by Michael, Jeremy and David Isenberg/Chex Finer Foods Special to Shelby Publishing Co. In today’s retail marketplace, we are increasingly seeing that natural and specialty foods are driving sales, excitement and profits. To maximize your sales of these items, retailers are following three key paths: 1. Integrating with mainstream grocery; 2. Driving consistent off-shelf displays […]
Tag: business
Posted in, National
Store Brand Sales Now Surpass $110B
With store brands now surpassing $110 billion in sales, the Private Label Manufacturers Association (PLMA) reported that shoppers are reaching for a retailer’s brand for one out of every four products they buy at the supermarket. Mid-year market share was 23.3 percent in supermarkets. Across all channels, private label recorded sales gains of 4.6 percent […]
Posted in, Grocery News, National
Walmart Rolls Out Great Value LED Lightbulbs For Less Than $10
Walmart has launched a Great Value line of LED lightbulbs for less than $10 in all of its U.S. stores, with the goal of making LED lightbulbs more accessible and affordable for consumers. The new line will be available exclusively at Walmart stores nationwide and Walmart.com. The energy-efficient LED, or light-emitting diode, technology provides the […]
Posted in, National, Suppliers
Smithfield Shareholders Approve Merger With Shuanghui International
Smithfield Foods Inc.’s shareholders have voted overwhelmingly to approve the proposed strategic combination with Hong Kong-based Shuanghui International Holdings Ltd., according to the company. At a special meeting of Smithfield shareholders held Tuesday, more than 96 percent of the votes cast were in favor of the transaction, which represents approximately 76 percent of Smithfield’s total […]
Posted in, National, Suppliers
GMDC Recognizes Top 10 General Merchandise Products
The Global Market Development Center’s (GMDC) GM13 Conference held in Phoenix, Ariz., earlier this month was a big success for both retailers and suppliers, according to event organizers. The Showcase, where suppliers have the opportunity to highlight their new products and/or packaging to retailers and wholesalers, was particularly helpful for conference attendees. “The Showcase was […]
Posted in, Beverage News, National
InLine Kicks Off Expansion Effort, Changes Name
In alignment with a significant move to expand, InLine Engineers continues to add experienced engineering talent to its staff and is unveiling a new company name that will better convey to the marketplace the company’s core capabilities and expertise. A revamped website is being launched simultaneously, inlineengineers.com. InLine Engineers says it will continue to strive […]
Posted in, Industry News, National
Study: Consumers Still Purchasing Private Label As Much As Previous Year
An ongoing shopper behavior study conducted by The Integer Group and M/A/R/C Research shows that shoppers seem to be keeping their private label shopping habits consistent with last year. Some shopper segments appear to be increasing their acceptance of private label with more than a third of shoppers still saying that they are buying more […]
Posted in, Albertsons, Southwest, Store News
Correction: Albertson’s Fort Worth Transaction Not A Sale
A story that The Shelby Report recently picked up from the Star-Telegram newspaper regarding Albertson’s LLC was incorrect. Albertson’s recently replatted property it owned in the Carter Industrial Park in south Fort Worth. The Telegram story picked up by The Shelby Report incorrectly characterized the transaction as a sale. The Shelby Report apologizes for any […]
Posted in, National, Suppliers
Kellogg Co. Recognized As ‘100 Best Companies’ By Working Mother Mag
With progress in the areas of company culture and work life programs, Kellogg Co. has been recognized by Working Mother magazine as a “100 Best Companies of 2013.” Companies are selected for the Working Mother 100 Best Companies honor based on an extensive application that ranks organizations in the areas of paid time off and […]
Posted in, National
NGA Provides Testimony At Swipe Fee Litigation Fairness Hearing
The National Grocers Association (NGA) provided testimony Thursday at a fairness hearing before U.S. District Judge John Gleeson in Brooklyn, N.Y., in the case “In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation.” The purpose of the hearing was to determine whether to approve the motion for final approval of the settlement. After […]
Posted in, National, Store News
Kroger Reports Record 2Q Results
The Kroger Co. on Thursday reported net earnings of $0.60 per diluted share and identical supermarket sales growth, without fuel, of 3.3 percent in the second quarter of fiscal 2013. The company marked its 39th consecutive quarter of positive identical supermarket sales. “Kroger’s strong second quarter results have us on target to deliver the earnings per […]
Posted in, West
Frieda’s CEO Judges Young Entrepreneur Competition
Frieda’s Specialty Produce President and CEO Karen Caplan joined a panel of 21 other business leaders last month to judge the Global Youth Business Plan Competition, hosted by the Academy of Business Leadership (ABL) at the University of Southern California. The Global Youth Business Plan Competition is one of the featured events of the ABL […]
Posted in, National, Perishables
AMI Foundation Debuts New Video On Proper Thermometer Use
Using a thermometer to ensure meat and poultry products are cooked to a proper internal temperature is one of the most important food safety steps people can take, yet research by the International Food Information Council Foundation shows that only 36 percent of Americans make this a regular habit. With that in mind, the American […]
Posted in, Marketing News, National
Brands Improve Ad Response By Targeting Based On Price Sensitivity
According to a new research report published by customer science company dunnhumby, a consumer’s sensitivity to price greatly influences his or her response to advertising tactics and the channel of delivery. Further, common demographically based media targets do not align with price sensitivity, suggesting that a brand that buys ads targeted to “moms,” for instance, is […]
Posted in, Northeast, Store News
Roche Bros. Co-Founder Dies At 85
Mr. Daniel F. “Bud” Roche, the retired co-founder and board chairman of Roche Bros. Inc. in Massachusetts and the founder of Hans Kissle Salad Co., died Wednesday. He was 85. Roche, along with his brother Pat—who died last year—opened their first store in 1952 in Roslindale, Mass. This first meat and produce store expanded in […]
Posted in, Midwest, Suppliers
Cargill Building $29M Feed Mill In Hedrick, Iowa
Cargill’s pork business broke ground this week for construction of a new $29 million, state-of-the-art feed mill in Hedrick, Iowa. The new feed mill, capable of producing 350,000 tons of pelletized hog feed annually, is strategically located in proximity to feedstock raw material supplies; hog finishing operations in southeast Iowa and northern Missouri; as well […]
Posted in, National
Jarden To Acquire Yankee Candle For $1.75B
Jarden Corp., a leading global consumer products company, has entered into a definitive purchase agreement to acquire Yankee Candle Investments LLC, a leading specialty-branded premium scented candle company in the U.S., from a fund managed by Madison Dearborn Partners LLC, a private equity firm, for approximately $1.75 billion in cash, subject to working capital and […]
Posted in, Executive News, National
List-Stoll To Succeed CFO McLevish At Kraft Upon Retirement
Kraft Foods Group says that Teri List-Stoll has joined the company as SVP of finance and will succeed current CFO Timothy McLevish in the first quarter of 2014. List-Stoll has a wealth of consumer packaged goods experience, having worked for nearly 20 years at Procter & Gamble, according to Kraft. Since 1994, she has held […]
Posted in, National, Store News
Harris Teeter Shareholders To Vote On Kroger Acquisition Oct. 3
Harris Teeter Supermarkets Inc. has scheduled a special shareholder meeting for 10 a.m. Oct. 3 related to its proposed merger with The Kroger Co., the Charlotte Business Journal reports. In July, Cincinnati-based Kroger announced its intentions to acquire Harris Teeter for approximately $2.5 billion, including assumption of $100 million in debt. The all-cash transaction is […]
Posted in, National
Bessell Becomes Produce Specialist For Birko
Birko, a leading provider of food safety solutions for the produce industry, has named Ian Bessell as the firm’s director of business development and food safety for produce. “We’re delighted to have Ian on board at Birko,” says Kelly Green, Birko’s owner and chairman of the board. “Ian’s extensive background in fruits and vegetables throughout […]