Nash Finch Co., Minneapolis-based food distributor, announced today that U Save Foods Inc., a Nash Finch wholly owned subsidiary, has entered into an agreement to purchase the No Frills Supermarkets. Fourteen stores are located in Nebraska, 12 of which are in the Greater Omaha market; four stores are located in western Iowa. No Frills is […]
Tag: Midwest
News from the midwestern United States.
Kroger CEO Bags 66 Percent Pay Increase for 2011
Kroger Co. CEO David Dillon was paid $8.9 million in 2011, a 66 percent markup over what the Cincinnati-based grocer paid him the previous year, the Associated Press reports. Dillon’s pay improved along with Kroger’s bottom line. His cash performance bonus increased from $808,020 to $2.7 million, and Dillon also was paid a $619,000 long-term […]
Mark Coborn Announces Retirement
Mark Coborn, an EVP and board member with the grocery retail company that bears his family name, has announced his retirement. The St. Cloud Times reports that Coborn is stepping down from his executive role in the next few weeks but will continue to serve on the board of directors for Coborn’s Inc. “It has […]
Supervalu Closing Ohio Distribution Center
Supervalu announced today that it would close its Xenia, Ohio, distribution center by October. The shutter will cost 120 people their jobs. The Ohio center will consolidate into a larger center based in Fort Wayne, Ind. “Supervalu regularly reviews its business operations and made the decision to consolidate these distribution centers to improve operating efficiency […]
Former Meijer Exec Holt Replacing Van Helden at Supervalu
Pete Van Helden, EVP of retail operations, will leave Supervalu this spring. The Eden Prairie, Minn.-based company said in a new release that the decision was “mutually beneficial” and that it “comes at the right time … as the company continues to implement its business transformation strategy. “Pete has been a passionate leader of our […]
Safeway Chef Competition Announces Top Three Finalists
After combing through hundreds of submissions, conducting a nationwide People’s Choice online vote and hosting three high-stakes cook-off events in San Francisco, Seattle and Chicago, Safeway is bringing the “Search for Our Next Chef” Competition to an exhilarating close. The three finalists will have one last chance to showcase their skills at the final cook-off […]
FMI Forms Partnership With TopSource To Provide Procurement Solutions
From FMI Show 2012 The Food Marketing Institute (FMI) has formed a strategic business partnership with TopSource LLC, a sourcing company and wholly owned subsidiary of Topco Associates LLC. FMI and TopSource will work together on program initiatives to help food retailers and wholesalers identify business opportunities and better serve the needs of their customers. […]
New Functional Brews Set To Roll Out For Bean & Body Coffee
Good just got better with the introduction of three new flavors from Bean & Body Coffee, an ultra-premium RTD functional coffee blend. The flavors joining the current line-up are Vegan, Horchata and Coconut. “We are really excited about the new flavors and what they will bring to the category,” said Erin Kelly, VP of marketing […]
Apio Acquires Green Bean Processor
Fresh-cut vegetable producer Apio Inc. has acquired GreenLine Foods Inc. from The Riverside Co., a global private equity firm. Perrysburg, Ohio-based GreenLine Foods is a leading processor and marketer of value-added, fresh-cut green beans in North America, according to Apio, which is based in Guadalupe, Calif. “U.S. consumer demand for the convenience of fresh-cut green […]
Samuel Adams Supports Small Business Growth
The Boston Beer Co. has expanded its Samuel Adams “Brewing the American Dream®” program. With a focus on helping small businesses related to food, beverage, craft brewing and hospitality, Brewing the American Dream provides loans and industry-specific coaching, mentoring and educational resources to business owners who find it difficult to access the capital and guidance […]
Differentiating The Dairy Case: Benelact Launching New Line
Benelact Dairy is introducing the world’s first all-natural, reduced cholesterol dairy foods. At the FMI 2012 show in Dallas, Texas, April 30-May 3, the company will launch a line of butter and several cheese varieties with one-third less cholesterol than traditional butter and cheese. Branded and private label products are available globally. Benelact Dairy foods […]
The J.M. Smucker Co. Promotes David Lemmon
The J.M. Smucker Co. has promoted David Lemmon to VP and managing director, Canada—effective May 1. Lemmon has been with the company for 17 years, and his leadership has been instrumental in successfully implementing the company’s growth strategy in Canada and helping the company achieve a leading market share position in several Canadian food and […]
Lipari Foods Acquires Ohio-Based I&K Distributors
Michigan-based Lipari Foods has acquired its longtime competitor I&K Distributors of Delphos, Ohio. It is the first step toward Lipari’s goals to grow as a regional distributor and ultimately to become a national distributor with other locations, Thom Lipari, president and CEO, told The Shelby Report’s Geoff Welch at the company’s spring show on April […]
ConAgra Foods To Acquire Odom’s Tennessee Pride
ConAgra Foods Inc. has agreed to acquire Odom’s Tennessee Pride, a leading producer of frozen and refrigerated breakfast sandwiches and sausage. The agreement includes facilities in Little Rock, Ark., and Dickson, Tenn., and its headquarters office in Madison, Tenn. Odom’s Tennessee Pride has approximately 750 employees, annual revenue in excess of $190 million and is […]
Life Savers Celebrates 100th Anniversary
Life Savers is turning 100 years old and, to celebrate a century of sharing simple but meaningful connections between people, the iconic brand is giving back to charities that matter to its fans. The giving campaign, called Connect for a Cause, works like this: people can participate by entering the code on specially-marked 100th anniversary […]
Majority Of Americans Can Recycle Plastic Bags, Wraps Locally
A new study released Thursday provides encouraging news about the state of plastics recycling in the U.S.: more than 91 percent of the U.S. population can recycle their plastic bags locally and, additionally, nearly 75 percent of people living in the U.S. can recycle other types of flexible plastic wraps in their own communities. The […]
Lagunitas To Build Brewery In Chicago, Go National
By next year, it should be easier to get a Lagunitas India pale ale in the Windy City, and other areas of the East and Midwest. The San Francisco Business Times reports that Lagunitas Brewing Co., a craft beer brewer based in Petaluma, Calif., plans to spend up to $18 million to build a second […]
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 […]
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 […]
Murtha Wins 2012 Hy-Vee Cake Decorator Challenge
Amy Murtha of Belton, in her first Hy-Vee cake challenge finals, took home first place and $1,000 with a whimsical depiction of a garden that combined color and originality with oversized lady bugs, smiling snails and overturned clay pots. “It was a real shocker because I really didn’t expect to win,” Murtha said. “Amy’s Enchanted […]
