Hostess Brands Inc. has announced that the stalking horse bid submitted by affiliates of Apollo Global Management LLC and Metropoulos & Co. for the majority of the company’s snack cake business, which includes both Hostess and Dolly Madison branded products, will be the bid presented for approval to the U.S. Bankruptcy Court as no other […]
Category: National
Posted in, National
Chiquita Losses Continue To Climb
Chiquita Brands International Inc. multiplied its losses to $335 million, or $7.24 per diluted share, for the fourth quarter of 2012 when compared with the same quarter in the previous year, the Charlotte Business Journal reports. The company had reported a loss of $16 million, or 36 cents per share, during the fourth quarter of […]
Posted in, National
Number Of Americans On Food Stamps Hits New High
According to the latest U.S. Department of Agriculture report released Friday, the number of U.S. participants in the Supplemental Nutrition Assistance Program (SNAP, or also referred to as food stamps) has hit another all-time record high of 47,791,996 for the month of December 2012, with an average per-person benefit of $133.73 per month. Despite the […]
Posted in, National, West
Grantham Joins Mann Packing Co.
Craig Grantham recently joined Mann Packing Co. as the new director of trade marketing. Grantham joins Mann with 16 years of sales experience. In addition, he has seven years experience in business development, process improvement and developing promotional programs. Grantham started his career at the Gillette Co. where he held numerous sales, trade marketing and […]
Posted in, Beverage News, National, Perishables
Dole Adds Peach Mango To Fruit Smoothie Shakers Lineup
Dole is introducing its newest flavor addition to the Dole Fruit Smoothie Shakers—Peach Mango, made with real, low-fat yogurt and pieces of finely cut peach and mango. The Peach Mango Smoothie delivers 100 percent of the daily value of vitamins B3, B5, B6, B9 and B12. No blender is required; only add a favorite juice […]
Posted in, National
dunnhumby Names Former Arbitron Exec To Lead Partnerships Globally
dunnhumby Ltd., an international leader in building sales and brand value for consumer goods and retail companies, has hired Lung Huang, formerly of Arbitron, as VP of digital advertising, global partnerships. In this newly created role, Huang will lead the company’s efforts to expand its integrated suite of solutions across media—both offline (traditional TV and […]
Posted in, National, New Products
Morton Enters Health, Beauty Category With Line Of Epsom Salt Products
Morton Salt, most commonly known for its broad range of culinary salts, has introduced a new line of Natural Epsom Salt products, marking its first foray into the health and beauty category. As demand for natural health and beauty care products continues to increase, Morton says its expertise in the salt industry makes it uniquely […]
Posted in, National
MAGA President Pays Tribute To Founder: ‘The Dream Will Never Die’
“We have more political influence as an organization than many of the other trade associations across the country,” said Steve Soto, president and CEO of the Mexican American Grocers Association (MAGA). “That’s not bragging. It’s a fact.” Soto was welcoming attendees to the 2013 National Hispanic Conference at the Palm Springs Hilton Resort in Palm […]