When is forecasting 11 percent to 13 percent sales growth and identical stores sales growth in the range of 5 percent to 6.5 percent not a positive thing? The answer: when the company doing the forecasting is Whole Foods Market. Despite record earnings, record store openings and record total sales in fiscal year 2013, investors […]
Category: National
Posted in, Beverage News, Grocery News, National
Good Earth Tea Revamps Brand
Good Earth Teas Inc., maker of bold herbal tea fusions, has relaunched the brand, complete with new product names, revamped fusions as well as a new look and feel. Built around Good Earth’s “Tea Untamed” mantra, all aspects of the brand now embody the belief that tea is potent and powerful and, like life, should […]
Posted in, Executive News, National
Chobani Names New SVP Of Supply Chain And Operations
Chobani Inc., maker of America’s No. 1-selling Greek Yogurt brand, has named Andreas Sokollek as SVP of supply chain and operations, overseeing all new product launches, production planning and materials management initiatives. Sokollek, who brings more than 24 years of operations and project management experience to Chobani, will report to David Denholm, president and COO. […]
Posted in, Executive News, National
Bell-Carter Foods Finalizes Executive Team
Bell-Carter Foods Inc., a leader in the specialty condiment business and the nation’s largest table olive producer, has made some new hires and is growing its executive team. Matthew L. Amigh is CFO, Doug Reifsteck is EVP of operations and Tom Rickard is VP of retail sales. CEO Tim T. Carter and VP of Strategy, […]
Posted in, National, Suppliers
Cargill Announces Labeling For Finely Textured Beef
Cargill Beef will begin labeling its branded, U.S.-made, fresh, ground beef products containing Finely Textured Beef, prior to the 2014 grilling season, with the declaration “Contains Finely Textured Beef.” “Our research shows that consumers believe ground beef products containing Finely Textured Beef should be clearly labeled,” said John Keating, Cargill Beef president. “We’ve listened to […]
Posted in, National, Suppliers
Murdock Completes Acquisition Of Dole Food Co.
David H. Murdock, Dole’s chairman and CEO, has completed his acquisition of Dole Food Co. Inc. The $13.50-per-share purchase price represents a total valuation of Dole at more than $1.6 billion, including net debt, fees and expenses. The going-private merger agreement was approved on Oct. 31 during a special meeting of the Dole stockholders. Dole’s […]
Posted in, Center Store, National
Hershey Donates $100K To WWP, Participates In ‘Believe In Heroes’ Campaign
The Hershey Co. has donated $100,000 to Wounded Warrior Project (WWP) and is participating in the “Believe in Heroes” campaign. The donation will help support Wounded Warrior Project’s numerous programs, which are addressing the urgent needs of this generation’s injured service members. To promote the Believe in Heroes campaign and raise awareness of WWP, Hershey […]
Posted in, Grocery News, National
Domino, C&H Sugar Becoming Available In Flip-Top Dispenser
Domino Sugar and C&H Sugar will soon be available in a new, easy-to-use flip-top dispenser, featuring Quick Dissolve Sugar and Pourable Brown Sugar. Domino Foods Inc., a leader in the sugar category, has previously been credited with introducing the Domino Sugar 4-lb. canister into the marketplace. By mid-November, the new flip-top package redesign will be […]