business Archives - Page 53 of 89
Posted in, National

United Fresh Opens 2013 Produce Industry Compensation Survey

The United Fresh Foundation, through its Center for Leadership Excellence, has launched its 2013 compensation survey for the fresh produce industry. The data collected will be published in an expansive research report that will assist produce industry employers in understanding critical compensation benchmarks. The compensation survey, which was first released in 2011, has been updated […]

Posted in, Executive News, National

Green Innovations Adds Former Kimberly-Clark VP To Advisory Board

Green Innovations Ltd. has added Philip C. Rundle to the Miami-based company’s strategic advisory board. Rundle is a business leader with more than 20 years of domestic and international experience in the tissue, diaper, wipes and feminine care products business. “Philip’s direct industry experience at Kimberly-Clark and more recently at a leading U.S.A. tissue manufacturer […]

Posted in, National, Store News

Weak Outlook Sends Fresh Market To 52-Week Low

Greensboro, N.C.-based The Fresh Market Inc. today reported a higher profit and revenues for the fourth quarter of fiscal 2012, but the specialty grocer’s weak forecast and failure to meet analyst expectations sent its share prices tumbling, according to The Business Journal. Shares of The Fresh Market hit a 52-week low of $36.51 today after […]

Posted in, Northeast, Store News

Weis Markets Issues 4Q Results

Weis Markets Inc. today reported its fourth quarter and year-end net income increases. The Sunbury, Pa.-based company says these results were achieved in a 52-week fiscal year compared to a 53-week fiscal year in 2011. For the 13-week period ending Dec. 29, 2012, the company’s net income increased 14.5 percent to $22.1 million compared to […]

Posted in, Southeast, Suppliers

Smucker’s Expanded Memphis Plant Will Manufacture Peanut Butter Brands

The Economic Development Growth Engine of Memphis & Shelby County has approved an application for payment-in-lieu-of-taxes benefits for J.M Smucker LLC for a proposed expansion of the company’s Memphis, Tenn., facility. The Memphis Business Journal reports that Smucker is planning a $55 million expansion that will add 65 new jobs to the 60 existing local […]

Posted in, Store News, West

Sprouts Farmers Market Said To Be Considering IPO

Phoenix, Ariz.-based Sprouts Farmers Market is mulling an initial public offering of stock, according to a Bloomberg report. The Phoenix Business Journal says that the natural foods grocer, which generates revenues in the neighborhood of $2 billion, may begin interviewing underwriters to work on an IPO. Sprouts, started as a family owned chain in 2002, […]

Posted in, National

2013 NGA Show Closes With Record Attendance Numbers

The National Grocers Association’s 2013 NGA Show has come to a close, having once again expanded its offerings to further solidify its reputation as the place “Where Independents Gather.” The annual four-day show was one of the largest in NGA history, with more than 2,700 in attendance including retailers, wholesalers and industry partners. The NGA […]

Posted in, National

Simpson, Bowles Talk Fiscal Policy

During the NGA Show’s opening day, former Sen. Alan Simpson (R-Wyo.) and Sen. Erskine Bowles (D-N.C.), co-chairs of the National Commission for Fiscal Responsibility and Reform, discussed the economy and America’s current fiscal system in a lively keynote presentation. Both speeches emphasized unsustainable spending and national debt, covering healthcare, Social Security, national defense, taxes and […]