With more Americans looking to incorporate healthier yet satisfying foods into their diets, Wonder®, a classic American bread brand, has introduced three new wheat breads that combine wholesome nutrition with the taste of Wonder that families love. New Wonder 100% Whole Wheat, Honey Wheat and Wheat Sandwich varieties are baked with no artificial colors, flavors […]
Tag: business
Visa Enjoys Record Gains After Settlement with Retailers
San Francisco, Calif.-based Visa broke a company record, reaching $131 per share on July 16, according to a San Francisco Business Times report. The shares rose $3.06 or 2.47 percent, compared to MasterCard’s 1.7 percent ($7.29) gain. The rise comes after the recent settlement with retailers, which cleared up uncertainty for the two payment companies […]
Fall Marshall USC Executive Program To Be Held in Texas
For the first time ever, the USC Marshall School of Business Food Industry Executive Program (FIEP) will be offered in Plano, Texas, this fall. Taught by USC Marshall School of Business professors and food industry “subject matter” experts, the FIEP is designed for food industry executives, managers and high potentials from retail/wholesale and consumer packaged […]
Rucker New EVP for Kraft Foods Group
Kim Rucker will be EVP of corporate and legal affairs for Kraft Foods Group, effective late August. Upon the launch of Kraft Foods Group later in 2012, Rucker will report to North America President and future CEO Tony Vernon. Rucker joins the company from Avon Products, where she serves as SVP, general counsel, corporate secretary […]
AWMA, Merchants Grocery Co. Host FDA Plant Tour
A group of Food and Drug Administration (FDA) regulators visited American Wholesale Marketers Association (AWMA) member Merchants Grocery Co. in Culpeper, Va., Wednesday afternoon and viewed the company’s tobacco processing operation at the invitation of AWMA and Merchants. The purpose was to help the FDA officials charged with regulating tobacco clearly understand the distributor’s role […]
Couche-Tard Acquires 27 Stores In Eastern Washington State
Alimentation Couche-Tard Inc. has signed, through its indirect wholly-owned subsidiary, Circle K Stores Inc., an agreement to acquire 27 stores in Eastern Washington State primarily in the “Tri-Cities” area of Pasco, Kennewick and Richland from Sun Pacific Energy, which operates under the “Sun Mart” banner. The transaction is anticipated to close in November. The transaction […]
Tops To Acquire 21 Supermarkets From GU Markets
Tops Friendly Markets, a leading full-service grocery retailer in western New York, central New York and northwestern Pennsylvania, has announced that the company has entered into an agreement with GU Markets LLC, an affiliate of C&S Wholesale Grocers Inc., to acquire 21 supermarkets located in upstate New York and Vermont. This acquisition will bring the […]
Organized Retail Crime Cutting into Grocers’ Profits
by Ashley Bates/staff writer Organized retail crime (ORC) involves a criminal network made up of many people who steal large quantities of goods from retailers and later resell the products, and it is a growing problem for U.S. retailers, costing them $3.53 billion in 2010, according to the National Retail Federation (NRF). Thomas Martin is […]
Hostess Brands Issues Extension of WARN Notice
Hostess Brands Inc., maker of Twinkies and other products, today sent an extension of the conditional WARN notice originally dated May 4 to its 18,500 employees, and Hostess employee union representatives. The notices inform them that certain events could occur within the next 45 days that could lead the company to sell all or portions […]
Winn-Dixie Launches Prescription Program Including $4/$10 Generics
Winn-Dixie has launched in all of its pharmacies a prescription-savings program that offers deep discounts on more than 400 generic medications and varied discounts on name-brand and other generic medication. “Not everyone has insurance or health benefits that adequately cover prescriptions,” said John Fegan, VP of pharmacy for Winn-Dixie. “This program makes it easier for […]
Nestlé USA Appoints Hannah Coan New VP Of Corporate, Brand Affairs
Nestlé USA has named Hannah Coan its new VP of corporate and brand affairs. Coan’s appointment follows the retirement of Laurie MacDonald who joined Nestlé in 1985 working in the nutritional products division before joining corporate and brand affairs. Coan most recently was SVP of Waggener Edstrom Public Relations, where she led communications for Microsoft’s […]
$32B Prepared Foods Market Proves Supermarkets Aren’t Just For Groceries
Sales of prepared foods and ready-to-eat foods at retail will reach $32.45 billion in 2012, up 7.5 percent from 2011, according to “Prepared Foods and Ready-to-Eat Foods at Retail,” a just-released report from Packaged Facts. The prepared foods retail net extends across a wide number of retail formats, but supermarkets command majority share. Supermarkets garner […]
California Communities Get Year-Round Access To Healthy Foods
Thousands of families across California will soon have easier access to essential foods for a healthy life as the result of grants awarded by The California FreshWorks Fund (CFWF), administered by NCB Capital Impact. The $105,100 in grants are designed to create new access to healthy foods, and are awarded to: The Community Development Foundation […]
Consumers Union Praises FDA Action to Ban BPA in Baby Bottles, Sippy Cups
Consumers Union, the advocacy arm of Consumer Reports, today praised the action by the Food and Drug Administration (FDA) to ban the controversial plastic chemical bisphenol-A (BPA) in baby bottles and sippy cups. “This is a big day for everyone who has worked so hard to get BPA out of our sippy cups and baby […]
Shaw’s Celebrates Grand Re-Opening of Maine Stores with Trailer Donation
Shaw’s Supermarkets recently celebrated the grand re-opening of its stores in Auburn and Lewiston, Maine. The company commemorated the occasion by donating a trailer to the Good Shepherd Food-Bank as part of its commitment to supporting the organization’s critical mission to provide food to those in need. The newly revamped stores were designed to offer […]
Yogurt’s Growth Outpaces Rest Of U.S. Food Industry
Yogurt’s growth has outpaced the rest of the U.S. food industry and analysts say the market for yogurt of all kinds is only expected to increase, reports Fortune. Reports and projects that point to growth in the industry, according to Fortune, include: A Nielsen study that says U.S. sales are up 15 percent from 2010 […]
Fans Invited To ‘Duo It Better’ With New Ice Breakers Duo Mints
The Hershey Co. recently introduced the coolest and sweetest way to experience fresh breath with the launch of Ice BreakersDuo® mints—the ultimate “fruit + cool” flavor sensation, according to news release. Ice BreakersDuo mints come in two flavors—Raspberry and Strawberry—and combine a sweet, fruity taste with the brand’s signature cooling crystals and are available at […]
NACS Rejects Proposed Antitrust Settlement with Visa, MasterCard
The proposed settlement of longstanding antitrust litigation between merchants and the credit card industry was rejected by the National Association of Convenience Stores (NACS), a class plaintiff in the lawsuit. Because the proposed settlement does not introduce competition and transparency into the broken credit card swipe fee market, the NACS Board of Directors, comprised of […]
Harris Teeter to Expand in N.C. Triangle Area
Harris Teeter Supermarkets Inc. is preparing to add three stores in the Triangle area of North Carolina in 2013, the Charlotte Business Journal reports. The stores are planned in Wake, Durham and Johnston counties. The expansion comes after the Matthews-based grocery chain stalled plans for several new Triangle-area stores in 2008, amid the recession.
Organic Alliance Issues Special Letter To Shareholders
Organic Alliance Inc., a global grower, shipper and distributor of fresh foods focusing on organic and Fair Trade agriculture, has issued the following special letter to shareholders: Dear Shareholder: It is my privilege to report that Organic Alliance Inc. (ORGC) has reached the critical mass needed to solidify its market position in the $29.2 billion […]
