financial Archives - Page 15 of 20
Posted in, West

Scolari’s Closing California Stores

After more than 60 years on California’s Central Coast, Scolari’s will be exiting the market and closing its four supermarkets in Santa Barbara, Pismo Beach, San Luis Obispo and Paso Robles. “This was a gut-wrenching decision,” said Joey Scolari, co-owner along with his brother Jerry. “The economic downturn hit us hard as far back as […]

Posted in, Equipment & Technology, Marketing News, National

How Are Grocery Shoppers Advancing Their Use Of Digital Media?

“Connecting with Modern Grocery Shoppers,” a new report developed by Brick Meets Click in partnership with Grocery Shopping Network (GSN), will be released April 19. GSN took the lead in assembling the 23,000 shoppers who participated in the survey, and provided support and guidance throughout the project. Brick Meets Click developed and executed the survey, […]

Posted in, Equipment & Technology, Marketing News, National

Discount Hunters Reshaping The Grocery Shopping Experience

A new study by MarketTools Inc., a leader in software and services for market research and customer feedback, reveals that shoppers are more cost-conscious than they were a year ago, and their search for value is changing the way they approach the shopping experience. According to the study, 63 percent of shoppers have changed their […]

Posted in, Midwest, National

Kroger Completes Big Debt Deal

The Kroger Co. struggled to sell $850 million in a two-part debt deal Tuesday, Dow Jones Newswires reports. Cincinnati, Ohio-based Kroger sold $500 million of 10-year bonds and $350 million of 30-year bonds. The company had aimed to sell between $800 million and $1 billion, hoping for a yield of 5 percent on the 30-year […]

Posted in, Albertsons, Southeast

Albertsons Pulling Out Of Florida; Keeping Pinellas Stores

Albertsons is mostly pulling out of Florida, closing all but four stores and shuttering a distribution center in Plant City, the Tampa Bay Business Journal reports. Three stores in Sarasota and Manatee counties will close. Stores in Clearwater and Largo will remain open. Albertsons, based in Boise, Idaho, has struggled to remain profitable during the […]

Posted in, National

Kimberly-Clark Senior Exec Jan Spencer Announces Retirement

Kimberly-Clark has announced that Jan Spencer, SVP of continuous improvement, sourcing and sustainability, will retire after a 34-year career with Kimberly-Clark. Spencer’s retirement will become effective July 1. Spencer leaves Kimberly-Clark following a distinguished career that saw him serve in a number of senior leadership positions. Most recently, Spencer spearheaded Kimberly-Clark’s continuous improvement efforts, which […]

Posted in, National

General Mills Releases 2012 Global Responsibility Report

General Mills has released its 2012 Global Responsibility Report, detailing the company’s progress in the areas of health, communities and environment. The 2012 report can be viewed or downloaded at GeneralMills.com. “Our approach to global responsibility is straightforward,” said Ken Powell, chairman and CEO of General Mills. “It’s all about living our values. When a […]

Posted in, Marketing News, National, Southwest

FMI’s Upcoming Private Brands Summit
: Think Like A Customer

The Food Marketing Institute (FMI) will feature the 2012 Private Brands Summit, taking place alongside “FMI2012: The Food Retail Show” in Dallas, Texas, in May. The Summit will provide greater communication and collaboration amongst trading partners in order to promote the growth of private brands.

 “This year’s Private Brands Summit goes beyond creating ‘me too’ […]

Posted in, West

Los Angeles Votes ‘Yes’ To Bag Ban

The Los Angeles City Council moved forward Wednesday with a plan to end the use of paper and plastic bags at supermarket checkout lines over the course of a year, the Los Angeles Times reports. The ordinance will force shoppers to bring more environmental bags with them to shop. The council still needs to draft […]

Posted in, National

Dream Water Expands In U.S. Through Target, Kroger And Safeway

Dream Products has announced new alliances with major retail chains Target, Kroger and Safeway. These partnerships will expand distribution to thousands of new stores where consumers can find Dream Water, the natural, zero-calorie, 2.5-oz. rest and relaxation shot. Dream Water continues its growth as consumers’ positive experiences with the brand and strong word of mouth […]

Posted in, Beverage News, Southeast

Cheerwine Coming To Virginia, Thanks To Deal With Pepsi

A distribution deal with Pepsi will bring Cheerwine to more locations in Virginia, The Charlotte Business Journal reports. Cheerwine will be available in vending machines and at soda foundations in Virginia starting May 7, thanks to the Salisbury, N.C.-based soft drink maker’s distribution deal with Pepsi. The latest expansion in distribution marks another step toward […]

Posted in, West

Schiff Nutrition Acquires Airborne Inc.

Salt Lake City, Utah-based Schiff Nutrition International Inc. has acquired Airborne Inc., a leading provider of immune support products for $150 million in cash, subject to certain adjustments. “Schiff is focused on building premium brands and leading innovation,” said Tarang Amin, president and CEO. “We are excited about the Airborne acquisition, which fits well with […]

Posted in, Northeast

Workers Reach Tentative Agreement With Giant, Safeway

Giant and Safeway workers in the Washington, D.C., and Baltimore metropolitan areas represented by United Food & Commercial Workers (UFCW) Locals 400 and 27 have reached a tentative agreement on a new contract with their employers, the parties announced March 29. Giant Food of Landover, Md., says the tentative agreement covers approximately 17,000 of its […]