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. […]
Category: Southeast
Posted in, Midwest, National, Southeast, Southwest
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 […]
Posted in, Southeast
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 […]
Posted in, Marketing News, Northeast, Southeast
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 […]
Posted in, Southeast
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., […]
Posted in, Albertsons, Southeast
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 […]
Posted in, Southeast
Bud’s Best Cookies Names Al Cason President
Al Cason has been named president of Bud’s Best Cookies, the Birmingham Business Journal reports. Cason has served as the Birmingham, Ala.-based company’s VP in charge of sales and marketing since 1998. He began his career at the company in 1998. His father is Bud Cason, owner and founder of Bud’s Best. The elder Cason […]
Posted in, Perishables, Southeast
Rouses Unveils Signature Line Of Sustainable Gulf Coast Fish
The latest fish story out of Louisiana stars three Gulf Coast fish—drum, sheepshead and flounder—and a local family at the forefront of a national movement to promote local, seasonal, sustainable food. Rouses Markets is introducing its own brand of flash-frozen, wild-caught local fish at all 38 of its stores. “Season, fishing restrictions and weather affect […]