S&P 250 companies in 2016. The report debunks some of the commonly held assumptions about turnover at the top of America’s biggest companies while shedding light […]
Walmart ‘Aggressively’ Expanding Grocery Pickup As It Also Rolls Out Online Discount
Walmart is “aggressively” expanding its Online Grocery Pickup Service, according to Mark Lore, president and CEO of Walmart U.S. e-commerce. Lore says on the company’s website that the service is now in 600 stores with an additional 500 coming this year. That news comes as Lore also reveals that, beginning April 19, Walmart will begin […]
Whole Foods Market Investor Reportedly Wants Chain To Consider A Possible Sale
Is Whole Foods Market being primed for a takeover? Perhaps. The Wall Street Journal and CNBC report that activist investor Jana Partners has built a nearly 9 percent stake in the Austin, Texas-based grocery chain and wants the company to “speed up its turnaround efforts while also exploring a possible sale.” “The activist investor has […]
Harvest And Sherwood Food Distributors Merge
Harvest Food Distributors and Sherwood Food Distributors have merged to form a nationwide protein and perishable food distribution network, servicing independent food retailers, regional and national chains, cruise lines and foodservice distributors from coast to coast. The merger of Harvest Sherwood brings together two family-owned companies to serve as a single, trusted partner for producers and […]
Convenience Stores Hit Record In-Store Sales In 2016
U.S. convenience stores experienced record in-store sales of $233.0 billion in 2016—as well as their third straight year of $10 billion-plus in pretax profits—according to newly released “NACS State of the Industry” data, which provides benchmarks and key performance category insights for the convenience and fuel retailing industry. Convenience stores, which sell more than 80 […]
Supervalu 2017 National Expo Plans Announced
Supervalu has unveiled plans for its fourth annual National Expo, which will be held July 25-27 at the RiverCentre in St. Paul, Minnesota. The event will feature a day of educational seminars and workshops tailored to help independent grocery retailers serve their customers better, as well as access to more than 300 vendors across nearly […]
Specialty Food Industry Sales Hit $127 Billion In 2016
Sales continue to grow as Americans embrace specialty food and beverages, according to the Specialty Food Association (SFA), which reports that the industry is taking its place as an integral player with traditional and non-traditional specialty food retailers, foodservice operators and distributors. SFA’s annual State of the Industry report, released Thursday, examines the $127 billion […]
Dove Launches Baby Care Product Line
Now in its 60th anniversary year, Dove is launching a line of baby care products called Baby Dove. Baby Dove has products for all skin types in its Rich Moisture and Sensitive Moisture ranges. Baby Dove’s Rich Moisture range has been developed for babies with normal to dry skin. These products are hypoallergenic with pH neutral, […]
Pending Acquisition By 7-Eleven Will Mark One Of Largest In Company History, Entry Into Houston
7-Eleven Inc. has entered into an asset purchase agreement with Sunoco and will acquire approximately 1,108 convenience stores located in 18 states. “This acquisition supports our growth strategy in key geographic areas, including Florida, Mid-Atlantic states, Northeast states and Central Texas,” said Joe DePinto, president and CEO of Irving, Texas-based 7-Eleven. “It also provides (us) […]
Sprouts Reveals Locations For New Stores
Sprouts Farmers Markets said April 5 that it intends to open 11 new stores in 2017’s second half. For the year, the Phoenix, Arizona-based grocer will open a total of 32 new stores across the country. The latest 11 stores will be located in: • Clairemont, California, at 4635 Clairemont Drive • Diamond Bar, California, at 239 […]
The Most Successful CPG Brand Launches Of 2016
IRI has revealed last year’s most successful consumer packaged goods launches in its 2016 New Product Pacesetters report, a benchmark analysis of exceptional first-year CPG sales success for newly launched products. Thousands of new brands hit retail shelves during 2016, with 80 percent of the top-ranking brands hailing from small and mid-size manufacturers and accounting for […]
McLane Co. Becomes Walmart’s Primary Candy, Tobacco Products Provider
Walmart has renewed its service agreement with McLane Co., a provider of grocery and foodservice supply chain solutions. As part of the extended agreement, McLane will continue to deliver to Walmart stores across the U.S., in addition to becoming the sole provider of candy and tobacco products to the majority of Walmart’s retail locations. In […]
Claus Out At Save-A-Lot As Former Lidl Chief Takes Over
Save-A-Lot CEO Eric Claus and Onex, the company’s controlling shareholder, have “mutually agreed to part ways” as the discount chain has appointed former Lidl leader Kenneth McGrath its new chief executive, effective April 21. “We want to thank Eric for his contributions to Save-A-Lot over the past year,” said Matthew Ross, chairman of Save-A-Lot’s board of […]
Midan Marketing’s Deep-Dive Breaks Meat Consumers Into Six Segments
Midan Marketing was looking for depth when it took on understanding today’s meat consumer. To do that, it conducted a deep-dive survey of 2,200 consumers that was designed to flesh out consumer beliefs and behaviors around meat. Danette Amstein and Michael Uetz, both principals at Midan Marketing, shared findings with attendees at the Annual Meat […]
Nestlé Waters North America Names New CEO
Fernando Mercé has been named president and CEO of Nestlé Waters North America (NWNA), effective May 1. Mercé, formerly CEO of Nestlé Purina Latin America & Caribbean, will oversee all NWNA’s operations in both the U.S. and Canada. Mercé also will serve as a member of the global Nestlé Waters board of directors. “I am delighted […]
Supermarkets Rank Tops For Customer Experience
Publix, H-E-B and Hannaford deliver the best customer experience in the supermarket industry. That’s according to the 2017 Temkin Experience Ratings, an annual customer experience ranking of companies based on a survey of 10,000 U.S. consumers. This year, supermarkets earned the two highest scores in the entire Ratings. With a score of 84 percent, Publix not […]
Mars Says It Will Invest $70M In U.S. Manufacturing
Mars Chocolate North America said Thursday that it will make a $70 million reinvestment in its U.S. supply chain, adding approximately 250 new jobs to sites across the country. The move ensures that more than 95 percent of Mars’ chocolate products for the U.S. are made in America, according to the Hackettstown, New Jersey-based company. […]
Del Monte Fresh Produce Rolls Out Pre-Measured Smoothie Kits
Del Monte Fresh Produce is introducing its Del Monte Smoothie Kit product line. The smoothies are available in a variety of sizes at select locations across North America, in four varieties: • Antioxidant: Strawberries, Red Apples and Blueberries; • Super Fruit: Strawberries, Kiwi, Mangoes and Blueberries; • Energizer: Strawberries, Red Grapes, Carrots, Mangoes, Red Peppers and […]
Who Is Most Likely To Grocery Shop Online?
Although online grocery shoppers can be found across all demographic groups, they are more likely to be younger men, age 18-44, according to a recent report on online grocery shopping by The NPD Group. Amazon Prime members and young adults are other groups more likely to grocery shop online, finds “The Virtual Grocery Store” report. The […]
