Sovos Brands, a food and beverage company formed by Advent International, has completed its previously announced acquisition of Rao’s Specialty Foods, a New York producer of Rao’s Homemade, a brand of pasta sauce. Rao’s Specialty Foods is the second acquisition in less than six months for Sovos Brands. Rao’s Specialty Foods joins Sovos’ portfolio of […]
Tag: business
Posted in, Corporate Store News, Home Page Latest News, Southwest
Walmart CEO: We Will Be ‘People-Led And Tech-Empowered’
At Walmart’s 47th Annual Shareholders’ Meeting on Friday, June 2, President and CEO Doug McMillon said Walmart has “started to invent the future of shopping again,” leveraging technology to “empower associates and improve the customer experience.” The goal is to offer the “best prices and great merchandise, while saving customers time and creating a fast, […]
Posted inBJ's Wholesale Club, Corporate Store News, Northeast, Store News
BJ’s Wholesale Club Launches B2B Sales Division
BJ’s Wholesale Club has launched its B2B Sales division, offering businesses more value and personalized service for volume orders. In this new division, BJ’s will offer businesses special volume pricing; easier ordering and pickup; and coordination of multiple pallet, truckload or container orders. Businesses can purchase through B2B Sales for both individual needs and resale, with […]
Posted inIndependent Store News, Home Page Latest News, Industry News, National
Grocery Biz ‘Not For The Faint Of Heart’: Independent Sales Down From Prior Year
FMS Solutions and the National Grocers Association (NGA) have released their annual “Independent Grocers Financial Survey,” the latest edition covering fiscal year 2016. The study, now in its 12th year, found independent grocers reported that their sales were down 1.62 percent in 2016 compared to 2015. Food-at-home deflation across all categories, especially in meat and […]
Posted in, Home Page Latest News, Northeast, Wholesaler/Distributor News
Garber Bros. Shuts Down Operations, Leaving C-Store Customers Scrambling
by Mike Berger/editor-Northeast Garber Bros., a greater Boston convenience store distributor, abruptly closed its doors on April 10 and has ceased operations. Calls and emails to the business and its president, Amy Garber, have gone unreturned. A security force now patrols the Stoughton, Massachusetts, headquarters building. The company’s website remains online. Sources say the company is […]
Posted inWest, Albertsons, Home Page Latest News, Market Profile, Shelby Content, Shelby Signature Content
All Eyes On State And National Governments As Oregon Enjoys Booming Economy
by Alissa Marchat/staff writer The economic outlook is bright for the Beaver State, according to the state’s latest economic forecast, released by the Department of Administrative Services in late February. While Oregon is adding jobs at a slower pace than the “full-throttle” rates seen in 2014 and 2015, it still is outpacing the nation, with […]
Posted inNortheast
Industry To Unite At NECSEMA Show On March 22
“What’s Your Brand” is the theme of the New England Convenience Store & Energy Marketers Association (NECSEMA) 2017 Trade Show, which will be held at the DCU Center in Worcester, Massachusetts, on March 22. This will the second year of the show, which formed after the merger of the New England Convenience Store Association and Independent […]
Posted inStore News, Albertsons, Corporate Store News, Home Page Latest News, National
Albertsons, Sprouts Reportedly In Merger Talks
According to a Bloomberg report Sunday, Albertsons Cos. is in preliminary discussions to merge with organic grocer Sprouts Farmers Market. The report cites “people with knowledge of the matter.” Representatives of the companies have not commented. A deal would take Phoenix, Arizona-based Sprouts private. Albertsons, backed by Cerberus Capital Management, is among the largest grocery […]
Posted inNortheast
Stavis Seafoods Opens Additional Facility In Peabody, Massachusetts
Stavis Seafoods of Boston has opened an additional 40,000-s.f. warehouse facility, located just north of Boston in Peabody. The new facility will serve as the primary home for the company’s line of frozen seafood products. It will enable the company to put most of its frozen inventory under one roof, improving order fulfillment and warehouse efficiencies, […]
Posted inStore News, Home Page Latest News, Midwest
Strack & Van Til To Close Five Stores In April
Strack & Van Til will close five stores, including its longtime store in Merrillville, Indiana, reports nwi.com. In addition to the Merrillville store at 7201 Taft Street, the Highland, Indiana-based supermarket chain will shutter four Illinois stores, including a Strack & Van Til and an Ultra Foods in Chicago on April 30. A company spokesman told […]
Posted inNortheast
Godshall’s Quality Meats Converting To An Employee-Owned Company
Godshall’s Quality Meats of Telford, Pennsylvania, plans to become an employee-owned company. Owners Mark Godshall, Floyd Kratz and Ron Godshall say they are taking this step to ensure that the business remains independent and maintains its unique culture. “It seemed like the next step in our philosophy of treating our employees like family,” said Mark. […]
Posted inNortheast
Stonyfield Organic Earns B Corp Certification
Stonyfield Organic, Londonderry, New Hampshire, has become a Certified B Corporation, joining a global community of businesses committed to higher standards of social and environmental practices. B Lab—the verifying body behind B Corp—conducted an evaluation of Stonyfield and its products to ensure they met or exceeded the group’s comprehensive standards. Certified B Corporations are legally […]
Posted inCorporate Store News, Home Page Latest News, National
Kroger’s 50-Plus Consecutive Quarters Of ID Sales Growth Ends
The Kroger Co.’s record 52 consecutive quarters of positive identical supermarket sales, excluding fuel, has ended as, on Thursday, the Cincinnati-based grocery chain reported that ID sales, without fuel, were down 0.7 percent in the fourth quarter of 2016, which ended Jan. 28. The company reported net earnings of $0.53 per diluted share for the […]
Posted inBeverage News, Home Page Latest News, Northeast
Pepsi Blames Philadelphia Soda Tax For Job Cuts
Pepsi said Wednesday that it is cutting 80 to 100 jobs in Philadelphia and laid blame on the city’s beverage tax that took effect Jan. 1. The layoffs reportedly will happen over the next few months and impact frontline and supervisory positions. Pepsi employs a total of 423 people in the area, where it has […]
Posted inNortheast
New England Dairy Farmers Discuss Strategies For Success
Hundreds of dairy farmers and agricultural leaders from New England and New York gathered at the recent 18th annual Vermont Dairy Producers Conference in Burlington to hear from a panel of experts about strategies to ensure dairy farms remain a vibrant part of the local economy. Conference organizer Reg Chaput, a dairy farmer from North Troy, reports […]
Posted inNortheast, Association News
CFA Combines Annual Meeting And Industry Trends Dinner
The Connecticut Food Association’s (CFA) annual meeting and Industry Trends & Dinner Reception will be held March 2. This event replaces the former annual meeting typically held in January and the Hall of Fame Dinner in April. CFA President Wayne Pesce said, “We have combined the two events into one in an effort to recognize […]
Posted inAssociation News, California Perspective, Home Page Latest News, Store News, West
California Grocers Association Lauds Legislation To Help Stop Serial Theft
The California Grocers Association (CGA) is supporting and co-sponsoring a bill that would provide grocers and other retailers with relief from the recent spike in shoplifting. Assembly Bill 1326 by Assemblymember Jim Cooper (D-Elk Grove), and co-authored by assemblymembers Sabrina Cervantes (D-Corona) and Raul Bocanegra (D-Pacoima), will aggregate the dollar value of certain property crimes, […]
Posted inNortheast
Snyder’s-Lance Invests In Natural/Organic Manufacturer
Snyder’s-Lance plans to invest in Natural Foodworks Group (NFG), a food manufacturer specializing in natural and organic products. According to Snyder’s-Lance, the strategic partnership aligns with its mission to expand better-for-you options focused on ingredients, quality and taste. “We are thrilled to partner with the team at Natural Foodworks, a leader in manufacturing innovative and delicious […]
Posted inNortheast
New England Food Show Offers Something For All
The New England Food Show (NEFS), which begins Sunday and runs until Tuesday at the Boston Convention & Exhibition Center, is the largest trade show in the Northeast for food retail and foodservice buyers, as well as hospitality professionals. The annual show highlights products from the agriculture and forestry; meat, poultry and seafood; food and beverage; […]
Posted inIndependent Store News, Amazon Fresh, Association News, Center Store, Home Page Latest News, Industry News, National, Shelby Content, Shelby Signature Content, Store News, The Independent Perspective, Whole Foods
Larkin Outlines Top 3 Hot Topics Among NGA Show Attendees
The Shelby Report’s Editor-in-Chief Lorrie Griffith sat down with National Grocers Association (NGA) President and CEO Peter Larkin at the NGA Show in Las Vegas in earlier this month, which turned out to be the show’s seventh consecutive year of record-breaking attendance—more than 3,400—including a record level of retailer and wholesaler participants. The Expo floor […]