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 […]
Category: National
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 […]
Posted in, Albertsons, Guest Contributors, National, Shelby Signature Content
The Path To Chapter 11 Can Follow One Of Several Roads
Events leading a business to file for protection under Chapter 11 can take different forms and move at different speeds. The retail food business has recently served up two examples of polar opposites in their trip to Chapter 11. A&P’s trip, by some accounts, began in the 1950s. Haggen, on the other hand, had barely […]
Posted in, Beverage News, National, Suppliers
SABMiller Rejects Latest Purchase Offer From A-B InBev
The SABMiller board of directors has unanimously rejected Anheuser-Busch InBev’s latest offer to buy the company for GBP 42.15 per share in cash, which would have given it a value of nearly £68 billion, or $103.6 billion. A-B made the proposal today. The offer is the company’s third for SABMiller; the prior two were written […]
Posted in, Equipment & Technology, Grocery Store Equipment, National
Hillphoenix Earns Fifth EPA GreenChill Award
Hillphoenix, designer and manufacturer of commercial refrigerated display cases and specialty products, refrigeration systems, integrated power distribution systems and walk-in coolers and freezers, has received a 2014-15 Achievement Award—Store Certification Excellence from the U.S. Environmental Protection Agency’s GreenChill Partnership program. It’s the company’s fifth GreenChill award since the program launched in 2007. For the third […]
Posted in, Aldi, Corporate Store News, National, Store News
Aldi Reformulating Exclusive Brand Food Products
Discount grocer Aldi has removed certified synthetic colors and partially hydrogenated oils, as well as removed added MSG, from all of its exclusive brand food products. The announcement is part of the company’s efforts to expand store offerings and address customers’ preferences and needs about particular ingredients in their food. With 90 percent of Aldi […]