The Coca-Cola Co. has completed its acquisition of Costa Ltd. from Whitbread PLC. The $4.9 billion transaction follows approval from regulatory authorities in the European Union and China. The acquisition was first announced in August. Costa, which has operations in more than 30 countries, gives Coca-Cola a significant footprint in the global coffee business, the […]
Category: Southeast
Posted inBonus Content, Home Page Slider, Market Profile, Shelby Exclusives, Shelby Signature Content, Southeast, Store News
Georgia’s Grocery Market Is ‘Extremely Competitive’
by Treva Bennett/staff writer As Georgia’s economy has improved over the past few years, competition in the grocery industry has grown. Kathy Kuzava, president of the Georgia Food Industry Association (GFIA), said for the fifth year in a row Georgia has been named “No. 1 State for Business” by Site Selection, a leading economic development […]
Posted in, Corporate Store News, Home Page Latest News, Southeast, Store News
Southeastern Grocers Exceeds 20 Million Meals Donation Goal
With the support of its associates and customers, Southeastern Grocers (SEG), parent company of Bi-Lo, Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, together with the SEG Gives Foundation, donated nearly 22 million meals to Feeding America in 2018. This annual contribution surpasses the grocer’s original pledge of 20 million meals to the communities […]
Posted inSoutheast, Home Page Latest News, Store News
Publix Donating $3 Million To More Than 200 Housing Organizations
Publix Super Markets Charities (PSMC) in late December said it would donate $3 million to fund more than 215 Habitat for Humanity affiliates, shelters and other nonprofit organizations across the Southeast. This donation furthers the foundation’s commitment to meeting the basic needs of the communities Publix serves through transitional support, client service programs and financial […]
Posted inGrocery News, Home Page Latest News, Nonfood Items, Southeast, Store News, Suppliers
Altria Makes $12.8 Billion Minority Investment in Juul
Richmond, Virginia-based Altria Group Inc. has signed and closed a $12.8 billion investment in JUUL Labs Inc., the U.S. leader in e-vapor. The service agreements will accelerate JUUL’s mission to switch adult smokers to e-vapor products. Altria’s investment represents a 35 percent economic interest in JUUL, valuing the company at $38 billion. JUUL will remain […]
Posted inExecutive News, Corporate Store News, Home Page Latest News, Southeast, Store News
Kroger Delta Division President Retiring, Ralphs Exec To Succeed Him
Kroger’s Delta Division President Scot Hendricks will retire from the company, effective Feb. 2, 2019. Victor Smith, currently VP of merchandising for the Ralphs division, will succeed him. Hendricks to retire after 38 years of service Hendricks spent the last three years of his career leading Kroger’s Delta division, which has 15,800 associates serving customers in 101 stores […]
Posted inMeat/Seafood/Poultry, Grocery News, Home Page Latest News, Southeast, Suppliers
Prime-Pak Foods, Victory Processing Enter Joint Venture To Create Foundation Food Group
Prime-Pak Foods Inc. and Victory Processing Inc. have entered into a joint venture that will be marketed under the name Foundation Food Group, and which the companies say will emerge as one of the most versatile independent further processing companies in the country. Based in Gainesville, Georgia, Foundation Food Group will provide the food industry […]
Posted inHealth & Wellness, Beverage News, Grocery News, Home Page Latest News, Organic Natural, Southeast, Suppliers
Svoboda Imports Mineral Waters For Distribution In U.S.
Bradenton, Florida-based Svoboda Invest LLC has begun importing Magnesia and Mattoni mineral waters to the U.S. Originating from the Slavkov Forest in the Czech Republic, Magnesia natural mineral water is a natural source of magnesium, which plays a role in more than 300 different metabolic processes. It supports the proper functioning of muscles and nerves […]