In connection with this week’s official $100 billion merger of Anheuser-Busch InBev and SABMiller, Altria Group Inc. received 185,115,417 restricted shares of the combined company, AB InBev, representing a 9.6 percent economic and voting interest in AB InBev, and approximately $5.3 billion in pre-tax cash. In addition, Marty Barrington, Altria’s chairman, CEO and president, and […]
Category: National
Albertsons Cos. Adopts ReposiTrak Food Safety Solution
Albertsons Cos. has chosen ReposiTrak to manage regulatory and business documentation compliance within its supply chain. ReposiTrak is a provider of Compliance Management and Track & Trace solutions for food, pharma and dietary supplement safety. “At Albertsons, the health and safety of our customers is of the highest priority,” said Jim Seiple, CFS, group VP, product development, […]
Walmart’s Plan To ‘Win’ Includes Boosting E-Commerce, Slowing New-Store Openings
At its 2016 Investment Community Meeting last week Walmart Stores outlined the company’s strategic framework to grow by serving customers across all channels, creating a seamless shopping experience. Walmart President and CEO Doug McMillon outlined four key areas of focus to drive continued success: • Make every day easier for busy families; • Operate with […]
New IDDBA Officers And Board Of Directors Elected
The International Dairy-Deli-Bakery Association (IDDBA) in Madison, Wisconsin, elected its 2016-17 officers and board of directors at its annual business meeting recently held in Chicago. Jewel Hunt, group VP-bakery for Albertsons Cos., was elected chair. Hunt has served on the board of directors since 2010 and has been involved in many committees. John Cheesman, VP […]
NGA Show Moving To New City In 2019
The National Grocers Association (NGA) says that it will move its 2019 and 2020 shows in order to accommodate growth. The show has been held in Las Vegas for the past several years and will be held there in 2017 and 2018. The 2019 and 2020 NGA Shows will be held in San Diego, California, […]
Jell-O Brand Launches Simply Good Product Line
Inspired by kids and their unfiltered honesty, the Jell-O brand is introducing a new product line to the family: Jell-O Simply Good. Jell-O Simply Good pudding mixes are made with real ingredients like banana, cocoa and vanilla bean, and the gelatin mixes are flavored with real fruit juices. Jell-O Simply Good contains no artificial flavors, […]
Most Consumers Say They Lack Access To Information About Food, Research Shows
More of today’s consumers crave information about food and how it’s produced—but the latest consumer trust research from The Center for Food Integrity (CFI) shows that most are hungry for more. Only 28 percent—or slightly more than one in four—strongly agree with the following statement: “I have access to all the information I want about […]
Sprouts To Open 36 Stores In 2017, Including First Fla. And N.C. Units
Sprouts Farmers Market has revealed eight new locations to open in the first quarter of 2017. The list includes the Phoenix, Arizona-based chain’s first stores in Florida and North Carolina, marking continued growth in the Southeast. Sprouts will open a total of 36 stores in 2017. The eight new stores that Sprouts announced today will […]
