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 […]
Tag: economy
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, Marketing News, Southwest
ConAgra Foods Awards MarketVision Hispanic Marketing Contract
ConAgra Foods has awarded its Hispanic shopper marketing and consumer promotions contract to San Antonio, Texas, marketing agency MarketVision, the San Antonio Business Journal reports. MarketVision will be involved in all marketing efforts for Hispanic-focused ConAgra products from strategy to execution. ConAgra selected the firm following a competitive request for proposals. “ConAgra Foods understands the […]
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, Perishables
Chicken Prices Expected to Rise
A shortage of poultry will drive up chicken prices for consumers, according to the recently released USDA Agricultural Projections to 2021 report and featured in the February issue of Food Nutrition & Science. The USDA predicts a decline in this year’s poultry supply will drive up prices, however, the report suggests it’s temporary, and in […]
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, 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 […]
Posted in, Southeast
GFIA Unveils New Logo
The Georgia Food Industry Association (GFIA) turns 100 years old this year and, in honor of its century of service, has unveiled a new logo. Learn more about the GFIA at www.gfia.org.
Posted in, Center Store, National
Malt-O-Meal Co. Changes Corporate Name To MOM Brands
Malt-O-Meal® Co. has introduced its new MOM Brands™ corporate name and identity in a move to better showcase its growing house of brands to retailers and consumers, and to better reflect the company that it is today, according to a news release. With the introduction of the MOM Brands corporate name, the company will reinforce […]
Posted in, Market Profile, Midwest
2012 North Dakota Profile: Oil Boom Brings Unique Challenges
[gn_note color=”#FFCC00″]The 2012 North Dakota Profile originally ran in the February 2012 edition of The Shelby Report of the Midwest. The profile will be published on theshelbyreport.com one month after it has run in print.[/gn_note] by Terrie Ellerbee/associate editor The oil fields have created a bubbling melting pot in western North Dakota. Halliburton drops four […]
Posted in, Midwest, Southeast, Suppliers
Glory Foods, South’s Farmers Bring Collard Greens To Table
Newton, Ga., may seem out of the way to many, but local farmer Cornelius Key and other members of the burgeoning Flint River Cooperative are helping plant it on the map as the birthplace of Glory Foods’ collard greens. Key is one of several African American growers to join the cooperative this year through work […]
Posted in, Beverage News, Southwest, Suppliers
Anheuser-Busch Investing $70M In Metal Container Facility
St. Louis, Mo.-based Anheuser-Busch plans increase production capacity at its Metal Container Corporation (MCC) facility in Arnold, an investment estimated between $70 and $80 million, to increase production and create at least 20 new jobs at the facility. The Arnold facility produces aluminum cans for Anheuser-Busch and soft drink makers. This expansion, planned for completion […]
Posted in, Marketing News, West
P&G Pledges Support to Women Athletes at Sports Conference
On the occasion of the fifth annual Women in Sports Conference, Procter & Gamble (P&G) demonstrated its commitment to women athletes by announcing its strong support of female competitors, who will make up one half of the company’s sponsored athletes in the upcoming London 2012 Olympic Games. In 2010, P&G and the International Olympic Committee […]
Posted in, Equipment & Technology, National
Buxton Names Woods Chief Customer Officer
Former Dr Pepper executive Curt Woods joined Buxton in early 2012 as chief customer officer, initially leading “all customer-facing teams” for the Fort Worth, Texas-based company that provides customer analytics for the retail industry. Woods was formerly SVP of Dr Pepper Snapple, with responsibility for more than $4.7 billion in sales for brands such as […]