On Friday, Supervalu announced the election of two new directors on its board: John Standley, chairman, president and CEO of Rite Aid Corp., and Mark A. Neporent, COO and general counsel at Cerberus Capital Management L.P. “I am very pleased that John and Mark have accepted positions on our board,” said Bob Miller, Supervalu’s non-executive […]
Category: National
Safeway Releases 1Q 2013 Results
Safeway Inc. reported Thursday net income of $0.49 per diluted share for the first quarter of 2013. This includes tax benefits of $0.14 per diluted share, of which $0.07 was contemplated in our annual guidance. These results compare with income from continuing operations in the first quarter of 2012 of $0.30 per diluted share. Other […]
SoupMan Names Johnny Rockets Exec As New CEO, Plans To Expand Brand
Soupman Inc., the parent company of soup brand Original SoupMan, has appointed Lloyd Sugarman to the position of CEO. Sugarman, who brings a wealth of retail merchandising, restaurant operations and franchising experience, will focus on the expansion of the company’s award-winning soups into the $6 billion annual retail soup category following the recent launch of […]
StarKist Board Appoints Lee As President, CEO
StarKist Co., a subsidiary of Dongwon Industries, has named Sam Hwi Lee as president and CEO of StarKist. Lee, a StarKist board of directors member since 2008, became the interim president of StarKist on Nov. 1, 2012, following the resignation of In-Soo Cho. He officially was appointed president and CEO last week during a StarKist […]
Lund Joins NEW As National Development Manager
Reagan Lund has joined the Network of Executive Women (NEW) in the new role of national development manager. NEW is the consumer products and retail industry’s largest women’s leadership community, with more than 7,000 members in 19 regions across the U.S. and Canada. Lund will be key to supporting the organization’s growing roster of sponsors, […]
Lipari Foods Hosts Biggest Show In Its 50-Year History
As it celebrates its 50th anniversary, Lipari Foods hosted a bigger-than-ever show on April 24 in Novi, Mich. Jim Lipari started the business in 1963 selling barbecue sauce out of the back of his station wagon. Today, Lipari Foods is a $500 million company. “This is a milestone,” Thom Lipari, president and CEO, told The […]
Bumble Bee Rolls Out MSC-Certified ‘Wild Selections’ Products
Bumble Bee Foods is introducing Wild Selections, a new high-quality branded line of products certified by the Marine Stewardship Council (MSC). A portion of the proceeds from the sale of Wild Selections will support World Wildlife Fund’s (WWF) efforts to protect marine life and expand sustainable fishing practices globally and help build continued awareness of […]
Future Connect To Prep Leaders For Industry Changes
The Food Marketing Institute (FMI) hopes this year’s Future Connect in Orlando, Fla., April 29-May 2, will live up to its name and engage future and current leaders in a conversation about what’s ahead in grocery retailing and merchandising. “We’re facing a dramatically changing industry, and so what FMI is trying to do in the […]
