General Mills executives today will share the company’s new product innovation plans during the company’s annual Investor Day meeting at the New York Stock Exchange (NYSE). “Product innovation is the fuel that creates category growth,” says Ken Powell, chairman and CEO of General Mills. “We have a robust new product plan, with more than 200 […]
Category: National
Posted in, National, Suppliers
Flowers Receives Approval To Acquire Hostess Bread Brands, Bakeries
Flowers Foods Inc. confirms that it has received regulatory approval pursuant to the Hart-Scott-Rodino Act to acquire the Wonder, Nature’s Pride, Merita, Home Pride and Butternut bread brands; 20 bakeries; and 36 depots from Old HB Inc., formerly known as Hostess Brands. Thomasville, Ga.-based Flowers expects to complete the transaction in the coming weeks. In […]
Posted in, National, Store News
Report: Walmart Says It’s Winning Ad War With Publix
It’s been about a year since Walmart began running television and print ads in Florida directly targeting Publix shoppers. The ads, as the Tampa Bay Business Journal reports, promise that shoppers can compare their receipts from Publix to the same items on sale at Walmart to find a savings. And reports indicate that Walmart believes […]
Posted in, National
Target’s Co-Founder, First President Dies At 88
Mr. Douglas James Dayton, who led the transformation of his family’s department store into Target Corp., lost a long battle with cancer Friday. He was 88 years old. The Associated Press reports that Mr. Dayton was the youngest of George Nelson Dayton’s five sons who took over the family’s downtown Minneapolis department store from their […]
Posted in, Marketing News, National
Champion Skiier Randall To Promote Alaska Seafood
The Alaska Seafood Marketing Institute (ASMI) has tapped Nordic skiing World Champion Kikkan Randall to help it promote the health and fitness benefits of Alaska seafood. “Kikkan Randall is the perfect fit as an ambassador for Alaska Seafood,” says Mike Cerne, executive director of ASMI, a public-private partnership between the state of Alaska and the […]
Posted in, Guest Contributors, National
A Difficult Personnel Decision Some Executives Can’t Make
The recent series of events that led to the termination of Rutgers University’s head basketball coach, Mike Rice, brought to the forefront an issue faced by many executives. For those of you that missed the story, Coach Rice was secretly filmed conducting what for him was a typical practice. The issue was that for Coach […]
Posted in, Equipment & Technology, National
Mobile Recipe Planner Brings Grocery Aisle Resources To Veggie Consumers
Allens Inc., a U.S.- based vegetable leader, has launched a new, consumer-friendly mobile recipe planning tool geared toward meeting the needs of on-the-go families. New content, search options, recipes and grocery lists all make it easier for consumers to answer the question…What’s for dinner tonight? The widget can be accessed on any iPhone or Android […]
Posted in, National
FMI Applauds Delay of Affordable Care Act’s Employer Mandate
Food Marketing Institute (FMI) is applauding the administration’s decision this week to delay enforcement of the Affordable Care Act (ACA) employer mandate after receiving information regarding implementation challenges and the need for additional clarity from FMI members and other stakeholders in the employer community seeking to comply with the law. “FMI has been working with […]