Tag: investing
Posted in, Marketing News, West
Former Defense Secretary Gates Opens N.G.A. Show
The National Grocers Association (N.G.A.) 2012 Show kicked off in Las Vegas on Feb. 12 with and opening session attended by more than 1,400 independent grocers, wholesalers and industry partners. The opening event featured an inspirational speech by former U.S. Defense Secretary Robert Gates. Secretary Gates shared his thoughts on the state of world affairs […]
Posted in, Southeast
Trader Joe’s, CIW Sign Fair Food Agreement
Trader Joe’s and the Coalition of Immokalee Workers (CIW) signed an agreement on Feb. 9 that formalizes the ways in which Trader Joe’s will work with the CIW and Florida tomato growers to support the CIW’s Fair Food Program. According to the coalition and Trader Joe’s, the Fair Food Program is a “groundbreaking approach to […]
Posted in, Southwest
Texas Supermarket, Red Mango Partner on In-Store Yogurt Shop
United Supermarkets and Red Mango are embarking on a test of a store-in-store concept offering healthy frozen treats to United shoppers. United is slated to open its first Red Mango counter later this month at its Judge Ely Boulevard location in Abilene. Construction begins inside the store today, Feb. 13. This is the first Red […]
Posted in, Northeast
Safeway Selling Three Genuardi’s Stores to Weis Markets
Pleasanton, Calif.-based Safeway Inc. has reached a definitive agreement to sell three of its Genuardi’s stores in Pennsylvania to Weis Markets Inc. Safeway will continue to operate these stores until the transaction closes, and the company is working through an orderly transition for the stores, according to a news release. The transaction is subject to […]
Posted in, Southeast
Box Tops for Education Lets Harvey Be Principal For A Day
Laughter literally filled the hallways of one Birmingham school, as it received a special visit from comedian, author and syndicated radio personality, Steve Harvey. Box Tops for Education enlisted the help of the Steve Harvey Morning Show to award one school 100,000 Box Tops in the national Principal-for-a-Day contest. Phillips Academy’s principal, Mark Sullivan, relinquished […]
Posted in, West
Fresh & Easy Opening Five Sacramento Stores in March
Fresh & Easy Neighborhood Market plans March openings for its first five locations in the Sacramento, Calif., region. The U.K-owned grocery chain, which opened its first stores in Southern California, Nevada and Arizona in 2007, announced expansion into Northern California last year. The first stores set to open March 7 will be at Mack and […]
Posted in, West
NorCal Grocery Workers Want to Block Walmart’s Neighborhood Markets
Unionized grocery workers in Northern California have come out against the introduction of Walmart neighborhood markets into the region. Walmart Stores, based in Bentonville, Ark., has said that it intends to build up to 30 Neighborhood Markets—stores averaging 30,000 to 40,000 s.f. that will compete directly with unionized companies like Safeway and Lucky. This is […]
Posted in, West
Eggert Retires from New Seasons Market
Co-founder and board member Chuck Eggert has retired from New Seasons Market, the 12-store grocery company based in Portland, Ore. He has sold his shares back to the company, but Eggert is not completely severing his ties with the grocery company he helped create more than a dozen years ago. He will remain as a […]
Posted in, West
San Francisco Bans All Plastic Disposable Bags
The Wall Street Journal reports that the San Francisco Board of Supervisors voted Tuesday to make it illegal for any shop in the city to offer disposable plastic bags to customers. The law expands a 2007 bag ban that applied to large grocery stores and pharmacies, and also mandates stores charge customers 10 cents apiece […]
Posted in, Beverage News, Marketing News, National
Coca-Cola Profit Down 27 Percent On Charges
The Atlanta-based beverage giant, Coco-Cola, reported that its profit for 2011 was hurt by restructuring charges and other charges. It also reported a program to save $550 to $650 million by the end of 2015 and reinvest that savings into systemwide brand building initiatives and to mitigate potential incremental near-term commodity costs as necessary, the […]
Posted in, Southeast
Southern Family Markets To Come Under New Ownership
A new company has been formed to purchase all 57 Southern Family Markets (SFM) stores. Belle Foods LLC was formed in Birmingham, Ala., by William “Bill” White, a longtime industry veteran who has worked in both the Bruno’s and Piggly Wiggly organizations. According to the Feb. 7 announcement, Belle Foods is buying stores in Alabama, […]
Posted in, Southeast
Chiquita Offers Incentives for Execs to Move to Charlotte
Chiquita Brands International Inc. is offering incentives to entice its executives to move to Charlotte, N.C., reports The Charlotte Business Journal. In a securities filing Tuesday, the company spelled out the relocation benefits it will offer key employees who choose to transfer. Those benefits include payment for the costs of searching for a new residence […]
Posted in, Equipment & Technology, National
EPA Recognizes Ahold USA for Leading Green Power Purchasers
Ahold USA appears for the first time on the U.S. Environmental Protection Agency’s (EPA) list of the largest green power purchases. The company ranks No. 7 on the EPA’s Top 20 Retail list and No. 30 on the National Top 50 list. Ahold USA is purchasing more than 149 million kilowatt-hours (kWh) of green power […]
Posted in, Beverage News, National
Mary J Blige Joins Belvedere Vodka, (RED) To Help Save Lives
Award-winning, multi-platinum singer Mary J Blige will be performing at a private pre-Grammy event on Thursday, Feb. 9, to celebrate the partnership of Belvedere, the world’s first super premium vodka, and (RED). The exclusive performance will be followed by a private party at Bardot, Los Angeles, to help raise awareness around HIV/AIDS and emphasize the […]
Posted in, Equipment & Technology, National
Mobeam Raises $6.4M For Mobile Coupons
Mobeam Inc., a San Francisco technology platform for delivering coupons to mobile phones, has beamed a $6.4 million Series A round of venture capital on board from investors, reports the San Francisco Business Times. The company, founded in April 2010, has added new investor DFJ Athena, a Korea-focused venture fund affiliated with Draper Fisher Jurvetson, […]
Posted in, West
Ocean Mist Farms Receives Economic Vitality Award
Castroville, Calif.-based Ocean Mist Farms has been honored by the Monterey County Business Council for its contribution to agriculture in Monterey County. Ocean Mist Farms was one of six organizations selected to receive the Economic Vitality Award at the council’s annual awards ceremony last week in Monterey. The Monterey County Business Council is an alliance […]
Posted in, Southeast
Carney To Assume CFO Job Following BI-LO, Winn-Dixie Merger
Brian Carney, current EVP and CFO of BI-LO, will soon be taking on a bigger role—pending the merger of the South Carolina-based grocery with Winn-Dixie. Carney will assume the CFO position of the combined companies. Winn-Dixie CFO Bennett Nussbaum is leaving the position to become integration lead following the completion of the merger. Before joining […]
Posted in, National
Food Groups Urge Administration to Reject New Food Taxes
The American Frozen Food Institute (AFFI) and a coalition of more than 30 food groups urged senior administration leaders to develop a fiscal year 2013 budget request that fully funds U.S. Food and Drug Administration (FDA) food safety programs without saddling consumers and food makers with burdensome new taxes or fees. “Food safety is the […]
Posted in, Midwest
Roundy’s to Price IPO at $10 to $12 Per Share
The parent company of Pick ‘n Save and other supermarket chains hopes to sell its stock to the public at $10 to $12 per share, according to documents filed last week with the U.S. Securities and Exchange Commission, the Journal Sentinel reports. The privately held Roundy’s Parent Co., which also operates the Copps and Rainbow […]