Hormel Foods, the maker of Spam luncheon meat, is paying $700 million to buy the Skippy peanut butter brand from consumer products maker Unilever, the companies announced today. CNNMoney reports that Hormel said Skippy has annual sales of $370 million, nearly $100 million of which comes from outside the U.S. Skippy, which was first introduced […]
Category: National
NGA President Lauds Passage Of Taxpayer Relief Act
Peter J. Larkin, president and CEO of the National Grocers Association (NGA), has released the following statement regarding the passage of the Taxpayer Relief Act: “NGA applauds Congress and the president for averting an economic disaster, albeit at the 13th hour, with the passage of the American Taxpayer Relief Act (House Resolution 8). The bill, […]
Tough Times On Horizon For 2013 Grocery Biz
Stater Bros.’ Jack Brown: Year ahead will be one of the most competitive by Kristen Cloud/staff writer If you thought the past few years were tough for business, just wait until 2013 runs its course—at least according to Jack H. Brown, chairman and CEO of San Bernardino-based Stater Bros. Markets, which operates 167 stores in […]
Nominations Due Jan. 4 For WGA Woman Of The Year Award
The deadline is Jan. 4 to submit nominations for the 2013 Woman of the Year Award to be presented at the National Grocers Association (NGA) Show, which will be held Feb. 10-13 in Las Vegas. The Women Grocers of America (WGA) board of directors is soliciting nominations for the 2013 Woman of the Year Award. […]
M&M’S Will Return To The Big Game In February
M&M’S Brand will return to the Super Bowl on Feb. 3, 2013, with an all-new 30-second commercial during the first quarter, Mars Chocolate North America has announced. Last year during “The Big Game,” M&M’S introduced the world to the original spokescandy—Ms. Brown—via a hilarious 30-second commercial co-staring fan-favorite spokescandy, Red. The spot scored with critics […]
Hain Celestial Acquires BluePrint Brand
The Hain Celestial Group Inc., a leading natural and organic products company, has closed on the acquisition of BluePrint brand, a nationally recognized leader in the raw juice category based in New York City. The BluePrint brand generated approximately $20 million in sales in calendar year 2012 and is expected to be accretive to Hain […]
Festive Facts From Mintel
As the final countdown begins, Mintel gets into the holiday spirit with a variety of festive stats and figures covering food and drink, health, alcohol, shopping, household goods and personal care. Food, spirits and baking habits • More than nine in 10 (91 percent) Americans made some sort of festive-related purchase last year (2011), whether […]
Walmart’s Karen Roberts Promoted to EVP, General Counsel
Walmart Stores Inc. has promoted 17-year company veteran Karen Roberts, 42, to EVP and general counsel for the Bentonville, Ark.-based company, reporting to EVP and Corporate Secretary Jeff Gearhart, 48. The appointment is effective Feb. 1, 2013. In her new role, Roberts will manage the legal department, which is responsible for handling all legal matters […]
