Campbell Soup Co. has completed the sale of its European Chips Business to Valeo Foods, a portfolio company of CapVest Partners LLP, for approximately for approximately $80 million. The Campbell European Chips business includes UK-based Kettle Foods Limited and Netherlands-based Yellow Chips B.V. Campbell will use the proceeds from the divestiture to reduce debt. Under the […]
Category: Northeast
The Food Emporium Reopens Store In Howard Beach, NY
Key Food Stores Co-Operative Inc., a chain of primarily independently owned and corporate grocery stores, held a grand reopening of The Food Emporium location at 83-25 153rd Avenue, Howard Beach, New York , on Oct. 11. Local officials and Key Food executives attended the event. “Store owner Frankie Almonte has worked incredibly hard to create […]
Green Way Markets Opens In Westchester County, New York
On Oct. 11, Allegiance Retail Services LLC held a grand opening of Green Way Markets on 20 North Salem Road in Cross River, Westchester County, New York. Owned and operated by the Estevez family, this is the newest banner for the Iselin, New Jersey-based cooperative. Green Way Markets provides a curated selection of prepared foods, […]
Giant Food Plans To Donate 6,000 Turkeys To Hunger Drive
Landover, Maryland-based Giant Food plans to donate 6,000 Nature’s Promise turkeys to five area food banks as part of its ongoing community support efforts. The Feeding America regional food banks are Capital Area Food Bank, Maryland Food Bank, Food Bank of Delaware, Fredericksburg Regional Food Bank and Blue Ridge Area Food Bank. The 6,000 donated turkeys […]
Giant Food Stores Plans Openings For Three Former Musser’s Markets
Giant Food Stores will hold the grand openings of its three newest Central Pennsylvania stores this November. Its new Lebanon store, located at 1750 Quentin Road, will open on Friday, Nov. 1 at 8 a.m. and its stores at 3985 Columbia Avenue in Columbia and 35 Friendly Drive in Quarryville will open one week later […]
Better ‘N Peanut Butter Brand Expands Under New Ownership
Southampton, New York-based Wonder Natural Foods Corp., a producer of low-fat, low-calorie peanut spreads under the registered trademarked brand name Better ‘n Peanut Butter, is under new ownership, which has a focus on increasing distribution of the peanut spread products. In 2018, Wickapogue Management LLC acquired Wonder Natural Foods Corp. and has since established several initiatives focused on developing new product innovation strategies […]
Nielsen, Charlotte’s Web Launch CBD Retail Market Measurement
Nielsen, the New York City-based market intelligence company, and Charlotte’s Web Holdings Inc., a cannabidiol (CBD) brand, have formed an analytic relationship. Together, Nielsen and Charlotte’s Web will help guide the U.S. retail market for consumer packaged goods (CPG) companies through the evolution of the CBD space. Mirroring the changing tide happening across the U.S. […]
PepsiCo Prices $1B Green Bond For Sustainability Projects
PepsiCo Inc. said that it has priced the company’s first ever green bond. The net proceeds from the US $1 billion green bond offering will fund a series of key initiatives to advance PepsiCo’s sustainability agenda. The company also has named PepsiCo leader Simon Lowden as its first chief sustainability officer. In this new role, […]
