Pinnacle Foods Inc. on Monday announced that it has exercised its right to terminate the merger agreement between the company and The Hillshire Brands Co. announced May 12. Pursuant to the terms of the merger agreement, Pinnacle is entitled to receive a cash payment from Hillshire Brands of $163 million as a result of this […]
Tag: Northeast
News from the northeastern United States.
Price Chopper Eliminates Nearly 80 Positions At Headquarters
Price Chopper has cut nearly 80 positions from its corporate headquarters in Schenectady, N.Y., citing rising costs and a need for greater efficiency. Jerry Golub, the company’s president and CEO, said the current business climate forced the company to eliminate 80 positions in the company, “some through attrition and some with incumbents. The decisions were […]
Beanitos Launches First Ever Bean Puff In Two Varieties
Beanitos Inc., maker of The Original Bean Chip, is introducing The Original Bean Puff. The Austin, Texas-based company is rolling out two varieties of the new white bean puffs on the East Coast—White Cheddar and Hot Chili Lime. They will make their debut at the 2014 Summer Fancy Food Show, at booth No. 4274, June […]
Summer Fancy Food Show Later This Month Will Be Largest Ever
The Summer Fancy Food Show, which will begin later this month, will be the largest since it was first presented in 1955. The sold-out exhibit halls will be filled with 2,730 specialty food makers, importers and entrepreneurs representing the latest new products and trends from across the U.S. and around the globe. The show takes […]
Gov. Walker Attends UNFI Groundbreaking For Second Wisconsin DC
Gov. Scott Walker attended the June 20 groundbreaking of United Natural Foods Inc.’s (UNFI) new distribution center in Pierce County, Wis., a $37 million project expected to create about 300 jobs. The 300,000-s.f. facility located in Prescott, about 30 miles southeast of the Twin Cities, will be the company’s second facility in Wisconsin. Construction is […]
Michael To Retire From Associated Wholesalers, Company Selling White Rose Subsidiary
Associated Wholesalers (AWI) today said that President and CEO J. Christopher Michael is retiring from the company after 41 years of service. Veteran wholesale executive Matthew Saunders has been named president and CEO of AWI, effective immediately. AWI also said today that its board of directors has decided to pursue a sale of its White […]
Nestea Revives The ‘Nestea Plunge’ Campaign
Nestea is bringing back the brand’s iconic “Nestea Plunge” with a new 2014 advertising campaign. This updated communication strategy is designed to promote Nestea’s new and improved recipe, featuring more flavor and fewer calories in every bottle, according to the brand. To further support the product relaunch, the brand will offer a “Nestea Plunge Into […]
NFRA Names New Member Communications Coordinator
The National Frozen & Refrigerated Foods Association (NFRA) has appointed Natalie Markle to the newly created position of member communications coordinator. Markle is responsible for marketing member resources and events, developing and maintaining an online and social media presence for members and engaging members in NFRA’s PR and promotion efforts. In 2013, NFRA partnered with […]
Boyajian Oils Awarded Gold, Silver Medals At International Competition
Boyajian Inc. has been awarded a gold medal for its Scallion Infused Olive Oil and a silver medal for its Chipotle Infused Olive Oil at the recent 2014 Los Angeles International Extra Virgin Olive Oil Competition. This year the competition celebrated its 14th anniversary. Oils are tasted by a team of judges and the competition […]
Ahold To Settle Pricing Practices Lawsuit For $297M
Ahold has signed an agreement to settle a class-action lawsuit pending in the U.S. District Court in Connecticut regarding pricing practices of the company’s former subsidiary, U.S. Foodservice, from 1998-2005. Under the term sheet that was signed this week, Ahold has agreed to make a payment of $297 million into a settlement fund in return […]
Weis Markets Gets New SVP Of Operations
Weis Markets has named David W. Gose SVP of operations. Gose will oversee the day-to-day operation and management of the Sunbury, Pa.-based grocer’s stores. He reports to COO Kurt Schertle. Prior to joining Weis, Gose was senior director and regional GM at Walmart Ohio where he oversaw 92 stores and more than 30,000 full- and […]
Norseland Inc. Appoints Carter Califri GM Of Sales And Marketing
Norseland Inc. of Darien, Conn., has appointed Carter Califri as GM of sales and marketing. “With 20 years experience in sales and trade marketing, Carter’s breadth of knowledge in consumer goods, focused management style, keen customer insight and close associations in the retail field are vital assets that will lead our team in building stronger […]
GMA Filing Lawsuit In Effort To Overturn Vt. GMO Labeling Law
The Grocery Manufacturers Association (GMA) plans to file suit in federal court against the state of Vermont to overturn a GMO labeling law. The organization also has issued the following statement in response to Vermont Gov. Peter Shumlin’s signing into law House Bill 112, which would require mandatory labeling of foods containing genetically modified organisms in […]
Stop & Shop Debuting Norwalk Hospital FastCare Clinic In Fairfield, Conn.
The Stop & Shop Supermarket Co. has joined with Norwalk Hospital FastCare to introduce a new in-store health clinic to Fairfield, Conn., customers. The clinic, located within Stop & Shop at 1160 Kings Hwy. Cut-off, provides customers with convenient and affordable care for the treatment of a variety of common illnesses and preventative healthcare options. […]
Weis Markets 1Q Sales Increase, But Net Income Down 26.6 Percent
Weis Markets reported its first quarter results this week. During the 13-week period ending March 29, the company’s sales increased 0.6 percent to $687.1 million while its comparable store sales were down 1.3 percent compared to the same period a year ago. During the same period, the company generated earnings per share of $0.55 compared […]
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 […]
Al Fresco All Natural Launches New Freezer-To-Grill Products
Al Fresco All Natural is rolling out Gourmet Chicken Grillers, uncooked frozen chicken burgers. The new Grillers contain half the fat of a traditional beef patty and are the first offering from Al Fresco’s new line of freezer products, according to the Massachusetts-based company. Gourmet Chicken Grillers go directly from the freezer to the grill […]
Weis Markets’ 2014 Growth Plan Totals $101M
Weis Markets said last week that it plans to invest $101 million in its growth program in 2014. President and CEO Jonathan Weis briefed shareholders on the company’s plans during Weis Markets’ annual shareholders meeting April 24. “Since 2008, we have invested more than $500 million in our growth and improvement programs. During this period, […]
Vermont GMO Labeling Law Heads To Governor’s Desk
The Vermont legislature passed a bill Wednesday that would make it the first state to require food makers to label products made with genetically modified organisms (GMOs). The Wall Street Journal reports that the Vermont House voted 114-30 to adopt a state Senate labeling bill. Gov. Peter Shumlin has said he plans to sign the […]
Lovin’ Scoopful Ice Cream Adds 400 Stores To East Coast Distribution
Lovin’ Scoopful, a Seattle-based premium ice cream company founded by Maria Shriver, Tim Shriver and partners to benefit Special Olympics and other nonprofits that help empower the human spirit, has increased its product distribution by more than 400 stores along the East Coast. Lovin’ Scoopful Gourmet Light Ice Cream is now available at all 750 […]
