Raleigh, N.C.-based Pepsi Bottling Ventures (PBV), a joint venture between Suntory International and PepsiCo, has named Paul Finney its president and CEO. Finney succeeds Keith Reimer, who retired Dec. 31. Finney had served as PBV’s SVP of sales and marketing since 2006. “Paul is an immensely talented and versatile executive with proven know-how in running […]
Category: Southeast
Posted in, Bonus Content, Equipment & Technology, Southeast
GE Capital Provides Credit Facility to Navarro Discount Pharmacy
GE Capital, Corporate Retail Finance is now the administrative agent and sole lender on a $65 million asset-based credit facility for Navarro Discount Pharmacy, the largest Hispanic-owned pharmacy chain in the U.S. and an MBF Healthcare portfolio company. The financing will be used to refinance debt and for general corporate purposes. Founded in 1960, Miami-based […]
Posted in, Albertsons, Bonus Content, Southeast
Winn-Dixie Joins Diabetes Prevention and Control Alliance
Florida-based Winn-Dixie is joining the Diabetes Prevention and Control Alliance (DPCA), an initiative aimed at tipping the scales against the epidemic of diabetes, prediabetes and obesity by expanding access to community-based programs that use evidence-based approaches to help prevent and control diabetes. Trained Winn-Dixie pharmacists in 29 select Winn-Dixie stores in Jacksonville, Orlando and Tampa […]
Posted in, Perishables, Southeast
Tennessee Pride Introduces Healthier Breakfast Options
Madison, Tenn.-based Tennessee Pride has introduced a full line of premium sausage patties, which includes two healthier options: Turkey and Reduced Sodium. The Turkey variety has 60 percent less fat, and the Reduced Sodium patties have 40 percent less sodium; both products contain no MSG. The idea for the new product line came from consumer […]
Posted in, Center Store, Midwest, Southeast
Graeter’s Ice Cream Hitting Publix, Winn-Dixie Shelves
Graeter’s ice cream makes its own pastries, chocolates and ice cream from scratch for its chain of three-dozen stores in the Cincinnati area, and now believes its loyal following will translate to a successful Tampa Bay expansion. The premium high milk-fat ice cream attracts a large mail-order business and Florida has been the top address […]
Posted in, Center Store, Southeast, Southwest
Hostess Likely to File for Chapter 11 Bankruptcy
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., […]
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 […]