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: Southwest
Posted in, Albertsons, Market Profile, Southwest
Texas Roundup: Retailers Expand, Bring New Formats to Meet Needs
[gn_note color=”#ff3333″] The 2011 Texas Roundup originally ran in the November 2011 edition of The Shelby Report of the Southwest. Due to reader requests we will be posting our Profiles from each edition of The Shelby Report. The profile will be published on theshelbyreport.com one month after it has run in print.[/gn_note] by Terrie Ellerbee/associate […]
Posted in, Southwest
Walmart to Open Third Albuquerque Neighborhood Market
Walmart has signed a long-term lease to place one of its Neighborhood Markets in the site once occupied by a Wild Oats store in the Foothills Shopping Center at Juan Tabo and Menaul NE in Albuquerque, reports New Mexico Business Weekly The 34,000-s.f. anchor site in the Northeast Heights’ center will be the nation’s largest […]
Posted in, National, Southwest
AWG Sells HAC Stores to Employees
The management and employees of Homeland Acquisition Corp. (HAC), consisting of Homeland, United of Oklahoma, Country Mart stores in Oklahoma and Super Save stores in north central Texas, has completed an employee buyout transaction allowing employees to purchase the company, which operates 76 retail grocery stores, from Associated Wholesale Grocers (AWG), a retail-owned cooperative. The […]
Posted inHarps Food Stores, National, Perishables, Southwest
Harps Cake Decorator Wins Food Network Challenge
A Fort Smith, Ark., cake decorator with Harps Food Stores recently made his national television debut. Competing on the Food Network Challenge’s “Christmas Classics Cakes” episode, the two-person team led by award-winning cake designer Danny Lane was challenged to make a unique Christmas-themed cake. A large gathering of Harps associates, family and friends met at […]
Posted in, Beverage News, Marketing News, National, Southwest
Tyson Partners with 7UP for Big Game Promotion
Springdale, Ark.-based Tyson Foods will launch a new promotion featuring savings on Wings, Boneless Wings, and 7UP® brand beverages for the football season leading up to the playoff game in February. The promotion will be featured in approximately 8,000 stores nationwide. In-store coupons will save consumers $1.50 when they buy Tyson® Wings or Boneless Wings […]
Posted in, Southwest
Val Verde Updates Image as Part of Growth Plan
The harvest season is under way at McAllen, Texas-based Val Verde Vegetable Co., but greens aren’t all that’s fresh. Val Verde recently launched a new corporate identity, expanded product lines and made equipment upgrades. As part of several company-wide changes, Val Verde has introduced a new logo that epitomizes the iconic red and green of the […]
Posted in, Southwest
US Foods Signs New Lease for River Corporate Center
US Foods has signed a new 12-year lease at River Corporate Center in Tempe, Ariz., the Phoenix Business Journal reports. Terms of the deal were not disclosed. US Foods will lease 133,225 s.f. at the center located at 8075 S. River Pkwy. in the Arizona State University Research Park. The Rosemont, Ill.-based food distributor will […]