Campbell Soup Co. has completed the acquisition of Snyder’s-Lance Inc. for $50 per share in an all-cash transaction, which represents an enterprise value of approximately $6.1 billion. “Snyder’s-Lance represents a strategic and transformative acquisition for Campbell, creating a $10 billion company with nearly half of our annual net sales in the faster-growing snacks category,” said […]
Category: National
New York, Philadelphia & Miami Top Best Cities For Fresh Food Access
New York is the best city for fresh-food access, with 75 percent of its residents living within a five-minute walk of a grocery store or year-round farmers market, followed by Philadelphia at 64 percent and Miami at 57 percent. This is according to a new report by real estate brokerage Redfin, which analyzed Walk Score data for 48 major […]
National Milk Producers Federation Lauds Spending Bill For Dairy Pride Act Language
The congressional spending bill signed by the President on March 23 directs the FDA to take action against imitation dairy foods, “representing a victory for farmers and consumers alike,” said the National Milk Producers Federation (NMPF) in a response to the bill. The omnibus spending bill to fund the government for the remainder of Fiscal […]
Albertsons Cos. Launching Digital Marketplace For Vendors
Albertsons Cos. is launching a new digital marketplace, opening general registration for vendors who want to participate in direct-shipping to Albertsons customers. “At Albertsons Companies, we have always prided ourselves on our wide assortment. This offering takes our assortment size to the next level by making the aisle practically infinite,” said Narayan Iyengar, SVP of digital […]
Majority Of Americans Trust Fairtrade Label
Fairtrade America partnered with the research firms Globescan and Atlantic 57 to explore consumer attitudes and perceptions around product labels. According to Globescan’s findings, 55 percent of Americans trust the Fairtrade label. People aged 25-44 reported even higher levels of trust, approaching 66 percent. Today’s shoppers are confronted with an overwhelming number of options—the average […]
Tampico Beverages Unveils Updated Logo, Branding
Tampico Beverages yesterday debuted its brand refresh, including an updated logo and a new “look and feel” across its family of fruit flavored juice drink products, website and social media channels. To celebrate the milestone and provide consumers with a chance to engage with Tampico’s new “Imaginatively Curious” tagline, brand ambassadors will be hosting “Tampico […]
Café Valley, Hershey Launch Chocolate Cheesecake Brownie Bites
Café Valley is partnering with The Hershey Co. to introduce a snack-size coffee cake bite that is equal parts brownie and cheesecake made with Hershey’s chocolate. Café Valley Chocolate Cheesecake Brownie Bites are set to hit grocery, convenience and club store shelves next month in 11.6-oz., clear plastic packages containing 12 brownie bites per case. The […]
Meredith Corp., eMeals To Bring Curated Meal Plans To Home Cooks
Meredith Corp., a national media and marketing company serving nearly 200 million unduplicated American consumers every month—including 85 percent of U.S. Millennials—is partnering with eMeals, a digital meal planning solution, to bring editorially curated meal plans to millions of home cooks. Through this partnership, Allrecipes, Better Homes & Gardens, and EatingWell users will have access to a trusted, end-to-end […]
