Chiquita Brands International Inc. and the Cutrale-Safra group have reached a definitive merger agreement valued at approximately $1.3 billion. The agreement has been unanimously approved by Chiquita’s board of directors and includes Cutrale-Safra acquiring all outstanding common shares of Chiquita for $14.50 per share in cash. The companies say the transaction combines Chiquita, one of […]
Category: National
Posted in, Center Store, National, New Products
M&M’S Brand Adds Baking Bits To Lineup
M&M’S Brand says it is introducing two ways to add colorful fun to cookies, brownies and other baked goods: M&M’S Brand Semi-Sweet Chocolate Baking Bits and M&M’S Brand Minis Milk Chocolate Baking Bits. The new products come in display-ready cases, and the 10-oz. laydown bags include recipes on the back. They’ll hit store shelves in […]
Posted in, Beverage News, Center Store, National, Suppliers
Coca-Cola Looks To ‘Reinvigorate Growth’
The Coca-Cola Co. says it plans to take actions to reinvigorate growth, supporting the Atlanta-based company’s previously announced five strategic priorities to restore momentum and the company’s long-term growth target of high single-digit comparable currency neutral EPS. “We are taking decisive action to position The Coca-Cola Co. to continue delivering long-term value for our shareowners,” […]
Posted in, Beverage News, National, New Products, Southeast
Professional Golfers Introduce GolfBeer
Three of the top names in professional golf are now in the beer business. Freddie Jacobson, Keegan Bradley and Graeme McDowell are launching a series of easy-drinking craft beers through their new company, GolfBeer Brewing Co. The move marks the first time professional golfers have started their own beer company and have been associated with […]
Posted in, National, Store News
Nearly Half Of Americans Likely To Avoid Retailers Affected By Data Breaches
This holiday season, nearly half of Americans are likely to avoid shopping at stores that were affected by data breaches over the past year, according to a new CreditCards.com report. This includes large retailers like Target, Home Depot and Neiman Marcus. Forty-five percent of major credit and debit card holders say they would “definitely” or […]
Posted in, Executive News, National, Women In The News
Beverly Lynch Named President Of FIAE
The Food Industry Association Executives (FIAE) has appointed Beverly Lynch as its new president, effective April 1, 2015. “Beverly was selected from a first-rate group of applicants. The level of expertise offered by the candidates was exceptional, and the final decision was a difficult one to make,” said FIAE Chairwoman Jamie Pfuhl. “Beverly brought an outstanding perspective […]
Posted in, National, Produce News, West
Wonderful Halos, Mulholland Citrus Collaborate To Expand Mandarin Market
Paramount Citrus, America’s largest citrus grower, has partnered with Mulholland Citrus, one of the top California-based mandarin farming, packing and selling operations, to become the exclusive sales agent for Mulholland Citrus’ mandarins. The goal of the partnership is to expand the consumption and category of mandarins across North America by consolidating volume in the No. 1 […]
Posted in, Beverage News, National
Mike’s Hard Lemonade Introduces ‘Crafted To Remove Gluten’ Seal On All Mike’s Products
Mike’s Hard Lemonade Co. is rolling out new packaging featuring an exclusive “Crafted to Remove Gluten” seal. The “Crafted to Remove Gluten” seal was specially developed to educate and inform consumers and is used exclusively on Mike’s products with permission from the Alcohol and Tobacco Tax and Trade Bureau (TTB), which oversees gluten labeling for […]