After countless test batches in Samuel Adams’ Boston-based nanobrewery, the brewers say they are ready to share Samuel Adams Rebel IPA with drinkers across the country. Rebel IPA is a West Coast-style IPA brewed to maximize the aromatics and flavors of five of the brewers’ favorite American hops from the Pacific Northwest, according to Samuel […]
Tag: business
Ocean Mist Farms Celebrates 90th Anniversary
Ocean Mist Farms will celebrate a 90-year legacy of growing artichokes and premium fresh vegetables with activities planned throughout the year ahead. The fourth-generation grower-owned business was founded by Italian immigrants in 1924 who started the business by growing artichokes and Brussels sprouts along the Pacific Ocean’s Monterey Bay in Castroville, Calif. Today the company farms […]
Congress Finally Reaches Compromise On Farm Bill
The negotiations over the Farm Bill could be at an end, as late yesterday House and Senate committees reached a bipartisan agreement on the Farm Bill that has been delayed for more than a year. The bill, which still needs to be approved by both the House of Representatives and the Senate before going to […]
PepsiCo Plans To Invest $5B In Mexico
PepsiCo Inc. plans to invest $5 billion in Mexico over the next five years. The investment is designed to further strengthen PepsiCo’s food and beverage business in Mexico, one of the most attractive markets in Latin America with a growing middle class and numerous opportunities for long-term economic growth, according to the company. PepsiCo says […]
AG New England Acquires Bi-Wise Market, Will Operate As Sully’s
Bi-Wise Market of Allenstown, N.H., is selling its business to Associated Grocers of New England. “Bi-Wise Market has been in operation since August of 1966 and was founded by ‘Mighty’ Mike Genest and continues to be run by the Genest family,” says Mike Bourgoine, president and CEO of AG of New England. “Since that time, […]
Maxim Marketing Sues ConAgra, Trader Joe’s $60M For Interfering With Pretzel Biz
Maxim Marketing Corp. on Wednesday filed suit against ConAgra and Trader Joe’s in Los Angeles County Superior Court for breach of contract, intentional interference with contractual relations and violation of California antitrust law. “The lawsuit alleges that the actions of Trader Joe’s and ConAgra breach a number of their obligations to Maxim and also violated […]
Kroger, Harris Teeter Deal To Close Sooner Than Expected
The Federal Trade Commission has granted early approval regarding The Kroger Co.’s acquisition of Harris Teeter Supermarkets Inc. The deal, valued at about $2.5 billion, is expected to close by the end of January. The original close date was scheduled for early February. Kroger and Harris Teeter in July announced the definitive merger agreement, which […]
Target To Debut Express Format In July In Minneapolis
Target in July will begin testing a new store format, TargetExpress, in Minneapolis near the University of Minnesota campus. It will be the retailer’s smallest location ever. The store will serve students and urban guests living in nearby neighborhoods and cover approximately 15 percent the size of a general merchandise Target store. “This is an […]
FMI Foundation Raises $800K, Bolsters Family Meals Campaign Commitment
The Food Marketing Institute (FMI) Foundation hosted its third annual gala event Monday evening in Scottsdale, Ariz. The event celebrated the accomplishments and investments of the food retail industry in addressing social concerns. The FMI Foundation raised $800,000 and will continue to concentrate its efforts on food safety and health and nutrition initiatives, research and […]
Supervalu Gets New Chairman
Supervalu has named a new chairman for its company board of directors. Retail executive Gerald Storch replaces Robert Miller, who resigns the position to “focus on other demands,” according to the Eden Prairie, Minn.-based company. Miller served as chairman since March 2013. Storch is chairman and CEO of Storch Advisors, a senior management advisory and […]
Target Expands Data Breach Impact To 70M Customers; Says Additional Info Was Stolen
Target said Friday that the number of customers affected by the data breach at its U.S. stores late last year is 70 million. The Minneapolis-based retailer originally reported that the debit and credit card information of 40 million customers had been compromised. Target also said that more than just payment card information was taken during […]
In-Store Bakery Goods Market Exceeds $13 Billion
Despite comprising a relatively small percentage of perishable dollar sales at most retail stores, in-house bakeries are a thriving part of the U.S. food landscape. Retail dollar sales of in-store bakery goods reached $13.4 billion in 2013, up from $12.8 billion in 2012, according to “In-Store Bakeries: U.S. Market Trends,” a recently released report by […]
United Fresh Launches Monthly Webinar Series
United Fresh Produce Association members are invited to log in for a new, complimentary webinar series hosted by United’s Market Segment Boards and Expert Councils. Each month, United’s volunteer leader groups will tackle a new topic on key issues impacting the industry. The first in the webinar series, hosted by the United Fresh Grower-Shipper Board, […]
Fields Foods Opens In St. Louis
Fields Foods, a locally owned and operated grocery store specializing in locally produced food products, opened its doors in St. Louis on Saturday. Located at 1500 Lafayette Ave. near the south side of the city, the store is dedicated to bringing fresh, high-quality foods to residents of St. Louis, which has several urban food desert […]
Whole Foods Commits $25M In Funding For Loans To Local Producers
Whole Foods Market says its Local Producer Loan Program (LPLP) has reached the initial goal of funding $10 million in low-interest loans to local and independent food businesses, and has now committed up to $25 million in funding. The LPLP has provided 184 loans to 155 companies since its inception in 2007. In providing easier […]
A Congressional Year In Review And A Look To Future Action
Similar to 2012, this past year’s themes encompassed those of partisan gridlock and legislative uncertainty, making it another challenging year for our industry. While the so-called “fiscal cliff” was averted in the very early hours of 2013, Americans experienced a partial government shutdown for the first time in more than a decade. Many issues, including […]
Target CEO Offers Free Credit Monitoring, Video Apology For Data Breach
Gregg Steinhafel, chairman, president and CEO of Target, has issued a video apology for the data breach that has impacted some 40 million of its customers, and resulted in several lawsuits, according to reports. “We understand that a situation like this creates stress and anxiety about the safety of your payment card data at Target,” […]
Delhaize D.C. In Florida Will Close After Bi-Lo Deal Finalized
Delhaize America confirmed Tuesday that its distribution center in Green Cove Springs, Fla., will close after a previously announced deal with Bi-Lo Holdings is finalized next year. Christy Phillips-Brown, director of external communications and community relations for Delhaize America, told the Jacksonville Daily Record in an email that the distribution center will close after the […]
NGA Expresses Opposition To Credit Card Swipe Fee Settlement
U.S. District Court Judge John Gleeson on Friday issued a decision granting final approval to the proposed settlement of In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. This litigation involves complaints filed in 2005 by the National Grocers Association (NGA) and other associations and merchants against Visa, MasterCard and some of the […]
