Hostess Brands Inc. is getting ready to file for Chapter 11 bankruptcy, its second such filing, sources told The Wall Street Journal. Privately held Hostess has about $860 million in debt and has been squeezed by high labor costs and rising ingredient prices, the sources said. The Irving, Texas-based company, previously called Interstate Bakeries Corp., […]
Category: Southeast
Posted in, Southeast
Winn-Dixie CEO Says Company Will Defend Against Suit
Winn Dixie Stores Inc. Chairman, President and CEO Peter Lynch sent out written communications to company employees updating them and answering questions about the pending sale to Bi-Lo and addressed publicly a lawsuit filed by shareholders against the sale, reports the Jacksonville Business Journal. The recently released information is part of Winn-Dixie’s merger resource center […]
Posted in, Southeast
Publix Abandoning Curbside Service
In August 2003, Publix Super Markets closed its online grocery and home delivery business, roughly two years after launching the service. In August 2010, Publix came back with a test of a new online service allowing consumers to drive to a store for a pickup at curbside for a $7.99 service fee in addition to […]
Posted in, Southeast
Durham’s New Aldi Opening Earlier Than Expected
The new Aldi grocery store in south Durham, N.C., has moved up its opening date by one day to Wednesday, Jan. 11, with the public invited to come sample and tour the store between 11 a.m. and 4 p.m. The south Durham store is the Essen, Germany-based company’s first location in Durham and features the […]
Posted in, Center Store, Southeast
Coke, Nestea End Tea Partnership in U.S.
The Coca-Cola Co. and Nestlé will dissolve their tea business partnership in the United States by the end of 2012, the companies have said in a joint statement. The two said they instead plan to focus their ready-to-drink tea joint venture, Beverage Partners Worldwide (BPW), on Europe and Canada. In Taiwan and Hong Kong, Atlanta-based […]
Posted in, Southeast
Piggly Wiggly Fined for Child Labor Violations
More than a dozen Piggly Wiggly stores in Alabama and Mississippi are facing fines for what the U.S. Department of Labor’s Wage and Hour Division calls “significant violations of the Fair Labor Standards Act’s child labor and wage provision.” The following is a news release from the division: The U.S. Department of Labor’s Wage and […]
Posted in, Equipment & Technology, Marketing News, Southeast, West
Revionics Signs Grocer for Price Optimization Software
Roseville, Calif.’s Revionics Inc. has signed K-VA-T Food Stores to use its price optimization software, reports the Sacramento Business Journal. K-VA-T Food Stores is based Abingdon, Va. It operates 104 grocery stores, with 76 pharmacies and 71 gas stations under the Food City, Super Dollar, and Gas ‘N Go brands in Kentucky, Virginia and Tennessee. […]
Posted in, Center Store, Southeast, Suppliers
Sugar Maker Banah Signs One of 2011’s Biggest Leases
Banah International, a sugar producer that plans to hire nearly 300 employees during the next three years, has leased more than 300,000 s.f. of space in Hialeah, Fla., owned by Terreno Realty Corp., reports the South Florida Business Journal. The 11-year deal, valued at between $15 and $20 million, for the facility at 3325 N.W. […]