Mission Produce Inc. (NASDAQ: AVO) and Calavo Growers, Inc. (NASDAQ: CVGW) have entered into a definitive agreement under which Mission will acquire Calavo in a cash-and-stock transaction. The transaction values Calavo at a total enterprise value of about $430 million and represents a premium of about 26 percent to Calavo’s 30-trading day volume weighted average price […]
Category: National
Save A Lot Donates 103K Food Bags Through Holiday Campaign
Save A Lot donated 103,656 bags of food to local charities through its annual Bags for a Brighter Holiday program, marking a 54 percent increase from the prior year’s effort. The St. Louis-based discount grocer announced the results Jan. 15, following a three-month donation campaign. Customers purchased pre-assembled food bags at Save A Lot stores […]
2 Grocers Garner Top Employer Certification For Workplace Excellence
Lidl US and Ahold Delhaize USA have earned Top Employer certification for 2026, making them the only U.S.-based grocery retailers recognized by the Amsterdam-based Top Employers Institute for workplace excellence this year. The certifications acknowledge both companies’ human resources practices and organizational culture. The Top Employers Institute evaluates companies based on participation and results from […]
The Fresh Market To Open 7 New Stores
The Fresh Market has unveiled an investment plan of about $600 million for 2026, with seven new stores planned. The announcement came during Cencosud’s Cenco Day 2026 event, held for the first time in Buenos Aires, where Cencosud shared its outlook for the year ahead. For 2026, the company expects consolidated revenues of $18.4 billion […]
KeHE Adds Former Comcast President Steven A. White To Board
KeHE Distributors has appointed Steven A. White to its board of directors, effective Feb. 1. White brings extensive consumer packaged goods and distribution experience from leadership roles at PepsiCo and Colgate-Palmolive. He most recently served as president and special counsel to the CEO at Comcast, where he supported enterprise leadership development, digital equity initiatives and […]
FMI Names Shawgo To Lead Digital Transformation Strategy
FMI – The Food Industry Association has appointed Jennifer Shawgo senior director, technology strategy and programs, a new role designed to accelerate responsible digital transformation across the food retail sector. Shawgo, who brings two decades of cross-sector experience spanning distribution, software startups and association leadership, will lead programs, partnerships and member engagement connecting technology and […]
American Bakers Association Pledges To Phase Out Potassium Bromate
The American Bakers Association (ABA) has announced its new “Baked Goods Ingredient Pledge,” a voluntary industry commitment to complete the phase out of potassium bromate from baked goods across the United States. The initiative builds on the momentum of ABA’s previous voluntary commitments: the “Baked Goods in Schools Pledge” and the “Baked Goods FD&C Colors […]
Simbe Introduces Improved Tally 4.0 Shelf-Scanning Robot
Simbe has launched Tally 4.0, the fourth generation of its autonomous shelf-scanning robot, featuring up to 12 hours of runtime and enhanced computer vision capabilities powered by NVIDIA’s AI infrastructure. The San Francisco-based company announced the release Jan. 12, with units available to customers starting mid-2026. The new platform builds on a decade of deployments […]
