The National Grocers Association (NGA) has revealed this year’s winners in its Creative Choice Awards contest, sponsored by Kellogg’s and Unilever. The contest honors the best marketing and merchandising campaigns in the grocery industry that positively impact sales, benefit the community and stand out creatively. Entries are judged by a panel of 26 industry experts. The Creative […]
Category: National
Lakeview Capital Inc. Acquires The Mochi Ice Cream Co.
An investment fund managed by Lakeview Capital Inc., a Michigan-based family office, has closed its acquisition of The Mochi Ice Cream Co., makers of My/Mo Mochi Ice Cream and the largest branded manufacturer of mochi ice cream in North America. Lakeview Capital Inc. acquired the company from Century Park Capital Partners. Headquartered in Los Angeles, California, My/Mo Mochi […]
Visual Merchandising Icon Martin M. Pegler Dies At 97
The International Housewares Association has announced that Gia Expert Juror Martin M. Pegler died Jan. 17, 2020, peacefully at his home in New York surrounded by his family. He was 97. A professor for 30 years in the Display & Exhibit Design Department at the Fashion Institute of Technology in New York, Pegler was instrumental […]
CVS Health Completes Acquisition of Target’s Pharmacy And Clinic Businesses
CVS Health Corp. has completed the acquisition of Target Corp.’s pharmacy and clinic businesses for approximately $1.9 billion. With the completion of the transaction, CVS Health acquired Target’s 1,672 pharmacies across 47 states and will operate them through a store-within-a-store format, branded as CVS/pharmacy. In addition, a CVS/pharmacy will be included in all new Target stores […]
Coca-Cola Showcases Innovation, Actionable Insights At NACS Show
by Treva Bennett/staff writer The Coca-Cola Co. showcased a variety of innovation and actionable insights at the 2019 NACS Show, held in October at the World Congress Center in Atlanta. New products and new flavors will be introduced early this year, with a few released in late 2019. According to J.C. Harvey, director of […]
Updated: Lucky’s Market To Sell 11 Stores, Begins Chapter 11 Proceedings
Lucky’s Markets has agreed to sell various ongoing stores to its founders, Bo and Trish Sharon, who will be a stalking horse in the Lucky’s Chapter 11 process which was filed earlier this week, according to a Jan. 30 statement by investment banking advisor PJ Solomon. On Jan. 27, the Niwot, Colorado-based natural foods chain […]
FMI—The Food Industry Association Celebrates Six Industry Leaders
FMI—The Food Industry Association honored six industry leaders with its 2020 Executive Leadership Awards at its Midwinter Executive Conference. The six were recognized for elevating the food industry through their investments in talent, the customer and for transforming the business environment. “The food industry is a people business; in our operations, there are three necessary […]
2020 Will Be A Year Of Innovation For Mars Wrigley Brands
Mars Wrigley showcased some of its innovations for a number of its iconic brands at the recent 2019 NACS Show in Atlanta. Shaf Lalani, VP of strategic demand leadership, said 2020 will be a big year for Mars Wrigley, with M&M’s Fudge Brownie being its largest launch. “You’re probably familiar with the caramel launch we […]
