FMI President and CEO Leslie G. Sarasin supports the U.S. Senate’s vote substituting the text of S.764 with the language of the bipartisan agreement between U.S. Senators Pat Roberts (R-KS) and Debbie Stabenow (D-MI) on biotechnology labeling and then filing cloture, setting up two votes this week. Sarasin said: “FMI commends the Senate’s practical action—before […]
Category: Northeast
Posted in, Center Store, Grocery News, Northeast, Snacks Brands
Hostess Brands Will Go Public & Have New Owners, And More…
Grocery News In Brief… Hostess Brands LLC has new owners and plans to go public. The maker of Hostess Twinkies, Ding Dongs and CupCakes has entered into new agreement with Gores Holdings Inc., which will introduce Hostess as a publicly listed company with an anticipated initial enterprise value of approximately $2.3 billion. Funds managed by […]
Posted in, Northeast
UPS, 7-Eleven Expand Locker Program, And More…
C-Store News In Brief… UPS is expanding its smart locker program from nine locations in Chicago to 300 locations nationwide. The UPS Access Point lockers are alternate delivery locations that are usually outside and accessible 24 hours a day at convenience stores and other locations. Online retailers can integrate the locker delivery addresses into their […]
Posted in, Northeast
Restaurant RPI Drops In May, And More…
Foodservice News In Brief… Due in large part to softer same-store sales and customer traffic results, the National Restaurant Association’s Restaurant Performance Index (RPI) declined in May. The RPI stood at 100.6 in May, down 0.9 percent from a level of 101.6 in April. “The RPI continued along a choppy trend line in May, with the […]
Posted in, Beverage News, Center Store, Grocery News, Nonfood Items, Northeast, Sustainability News
MOM’s Organic Market Commits To Solar, And More…
New Channels News In Brief… Maryland-based MOM’s Organic Market has begun purchasing all power from a designated solar farm in Kingsville, Maryland. This 1.5-megawatt DC system is projected to output 2,124,000 kilowatts per year. MOM’s will purchase the entire system’s output for the next 20 years. The power generated by the solar farm will account […]
Posted in, Northeast
NACS, NGA Pleased With U.S. Court Rejection of Visa-MasterCard Settlement
The Second Circuit Court of Appeals has overturned the class-action settlement in the case “Payment Card Interchange Fee and Merchant Discount Antitrust Litigation.” That case led to a proposed settlement valued at $7.25 billion in 2012. The National Association of Convenience Stores (NACS) and other groups led efforts to oppose the $7.25 billion proposed settlement […]
Posted in, Northeast
New England Coffee Raises More Than $33K For Two Groups, And More…
Foodservice News In Brief… New England Coffee, a division of Reily Foods Co., raised $33,150 at its 24th Annual Charity Golf Classic, held May 9 at the Andover Country Club in Andover, Massachusetts. The proceeds will be donated by New England Coffee in equal amounts to Rosie’s Place and VNA Hospice and Palliative Care. The […]
Posted in, Northeast
Topco Associates, IGPS Logistics Launch Total Pallet Management Program, And More…
New Channels News In Brief… Topco Associates LLC, a major retail cooperative in the United States, and iGPS Logistics, a plastic pallet pooling service provider in North America, have expanded their business relationship to provide a Total Pallet Management program (TPM) to Topco’s member-owners and customers. The pallet management service involves handling all pallet platforms […]