Albertsons Cos. Inc. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The announcement comes just months after Albertsons merged with […]
Category: Northeast
Posted in, Northeast
7-Eleven Offers Delivery In Select Cities
7-Eleven has agreed to partner with delivery service Postmates to have sodas, snacks and household staples delivered to customers in a handful of cities. Postmates says it can deliver products to customers in an hour or less. The deal with 7-Eleven also marks the first official delivery partnership for the convenience store chain. Raja Doddala, VP […]
Posted in, Northeast
US Foods Names Satriano President And CEO
US Foods has appointed Pietro Satriano its new president and CEO, effective July 13. Satriano previously held the role of chief merchandising officer. John Lederer, the company’s current president and CEO, will continue as an advisor to US Foods and its board of directors. “Pietro is a proven leader whose business experience and strategic vision […]
Posted in, Northeast
Blount Fine Foods Launches ‘Clean & Simple’ Initiative
Blount Fine Foods of Fall River, Massachusetts, a manufacturer of premium, hand-crafted soups, sides, entrées and sauces for retail and food service, has launched a new initiative called “Clean & Simple.” The company says the effort will immediately lead to cleaner ingredient labels through the elimination of unnecessary and outdated additives, preservatives and flavorings, and […]
Posted in, Northeast
PBS Kids, Whole Foods Partner On School Supply Fundraising Drive, And More…
New Channels News In Brief… PBS Kids and Whole Foods are teaming up to offer a new line of back-to-school products, available exclusively at Whole Foods Market stores this July and August. One-hundred percent of PBS Kids’ net proceeds from the line will support PBS Kids educational programming, dedicated to helping all children succeed in […]
Posted in, Northeast
Nestle Waters, Polar Beverages Form Strategic Alliance
Nestlé Waters North America has signed a distribution agreement with Polar Beverages to manufacture, distribute and sell cans under the Nestea and Poland Spring brand names. The alliance, named “Polar Strategic Ventures,” becomes effective July 15 and will cover the east region of the U.S. “This agreement allows us to combine our strong premium brands […]
Posted in, Northeast
New York Operators Tell Governor To Include Restaurant Input On Wage Board
More than 100 New York restaurant operators recently sent a letter to New York Gov. Andrew Cuomo imploring him to keep New York open for business. The letter was written in response to the governor’s decision to unilaterally instate a self-appointed wage board targeting fast food restaurants without any representation from the restaurant industry. In […]
Posted in, Northeast
Dollar Tree Completes Purchase Of Family Dollar
Dollar Tree has completed the acquisition of Family Dollar Stores, a leading national discount retailer offering name brands and private brand merchandise. The new combined company creates a combined organization with sales exceeding $19 billion annually with more than 13,600 stores across 48 states and five Canadian provinces. The new company intends to retain and to […]