Minneapolis-based Supervalu on Wednesday reported second quarter fiscal 2016 net sales of $4.06 billion and net earnings from continuing operations of $31 million, or $0.11 per diluted share, which included $6 million in after-tax costs related to the potential separation of Save-A-Lot and severance costs. When adjusted for these items, second quarter fiscal 2016 net […]
Category: National
Posted in, Executive News, Grocery Industry, Independent Store News, National
AWG Makes Organizational Changes
A day after it announced the promotion of Jeff Pedersen to EVP of division operations, Associated Wholesale Grocers (AWG), based in Kansas City, Kansas, is making several organizational changes. Effective Dec. 7, Steve Arnold, EVP of merchandising, will transfer to the Oklahoma City Division to the position of SVP and division manager, reporting to Pedersen. […]
Posted in, Grocery Industry, National, Store News
FMI Launches Crowd-Sourced Campaign To Correct Grocery Misconceptions
The Food Marketing Institute (FMI) has launched a campaign aimed at correcting misconceptions in the food retail environment. Supermarket Myths. . . Busted is an online destination designed to help food retailers mitigate untruths that ultimately confuse shoppers or get perpetuated online. Sue Borra, SVP of communications and strategic planning for FMI, said of the […]
Posted in, C-Store News, National, New Products
Van Holten’s Introduces Pickle Flavored Freeze Pops Called Pickle-Ice
Van Holten’s has taken the pickle out of the pouch but left the juice. Pickle-Ice is a 2-oz. freeze pop made with Van Holten’s pickle juice and enhanced with electrolytes. This refresher can be consumed frozen or un-frozen and is a sugar-free alternative to sports drinks, according to Waterloo, Wisconsin-based Van Holten’s. “Pickle-Ice is real […]
Posted in, Beverage News, National, Suppliers
SABMiller Agrees To Merge With AB In-Bev
The fourth time is apparently the charm, as SABMiller has agreed “in principle” to merge with Anheuser-Busch InBev. AB InBev on Monday confirmed another offer to buy SABMiller for about 67.4 billion pounds, or $103.6 billion. The bid is more than a pound more per share (43.50) than its previous offer of GBP 42.15, which […]
Posted in, Beverage News, National, Suppliers
A-B InBev Ups Bid, Again, For SAB Miller
Anheuser-Busch InBev really wants to merge with SABMiller in order to make a global beer giant. The company today confirmed another offer to buy SABMiller for about 67.4 billion pounds, or $103.6 billion. The bid is more than a pound more per share (43.50) than its previous offer of 42.15, which SABMiller rejected less than […]
Posted in, Grocery News, Marketing News, National, Suppliers
Facts Up Front Featured On Lifetime
A Lifetime show airing this month features Facts Up Front and how this innovative front-of-pack labeling can help people shop for food and prepare balanced and healthier meals, according to the Grocery Manufacturers Association (GMA). The Balancing Act segment first aired Oct. 8 and will be broadcast again on Oct. 15, in addition to being […]
Posted in, Bakery News, Dairy News, Deli News, National
IDDBA Elects 2015-16 Officers, Board Of Directors
The International Dairy-Deli-Bakery Association (IDDBA) recently elected its 2015-16 officers and board of directors at its annual business meeting in Chicago. John Cheesman, VP of business development, Clyde’s Delicious Donuts, was elected as the association’s chairman of the board. He has served on the board of directors since 2006 and has been actively involved in […]