Mondelēz International has signed an agreement with global private equity firm The Riverside Co. and other shareholders—including Tate’s Bake Shop founder Kathleen King—to acquire Tate’s for nearly $500 million. Mondelēz says the deal gives it entree into the premium cookie market. Tate’s was founded in 2000 on Long Island, New York, producing cookies and baked goods. Mondelēz says […]
Category: National
Posted inDeli News, Amazon Fresh, Food Service News, Grocery News, Home Page Latest News, National, Produce News, Whole Foods
Neil Stern: Create Your Own Story To Remain Relevant
Editor’s note: Last month, The Shelby Report published part one of our coverage of a presentation given by Neil Stern, a senior partner at retail consultancy firm McMillanDoolittle LLP, at the Annual Meat Conference entitled “Maintaining Relevancy: Retail Trends Impacting Today’s World and Beyond.” In part one, Stern laid out demographic and consumer behavior trends, […]
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NGA: Store-Level SNAP Data Should Remain Private
Food stamp sales data is now public information. That’s according to a ruling by a three-judge panel of the Eight Circuit Court of Appeals in St. Paul, Minnesota, in Argus Leader Media vs United States Department of Agriculture. The decision “paves the way for the United States Department of Agriculture to release more than a […]
Posted inOnline Grocery Technology, Amazon Fresh, Bonus Content, Grocery Industry, Guest Contributors, Home Page Latest News, National, Whole Foods
A (Biased) Grocer’s Guide To Choosing A Digital Commerce Partner, Or Why I Became CEO Of Self Point
by Michael J. Haaf Last fall, I was asked to join the board of a promising startup. Although I had never heard of the company, I was immediately impressed by the tech firm’s focus on helping grocery chains fight back against Amazon-Whole Foods, Walmart and other retailers entering the traditional grocery space with a wide […]
Posted inFood Service News, Beverage News, Grocery Industry, Grocery News, Home Page Latest News, National, Suppliers
Nestlé Enters $7B ‘Alliance’ To Sell Starbucks Coffee
Starbucks Corp. is forming a “global coffee alliance” with Nestlé S.A. in an effort to accelerate and grow the global reach of Starbucks brands in the consumer packaged goods and foodservice categories. Nestlé will obtain the rights to market, sell and distribute Starbucks, Seattle’s Best Coffee, Starbucks Reserve, Teavana, Starbucks VIA and Torrefazione Italia packaged […]
Posted inFood Service News, Association News, Grocery Industry, Home Page Latest News, National
Menu Labeling Rules Now In Effect, Industry Responds
After two delays, Obama-era rules requiring chain restaurants and grocery stores to post the calorie counts of prepared foods on menus and menu boards went into effect on May 7. The rules, part of the 2010 Affordable Care Act, apply to chains with at least 20 stores. They’re intended to help consumers make healthier choices […]
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Former Ralphs CEO’s Estate Establishes Scholarship For FIM Program Alumni
The estate of Byron Allumbaugh has made a million-dollar gift to the USC Marshall School of Business Food Industry Management (FIM) Program, establishing the Byron Allumbaugh Food Industry Leadership Scholarship dedicated to educating and developing future leaders in the food industry. This full, graduate-level scholarship will be awarded each year to one outstanding FIM alumni accepted […]
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Amazon Dominates Retail Industry In 2018 Brand Intimacy Report
Amazon continues to dominate the retail industry, according to marketing agency MBLM’s Brand Intimacy 2018 Report, a study of brands based on emotions. The retail industry ranked third overall in the study, following the media & entertainment and automotive industries, which placed first and second, respectively. In the retail category, Amazon was followed by Target and Whole Foods. […]