Kimco Realty Corp. recently announced that it received approximately $71.4 million from its Albertsons investment with the closing of its initial public offering. Kimco reports that it intends to use its share of proceeds to primarily reduce debt. Since its initial investment in Albertsons Companies Inc. in 2006, Kimco has invested a total of approximately […]
Category: Northeast
Wakefern Partners With S4RB To Build Data Collection Portal
Wakefern Food Corp., the largest retailer-owned grocery cooperative in the United States, is teaming up with Solutions for Retail Brands (S4RB), a global, consulting-led software business, to provide new information-sharing software for Wakefern and its own brand vendors. S4RB’s Affinity platform for Wakefern will allow the retailer to use a proprietary online portal and database […]
Fresh Thyme To Carry Farm Promise NAE Pork Brand
Hatfield, Pennsylvania-based global pork producer Clemens Food Group and Fresh Thyme Farmers Market, which specializes in affordable natural and organic offerings, have announced a collaboration. This new collaboration will allow Fresh Thyme to offer the Clemens’ pork brand, Farm Promise NAE (no antibiotics ever) across 11 Midwest states. The distribution deal replaces Fresh Thyme’s conventional […]
Stop & Shop Donates $50K To Local LGBTQ+ Organizations
In honor of Pride Month, Quincy, Massachusetts-based Stop & Shop has made a donation of $50,000 to seven local organizations supporting the LGBTQ+ community across Massachusetts, Connecticut, Rhode Island, New York and New Jersey. Stop & Shop prides itself on being an inclusive workforce and earlier in 2020 earned a designation as a Best Place […]
Three Wishes Cereal Launches New Cocoa Flavor
Three Wishes, the family owned, healthy cereal brand that launched October 2019, has introduced its newest flavor – cocoa. The new cocoa flavor contains eight key ingredients, such as chickpeas, pea protein and tapioca. The new flavor is made from real cocoa and is free from wheat, corn, rice, dairy, oats, peanuts, soy and animal products. It has […]
Breakthru Beverage Group Names Brian Albenze EVP Of United Division
New York-based alcohol wholesaler Breakthru Beverage Group has promoted Brian Albenze to EVP of its United Division, dedicated to the Diageo and Moët Hennessy USA portfolios, effective July 1. Albenze succeeds industry veteran Kevin O’Neil, whose strategic vision led to the development and advancement of this specialized division in 2010 and has since grown to represent a team of […]
Dorot Gardens Offers Fresh-To-Frozen Turmeric Cubes
Dorot Gardens, a supplier of pre-portioned frozen herbs, garlic and onions is now offering fresh-to-frozen cubes of turmeric. This golden spice is the No. 1 selling herbal ingredient in the natural sector, according to Dorot Gardens. In mainstream retail, turmeric sales exceeded $32 million in 2017, a 46.7 percent jump from the previous year. While […]
Fifth Season Opens Flagship Farm, Partners with NHL’s Mario Lemieux
Fifth Season, a vertical farming company, recently announced its partnership with NHL Hall of Famer and co-owner of the Pittsburgh Penguins, Mario Lemieux. Fifth Season combines vertical farming with proprietary robotics and artificial intelligence to deliver hyper-local fresh food. The company says its technology tends to each plant’s individual needs with efficiency and precision, providing […]
