Green Mountain Coffee Roasters Inc. (GMCR) has changed its company name to Keurig Green Mountain Inc., effective immediately. Shareholders approved the new name at the company’s annual shareholder meeting last week. The company will retain its ticker symbol of “GMCR” on the NASDAQ stock exchange. “Our new name better reflects who we are as a […]
Category: National
Posted in, National, New Products
Gardein Rolls Out Golden Fishless Filets
Garden Protein International Inc.—the makers of Gardein, the plant-based complete protein brand currently sold in more than 20,000 stores in North America—has launched its golden fishless filet. Rich in flavor and texture, this protein innovation also provides omega-3s with no cholesterol. The crispy and breaded fish-free product is available now at select U.S. retailers. Each […]
Posted in, National
Chiquita Merges With Fyffes To Become Global Banana Leader
Chiquita Brands International and Fyffes said this morning that their boards have unanimously approved a definitive agreement for Chiquita to combine with Fyffes in a stock-for-stock transaction. Chiquita shareholders are expected to own approximately 50.7 percent of the combined company—called ChiquitaFyffes—and Fyffes shareholders, 49.3 percent on a fully diluted basis. The deal would create a […]
Posted in, Albertsons, Executive News, National
Two Supervalu Board Members Step Down Following Safeway Deal
Supervalu on Thursday said that two of its directors, Mark Neporent and Lenard Tessler, have stepped down from the company’s board of directors, effective immediately. Neporent and Tessler were both appointed to the board in 2013 as designees of Symphony Investors LLC, a Cerberus Capital Management L.P.-led investor consortium, under the terms of the tender […]
Posted in, National, Store News
Fresh Market Revises Expansion Plans As Profit Drops 90 Percent
After a disappointing 2013 and a 90.4 percent drop in fourth-quarter profit, Greensboro, N.C.-based specialty grocer The Fresh Market is modifying its real estate expansion plans and will close several stores in the Houston and Sacramento markets. The Business Journal reports that The Fresh Market reported late Thursday net income of $2 million, or 4 […]
Posted in, C-Store News, National
CST Brands Closing 100 Stores
San Antonio-based CST Brands, one of the largest independent retailers of motor fuels and convenience merchandise in North America, plans to dispose of approximately 100 Corner Store locations across the U.S. The company made the announcement when it reported its fourth quarter and fiscal 2013 earnings on Thursday, and said the decision is the result […]
Posted in, Marketing News, National
Mondelez International Partners With Facebook
Mondelez International has entered into a global strategic partnership with Facebook, as the company continues to shift more media spending to digital, especially social and mobile, across the entire consumer journey. The partnership leverages the scale of both businesses to deliver overall competitive advantage via step-change brand-building, ground-breaking innovation and access to research, training and […]
Posted in, Marketing News, National
Oscar Mayer Brand Mobile Device Simulates Smell, Sound Of Bacon Frying
The Oscar Mayer brand says it is breaking new ground with the first-ever iOS device that allows early risers to wake up to the smell of bacon without lifting a frying pan. The device, named Wake Up & Smell the Bacon, syncs with the Oscar Mayer Wake Up & Smell the Bacon iPhone application to […]