The J.M. Smucker Co. has completed the sale of its shelf-stable baking business, including the exclusive U.S. rights to the Pillsbury brand, along with the Hungry Jack, White Lily, Jim Dandy, Martha White and Funfetti brands, to Hometown Food Co., a wholly-owned portfolio company of Brynwood Partners VII L.P. and Brynwood Partners VIII L.P. The $375 million […]
Category: National
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Campbell To Sell Its Fresh And International Business Units
Campbell Soup Co. on Aug. 30 announced plans to sell its non-core businesses—including its fresh and international units—as part of its “board-led strategy and portfolio review to improve performance and drive shareholder value.” Campbell International consists of Arnott’s and the Kelsen Group, along with the company’s manufacturing operations in Indonesia and Malaysia and its businesses in […]
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Kroger Offering Instacart Delivery In 75 More Markets
The Kroger Co. and Instacart are expanding their partnership by bringing same-day delivery to 75 additional markets throughout the U.S. by late October. The expansion will grow Kroger and Instacart’s nationwide footprint by 50 percent, making the delivery service available through more than 1,600 stores. Kroger customers in more communities throughout the country—starting Aug. 30 with […]
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Gene Simmons Launches ‘Money Bag’ Line Of Sodas
Rock and Roll Hall of Famer, co-founder of KISS and serial entrepreneur Gene Simmons has launched a new soda line in cooperation with Niagara Falls, New York-based Rock Steady Sodas Inc., a subsidiary of Johnnie Ryan Bottling Co. The new line, Money Bag Sodas, is made with all-natural flavors, colors and sweeteners and packaged in eco-friendly glass […]
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7-Eleven’s Stout Promoted Following Delgado Jenkins’ Retirement
7-Eleven has promoted Jack Stout, SVP of merchandising, to SVP of merchandising, marketing and demand chain. Stout succeeds Jesus Delgado Jenkins, former EVP and chief merchandising officer, who retired in June. Stout is responsible for the company’s merchandising operations, category management, new product introductions, new category and profit center development, store sets, marketing and merchandise […]
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Frito-Lay Brings A Twist To Lunch Notes With New Chip Bag Packaging
As summer comes to a close, parents face the transition from relaxed schedules to the structure and routine that the schoolyear brings. In a twist to the common notion that parents can’t wait for back-to-school and students dread it, some statistics suggest otherwise: kids look forward to getting back to school, and many parents struggle […]
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V8 Introduces New Plant-Powered Beverage With Sweet Potatoes
Campbell Soup Co., maker of V8, is launching V8+Hydrate, a new plant-based beverage featuring sweet potato juice. “This category-changing beverage taps into the naturally occurring electrolytes and glucose of the sweet potato and perfectly blends it with water—creating an isotonic beverage that quickly replenishes fluids and nutrients,” says Campbell. With 45 calories in each 8-oz. can, V8+Hydrate contains one full […]
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Kroger To Phase Out Single-Use Plastic Bags By 2025
The Kroger Co. on Aug. 23 announced it will phase out single-use plastic bags and transition to reusable bags across its family of stores by 2025. Seattle-based QFC will be the company’s first retail division to phase out plastic bags, and Kroger expects QFC’s transition to be completed in 2019. “As part of our Zero Hunger […]