General Mills Inc. said Thursday it is buying privately-held Brazilian packaged-food maker Yoki Alimentos for $958 million, reports the Minneapolis/St. Paul Business Journal. The price includes the assumption of $98 million in debt, Golden Valley, Minn.-based General Mills said in a filing with the U.S. Securities and Exchange Commission. The company said it expects the […]
Tag: expansion
Posted in, Beverage News, Marketing News, Southeast
Coke Among Most Valuable Brands
Atlanta remains home to three of the world’s most valuable brands, including Coke—and those brands’ values are still growing. According to a study by annual BrandZ study by market researcher Millward Brown, The Coca-Cola Co., UPS and The Home Depot are among the 100 most valuable brands on earth. The Atlanta Business Journal reports that […]
Posted in, Northeast
Kings Debuting Enhanced Livingston, N.J., Store On Wednesday
Kings Food Markets will host the grand reopening of its Livingston, N.J., store at noon Wednesday, May 23. The Livingston location is the second of the upscale chain’s 24 stores to undergo renovations as part of a company-wide brand and website relaunch. The initiative kicked off in February in an effort to meet the ever-changing […]
Posted in, Northeast, Suppliers
Wegmans Completes Distribution Hub In Pottsville, Pa.
The opening of the third building at Wegmans Food Markets’ Retail Service Center in Pottsville, Pa., completes a distribution hub that helps the company bring a full range of products to stores, fresher and more quickly than ever before. It also reduces transportation costs, so the company can continue offering customers consistent low prices. Wegmans’ […]
Posted in, Beverage News, Marketing News, National, Suppliers
U.S. Bottled Water Consumption Increases 4.1 Percent
The International Bottled Water Association (IBWA), in conjunction with Beverage Marketing Corporation (BMC), has released 2011 bottled water statistics, compiled by BMC, a research, consulting and financial services firm dedicated to the global beverage industry. The new BMC data shows the overall consumption of bottled water has increased by 4.1 percent, building on 2010’s solid […]
Posted in, New Products, West
Fresh & Easy Introduces New ‘Ready To Cook’ Product Line
Fresh & Easy Neighborhood Market has launched a new range of more than 50 pre-seasoned, ready-to-cook items in stores just in time for the summer grilling season. The “Ready to Cook” line includes beef, pork, chicken, fish and vegetable options all pre-marinated or pre-seasoned and ready to go straight in the skillet, microwave or on […]
Posted in, C-Store News, Midwest
7-Eleven In Negotiations To Buy Open Pantry Stores In Wisconsin
7-Eleven Inc., the convenience store chain that serves up Slurpees and the super-sized Big Gulp sodas, is working to acquire most of the Open Pantry chain. Milwaukee’s Journal Sentinel reports that the purchase would again give 7-Eleven a foothold in Wisconsin. The Dallas-based chain has 6,800 stores across the United States, but none in Wisconsin. […]
Posted in, Equipment & Technology, West
New Loyalty Program Begins At C&K Market
C&K Market Inc., operating 62 stores in Oregon and California under the banners Ray’s Food Place, Shop Smart, and C&K Market, has signed with Accelitec Inc., to launch a Customer Relationship Management platform. The launch of this new platform is an exciting step forward for the family owned and privately held Brookings,Ore.-based company, according to […]
Posted in, Northeast
Atlantic City Finally Gets Full-Service Grocery Store As Save-A-Lot Opens
Save-A-Lot, one of the nation’s leading hard discount, limited assortment grocery chains and a wholly owned subsidiary of Supervalu, will open its first Atlantic City, N..J., store today, May 17—becoming the first full-service grocery store within a 21-mile radius of the city. A grand opening ceremony for the store, located at 1501 Atlantic Ave., was […]
Posted in, New Products, Southeast
King & Prince Seafood Introduces Fish Market Fresh Line
King & Prince Seafood has rolled out Fish Market Fresh™, its new line of flavor-infused fish fillets. The six-item line features two sustainable fish species, tilapia and steelhead trout, infused with five different flavors including Creamy Butter Herb, Fiery French Quarter, Korean Barbeque, Cracked Pepper & Lemon and Sweet Hawaiian Teriyaki. Developed with institutional customers […]
Posted in, Midwest
Nash Finch Buying Omaha’s No Frills Supermarkets
Nash Finch Co., Minneapolis-based food distributor, announced today that U Save Foods Inc., a Nash Finch wholly owned subsidiary, has entered into an agreement to purchase the No Frills Supermarkets. Fourteen stores are located in Nebraska, 12 of which are in the Greater Omaha market; four stores are located in western Iowa. No Frills is […]
Posted in, National, New Products
Oscar Mayer First To Offer Complete Line Of Meats With No Artificial Components
Oscar Mayer has a new line of meats called Selects that has no artificial preservatives, flavors or colors. Oscar Mayer is the first brand to offer this choice across a complete line of meat products that includes hot dogs, bacon and cold cuts. In 2012, 50 percent of new Oscar Mayer products will have no […]
Posted in, Beverage News, National
Nutrisystem Expands Into Retail With New Product Line At Kroger
Nutrisystem Inc., a leading provider of weight management products and services, has announced the May introduction of the Nutrisystem® Everyday(TM) product line at Kroger, the nation’s largest traditional grocery retailer. Nutrisystem Everyday products provide real balanced nutrition and are available in bars, smoothies, bakery and breakfast items. Each product is nutritionally balanced delivering low fat […]
Posted in, Southeast
Publix Saves Two Billion Paper and Plastic Bags
Since 2007, Publix Super Markets has led initiatives to reduce the use of paper and plastic grocery bags used at checkout. The Lakeland, Fla.-based company has emphasized the importance of sustainability by training front service clerks and cashiers to increase the number of items per bag, implementing bag reduction goals for each store, holding communication […]
Posted in, Marketing News, National
Athenos Unveils New Phase Of Popular Yiayia Ad Campaign
Athenos, a leading line of authentic Greek-style foods including feta cheese, hummus and pita chips, is unveiling a new phase of its popular advertising campaign featuring Yiayia, the brand’s opinionated yet relatable Greek grandmother persona. After the success of last year’s campaign, which saw a double-digit increase in sales while on air, Yiayia returns in […]
Posted in, Southeast
Delhaize America, Food Lion Re-open Dunn, N.C., Distribution Center
Salisbury, N.C.-based Delhaize America and Food Lion have re-opened their distribution center in Dunn, N.C. The facility was severely damaged on April 16, 2011, by a tornado, and the company recently completed construction and expansion activities at the center. “The re-opening of this facility is extremely important to our company’s distribution and transportation network, and […]
Posted in, National, Southeast
Dollar General Expanding Grocery ‘Market’ Format
Goodlettsville, Tenn.-based Dollar General is hoping to grasp a larger share of the grocery business. A Wall Street Journal story describes the retailer’s experiment to expand its Dollar General Market store concept, which offers fresh food and refrigerated products. The company plans to open 40 Market stores within the next year. A typical Dollar General […]
Posted in, National
Whole Foods Greens-Up Cleaning Aisle
Just one year after launching its Eco-Scale rating system, more than 90 percent of the household cleaning products sales at Whole Foods Market pass its green cleaning test. With its exclusive tiered rating system, Austin, Texas-based Whole Foods requires something the U.S. government doesn’t—full disclosure of ingredients on all household cleaning product labels. According to […]
Posted in, National, New Products
HumanKind Water Wins Walmart’s ‘Get On The Shelf’ Contest
Walmart has announced the final winners of its Get on the Shelf contest, HumanKind Water, PlateTopper and SnapIt Eyeglass Repair Kit. More than 4,000 inventors, entrepreneurs and small businesses from across the country entered the contest with video submissions for products ranging from household wares and children’s toys to organic food and green items. More […]
Posted in, Marketing News, National
FMI Forms Partnership With TopSource To Provide Procurement Solutions
From FMI Show 2012 The Food Marketing Institute (FMI) has formed a strategic business partnership with TopSource LLC, a sourcing company and wholly owned subsidiary of Topco Associates LLC. FMI and TopSource will work together on program initiatives to help food retailers and wholesalers identify business opportunities and better serve the needs of their customers. […]