business Archives - Page 76 of 89
Posted in, National, New Products

Campbell CEO Unveils Products Developed by Innovation Teams

Campbell Soup Co. President and CEO Denise Morrison outlined the company’s progress on its new innovation program during a presentation at the annual Consumer Analyst Group of New York (CAGNY) conference in Boca Raton, Fla., in late February. Last July, Morrison charted a new direction for Campbell based on three growth strategies: stabilize and then […]

Posted in, National

Hostess Brands Retains Rayburn as CRO

Hostess Brands Inc. announced Monday that, subject to court approval, it has retained Gregory F. Rayburn of Kobi Partners LLC as its chief restructuring officer (CRO). Rayburn will report to Hostess President and CEO Brian Driscoll and will assist Driscoll in managing the company’s restructuring under Chapter 11. Rayburn has more than 29 years experience […]

Posted in, Equipment & Technology, Northeast

MyWebGrocer Adds 1 Millionth Product

MyWebGrocer has added the millionth product to its database, Cabot Creamery in Vermont. More than 114 retailers nationally, totaling more than 10,000 stores, use MyWebGrocer’s database to power their online grocery solutions, including digital circulars, list building and eCommerce tools. The Vermont Select Premium Extra Sharp 2-lb. package of Cabot Cheddar cheese was product 1 […]

Posted in, National

Groups Join Forces for Big Convention

The American Meat Institute, Food Marketing Institute (FMI), United Fresh Produce Association and National Association of State Departments of Agriculture (NASDA) are partnering on four shows, to be co-located in Dallas, Texas, on April 30-May 3, with 1,200 exhibitors and 1 million s.f. of the latest food technology and trends on display. The American Meat […]

Posted in, Northeast, Southeast

Save-A-Lot Opens New Stores in the East

Save-A-Lot, one of the nation’s leading hard-discount, limited-assortment grocery chains and a wholly owned subsidiary of Supervalu, is opening a number of new stores, concentrated in the eastern U.S. The company plans to open four new stores in Pennsylvania in February and March, bringing the total number of Save-A-Lot stores in the state to 76. […]

Posted in, Southeast

Publix DMs Recognized for Promoting Diversity

Each year Publix Super Markets presents a district manager from each of its retail divisions and one support manager with a President’s Award, denoting success in meeting equal opportunity goals, displayed dedication to the dignity, value and employment security of Publix associates, and maintained a work environment that values diversity and is free from discrimination. […]

Posted in, Southeast, Southwest

Fletcher Named SVP at Associated Grocers of Baton Rouge

Associated Grocers Inc. in Baton Rouge, La., has promoted Lewis R. “Randy” Fletcher to SVP of distribution and transportation. Fletcher has been with Associated Grocers since January of 1977, recently completing 35 years of service to the company and its members. Fletcher has worked in various departments at AG Baton Rouge, including distribution, transportation, dry […]

Posted in, National, Store News

Kroger Analysts at Odds

Standard & Poor’s (S&P) downgraded Kroger Co.’s stock Monday from “hold” to “sell,” citing rising price competition, the Los Angeles Business Journal reports. The move follows an upgrade by Citigroup on Friday, from “neutral” to “buy,” citing higher pharmacy sales and market share gains. S&P lowered its target price from $25 to $21, while Citi […]

Posted in, Equipment & Technology, National

Social Media Redefining Americans’ Relationship With Food

How Americans learn to cook, select recipes, plan their meals, purchase their food and share their culinary secrets with others has dramatically changed, according to a new study. Called “Clicks & Cravings: The Impact of Social Technology on Food Culture,” the study finds social/digital media is replacing Mom as the go-to culinary source of knowledge […]

Posted in, National

AFFI’s Frozen Food Convention Matches Attendance Record

The American Frozen Food Institute (AFFI) 2012 Frozen Food Convention in San Diego, Calif., has matched the convention’s all-time attendance record set two years ago. More than 1,400 members of the frozen food industry gathered at the Manchester Grand Hyatt earlier this week. AFFI-CON delegates gathered to attend educational sessions, network at social events and […]

Posted in, National

Procter & Gamble Cutting 5,700 Jobs

Procter & Gamble (P&G) will cut 5,700 jobs by the end of fiscal 2013 as part of a $10 billion effort to reduce costs. CEO Bob McDonald told analysts today, Feb. 24, at the Consumer Analyst Group of New York conference that the cuts will come from non-manufacturing positions, Cincinnati’s Business Courier reports. The reduction […]

Posted in, West

Almonds Certified With Signature ‘Heart-Check’ Mark

The American Heart Association (AHA) has certified almonds with its signature Heart-Check mark to signify that they are a heart-healthy food. This symbol is the most consumer-trusted nutrition icon appearing on packaged foods—in fact, one study found that more than half of shoppers use the mark as a deciding factor when choosing to purchase a […]

Posted in, Executive News, National

The Pantry Discloses CEO Hatchell’s Compensation Package

Dennis Hatchell, the newly-appointed chief executive of convenience store operator The Pantry Inc., has been offered a base salary of $750,000, plus stock options worth nearly $436,000 and a $46,100 sign-on bonus when he begins his work with the company on March 5, according to company filings with the U.S. Securities and Exchange Commission. Hatchell’s […]

Posted in, Marketing News, Midwest, Southeast

Chiquita Replaces CFO, Posts $16M Loss In 4Q

Chiquita Brands International Inc., which is moving its headquarters to Charlotte, N.C., from Cincinnati, Ohio, says Brian Kocher will replace Michael Sims as the company’s CFO. The Charlotte Business Journal reports that Sims is leaving Chiquita this month to become CFO of AdvancePierre, a Cincinnati-based producer of cooked protein and sandwich products. Chiquita is promoting […]