Crossmark, a leading sales and marketing services company in the consumer goods industry, has named John Compton to its board of directors to serve along with principals of Warburg Pincus, a leading global private equity firm. Compton spent most of his career as a senior executive at PepsiCo, most recently serving as president of PepsiCo. […]
Category: National
Posted in, Equipment & Technology, National
GE Rolls Out New Open Deck LED Solution For Food Retail
GE Lighting says grocery and convenience store owners now have an extra-appetizing lighting solution for open deck cases that delivers a quick payback without sacrificing performance: GE’s Immersion RH30 LED lighting system. GE’s new Immersion LED lighting system attracts customers by making food packages shine with crisp LED light, the company says. The refrigerated display […]
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Teeter Shoppers Take To Social Media To Vent Frustration Over Kroger Deal
Social media outlets are abuzz with commentary about the announcement made Tuesday that The Kroger Co. plans to purchase Harris Teeter Supermarkets for approximately $2.5 billion. All the chatter, much of it negative, even led Harris Teeter President and COO Fred Morganthall to issue a message of reassurance to the company’s customers. “While details are still […]
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Report: Fruit, Vegetable Consumption Falls In U.S. And Western Europe
Consumption of fruits and vegetables in the U.S. and Western Europe is reportedly on the decline. In a new report published by Rabobank’s food and agribusiness research and advisory team, the bank says despite efforts by governments to promote the benefits of a healthy diet consumption of fruit and vegetables in Western Europe and the […]
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Grocery And Restaurant Competition Heats Up
More grocery stores are going beyond free samples and adding restaurants, bars and other eateries to their stores to encourage consumer dollars. The Hartman Group finds that competition between restaurants and grocery stores will continue to grow as supermarkets edge in on the foodservice industry. Serving food and drinks to consumers encourages spending at the […]
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Summer Fancy Food Show Highlights Food Trends
Bacon might finally move out of the spotlight to make way for kale pops, chia pods and simmer sauces with global flavors—just some of the trends spotted at the 59th Summer Fancy Food Show in New York. The show was held June 30-July 2 at the Jacob K. Javits Convention Center. The show is the […]
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General Mills Unveiling Gobal Lineup Of 200 Products
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 […]
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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 […]