General Mills Inc. and Blue Buffalo Pet Products Inc. have entered into a definitive agreement under which General Mills will acquire Blue Buffalo for $40 per share in cash, representing an enterprise value of approximately $8 billion. General Mills expects the transaction to establish it as the leader in the U.S. “wholesome natural” pet food […]
Category: National
Posted inExecutive News, Home Page Latest News, National, Suppliers
Bilbrey Retiring As Hershey Co. Chairman, Successor Named
John P. Bilbrey has informed The Hershey Co. of his plans to retire as chairman of its board of directors. He will not stand for re-election at the company’s 2018 Annual Meeting of Stockholders scheduled for May 2, 2018. Bilbrey, age 61, previously served as president and CEO and was elected to the board of […]
Posted inAssociation News, C-Store News, National, Store News
Driving Habits Stable Despite Turbulent Stock Market, Rising Gas Prices
According to a National Association of Convenience Stores (NACS) Consumer Fuels survey, consumer optimism has dipped in February, but Jeff Lenard, NACS VP of strategic industry initiatives, said it does not mean consumer spending is poised to suffer. A turbulent stock market compounded by a 9-cent increase in gas prices lowered February consumer economic optimism […]
Posted inGrocery News, Albertsons, Corporate Store News, Grocery Industry, Health & Wellness, Home Page Latest News, National, Store News
Albertsons Cos. Merging With Rite Aid, Will Rebrand Store Pharmacies
Albertsons Cos. and drugstore chain Rite Aid Corp. have entered into a definitive merger agreement under which privately held Albertsons Cos. will merge with publicly traded Rite Aid. Current Rite Aid Chairman and CEO John Standley will become CEO of the combined company, with current Albertsons Cos. Chairman and CEO Bob Miller serving as chairman. […]
Posted inMeat/Seafood/Poultry, Grocery News, Home Page Latest News, National, New Products, Suppliers
Perdue Rolls Out ‘Fresh Cuts’ Pre-Cut Chicken Breasts
Perdue is aiming to save home cooks up to 30 minutes on meal preparation and cleaning time by providing chicken that is pre-cut. Its new Fresh Cuts offerings is fresh boneless, skinless chicken breasts that come diced or cut into strips so consumers can and add them straight from the package to the pan without having […]
Posted inOnline Grocery Technology, Equipment & Technology, Food Service News, Grocery Industry, Home Page Latest News, National
Dumac Combines Restaurant, Grocery POS Capabilities In One System
Dumac Business Systems Inc., a point-of-sale (POS) hardware, software and services company, has released a new module for its RORCv6 POS solution that supports the growing trend of grocerants—supermarkets offering in-store eateries. This suite of features, which includes both a kitchen display system and kiosk application, will enable grocers to manage grocery and in-store restaurant […]
Posted in, Grocery Industry, Home Page Latest News, Independent Store News, National
IGA Names Its International Retailers Of The Year, Presents New Awards
It’s a big year for Baker’s IGA. The Ohio grocer, owned by Gary and Terrie Baker, celebrates 100 years in business and was just named the IGA USA International Retailer of the Year. This award and others were presented at a brunch on Feb. 11 as part of the IGA Global Rally in Las Vegas, […]
Posted inGrocery News, Beverage News, Center Store, Executive News, Home Page Latest News, National, Produce News, Suppliers
Chacko To Succeed Papadellis As President Of Ocean Spray Cranberries
Randy Papadellis, president and CEO of Ocean Spray Cranberries Inc., announced Feb. 15 that he plans to leave the cooperative on July 1, 2018, capping an 18-year career. Effective immediately, Bobby Chacko, who has been serving as SVP and chief growth officer since 2017, has been promoted to president and COO. Papadellis, whose career in the food […]