Pilgrim’s Pride Corp. confirmed that on Sunday it submitted a revised proposal to acquire The Hillshire Brands Co. for $55 per share in cash in a transaction valued at $7.7 billion. The proposal represents an increase of $1.3 billion vs. Pilgrim’s initial proposal and a 49 percent premium over Hillshire’s share price one day prior […]
Tag: Midwest
News from the midwestern United States.
Posted in, Executive News, Midwest
Kraft Foods Names George Zoghbi Vice Chair Of Ops, R&D, Sales And Strategy
Kraft Foods Group Inc. has appointed George Zoghbi to the newly created executive position of vice chairman of operations, R&D, sales and strategy, reporting directly to CEO Tony Vernon. The creation of this new role brings together the expertise of several key areas under one leader, including research and development, which creates innovative new products […]
Posted in, Beverage News, National, New Products
Van Holten’s Now Bottling Pickle Juice
Van Holten’s is now bottling pickle juice. Pickleback—Real Pickle Brine is a 32-oz. bottle of dill pickle brine for use as a shot chaser or cocktail mixer. “We are using real honest pickle brine,” said Van Holten’s President Steve Byrnes.“This is the same stuff we’ve been making for over 100 years using our original recipe. […]
Posted in, Beverage News, Executive News, Midwest
Marley Beverage Co. Hires New President, CEO
The Marley Beverage Co., a Michigan-based new-age beverage manufacturer, has appointed Harry Bigelow as president and CEO, effective today. He takes on the role vacated by Kevin McClafferty last fall. Bigelow has more than 30 years of beverage industry experience in both non-alcoholic and beverage alcohol in North America. He held positions of increased responsibility […]
Posted inFresh Thyme, Independent Store News, Midwest
Fresh Thyme Opening Deerfield, Ill., Store On June 25
Fresh Thyme Farmers Market, a new specialty grocer featuring healthy and organic value-priced offerings, will open its second store Wednesday, June 25, in Deerfield, Ill. The opening follows the company’s debut last month when it opened in Mount Prospect, Ill. The Deerfield Chamber of Commerce and Mayor Harriet Rosenthal will be on site next month […]
Posted in, Executive News, Midwest
Industry Veteran William Toler Becomes President, CEO At Hostess
Hostess Brands LLC has appointed food industry veteran William Toler, a colleague of Hostess Chairman Dean Metropoulos and who previously served as CEO of AdvancePierre Foods and president of Pinnacle, president and CEO. Longtime Hostess executive Rich Seban, who most recently served as the company’s president and COO, has been named vice chairman. “Hostess Brands […]
Posted in, Midwest, Store News
2013 Merger Generates $2.3B In 1Q Sales For SpartanNash
SpartanNash Co. this week reported financial results for the 16-week first quarter ended April 19. Consolidated net sales for the first quarter increased 199.1 percent to $2.3 billion compared to $780.3 million last year, primarily due to $1.5 billion in sales generated as a result of the November 2013 merger with Nash Finch Co. as […]
Posted in, Albertsons, Corporate Store News, Midwest
Albertsons Commits $12.5M For Naming Rights To Boise State Stadium
Albertson’s LLC has committed $12.5 million over 15 years to Boise State University for the naming rights to the school’s stadium. The agreement secures Albertsons Stadium through 2028, subject to approval by the Idaho State Board of Education on June 18. This is a first for both Boise State’s stadium and for Albertsons. “Since the […]
Posted in, Midwest, Store News
Hy-Vee Homefront Readies For Memorial Day Round Up Campaign
Hy-Vee Homefront, Hy-Vee’s veteran support initiative, will hold its next Round Up event in all of its stores over Memorial Day weekend, May 23-26. Customers will be able to round up their purchases to the nearest dollar amount, or more if they choose, with the additional amount going in full to Hy-Vee Homefront. The Homefront […]
Posted in, Midwest, National
Michigan Grocers Association Endorses Incumbent For Governor
The Michigan Grocers Association (MGA) has endorsed Gov. Rick Snyder in his 2014 re-election bid, marking only the second time MGA has endorsed a gubernatorial candidate. “Rick Snyder ran for governor four years ago with an ambitious plan to reinvent Michigan’s economy,” says MGA President and CEO Linda M. Gobler. “We began to see positive […]
Posted in, Midwest, New Products
Kellogg Co. Rolls Out New Cereals, Expands Snack And Frozen Lineup
Kellogg’s is launching two new cereals made with whole grains and expanding its snack and frozen foods lineup. New Kellogg’s Jif Peanut Butter cereal is made with real Jif peanut butter. It has 100 calories and 8g of whole grains, along with 11 vitamins and minerals. New Rice Krispies Multi-Grain Shapes cereal features fun graham-flavored […]
Posted in, Executive News, National
Spangler Candy Promotes Bill Martin To President
Spangler Candy Co. has promoted Bill Martin to president. He is the first person outside the Spangler family to serve in the role. The Ohio-based company made the announcement on its Facebook page earlier this week. Martin, who was appointed EVP and CFO of the company in 2008, “has performed increasingly important responsibilities,” the post […]
Posted in, Midwest, Store News
Buehler’s Expands Rewards For Fuel Program
Buehler’s customers at seven locations (Brunswick, Wadsworth, Portage Lakes, Canton, Delaware and two Medina stores) will have a choice to redeem their earned loyalty points: redeem for fuel or redeem for food. Buehler’s says it is the only grocer in Ohio to give customers a choice on how they redeem their Buehler’s Rewards electronically. The […]
Posted in, Southwest, Suppliers
Hormel Foods Donates Product For Tornado Relief Efforts In Little Rock
Hormel Foods Corp. has donated a semi-trailer load of product to assist with tornado relief efforts in Little Rock, Ark. The donation of Hormel Compleats microwave meals, Skippy Natural dark chocolate peanut butter spread and Hormel 2Good smoothies will go to the Arkansas Rice Depot in Little Rock. “Our thoughts and prayers are with all […]
Posted in, Independent Store News, Midwest
Roundy’s Selling 18 Rainbow Stores To Supervalu-Led Consortium
Supervalu Inc., the owner of Cub Foods, along with four Twin Cities-based independent grocery retailers have each entered into a definitive agreement with Roundy’s to acquire certain Rainbow Foods grocery stores for approximately $65 million, plus inventory. In total, the consortium agreed to acquire 18 Rainbow grocery stores, including 13 Rainbow pharmacies and three Rainbow […]
Posted in, National, Store News
Whole Foods Announces Store Openings And Moves
Whole Foods Market this week announced several store openings and moves. The Austin, Texas-based grocer has signed a lease for a new store in Richmond, Va., plans to relocate a North Wales, Pa., store and has announced openings in New Jersey and Indiana. Richmond, Va. The approximately 40,000-s.f. store will be located on Broad Street […]
Posted in, Executive News, National
Steinhafel Out As Target CEO
Target said today that, following “extensive discussions,” President and CEO Gregg Steinhafel is departing the Minneapolis-based retailer, effective immediately. Steinhafel also is no longer chairman of Target’s board of directors. The announcement follows a data breach late last year that compromised millions of customers’ personal information. Target says that “now is the right time for […]
Posted in, National
Food Marketing Tactics To Be Explored At ‘Food Dialogues’ Event In Chicago
The U.S. Farmers & Ranchers Alliance (USFRA) says its next “Food Dialogues: Chicago. Integrity in Food Marketing” event will be held at the InterContinental Hotel from 9:30-11 a.m. (CT) June 10. As consumers ask more questions about how their food is grown and raised, food companies are increasingly telling the story behind their food from […]
Posted in, Independent Store News, Midwest
Glen’s Food Center In Minn. Recognized For Efforts To End Hunger
Glen’s Food Center in Luverne, Minn., is one of six companies statewide to be recognized for its exceptional efforts to end hunger in its community. Glen’s Food Center participated in the October 2013 “Minnesota’s Own” campaign to end hunger. “Minnesota’s Own” raised food and monetary donations to provide more than 7.4 million meals to Minnesota […]
Posted in, Independent Store News, Midwest
Buehler’s Wooster Milltown Launches Promotions To Engage Customers During Remodel
In anticipation of Phase 3 of its remodel, Buehler’s Wooster Milltown is rolling out two promotions to allow customers to become part of the Ohio store’s history—with a permanent presence at the front entrance. • Sign the Beam: Customers are invited to sign a structural steel I-beam that will be lifted and become part of […]