The Kroger Co. and Harris Teeter Supermarkets Inc. completed their merger on Tuesday. Under the terms of the merger agreement, Harris Teeter shareholders will receive $49.38 per share of Harris Teeter common stock. The deal is valued at approximately $2.5 billion. “We are pleased that our merger is complete and look forward to bringing together […]
Category: National
Domestic Beer Falling Flat As Americans Tackle Bold Flavors, Healthier Options
As Americans stock their refrigerators in advance of the Super Bowl, it would appear that the contents in the cooler may not align with what is traditionally one of the big game’s biggest advertising spenders: domestic beer. According to new research from Mintel, some 22 percent of Americans say they are drinking less domestic beer […]
Blue Bell Kicks Off New Year With New I Love Chocolate Flavor
Blue Bell is launching a new limited-edition flavor to kick off 2014. I Love Chocolate ice cream is now available in stores and is a milk chocolate ice cream combined with dark chocolate-filled chocolate hearts, chocolate-coated cake pieces and a chocolate icing swirl. “This is our first new flavor of the year,” said Carl Breed, […]
Congress Finally Reaches Compromise On Farm Bill
The negotiations over the Farm Bill could be at an end, as late yesterday House and Senate committees reached a bipartisan agreement on the Farm Bill that has been delayed for more than a year. The bill, which still needs to be approved by both the House of Representatives and the Senate before going to […]
Two New Oreo Flavors Will Hit Shelves Next Month
Original Oreos will soon have company in the cookie aisle. The brand is releasing two new flavors: Cookie Dough and Marshmallow Crispy. Both will be available for a limited time starting Feb. 3. Oreo, a brand of Mondelez International, premiered its television commercial during the Grammys on Sunday for the newest flavors and revealed a […]
PepsiCo Plans To Invest $5B In Mexico
PepsiCo Inc. plans to invest $5 billion in Mexico over the next five years. The investment is designed to further strengthen PepsiCo’s food and beverage business in Mexico, one of the most attractive markets in Latin America with a growing middle class and numerous opportunities for long-term economic growth, according to the company. PepsiCo says […]
Snyder’s Of Hanover Enters Flavored Corn Snacks Category
Snyder’s of Hanover has launched Korn Krunchers, a new line of boldly flavored corn snacks. Available in three flavors, the bite-sized crunchy snacks are baked and seasoned to deliver big, bold taste and a light, crispy texture, according to the company. “We pride ourselves on staying on the cutting edge of consumer-desired snack trends,” said […]
RiceSelect Introduces Healthy Blends Incorporating Chia, Jalapeños, Mushrooms
RiceSelect is introducing three varieties to its product lineup. Incorporating RiceSelect’s proprietary Texmati and arborio rice, the new selections are packed with healthy additions like chia, jalapeños and mushrooms and provide an inspiring alternative to the typical side dish, according to Alvin, Texas-based RiceSelect. Royal Blend with Chia is nutritious combination of Texmati Light Brown, […]
