@WalmartLabs, a division of Walmart Stores, has acquired the Small Society team. “We will continue to build great mobile apps, but now we will focus all of our attention on a single company—the largest one in the world,” said Raven Zachary, president of Small Society. Walmart has made a number of targeted acquisitions in the […]
Tag: business
N.G.A. Issues Statement on Recess Appointments to NLRB
President Obama announced earlier this week the recess appointments of Richard Griffin, Sharon Block and Terence Flynn to the National Labor Relations Board (NLRB). Peter Larkin, president and CEO of the National Grocers Association, issued the following statement in response to the appointments: “N.G.A. is very concerned that the president’s recess appointments will result in […]
Beanitos Gets Investment Boost
Beanitos brand bean chips has announced a substantial investment by 2x Consumer Products Growth Partners, and managing partners Sharon Kieffer and Andy Whitman joined the company’s board of directors. In addition, Sweet Leaf Tea founder and former CEO Clayton Christopher has invested in Beanitos Inc. and joined the board. Terms of the investments were not […]
Shopko Stores, Pamida Merge
Two of the nation’s leading Midwest-based general merchandise retail chains, Shopko stores and Pamida, will merge to create one of the largest U.S. retailers focused on serving smaller and rural communities, according to a news release. The combined entity will have nearly 350 locations in 22 states and plans for new store growth in the […]
Piggly Wiggly Fined for Child Labor Violations
More than a dozen Piggly Wiggly stores in Alabama and Mississippi are facing fines for what the U.S. Department of Labor’s Wage and Hour Division calls “significant violations of the Fair Labor Standards Act’s child labor and wage provision.” The following is a news release from the division: The U.S. Department of Labor’s Wage and […]
Pepsi Reported to be Considering 4,000 Job Cuts
PepsiCo is mulling 4,000 job cuts and eliminating its 401(k) match as a way to help earnings, reports the New York Post, citing sources close to the situation. The Memphis Business Journal says the job cuts would total just more than 1 percent of Purchase, N.Y.-based Pepsi’s 300,000 workers globally. The beverage company offers both […]
Walmart to Open Third Albuquerque Neighborhood Market
Walmart has signed a long-term lease to place one of its Neighborhood Markets in the site once occupied by a Wild Oats store in the Foothills Shopping Center at Juan Tabo and Menaul NE in Albuquerque, reports New Mexico Business Weekly The 34,000-s.f. anchor site in the Northeast Heights’ center will be the nation’s largest […]
Revionics Signs Grocer for Price Optimization Software
Roseville, Calif.’s Revionics Inc. has signed K-VA-T Food Stores to use its price optimization software, reports the Sacramento Business Journal. K-VA-T Food Stores is based Abingdon, Va. It operates 104 grocery stores, with 76 pharmacies and 71 gas stations under the Food City, Super Dollar, and Gas ‘N Go brands in Kentucky, Virginia and Tennessee. […]
Rutherford Promoted at KCBS
KCBS Sales and Marketing has promoted John Rutherford to president, effective Jan. 1 “Over the two-and-a-half-year period that John has been with the company, he has made significant contributions to the growth of our organization,” said CEO Lynn Sarsgard. “I am sure that, in his new role as president, John will take us to new […]
Stater Bros. Awarded by State for ‘Green Business Practices’
For the second year in a row, Stater Bros. has received a Waste Reduction Award for its environmentally friendly programs from California Department of Resources Recycling and Recovery (CalRecycle) Waste Reduction Awards Program (WRAP). In total, Stater Bros. eliminated 125,780,911 lbs. of waste from landfills in 2011. The company’s significant green programs include: • Recycling […]
Deadline Looms in Lawsuit Against Diamond Foods
Hagens Berman, a Seattle-based investor-rights class-action law firm, reminded investors Tuesday, Jan. 3, that only a couple of days remain before the Jan. 6 lead plaintiff deadline in a securities class action filed against Diamond Foods. Investors who purchased shares between Dec. 9, 2010, and Nov. 4, 2011 (the “class period”), with losses exceeding $500,000 […]
Sugar Maker Banah Signs One of 2011’s Biggest Leases
Banah International, a sugar producer that plans to hire nearly 300 employees during the next three years, has leased more than 300,000 s.f. of space in Hialeah, Fla., owned by Terreno Realty Corp., reports the South Florida Business Journal. The 11-year deal, valued at between $15 and $20 million, for the facility at 3325 N.W. […]
Dollar General to Open 625 New Stores in 2012
Goodlettsville, Tenn.-based Dollar General Corp. plans to open 625 new stores and create more than 6,000 new jobs in 2012, reports the Nashville Business Journal. The new stores will open in the 38 states where the retailer operates, plus California and Massachusetts. The chain currently operates 9,800 stores. As of 1:10 p.m. Tuesday, Jan. 3, […]
Frieda’s Offers Chinese New Year Promotion Tips
Since 1973, Los Alamitos, Calif.-based Frieda’s has worked with produce retailers to promote Asian produce specialties for Chinese New Year. A longtime leader in the specialty Asian produce category, Frieda’s presents its recommendations for a “Year of the Dragon” display. Asian cultures around the world will be celebrating the 15-day long tradition, and the entrance […]
AWG Sells HAC Stores to Employees
The management and employees of Homeland Acquisition Corp. (HAC), consisting of Homeland, United of Oklahoma, Country Mart stores in Oklahoma and Super Save stores in north central Texas, has completed an employee buyout transaction allowing employees to purchase the company, which operates 76 retail grocery stores, from Associated Wholesale Grocers (AWG), a retail-owned cooperative. The […]
Lauer Retires from Topco
Steven K. Lauer has retired from his positions as president and CEO of Topco Associates LLC in Skokie, Ill. Lauer, who retired Dec. 23, has been with the cooperative for 19 years. He joined Topco in 1993 as CFO and was promoted to president and CEO in 1999. Under Lauer’s leadership, Topco’s membership has grown […]
Group Critical of Walgreens Plans to Abandon Express Scripts
In a letter to Walgreen’s CEO Gregory Wasson, the National Hispanic Christian Leadership Conference (NHCLC) made its stance known by joining a growing number of civil rights groups that have weighed in against Walgreens stated plan to discontinue its partnership with Express Scripts. “If your course is not reversed, if you do not choose to […]
CGA Sues California Alcoholic Beverage Control
The California Grocers Association filed a petition for writ of mandate on Wednesday, Dec. 28, to stay a California Alcoholic Beverage Control (ABC) industry advisory that attempts to provide guidance in complying with a new state law to regulate alcoholic beverage sales at assisted self-checkout terminals. CGA claims the advisory is inconsistent with the statute, […]
Heineken Appoints Tank SVP of Corporate Relations
New York-based Heineken USA, America’s leading upscale beer importer, has appointed Stacey M. Tank as SVP of corporate relations. She will begin her role on Jan. 3. Tank joins Heineken USA from General Electric, where she most recently led corporate relations for “Healthymagination”—GE’s $6 billion commitment to bringing better health to more people. Additionally she […]
Cal-Maine Foods Names Holladay VP and General Counsel
Jackson, Miss.-based Cal-Maine Foods Inc. has appointed Robert L. Holladay Jr. VP and general counsel. Prior to joining Cal-Maine, Holladay most recently advised the company as an outside attorney with YoungWilliams P.A. in Jackson, Miss., where he concentrated his practice in corporate, securities and general business law. He has experience advising companies of all sizes […]
