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 […]
Tag: financial
Posted in, National
N.G.A. Reacts To Settlement In Re Payment Card And Merchant Discount Antitrust Litigation
Peter Larkin, president and CEO of the National Grocers Association (N.G.A.), has released the following statement as an initial reaction to the announced settlement In Re Payment Card and Merchant Discount Antitrust Litigation: “N.G.A. has been engaged in this litigation as a plaintiff for over seven years. We took this action on behalf of independent […]
Posted in, Northeast
Shoppers Workers Ratify New Contract
Members of United Food & Commercial Workers (UFCW) Local 400 working at Shoppers Food & Pharmacy have ratified a new, two-year collective bargaining agreement that raises their living standards, protects their health and retirement security, and is comparable to the contract recently ratified by Giant and Safeway workers. UFCW reports that the negotiations were lengthy, […]
Posted in, National, Southwest
Natural Grocers By Vitamin Cottage Prices IPO
Natural Grocers by Vitamin Cottage Inc. has priced its initial public offering at $13 to $15 a share, the Lakewood, Colo., company disclosed to the Securities and Exchange Commission on Thursday, the Denver Business Journal reports. The family-owned retailer filed its registration statement for an IPO last month. At that time, Natural Grocers by Vitamin […]
Posted in, Corporate Store News, Midwest
Supervalu CEO: Bankruptcy Not A Consideration In Company’s ‘Strategic Alternatives’
by Kristen Cloud/staff writer Supervalu on Wednesday announced a number of initiatives to make the company, as CEO and President Craig Herkert said, “more competitive and unlock value for our shareholders.” In addition for plans to aggressively lower prices in response to competitors’ actions and cut a quarter of a billion dollars in administrative and […]
Posted in, Equipment & Technology, National
Clif Bar Campaign Pledges $100K To Protect Places We Play
Clif® Bar’s Meet the Moment program invites outdoor enthusiasts to inspire and be inspired, empowering them to protect the places we play by sharing their photos and stories of outdoor adventure at www.MeettheMoment.com. Through user interaction with the site, Clif Bar will donate up to $100,000 to five nonprofits dedicated to preserving the outdoors. Each […]
Posted in, BJ's Wholesale Club, Marketing News, National
Study: Four Grocers Prove That Actors, Theatre Drive Retail Growth
A consumer study of America’s leading brands has shown that the retailers driving economic and sector growth are doing so by creating a sense of theatre around their in-store experiences. Half of the top 100 companies overall are retailers. Within the Top 10—Wegmans, fourth; Publix, fifth; Trader Joe’s, sixth; and H-E-B, 10th—were set apart by […]
Posted in, National, Perishables
Beef Checkoff Seeks Entries For National Awards
The Beef Checkoff Program is calling for entries for its annual National Retail Beef Backer Awards, a prestigious national awards program that honors retailers that go above and beyond to market and merchandise beef to their customers. Through Oct. 1, retailers can enter to win in one of four categories: • Independent Retailer (fewer than […]
Posted in, Marketing News, National
Study: Change Of Generational Guard Means Trouble For Established Brands, Traditional Stores
Jefferies, the global investment bank, and AlixPartners, the global business advisory firm, have announced the findings of their new joint study, “Trouble in Aisle 5,” which finds that the traditional food-at-home vertical, which is already facing trouble, is likely to see its challenges accelerate over the next few years. The study, which included a survey […]
Posted in, National
Scholarship Program Provides Family Businesses Insight Into Produce Advocacy
The United Fresh Foundation is now accepting applications for the 2012 Frieda Rapoport Caplan Family Business Scholarship Program. The program awards up to four scholarships for employees of family-owned businesses to attend United Fresh Produce Association’s Washington Public Policy Conference (WPPC) in October. Scholarship recipients will receive complimentary airfare, hotel and registration to attend the […]
Posted in, Equipment & Technology, Southeast, Southwest
GE Lighting Solutions Saves Texas Retailer $235K
Lufkin, Texas-based Brookshire Brothers, with 72 retail supermarkets in Texas and Louisiana, recently launched a facility-wide lighting update including in-store, parking lot, exterior signage and refrigerated case fixtures. Using a myriad of new linear fluorescent lighting (LFL) and LED technologies from GE Lighting, Brookshire Brothers will, once all of its stores have been completed, reduce […]
Posted in, Marketing News, Southwest
Associated Food Stores Surpasses $2B in Sales
During Associated Food Stores’ annual meeting, the company reported to its members an increase in sales and profits during the 2012 fiscal year. Associated Food Stores increased total sales by $88.8 million, or 4.6 percent, surpassing the $2 billion mark. Members of the cooperative also were able to enjoy an increase in patronage dividends of […]
Posted in, Center Store, West
Unified CEO: It’s Probably Time To ‘Redefine’ Center Store
by Kristen Cloud/staff writer While perimeter store sales have seen a substantial uptick in recent years, perhaps taking away from purchases consumers would normally make in the center store, Al Plamann says the center store category shouldn’t be dismissed as a disappearing one. Rather, he notes, the definition of center store simply needs updating. Plamann, […]
Posted in, Southwest, West
Natural Grocers By Vitamin Cottage Files For IPO
Natural Grocers by Vitamin Cottage Inc. on Monday filed to raise as much as $115 million through an initial public offering, the Denver Business Journal reports. The Lakewood, Colo.-based company’s prospectus filed with the Securities and Exchange Commission said it envisions trading on the New York Stock Exchange under the symbol “NGVC.” The family-owned company, […]
Posted in, Marketing News, National, Northeast
Frito-Lay Sales Associates Honored As PepsiCo’s Top Sales Performers Worldwide
PepsiCo’s Frito-Lay North America division congratulates its 42 U.S.- and Canadian-based sales associates who were recently honored as PepsiCo’s top sales performer in a ceremony held earlier this month at PepsiCo global headquarters in Purchase, N.Y. The honorees are among 226 sales people in 2012 inducted into the company’s “President’s Ring of Honor,” which was […]
Posted in, Corporate Store News, Northeast
Giant Food Hiring 900 Part-Timers With Acquisition of Genuardi’s Stores
Giant Food Stores said it will hire 900 part-time employees as part of its acquisition of 15 Genuardi’s stores. The Philadelphia Business Journal reports that Giant made the announcement Friday after receiving Federal Trade Commission approval to buy the Genuardi’s Family Markets from Safeway Inc. The stores are in the Philadelphia area. Giant, of Carlisle, […]
Posted in, Beverage News, Marketing News, Southeast
Pepsi Bottling Seeks Incentives For Winston-Salem Expansion
Pepsi Bottling Ventures is seeking up to $1 million in incentives from the city of Winston-Salem, N.C., to help expand its sales and distribution operations, the Winston-Salem Journal reports. Local officials told the newspaper that if Winston-Salem is selected for the expansion, the company plans to invest close to $80 million in a move that […]
Posted in, West
James Beard Market Deal Approved for Portland
The James Beard Public Market in Portland, Ore., is just weeks away from closing an agreement to secure a site at the Morrison Bridge, the Portland Business Journal reports. The Multnomah County Commission voted 4-0 last week to approve the $10.4 million sale of a three-acre parking lot on the west side of the Morrison […]
Posted in, Marketing News, National, Southeast
Fresh Market Founder, Family and Execs to Sell 10M Shares
The Fresh Market Inc. founder Ray Berry and six other existing stockholders are selling off about 10 million shares of common stock, reducing their ownership stakes, The Business Journal reports. According to a Securities and Exchange Commission filing from the Greensboro-based specialty grocer, the selling stockholders include Berry; his son Brett Berry, the former CEO […]
Posted in, National
Roundy’s Mariano, Karst to Present at Jefferies Conference
Milwaukee, Wis.-based Roundy’s Inc. will have two executives on hand for the Jefferies Global Consumer Conference later this month. Roundy’s CEO Robert Mariano and CFO Darren Karst will present at 1 p.m. at the conference in Nantucket, Mass. The audio portion and slides of the presentation will be broadcast live over the internet hosted at […]