An affiliate of Butterfly Equity has agreed to purchase Bolthouse Farms from Campbell Soup Co. for $510 million. The agreement is subject to regulatory approvals and is expected to be completed by the end of 2019. Butterfly Equity is a Los Angeles-based private equity firm specializing in the food sector. Bolthouse Farms is Butterfly’s fourth […]
Category: National
Posted inHealth & Wellness, Beverage News, Corporate Store News, Home Page Slider, National, Suppliers
Walmart Success Leads To Soylent Nutrition Distribution Nationwide
Thanks to sales success in select Walmart stores, Soylent Nutrition is making five Soylent meal replacement drinks available at all Walmart stores nationwide. The drinks will be available in four-bottle packs. “Soylent is committed to providing affordable, accessible and appealing complete nutrition to the masses and Walmart’s tremendous presence and reach makes them a great […]
Posted inGrocery Industry, Association News, Home Page Slider, National, Online Grocery Technology
Digitally Engaged Food Shopper Study Expanded by FMI, Nielsen
The Digitally Engaged Food Shopper study has been expanded by Food Marketing Institute and Nielsen to address the constant changes in digital platforms. The study delivers an omnichannel roadmap for the food marketing industry. Through a broadened roster of advisory partners, this year’s output will bring to life a set of actionable tools and resources […]
Posted inMeat/Seafood/Poultry, Association News, Grocery News, National
NPPC’s World Pork Expo Canceled Due To African Swine Fever Concerns
Due to concerns about African swine fever, the National Pork Producers Council board of directors has decided to cancel World Pork Expo 2019 scheduled for June in Des Moines, Iowa. African swine fever (ASF) continues to spread in China and other parts of Asia. World Pork Expo, held each June at the Iowa State Fairgrounds […]
Posted inMeat/Seafood/Poultry, Grocery Industry, Marketing News, National, Perishables
Midan Marketing Segments Meat Consumers To Understand Trends
In an effort to help retailers understand customers who purchase meat, Midan Marketing conducted an updated segmentation study of meat consumers in the U.S. The study, conducted in late 2018, is the second edition of segmentation research Midan Marketing conducted in 2016, which provided key insights into six distinct meat consumer groups. According to Midan […]
Posted inNational, Corporate Store News, Grocery Industry, Home Page Slider
Walmart Renovating Stores In 6 States To Enhance Customer Service
Walmart plans to spend millions remodeling and renovating 157 stores in six states for customer service innovations. Stores in Texas, Florida, California, Indiana, Arizona and Pennsylvania will receive upgrades to expand customer-focused innovations such as online shopping, grocery pickup, grocery delivery, pickup towers, autonomous shelf scanners, fast unloaders and autonomous floor scrubbers. Nationwide this fiscal […]
Posted inBakery News, Association News, Grocery News, Home Page Slider, Merchandising News, National, Perishables
‘Power of Bakery’ Report: Bakery Is A Driver Of Grocery Store Sales
A bakery in a grocery store drives store sales and encourages emotional connections with consumers, according to the results of the Power of Bakery Report, a report jointly released by the American Bakers Association (ABA) and Food Marketing Institute (FMI). The results of the analysis, unveiled at the ABA Convention in Naples, Florida, share consumer perceptions, […]
Posted inStore News, Corporate Store News, Executive News, Grocery Industry, Home Page Slider, National
Kroger Promotes Three SVPs, Shifts Division Presidents
The Kroger Co. has promoted several executives to support its Restock Kroger initiative and is relocating some of its division heads, including replacing the retiring Marlene Stewart in Houston, Texas. “We are making progress on redefining the customer experience, and our high-performing leaders are determined to maintain that momentum in year two of Restock Kroger […]