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 […]
Tag: Supermarkets
Posted in, Marketing News, National
Chiquita Exiting Avocado Business
Chiquita Brands International Inc. is apparently pulling out of avocado sales. The Charlotte Business Journal reports that the company plans to exit the avocado business over the next few months to concentrate strategic resources on the core categories of bananas, salads and apples. Chiquita’s banana sales, at $2 billion, amounted to 64 percent of sales […]
Posted in, National, New Products
Magnum Ice Cream Partners With Fashion Brand To Unveil The Mini
“Mini” will be the must-have this season as Magnum®—a super-premium ice cream—partners with sophisticated, yet playful, fashion brand alice + olivia and its founder Stacey Bendet to introduce new Magnum® Mini ice cream bars, now available at grocery retailers nationwide. Bendet will draw inspiration from the dainty but decadent Magnum Mini to design an original […]
Posted in, National, New Products, Organic Natural
Cedarlane Bringing Burrito Bites Exclusively To Kroger
Dedicated to bringing innovative options to the natural and organic convenience foods industry, Cedarlane® Natural Foods Inc. is introducing its new product line of quick, easy and “snackable” Burrito Bites, available exclusively at Kroger stores in early May. A leading producer of award-winning natural and organic frozen and fresh foods, Cedarlane offers healthy and quick […]
Posted in, National, New Products
Skinny Cow Offers New ‘Slimited’ Editions Shake-Stirs
The Skinny Cow® brand is unveiling a new product that will make afternoon snack time that much better—Skinny Cow Slimited Editions(TM) Shake-Stirs(TM) product. Just add skim milk, wait one minute then stir for a delicious, refreshing low fat frozen shake. Best of all, the shakes are created in an all-inclusive cup—no blender needed. Each single-serve […]
Posted in, Beverage News, National, New Products
Grey Goose Rolls Out Cherry Noir Flavored Vodka
Grey Goose® has launched its first new flavor in five years, Grey Goose Cherry Noir. Grey Goose Cherry Noir is a masterful blend of Grey Goose Vodka and the finest cherries including rare black cherries handpicked in French Basque Country. Grey Goose Cherry Noir Flavored Vodka has already caught the attention of celebrities and influencers […]
Posted in, Albertsons, Southeast
Albertsons Pulling Out Of Florida; Keeping Pinellas Stores
Albertsons is mostly pulling out of Florida, closing all but four stores and shuttering a distribution center in Plant City, the Tampa Bay Business Journal reports. Three stores in Sarasota and Manatee counties will close. Stores in Clearwater and Largo will remain open. Albertsons, based in Boise, Idaho, has struggled to remain profitable during the […]
Posted in, Marketing News, National, New Products
Consumers Help Alexia Foods, Tyler Florence ‘Reinvent A Classic’
For the second year in a row, Alexia Foods, a line of premium all-natural side dishes, and celebrity chef Tyler Florence invited consumers nationwide to have their culinary opinions heard by voting for the next great French fry flavor in the brand’s “Reinvent a Classic” campaign. The winning fry flavor, Bruschetta Waffle Fries, created by […]
Posted in, National
Kimberly-Clark Senior Exec Jan Spencer Announces Retirement
Kimberly-Clark has announced that Jan Spencer, SVP of continuous improvement, sourcing and sustainability, will retire after a 34-year career with Kimberly-Clark. Spencer’s retirement will become effective July 1. Spencer leaves Kimberly-Clark following a distinguished career that saw him serve in a number of senior leadership positions. Most recently, Spencer spearheaded Kimberly-Clark’s continuous improvement efforts, which […]
Posted in, Center Store, National
Kraft Recalls Single Code Date Of Planters Cocktail Peanuts
Kraft Foods Group Inc. is voluntarily recalling one code date of Planters Cocktail Peanuts sold in 12-oz. canisters (code date 09-Jan-14, UPC 2900007212) because there is a possibility that the product was exposed to water not intended for use in food during the production process. Consumers can find the code date on the bottom of […]
Posted in, Southeast
Bud’s Best Cookies Names Al Cason President
Al Cason has been named president of Bud’s Best Cookies, the Birmingham Business Journal reports. Cason has served as the Birmingham, Ala.-based company’s VP in charge of sales and marketing since 1998. He began his career at the company in 1998. His father is Bud Cason, owner and founder of Bud’s Best. The elder Cason […]
Posted in, National
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 […]
Posted in, Organic Natural, West
Safeway, Go Green Initiative Partner For Earth Day Contest
Pleasanton, Calif.-based Safeway Inc. is partnering with the Go Green Initiative to launch the first Go Green Glogster Earth Day contest. Students will be asked to investigate the sustainability of the food, water or energy system in their community, and express their findings through videos, podcasts, blogs, music and photos compiled in a “Glog” (see […]
Posted in, Marketing News, National, Southwest
FMI’s Upcoming Private Brands Summit : Think Like A Customer
The Food Marketing Institute (FMI) will feature the 2012 Private Brands Summit, taking place alongside “FMI2012: The Food Retail Show” in Dallas, Texas, in May. The Summit will provide greater communication and collaboration amongst trading partners in order to promote the growth of private brands. “This year’s Private Brands Summit goes beyond creating ‘me too’ […]
Posted in, Perishables, Southeast
Rouses Unveils Signature Line Of Sustainable Gulf Coast Fish
The latest fish story out of Louisiana stars three Gulf Coast fish—drum, sheepshead and flounder—and a local family at the forefront of a national movement to promote local, seasonal, sustainable food. Rouses Markets is introducing its own brand of flash-frozen, wild-caught local fish at all 38 of its stores. “Season, fishing restrictions and weather affect […]
Posted in, West
Los Angeles Votes ‘Yes’ To Bag Ban
The Los Angeles City Council moved forward Wednesday with a plan to end the use of paper and plastic bags at supermarket checkout lines over the course of a year, the Los Angeles Times reports. The ordinance will force shoppers to bring more environmental bags with them to shop. The council still needs to draft […]
Posted in, Marketing News, National
China Surpasses U.S. As World’s Biggest Grocery Market
The onward march of the Chinese consumer continues, with China overtaking the U.S. as the biggest grocery market in the world in 2011, according to new research out of the United Kingdom. CNBC.com reports that the Chinese grocery sector was worth $970 billion at the end of 2011, while the U.S. market came in at […]
Posted in, National
Dream Water Expands In U.S. Through Target, Kroger And Safeway
Dream Products has announced new alliances with major retail chains Target, Kroger and Safeway. These partnerships will expand distribution to thousands of new stores where consumers can find Dream Water, the natural, zero-calorie, 2.5-oz. rest and relaxation shot. Dream Water continues its growth as consumers’ positive experiences with the brand and strong word of mouth […]
Posted in, Beverage News, Southeast
Cheerwine Coming To Virginia, Thanks To Deal With Pepsi
A distribution deal with Pepsi will bring Cheerwine to more locations in Virginia, The Charlotte Business Journal reports. Cheerwine will be available in vending machines and at soda foundations in Virginia starting May 7, thanks to the Salisbury, N.C.-based soft drink maker’s distribution deal with Pepsi. The latest expansion in distribution marks another step toward […]
Posted in, Beverage News, National, New Products
Slap Frozen Energy Offers Chilling Addition To Market
Brain-Twist® Inc. has launched nationwide Slap Frozen Energy, an innovative and groundbreaking addition to the Slap Energy® family. As the first-ever frozen energy beverage, Slap Frozen Energy will fill a void in the already thriving energy drink market by providing consumers delicious taste, a refreshing cool-down and an invigorating “slap” of energy. Each pouch of […]