The Fresh Market Inc. founder Ray Berry and six other existing stockholders are selling off about 10 million shares of common stock, reducing their ownership stakes, The Business Journal reports. According to a Securities and Exchange Commission filing from the Greensboro-based specialty grocer, the selling stockholders include Berry; his son Brett Berry, the former CEO […]
Category: Southeast
The Shelby Report of the Southeast covers grocery retailers, wholesalers and suppliers in Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia and West Virginia. Follow the latest store openings, remodels, leadership changes and market news from the region.
Fresh Market Reports 43 Percent Jump In Net Income During 1Q
The Fresh Market Inc. says its net income jumped 43 percent during the first quarter of fiscal 2012 compared with that time period a year ago. The Business Journal reports that the Greensboro, N.C.-based company said its net income reached $19.3 million in the first quarter, compared with $13.5 million in first quarter of 2011. […]
Publix Launching CMN Balloon Campaign for 21st Year
Children’s Miracle Network Hospitals, a charity that raises life-saving funds for its member hospitals, announced May 24 that Publix Super Markets will host its spring “Miracle Balloon” campaign, starting May 26 and running through June 15. The annual fundraiser will help improve the lives of sick and injured children in the five Southeastern states in […]
Pringles, USO Support Troops With ‘Taste Of Home’ Free Cans Of Pringles
Pringles is teaming up with the USO (United Service Organizations) this Memorial Day to honor the men and women of the U.S. Armed Forces with a “Taste of Home.” Pringles is delivering more than 43,000 free cans of Pringles to USO Centers to be distributed to troops deployed around the world in appreciation of their […]
Coke Among Most Valuable Brands
Atlanta remains home to three of the world’s most valuable brands, including Coke—and those brands’ values are still growing. According to a study by annual BrandZ study by market researcher Millward Brown, The Coca-Cola Co., UPS and The Home Depot are among the 100 most valuable brands on earth. The Atlanta Business Journal reports that […]
Tropicana Wants Another Florida Bio-Energy Plant
Tropicana Manufacturing Co. is holding talks with Florida’s Manatee County in a pitch to open a renewable energy plant. If approved, the $5 million project would burn bio-material to create methane gas, the Tampa Bay Business Journal reports. The Public Service Commission has approved the proposal for Tropicana to connect a 1.6 megawatt generating facility […]
Publix Promotes Gino DiGrazia to VP of Finance
Lakeland, Fla.-based Publix Super Markets Inc. has promoted Gino DiGrazia to VP of finance. In addition to his current responsibilities for business analysis and reporting (BAR), DiGrazia assumes many of the responsibilities previously held by Kelly Underhill, director of tax and treasury, who retired from Publix on March 30, after 22 years of dedicated service. […]
No Time 2 Cook Dishes Now Available In Central Markets
No Time 2 Cook, makers of fine frozen “scratch” Cajun and Southern specialties, has announced that its Homemade Chicken Pot Pie and Squash Supreme have been picked up by H-E-B’s Central Market stores in Texas, the company’s first major retailer in that market. No Time 2 Cook began seven years ago as a cottage industry […]
King & Prince Seafood Introduces Fish Market Fresh Line
King & Prince Seafood has rolled out Fish Market Fresh™, its new line of flavor-infused fish fillets. The six-item line features two sustainable fish species, tilapia and steelhead trout, infused with five different flavors including Creamy Butter Herb, Fiery French Quarter, Korean Barbeque, Cracked Pepper & Lemon and Sweet Hawaiian Teriyaki. Developed with institutional customers […]
Publix Saves Two Billion Paper and Plastic Bags
Since 2007, Publix Super Markets has led initiatives to reduce the use of paper and plastic grocery bags used at checkout. The Lakeland, Fla.-based company has emphasized the importance of sustainability by training front service clerks and cashiers to increase the number of items per bag, implementing bag reduction goals for each store, holding communication […]
New Line Of Veggie Stix Hits Store Shelves
As a recent university study sees it, American children are eating too many of the wrong things, chock-full of junk calories. The solution? Take the junk away. In April, Good Health Natural Products began shipping a new line of Veggie Stix® vegetable snacks to mass retailers. The reformulated Veggie Stix has up to 25 percent […]
Delhaize America, Food Lion Re-open Dunn, N.C., Distribution Center
Salisbury, N.C.-based Delhaize America and Food Lion have re-opened their distribution center in Dunn, N.C. The facility was severely damaged on April 16, 2011, by a tornado, and the company recently completed construction and expansion activities at the center. “The re-opening of this facility is extremely important to our company’s distribution and transportation network, and […]
Dollar General Expanding Grocery ‘Market’ Format
Goodlettsville, Tenn.-based Dollar General is hoping to grasp a larger share of the grocery business. A Wall Street Journal story describes the retailer’s experiment to expand its Dollar General Market store concept, which offers fresh food and refrigerated products. The company plans to open 40 Market stores within the next year. A typical Dollar General […]
Ga. Peach Season Launches with ‘Sweet’ New Campaign
Sweet Georgia Peaches soon will arrive in supermarkets, heralding the growing season that runs from mid-May to mid-August. This year, consumers in Georgia and Florida will be greeted with an updated public relations, advertising and social media campaign featuring the catchphrase, “Georgia Peaches, All Kinds of Sweet.” “A recent Perishables Group survey suggests that over […]
Coke Recommends 2-for-1 Stock Split
Muhtar Kent, chairman and CEO of The Coca-Cola Co., presided over the company’s annual meeting of shareowners in Atlanta earlier this week when a two-for-one stock split was recommended to shareowners. “Our recommended two-for-one stock split reflects the board of directors’ continued confidence in the long-term growth and financial performance of our company,” said Kent. […]
Former Fleming Chief Dies At 82
Elwyn Dean Werries, who spent nearly 40 years with grocery wholesaler Fleming Cos., died April 25 following a period of declining health. He was 82. Werries was born May 8, 1929, in Tescott, Kan. At the age of eight he began his business career at his Uncle Will’s grocery store in Tescott. He graduated high […]
Kroger Again a Sponsor of Fiesta Atlanta
Kroger, the nation’s largest traditional grocery retailer, will again support Fiesta Atlanta in 2012. The 6th annual Fiesta Atlanta will take place at Centennial Olympic Park on Sunday, May 6. Kroger continues to promote and serve the growing Latino community. Its display area at the festival will include a “Kroger Isle,” featuring an interactive area […]
Chobani Moving Sales Headquarters to Charlotte, N.C.
The maker of the nation’s top-selling Greek yogurt brand is bringing its North American sales headquarters to Charlotte, N.C. The Charlotte Business Journal reports that New York State-based Chobani Global Holdings Inc. already has 17 employees in the area and plans to increase its staff to about 60 by the end of 2013. Average salaries […]
Workers’ Legal Team: Ingles Markets Violates Labor Laws
The supermarket chain Ingles Markets Inc. violates federal labor laws with its pay practices regarding wages and overtime pay, according to a lawsuit filed today in Tennessee federal court by workers’ attorneys at Outten & Golden LLP and Lieff Cabraser Heimann & Bernstein LLP. Named plaintiff Nathan D. Gilliard, a store co-manager from Madisonville, Tenn., […]
Albertsons Pulling Out Of Florida; Keeping Pinellas Stores
Albertsons is mostly pulling out of Florida, closing all but four stores and shuttering a distribution center in Plant City, the Tampa Bay Business Journal reports. Three stores in Sarasota and Manatee counties will close. Stores in Clearwater and Largo will remain open. Albertsons, based in Boise, Idaho, has struggled to remain profitable during the […]
