Virginia-based Smithfield has completed its 100th donation on its Helping Hungry Homes® tour—totaling more than 14 million servings of protein donated to local food banks across the country. “We’ve traveled from Miami, Florida, to Anchorage, Alaska, bringing hard-to-source protein to wonderful food assistance organizations and have just made our 100th tour donation,” said Dennis Pittman, […]
Tag: investing
Posted in, Southeast
Fruits, Vegetables Star in USDA’s New School Meal Standards
The United Fresh Produce Association is applauding the release of new nutrition standards for school meals. First Lady Michelle Obama and Secretary of Agriculture Tom Vilsack celebrated the new school nutrition standards earlier this week at Parklawn Elementary School in Alexandria, Va. The new standards will double the amount of fruits and vegetables served to […]
Posted in, Midwest
Ohio’s Constantino’s Market Highlights Success of SBA Loans
Constantino’s Market in Cleveland, Ohio, has used three loans from the U.S. Small Business Administration (SBA) to expand its successful business and create 31 jobs, with the expectation of creating up to 50 more when its new store opens later this year near University Circle. U.S. Sen. Sherrod Brown (D-OH) and U.S. Small Business Administrator […]
Posted in, Midwest
Capitol Day Brings Grocers to Madison, Wisc.
Brandon Scholz, president of the Wisconsin Grocers Association (WGA), spoke to The Shelby Report on Jan. 25 in Madison at the group’s annual “Grocers in the Capitol Day.” “It’s just so important to have our members come to the state’s capitol, whether it’s here in Wisconsin or any other state, to be a part of […]
Posted in, Northeast
Campbell Soup Foundation Honors Community Heroes in Its Hometown
The Campbell Soup Foundation, the philanthropic arm of the Campbell Soup Co., recognized two Camden community leaders at a breakfast held at the company’s world headquarters in January. The Campbell Soup Foundation Community Awards pay tribute to individuals who have made significant contributions to improving the lives of Camden, N.J., residents. More than 115 local […]
Posted in, National, West
Safeway Employees Contribute One Million Volunteer Hours in 2011
Pleasanton, Calif.-based Safeway Inc.’s companywide effort to mobilize its workforce and transform communities resulted in employees volunteering one million hours in 2011. “The number of hours along with the stories about employees who unselfishly gave their valuable time are inspiring and humbling,” said Larree Renda, Safeway EVP and chair of the Safeway Foundation. “Through their […]
Posted in, Midwest, Northeast
Roland Supports Indianapolis ‘Taste of the NFL’ Event
American Roland Food Corp. is supporting the Taste of the NFL event for the second year in a row. Held annually on the eve before the big game, the Taste of the NFL brings together the country’s top chefs, NFL players and hundreds of volunteers to “Party with a Purpose®.” The game is in Indianapolis, […]
Posted in, Southwest
FRESH By Brookshire’s Awarded LEED Green Building Certification
The Fresh by Brookshire’s store in Tyler, Texas, has earned LEED® certification in recognition of its energy-saving features, the first grocery store in East Texas to earn the certification. Brookshire’s new concept store achieved LEED status for energy use, lighting, water and material use as well as incorporating a variety of other sustainable strategies. The […]
Posted in, Southeast
Del Monte Fresh Fruit Fuels the Miami Heat
Coral Gables, Fla.-based Del Monte Fresh Produce and the Miami Heat have entered into a sponsorship agreement, and Del Monte® will be the “Official Fresh Fruit of the Miami Heat” for the next three years. In addition to collaborating on advertising and promotional programs, Del Monte Fresh and the Miami Heat will work together to […]
Posted in, West
Mrs. Fields Famous Brands Names Board to Drive Global Growth
Salt Lake City-Utah-based Mrs. Fields Famous Brands, a franchisor of Mrs. Fields and TCBY, has appointed new board of directors. Led by incumbent Chairman Bruce Pettet, the board now includes: • Robert S. Morrison, the former chairman, president and CEO of The Quaker Oats Co., and an operating partner of Z Capital Partners, one of […]
Posted in, National, Organic Natural
Beanitos Gets Investment Boost
Beanitos brand bean chips has announced a substantial investment by 2x Consumer Products Growth Partners, and managing partners Sharon Kieffer and Andy Whitman joined the company’s board of directors. In addition, Sweet Leaf Tea founder and former CEO Clayton Christopher has invested in Beanitos Inc. and joined the board. Terms of the investments were not […]
Posted in, National
Deadline Looms in Lawsuit Against Diamond Foods
Hagens Berman, a Seattle-based investor-rights class-action law firm, reminded investors Tuesday, Jan. 3, that only a couple of days remain before the Jan. 6 lead plaintiff deadline in a securities class action filed against Diamond Foods. Investors who purchased shares between Dec. 9, 2010, and Nov. 4, 2011 (the “class period”), with losses exceeding $500,000 […]
Posted in, Southeast
Winn-Dixie CEO creates resource center for employees
Winn-Dixie Stores Inc. Chairman, President and CEO Peter Lynch has created a merger resource center to disseminate information to company employees and intends to communicate details about the impending sale of the company to BI-LO LLC on a weekly basis, reports the Jacksonville Business Journal. The grocer announced the sale earlier this month to the […]
Posted in, Southeast
Winn-Dixie Shareholders Attempt to Block Sale with Lawsuit
A dissident group of shareholders would like to put the brakes on BI-LO LLC.’s purchase of Jacksonville, Fla.-based Winn-Dixie Stores Inc., reports the Jacksonville Business Journal. A group of Winn-Dixie shareholders has filed a class action lawsuit against the grocer and members of its board of directors potentially blocking the proposed sale to the South […]
Posted in, Southeast
Ruddick Seeks Name Change to Harris Teeter Supermarkets
Ruddick Corp. has sold its thread-making subsidiary and now wants its corporate name to reflect its remaining line of business, the Harris Teeter grocery chain. The company filed with the Securities and Exchange Commission recently its intention to seek shareholder approval to be known as Harris Teeter Supermarkets Inc., reports the Business Journal. Investors also […]
Posted in, Corporate Store News, National
Kroger To Merge Four Pension Funds
In a move expected to reduce Kroger Co.’s annual pension contribution expense and secure pension benefits for more than 65,000 employees, the Cincinnati-based grocer will merge four of the UFCW/multi-employer pension funds into a new fund Jan. 1, according to the Los Angeles Business Journal. Kroger expects to contribute about $650 million to the new […]
Posted in, National
Kraft Announces Plan to Create Two Independent Companies
The board of directors at Kraft Foods intends to create two independent public companies: A high-growth global snacks business with estimated revenue of approximately $32 billion and a high-margin North American grocery business with estimated revenue of approximately $16 billion.
Posted in, Midwest
Spartan Stores Sales Up 4.4 Percent
Grand Rapids, Mich.-based Spartan Stores Inc., a leading regional grocery distributor and retailer, on July 28 reported financial results for its 12-week first quarter ended June 18, 2011.
Posted in, Center Store, National
Diamond Foods Receives Clearance on Pringles Acquisition
Diamond Foods Inc. has received clearance from the United Kingdom’s Office of Fair Trading (OFT) on its pending acquisition of the Pringles business from The Procter & Gamble Co. The clearance by the OFT follows Diamond’s June announcement that the waiting period for U.S. antitrust review under the Hart-Scott Rodino Antitrust Improvements Act of 1976 […]
Posted in, National
Walmart Plans to Open Stores in Food Deserts
Wal-Mart Stores Inc. revealed July 20 that it will open up to 300 stores nationally in so-called “food deserts” by 2016, creating more than 40,000 jobs. The giant retailer isn’t saying where it will locate the 275 to 300 stores — just that they’ll go somewhere in the more than 700 areas that the U.S. […]