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Kraft Heinz Announces Leadership Team Transitions

The Kraft Heinz Company announced today the appointment of Andre Maciel as Executive Vice President and Global Chief Financial Officer, effective March 2, 2022. Maciel will succeed Paulo Basilio, who will step down on March 1, 2022, as part of a planned transition and will remain with the Company as a strategic advisor through August 2022. Basilio remains a partner at 3G Capital. Additionally, Yang Xu will move to Senior Vice President, Global Head of Corporate Development. These transitions happen at a moment of strength for the Company, as Kraft Heinz enters the next...

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Jan 24 8:14 AM, General News



This Week in Retail: Wintry Weather Boosts Protein Sales

While major buying occasions are sparse in January, wintry weather helps support sales at the meat case this month as consumers stock up on protein for hearty, comfort food recipes.  At present, the National Weather Service is calling for significant winter weather in the Southern and Eastern U.S.

Buying opportunities for seafood and beef have dominated the protein complex so far this year. Seafood narrowly beats out beef for first in buying opportunities this week, claiming 28% of total ad volume. Beef accounts for 26%. 

Retail feature prices for most beef roast cuts—popular with cold-weather cooking—are higher than year-ago levels. Bottom round averages $4.98 per pound, a 15% YoY increase. 80% lean ground beef is up $1.04 per pound, or 37.4%, from last year at $3.82 per pound on average.  

Pork makes up 24% of total ad volume this week. Hams are featured at competitive price points since retailers are looking to clear out excess inventory after the holidays...

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Jan 21 8:02 AM, UB Newswires


Stop & Shop and Flashfood Team Up to Reduce Food Waste and Save Customers Money on Groceries

Stop & Shop, a neighborhood grocer with more than 400 stores throughout the Northeast, today announced it is rolling out Flashfood to its Pawtucket and Providence, RI, stores following a successful pilot. Flashfood is a digital marketplace that strives to eliminate food waste at the retail level by connecting consumers with discounted food nearing its best by date. As a result of the program’s impact to date, Flashfood has diverted 30 million pounds of food from ending up in landfills throughout the U.S. and Canada...

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Jan 20 9:17 AM, General News


Campbell Named One of the World’s Most Sustainable Corporations

Campbell Soup Company today was named as one of the 100 Most Sustainable Corporations in the World by Corporate Knights, a media and research company that produces rankings and financial product ratings based on corporate sustainability performance. Ranked number 89, Campbell is one of 23 U.S. companies, and one of only two U.S. food companies, included in the Global 100.

“At Campbell, we are committed to building a more sustainable and resilient food system,” said Stewart Lindsay, Campbell’s Vice President, Corporate Responsibility and Sustainability. “This recognition is a..."

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Jan 19 8:57 AM, General News


Real Good Foods' Frozen Enchiladas are Now Available in All Costco Regions Across the U.S.

The Real Good Food Company, Inc., an innovative, high-growth, branded, health- and wellness-focused frozen food company, today announced its best-selling, nutritious Grande Chicken Enchiladas are now available in all Costco regions beginning on January 22.

Our Enchilada platform is made 100% Grain Free, and with a much different macronutrient profile than others available on the market. With only 2g net carbs and 20g protein per serving, Real Good Foods Grande Chicken Enchiladas are nutrient dense and made from real food...

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Jan 19 8:23 AM, General News


Southeastern Grocers Elevates Belonging, Inclusion and Diversity With Expansion of Charitable Focus

Southeastern Grocers Inc. (SEG), parent company and home of Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, announces the expansion of its charitable giving focus in the new year to support more causes committed to elevating belonging, inclusion and diversity and the local organizations that share the grocer’s passion for celebrating differences and strengthening communities. SEG’s expanded commitment to belonging, inclusion and diversity will help the grocer and its charitable arm, SEG Gives Foundation, make a larger impact within its communities while empowering authenticity, educating...

 

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Jan 17 9:38 AM, General News


This Week in Retail: Beef and Seafood Dominate Ad Space; CPI Data Released

Beef and seafood currently dominate circular ad space, providing an opportune occasion for surf and turf lovers to snag attractive deals at the grocery store. Beef and seafood account for about 29% and 27%, respectively, of retail buying opportunities this week. The next highest category belongs to pork with 19%, followed by chicken at 15%.

Over in beef, steaks make up 39% of all beef ads. Boneless strip steaks average $12.21 per pound, up from $7.47 per pound last year. T-bone steaks run $8.34 per pound, up 13.9% from 2021. The steak complex is nearly 17% higher YoY on average. The roast category is featured at an average of $6.41 per pound, up $1.47 per pound from 2021. The weekly retail beef feature index is currently at $6.75 per pound, up 20.5% from the prior 5-year average...

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Jan 14 7:55 AM, UB Newswires


Longtime 7-Eleven Executive Appointed 7-Eleven International LLC Co-CEO

Today, 7-Eleven, Inc. is proud to announce Ken Wakabayashi's new role as Co-CEO of 7-Eleven International LLC ("7IN"). Previously 7-Eleven, Inc.'s SVP, Head of International, Wakabayashi will now lead the 7-Eleven brand's global growth strategy alongside Co-CEO, Shinji Abe, from Seven-Eleven Japan.

"We are thrilled to offer our congratulations to Ken Wakabayashi on this exciting new role," said Joe DePinto, 7-Eleven, Inc. President and Chief Executive Officer. "With this move, Ken will help lead the 7IN team to..."

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Jan 13 8:26 AM, General News


Kroger Kicks Off Ghost Kitchen Rollout

Image Kroger is launching its ghost kitchen initiative.

The Kroger Co. is officially a participant in the ghost kitchen space.

As initially announced in August 2021, the country’s largest grocery retailer is partnering with ghost kitchen startup Kitchen United to provide customers freshly prepared restaurant food for takeout or delivery in select Kroger banner locations.

Kroger is opening its first ghost kitchen center at a Ralphs store in the Westwood neighborhood of Los Angeles. Customers can build freshly prepared, on-demand restaurant meals from any or all of the restaurants participating in the initiative...

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Jan 13 8:09 AM, General News


Dafne Hefner Joins Kraft Heinz as North America Zone Chief Strategy and Transformation Officer

The Kraft Heinz Company today announced the appointment of Dafne Hefner to the newly created role of Chief Strategy & Transformation Officer - North America Zone, effective Jan. 18, 2022. Hefner is being hired to help accelerate the strategic growth plan in the Company’s U.S. and Canada businesses, including the broader deployment of Agile teams and a North America Zone digital agenda.

Hefner joins Kraft Heinz from Anheuser-Busch InBev SA/NV (“AB InBev”), where she most recently served as Senior Vice President of Strategy & Insights. During her...

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Jan 13 8:00 AM, General News


Campbell Named One of America’s Most JUST Companies by JUST Capital and CNBC

Campbell Soup Company was named one of America’s Most JUST Companies by JUST Capital and CNBC, its media partner. This marks the fourth year that Campbell has been recognized for its commitment to serving its stakeholders, including employees, customers, consumers, communities, the environment and shareholders. Campbell ranked #77 overall and performed particularly well in the areas of community development and transparent consumer communications—earning top marks on both metrics.

“We are honored to again be recognized as one of America’s Most JUST companies,” said Mark Clouse, Campbell’s...

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Jan 12 2:24 PM, General News


Albertsons Companies, Inc. Reports Third Quarter Fiscal 2021 Results

Albertsons Companies, Inc. today reported results for the third quarter of fiscal 2021, which ended December 4, 2021.

Third Quarter of Fiscal 2021 Highlights

- Identical sales increased 5.2%; on a two-year stacked basis identical sales growth was 17.5%
- Digital sales increased 9%; on a two-year stacked basis digital sales growth was 234%
- Net income of $425 million, or $0.74 per Class A common share
- Adjusted net income of $457 million, or $0.79 per Class A common share
- Adjusted EBITDA of $1,051 million..

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Jan 12 7:53 AM, General News


2022 IPPE Proceeding as Planned with Updated Safety Measures

The 2022 International Production & Processing Expo (IPPE) will be held inperson from Jan. 25 – 27 at the Georgia World Congress Center in Atlanta with updated safety measures in place. IPPE’s show management’s goal is to safely bring the industry back together to evaluate new products, technologies and services while reconnecting participants with their colleagues and friends.

IPPE is a critical part of the poultry, animal food and meat industry's continuing development, offering timely and important educational information and an efficient way for producers and processors to find...

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Jan 7 8:52 AM, General News


Adam Grogan, New President of Maple Leaf Foods Inc.'s Plant-Based Protein Subsidiary Greenleaf Foods

Maple Leaf Foods Inc., a leading North American producer of high-quality, sustainable protein, announced today that Adam Grogan will assume the role of President of its wholly-owned subsidiary, Greenleaf Foods, SPC ("Greenleaf"), effective January 31, 2022.

Mr. Grogan has been a key contributor within the Maple Leaf Foods organization for over twenty years, holding a number of critical positions, including being the company's Senior Vice President of Marketing, Innovation, Research and Development before transitioning to Chief Operating Officer of Greenleaf in...

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Jan 7 8:17 AM, General News


This Week in Retail: Eyeing Prop 12, Pandemic Uncertainty in 2022

Rounding out the first week of 2022, uncertainty surrounding the ongoing pandemic continues to impact businesses and the overall wellbeing of the world’s population.

Retailers, along with other participants throughout the supply chain, are monitoring labor constraints, made worse by the rapid spread of the Omicron variant. Prolonged disruptions to the production, further processing, and distribution of consumer goods from worker absenteeism and potential further government restrictions remain key concerns for producers and buyers alike in the New Year.

Meanwhile, the second phase of California’s Proposition 12 went into effect on January 1. Under the law, veal calf producers are required to provide their animals with at least 43 square feet of usable floor space per calf. Sows must have a minimum of 24 square feet of usable space per animal. Laying hens are required to be cage-free. Proposition 12 prohibits the sale in California of veal, pork, and eggs not raised in compliance with these...

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Jan 7 7:55 AM, UB Newswires


Egglife Foods Goes Against the Grain with New Campaign and Innovative New Sweet Cinnamon Wrap

Egglife Foods, the innovative company reimagining flour-based foods by harnessing the power of eggs, is once again disrupting the tortilla category. The CPG startup that has made 'kicking flour to the curb' its mission officially announced the launch of a new creative campaign, which aims to drive awareness, familiarity and loyalty for its category disrupting egglife® egg white wraps along with its first-to-market innovation – new sweet cinnamon egglife® egg white wraps – by encouraging consumers to go against the grain...

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Jan 6 8:00 AM, General News


Campbell Appoints Daniel L. Poland Executive Vice President and Chief Supply Chain Officer

Campbell Soup Company today announced the appointment of Daniel L. Poland as Executive Vice President and Chief Supply Chain Officer, effective Jan. 10, 2022. Poland succeeds Bob Furbee who informed the company of his intent to retire after 38 years of service. Furbee will remain with Campbell until April 2022 and work with Poland to ensure a smooth transition.

Poland will lead Campbell’s end-to-end supply chain function including procurement, food safety and quality, occupational health and safety, engineering, planning and logistics, and all manufacturing sites...

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Jan 5 8:47 AM, General News


Ingles Markets, Incorporated CFO Ron Freeman to Retire

Ingles Markets, Incorporated (NASDAQ: IMKTA) announced today that its vice president-finance and chief financial officer, Ronald B. Freeman is retiring effective February 16, 2022. As a result, Mr. Freeman will not be standing for reelection to the Company’s board of directors.

Mr. Freeman has been employed by Ingles for 17 years as its CFO and a member of its board of directors. Mr. Robert P. Ingle II, chairman of the board, stated, “We regret that Ron Freeman is retiring from the Company. He is a person of the highest caliber...

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Jan 3 11:48 AM, General News


Ultrafast Grocery Delivery Service Buyk Expands to Chicago, Targets Rapid Expansion Across US

Buyk, a real-time retail grocery delivery service that promises to deliver essential food, drink and other necessities to your door within 15 minutes with no delivery fee and no minimum spend, has announced the official launch of its service in Chicago with plans of further expansion across various US geographies in 2022.

Following its launch in New York City just three months ago, Buyk will begin operations in Chicago with 6 dark stores, bringing the Company’s total to 35 stores across both cities...

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Dec 30 9:27 AM, General News


Southeastern Grocers Concludes 2021 with Nearly 80 Store Improvements

Southeastern Grocers Inc. (SEG), parent company and home of Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, is concluding the year by celebrating its wins both for its customers and the community. Over the course of the year, the grocer has remained resilient in offering the best shopping experience for its customers with more than 70% of its total store footprint refreshed to date, has added value and savings through new products and offerings and has remained a committed community partner by donating more than...

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Dec 29 9:30 AM, General News


Forbes Names Hormel Foods One of the World's Top Female-Friendly Companies

Throughout 2021, Hormel Foods Corporation, a global branded food company, received numerous awards from publications, including Newsweek magazine (America's Most Responsible Companies), Selling Power (50 Best Companies to Sell For) and Military Times (Best for Vets). Forbes can now be added to that list as the magazine recently announced that the company ranks as one of the World's Top Female-Friendly Companies.

Hormel Foods has long promoted and supported a female-friendly culture, including employee resource groups such as Hormel Foods Women in Leadership and Women's Insight Network...

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Dec 29 7:58 AM, General News


This Week in Retail: Seafood Features Are Ablaze Amid the Holidays

With Christmas at our doorstep, some households are stocking up on last-minute gifts, along with food for those hosting holiday meals.

Just ahead of the holiday, seafood climbed to the top spot among protein ads this week with 29.5 percent. Beef comes in second with 25.9 percent of total protein ad volume, followed by pork with 21.6 percent. Chicken makes up 4.7 percent, compared to 5.7 percent the previous week. Turkey features increased to 16.8 percent, up from 12.2 percent last week...

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Dec 23 10:00 AM, UB Newswires


DoorDash, Southeastern Grocers Announce On-Demand Grocery Delivery Partnership

DoorDash announced a partnership with Southeastern Grocers (SEG) on December 21 to offer on-demand grocery delivery from more than 400 stores throughout Florida, Georgia, Alabama, Mississippi and Louisiana.

SEG is the parent company of Fresco y Más, Harveys Supermarket and Winn-Dixie stores.

SEG will offer tens of thousands of grocery items for delivery via DoorDash, from core grocery items including fresh produce, dairy, bread, fresh meat and seafood, as well as SEG's selection of Own Brands products including SE Grocers, SE Grocers Prestige, SE Grocers Naturally Better...

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Dec 23 8:00 AM, General News


NotCo Ushers in a New Golden Era of Chicken with the Launch of NotChicken™

NotCo, the fast-growing food tech company with a first-of-its-kind patented A.I. technology (named Giuseppe) that creates plant-based options that taste, feel, cook, and function just like their animal-based counterparts, today announced the debut of NotChicken™ to the Latin American market. A finishing touch to the year, the expansion into the booming plant-based chicken subcategory includes four deliciously juicy SKUs: NotChickenNuggets™, NotChickenBurger™, NotChickenBurgerCrispy™ and NotChickenFillet™.

Plant-based chicken is one of the hottest...

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Dec 22 9:55 AM, General News


Pure Prairie Farms Breathes New Life Into Midwestern Chicken Plant

New premium chicken integrator, Pure Prairie Farms Inc., completed its long-anticipated purchase of a former Simply Essentials chicken processing plant last week. The former plant, which previously closed in August of 2019, is a state-of-the-art retail tray-packaging facility and features air-chill technology, an under-represented and underserved attribute in the market. In addition to organic offerings, additional product features include all natural, highly trimmed products, made from chicken flocks in which antibiotics have never, ever been used, and that have been fed a...

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Dec 21 1:15 PM, General News


Publix Vice President of Marketing to Retire; New Vice President Announced

After 48 years of dedicated service, Publix Super Markets’ Vice President of Marketing Mark Irby has announced his decision to retire at the end of February 2022.

Irby, 66, began his Publix career in 1973 at the sign shop in Lakeland, Florida. After working in various capacities within that department, in 1983, he transferred into the advertising department as a marketing and research manager. In 1988, he was promoted to director of marketing and advertising and to his current role in 1989.

“Mark’s dedication to helping build, promote, protect..."

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Dec 21 8:07 AM, General News


Eggland's Best CEO Charlie Lanktree Announces Retirement

Eggland's Best, the #1 branded egg in the U.S., announced today that CEO Charlie Lanktree plans to retire after having served the company for 32 years. As part of the final steps of a successful transition plan put in place several years ago, Kurt Misialek will be adding CEO to his current role as President of Eggland's Best, effective January 1, 2022.

"It has been a great pleasure and honor to have spent more than 30 years leading a fantastic team," Lanktree said. "I'm thankful for our consumers who enjoy our products..."

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Dec 17 1:03 PM, General News


Torani Announces its ‘Flavor of the Year’ for 2022: Torani Puremade Salted Egg Yolk Syrup

Torani, a trusted leader in the flavor industry for nearly 100 years, revealed its first-ever Pourcast Flavor of the Year today: Torani Puremade Salted Egg Yolk Syrup. This distinctly delectable and versatile flavor is a rising star on the global flavor scene, joining Torani’s existing lineup of over 150 syrups and sauces.

Known for introducing the Italian soda to the U.S. in the 1920s and creating the world’s first flavored latte in the 1980s, Torani is constantly in pursuit of the “next big thing”...

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Dec 16 8:58 AM, General News


This Week in Retail: Inflation Climbs to 39-Year High in Latest CPI Data

The Bureau of Labor Statistics (BLS) released the latest Consumer Price Index (CPI) for November, showing the all items index up 6.8 percent over the past 12 months. This was the fastest 12-month increase since June 1982.

The food index increased 0.7 percent last month after rising 0.9 percent in both September and October. The index for food away from home rose 0.6 percent in November after gaining 0.8 percent in October, according to the BLS. Over the last year, the food away from home index has risen 5.8 percent. This was the largest yearly increase dating back to January 1982...

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Dec 16 7:31 AM, UB Newswires


Abbot's Butcher Ground "Beef" and "Chorizo" Certified as the First Whole30 Plant based Meat

Abbot's Butcher, the makers of premium plant-based meats, announces it has received the Whole30 Approved® certification for its Ground "Beef" and "Chorizo" products. Those who follow the Whole30 program will have a versatile plant protein that fits seamlessly into everyday recipes.

"We are proud of the Whole30 distinction and are excited to share this news with customers who are looking to add more plant-based meals in the new year," says Kerry Song, CEO of Abbot's Butcher. "Our plant-based meats are deeply flavorful..."

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Dec 15 1:16 PM, General News


Kroger Promotes Laura Gump to Houston Division President

The Kroger Co. announced today Laura Gump, formerly vice president of merchandising for the Houston division, has been promoted to president of the division. She succeeds Joe Kelley who was recently named president of King Soopers.

"Laura has tremendous experience in the grocery and retail industries," said Valerie Jabbar, Kroger's senior vice president of retail operations. "Her ability to build high-performing teams will ensure our Houston division continues to deliver the freshest foods and a friendly and welcoming experience for our customers, whether shopping in store or online..."

 

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Dec 15 8:03 AM, General News


This Week in Retail: A Look at Holiday Ribs and Hams

The standing rib roast or holiday ham is a traditional centerpiece at the Christmas dinner table. With a little over two weeks to go until Christmas, wholesale buyers are completing their holiday purchases and will increasingly showcase these popular items at retail.

For the wholesale rib market, prices are under significant pressure following a record-shattering peak at nearly $615/cwt in late September, according to Urner Barry’s Choice quotation. Typically, the wholesale rib market begins its seasonal advance from September through around mid to late November as retailers secure inventory for the holiday.

At present, the rib cutout is in an inverse price trend compared to 2020, which saw record-high levels for this time of year...

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Dec 10 7:57 AM, UB Newswires


Organic Prairie® Launches Ten-Minute Mealtime Solution

This winter, don't forget to add Organic Prairie's new Seasoned Ground Beef to your shopping list. Organic ground beef, pre-seasoned with all-organic spices, will cut prep time for some of America's most popular home-cooked meals.

Ten Minute Dinners

"Our new organic, seasoned ground beef gives home cooks a choice of high-quality protein that's quick and easy to prepare," said Dave Greening, Organic Prairie General Manager. "Shoppers can just 'grab and go,' and the meat is fully cooked in approximately 8 minutes..."

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Dec 9 12:58 PM, General News


Beyond Meat Appoints Protein Industry Veterans to Top Executive Roles 

Beyond Meat, Inc., a leader in plant-based meat, today announced the appointment of two food industry veterans to its executive leadership team. Doug Ramsey joins as Chief Operating Officer following three decades at Tyson Foods where he oversaw the company’s poultry and McDonald’s businesses. Bernie Adcock joins in the newly created role of Chief Supply Chain Officer following more than three decades of experience in operations and supply chain management at Tyson Foods, and will report to Ramsey.

Ramsey and Adcock join as Beyond Meat, the #1 selling...

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Dec 9 8:00 AM, General News


DoorDash Introduces Ultra-Fast Grocery Delivery

DoorDash (NYSE:DASH) is introducing ultra-fast grocery deliveries in 10-15 minutes beginning with DashMart in New York City. With over 2,000 items, DashMart offers a wide assortment of fresh and frozen grocery staples, snacks, household goods, and local products to fulfill any last minute shopping needs – whether you forgot an ingredient for tonight's dinner, or don't have time to get more eggs and milk midweek. To start, ultra-fast deliveries will be offered from a new DashMart location in Chelsea, with more locations and partners coming over the next few months...

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Dec 7 8:09 AM, General News


Smithfield Foods' Saratoga Food Specialties to Expand, Nearly Double Presence in Southern Nevada

Smithfield Foods, Inc. today announced Saratoga Food Specialties, its customized dry seasoning blends, sauces, dressings, and glazes business, will nearly double its footprint in Southern Nevada and bring approximately 50 additional jobs to the Clark County area with support from the Nevada Governor's Office of Economic Development (GOED) and the Las Vegas Global Economic Alliance (LVGEA).

In December 2019, Saratoga announced plans to acquire and invest in a former seasonings production plant to be the company's premier sauces, dressings, and glazes facility. Building on its initial...

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Dec 3 8:52 AM, General News


Kroger Reports Third Quarter 2021 Results and Raises Full-Year Guidance

The Kroger Co. today reported its third quarter 2021 results and will update investors on how key initiatives are positioning the company for long-term sustainable growth.

Comments from Chairman and CEO Rodney McMullen

"Kroger's strategy to lead with fresh and accelerate with digital continues to connect with our customers. Our agility, and the commitment from our amazing associates, is allowing us to navigate current labor and supply chain conditions and provide the freshest food at affordable prices across our store and digital ecosystem.

"Our focus on execution, combined..."

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Dec 2 9:37 AM, General News


This Week in Retail: Jingle Bells, December Sells

December has arrived and retailers have been proactively preparing for what could be a record-breaking season for holiday spending.

The National Retail Federation predicts the highest holiday retail sales on record this year. According to the NRF’s forecast, holiday sales during November and December could grow between $843.4 billion and $859 billion. This compares with a previous high of $777.3 billion in 2020.

Rising incomes along with household wealth, a desire to return to in-person events, and a favorable weather forecast for the holiday season are among the factors contributing to a promising spending outlook...

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Dec 2 8:30 AM, UB Newswires


Maple Leaf Foods Announces National Bacon Month in December 

Maple Leaf Foods today declared December as National Bacon Month, a time to celebrate what Canadians have made clear in new polling: bacon is unquestionably one of Canada's favourite foods. The Canadian producer of top-quality natural pork bacon products released an array of sizzling new facts and statistics to mark the beginning of National Bacon Month and the leadup to National Bacon Day on December 30.

The results are in: Canadians are 'hog wild' over bacon!

Bacon's story dates back to 1500 B.C in China, where pork belly was...

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Dec 1 8:59 AM, General News


Kroger and Kipster Farms Announce Plans to Bring the First Carbon-Neutral Eggs to U.S. Customers

The Kroger Co., America's largest grocery retailer, and Kipster Farms, the award-winning egg production system founded in The Netherlands, announced today a strategic partnership to bring the world's first carbon-neutral, cage-free eggs to retail shelves in the U.S.

"Simple Truth is excited to partner with the innovative team at Kipster to further elevate our brand's purpose to be a force for good," said Brad Studer, senior director, Our Brands for Kroger. "These Simple Truth and Kipster eggs will be produced..."

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Dec 1 8:47 AM, General News


eCommerce Platform Pepper Raises $16M in Series A Funding for Food Distributors

Pepper, the eCommerce platform for food distributors, has raised $16 million in Series A funding that will enhance the ordering experience for distributors servicing over 25,000 restaurants and grocery stores in the U.S. and Canada. Index Ventures led the round with participation from Greylock, Imaginary Ventures, BoxGroup, Moving Capital, and Brett Schulman, bringing the total capital raised to date to $20M.

With the Series A secured, platform enhancements are a top priority for Pepper. “This funding enables us to accelerate product development in..."

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Dec 1 8:19 AM, General News


Discounter Market Set to Top £34 Billion as Sales Spring Back in 2022

From the lure of the middle aisle to the thrill of a bargain, Britain’s savvy shoppers are set to splash out £34.4 billion at food and non-food discounters in 2022—an annual increase of 6.6%—as the sector looks set to spring back to growth, benefiting from continued economic uncertainty.

Next year’s forecast return to growth will be much welcomed by the sector, as food and non-food discounter sales in 2021 are expected to drop to £32.3 billion, following a bumper 2020... 

 

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Nov 30 2:34 PM, General News


WhatsGood To Bring Local Food To Customers Year-Round with New Retail Store in Lincoln Park

WhatsGood, an innovative technology provider for online orders at local farmers markets, is opening the first in a series of Chicago-based Farm Shops in Lincoln Park on December 7th, 2021. WhatsGood's Farm Shop is a small footprint grocery store with an array of locally curated products that will provide Chicagoans with in-store shopping and on-demand delivery. WhatsGood's team can deliver everything you'd expect at the farmers market in about an hour.

"WhatsGood's Farm Shop draws inspiration from the intimate relationship between..."

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Nov 30 11:24 AM, General News


Walmart Announces CFO Transition Plan

Walmart Inc. announced that Executive Vice President and Chief Financial Officer Brett Biggs will begin transitioning from Walmart during this upcoming year, after 22 years with the company, to begin a new chapter of opportunities in both the for-profit and non-profit sectors.

Biggs will remain in the CFO role until a successor is named next year and then support that transition, remaining as an associate until he leaves the company on Jan. 31, 2023. As part of the transition, he will also continue representing the company as a board member on Walmart’s FinTech startup joint venture with Ribbit Capital.

 

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Nov 29 8:37 AM, General News


Hormel Foods Annual Profit Sharing Continues

Hormel Foods Corporation, a global branded food company, today distributed its annual profit sharing to eligible hourly and salaried team members during this 83rd consecutive grant.

"There are many things that make Hormel Foods uncommon, including our portfolio of global food brands and the incredible people who make them," said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods. "Equally uncommon is our legacy of giving back to our team members and our communities..."

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Nov 24 8:49 AM, General News


Impossible Foods Closes $500M in New Funding Amid Record Growth

California-based Impossible Foods announced today that it has secured approximately $500 million in its latest funding round, led by existing investor Mirae Asset Global Investments with participation from other existing Impossible Foods investors.

Impossible Foods is now the fastest-growing plant-based meat company in retail, outpacing the next 10 leading plant-based meat companies combined, according to custom IRI research analyzing U.S. dollar sales for the most recent 13-week period compared to one year ago. This funding round will enable its continued growth in retail...

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Nov 23 9:12 AM, General News


Hormel Foods Corporation Announces 56th Consecutive Increase to Annual Dividend

The Board of Directors of Hormel Foods Corporation, a global branded food company, today announced a 6 percent increase to the annual dividend to shareholders, marking the 56th consecutive annual dividend increase.

The annual dividend on the common stock of the corporation was raised to $1.04 per share from $0.98 per share...

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Nov 23 8:46 AM, General News


Nowadays Plant-Based Chicken Nuggets Launch Nationwide

Having gained a passionate and dedicated fan base with their initial launch in California, the plant-based meat company Nowadays is now bringing their craveable chicken nuggets nationwide for the first time. Nowadays nuggets are crispy, juicy and packed with flavor, closely mimicking real chicken, but thanks to the company's proprietary technology, are made with a simple list of only seven sustainably sourced and recognizable ingredients, including organic yellow peas. Nowadays nuggets are GMO-free, soy-free, and 100% plant-based. Nowadays also uses no binders, thickeners, or artificial ingredients in their...

 

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Nov 23 7:55 AM, General News


Natural Grocers® Scales High-Quality Product Sourcing with RangeMe

Natural Grocers® is partnering with RangeMe, the industry standard online product sourcing platform for retailers and suppliers, to streamline the search for innovative products that meet their high-quality standards for customers.

"Our new partnership with RangeMe will help immensely in streamlining Natural Grocers' vendor submission program," explained Laura Perkins, Natural Grocers Vice President of Purchasing. "The digitization of the process means that before samples are even sent we can quickly see which vendor submissions meet our high-quality standards. The efficiency this brings to our process helps..."

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Nov 22 9:19 AM, General News


Planterra Foods Reveals First-of-its-Kind Plant-Based Chicken Cutlet

Colorado-based Planterra is expanding its line of plant-based proteins to help consumers eat their best with the first True Bite™ Plant-Based Chicken Cutlet on the market from brand OZO™, as well as their new Plant-Based Chicken Shreds. What makes True Bite™ Chicken Cutlet and Shreds unlike anything else on the market is the flavor and texture, which is comparable to that of real, whole muscle chicken. These first-of-its-kind vegan and plant-based protein options will hit...

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Nov 22 7:58 AM, General News


Walmart Serves Up Savings on Thanksgiving Meal

As we approach our second holiday season since the pandemic began, concern over rising costs and short supply has stirred up a conversation centered on uncertainty about the Thanksgiving meal. But amidst it all, here’s what we’re certain of: Walmart is ready. We planned early for Thanksgiving, and we’re setting the table with savings, assortment and convenience.

Five Years of Savings on Thanksgiving Dinner
This year, customers shopping Walmart for their Thanksgiving meal can expect to save more than $14 (or nearly 28%) compared to the national average price reported by the...

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Nov 19 8:00 AM, General News


This Week in Retail: Where’s the Turkey?

The countdown to Thanksgiving is winding down with only one week to go! More families are planning holiday gatherings this year following the pared-down festivities in 2020 due to the pandemic.

Typically, Thanksgiving is one of the biggest food holidays of the year. For some shoppers, the star of the show—turkey—has been harder to find because of supply chain interruptions that are affecting the production, further processing, and transportation of America’s beloved Thanksgiving centerpiece.

The American Farm Bureau Federation recently released its annual survey of Thanksgiving dinner costs, showing the price for a 16-pound turkey this year at $23.99. That figure is up about $1.50 per pound or 24% from last year. According to AFBF, a Thanksgiving feast for ten is $53.31 or less than $6.00 per person, up 14% from last year’s average of $46.90...

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Nov 18 9:57 AM, UB Newswires


Taste Republic Introduces Ravioli featuring Plant-Based Sausage from Beyond Meat®

Taste Republic continues to push what's possible for gluten-free pastas with the introduction of "Plant-Based Sausage Ravioli," featuring plant-based Beyond Sausage® Italian Crumbles from Beyond Meat® and Wisconsin cheese.

With a focus on making gluten-free pastas that go head-to-head with traditional pasta's taste and texture, Taste Republic found the perfect plant-based protein option in Beyond Meat's delicious and nutritious Beyond Sausage.

Crafted to look, sizzle and satisfy like animal-based pork, Beyond Sausage is made with simple...

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Nov 18 8:00 AM, General News


Impossible Foods Expands in Retail with New Impossible™ Meatballs Made From Plants

Today, California-based Impossible Foods is debuting Impossible Meatballs Made From Plants, the company’s third new retail product in four months, as it continues to expand its presence on grocery store shelves.

Earlier this year, Impossible Foods launched ImpossibleTM Sausage Made From Plants and ImpossibleTM Chicken Nuggets Made From Plants in grocery stores and supermarkets nationwide. The company also dramatically expanded retail availability of its flagship product, ImpossibleTM Burger, which is now available in about 22,000 grocery retail locations.

Available at Walmart stores starting this...

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Nov 17 8:22 AM, General News


Survey Says Americans Want Chicken on their Friendsgiving Plates

Please pass the…chicken! As Americans kick-off the holiday season, many are also gearing up for Friendsgiving – a moment to appreciate our friends that matter most. And this year, friends are choosing chicken as their Friendsgiving centerpiece.

A recent survey of more than 1,000 people across America revealed 65% of people who celebrate Friendsgiving want chicken during the holidays and 77% want to create new traditions, which may include anything from who is at the table to decorations to games played. More than two thirds want...

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Nov 17 8:00 AM, General News


This Week in Retail: Gearing Up for Thanksgiving 

With Thanksgiving just two weeks away, some households are proactively stocking up on holiday staples amid ongoing interruptions in the production and transportation of many commodities.

Frozen turkeys make up 89.3 percent of turkey ads this week—up from 52.1 percent the previous week. Feature prices for frozen turkey are in a wide range from 55 cents to $1.19 per pound. 

Typically, retailers will use whole turkeys as loss leaders during the holidays in order to increase customer traffic. That may be harder for grocers to do this year due to persistent snags in the supply chain. Amplifying the logistical issues affecting global trade such as a lack of labor and port bottlenecks is historically tight levels of whole turkeys in cold storage.

USDA reported total whole frozen turkeys in cold storage at the end of September at 258.4 million pounds, the lowest level for that month since 2006. At present, nearly all weight categories for whole turkeys, whether young hens or young toms, are quoted at all-time highs. Urner Barry’s benchmark quotation for young toms, East, frozen, 18 pounds is $1.43 per pound, a record high and up 27.7% from the prior five-year average...

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Nov 11 8:06 AM, UB Newswires


Publix Announces Two Officer Promotions

Today Publix CEO Todd Jones announced two officer promotions, effective Jan. 1, 2022, to support the company’s growth.

Chris Mesa, Director of Tax and Treasury, will be promoted to Vice President and Controller. Mesa, 51, began his career in 1986 in Tampa, Florida, as a front service clerk. In 1993, he transferred to support as a clerk in the treasury department. He worked in various positions within tax and treasury before being promoted to senior tax manager in 2004, director of tax in 2015 and to his current position in 2018...

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Nov 11 8:00 AM, General News


Buitoni and Impossible Foods Launch First-of-its-Kind Ravioli in Two Flavors

Buitoni and Impossible Foods today announced the debut of the first-ever ravioli filled with Impossible Foods' award-winning plant-based meat products at retail. Available in the refrigerated pasta aisle, the Buitoni ravioli comes in two varieties – Impossible™ Beef Made From Plants and Impossible™ Italian Sausage Made From Plants – both featuring a three-cheese blend of ricotta, Grana Padano and Parmesan for a quick, delicious family-friendly dinner. The new ravioli will initially roll out in select grocery stores nationwide, including Publix, Sam's Club...

 

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Nov 11 8:00 AM, General News


Applegate Farms LLC Presents New APPLEGATE NATURALS® Spicy Breaded Chicken Tenders and Bites

Applegate Farms LLC, the nation's leading natural and organic meat brand, today announced two new additions to its APPLEGATE NATURALS® Breaded Chicken line that's sure to bring the heat: APPLEGATE NATURALS® Spicy Breaded Chicken Breast Bites and APPLEGATE NATURALS® Spicy Breaded Chicken Tenders.

"From Nashville hot chicken to hot honey, Americans are craving the heat, and we're excited to put our own spin on it through our new bites and tenders," said Nicole Glenn, Vice President of Brand Strategy & Innovation at Applegate...

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Nov 10 8:00 AM, General News


Maple Leaf Foods Reports Third Quarter 2021 Financial Results

Maple Leaf Foods Inc. today reported its financial results for the third quarter ended September 30, 2021.

"Our meat protein business delivered exceptional results in the third quarter," said Michael H. McCain, President and CEO of Maple Leaf Foods. "Our revenue grew by over 13% and our Adjusted EBITDA grew by 22%, driven by a 90 bps improvement in margin to 13.0%, the result of outstanding execution of our strategies to become the most sustainable protein company on earth. I am grateful for the tireless commitment of our teams who are..."

 

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Nov 4 8:16 AM, General News


Applegate Farms, LLC Introduces the DO GOOD DOG™ Hot Dog

Applegate Farms, LLC, the nation’s leading natural and organic meat brand, today announced the launch of the DO GOOD DOG™ hot dog, the first nationally available hot dog made with beef raised on verified regenerative U.S. grasslands. Beef for the DO GOOD DOG™ hot dog comes from SunFed Ranch® in Northern California and boasts the Savory Institute’s Land to Market Seal, the world’s first regenerative sourcing verification.

The DO GOOD DOG™ hot dog is Applegate’s latest evolution of the humble hot dog and is an 

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Nov 4 8:04 AM, General News


Predictive Grocery Delivery Service Jupiter Expands to California, Nevada, Oregon and Washington

Jupiter, the predictive grocery delivery company, today launched across California, Nevada, Oregon, and Washington after a successful pilot in the San Francisco Bay Area. The expansion increases Jupiter’s potential customer base by more than 7x, with the opportunity to reach more than 11 million households across the Western United States.

Jupiter is the next generation of grocery delivery, tackling the mounting numbers of hours spent finding recipes, meal planning, and grocery shopping. Jupiter’s goal is to streamline the process, relieve pressure on the people responsible for putting food...

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Nov 4 7:57 AM, General News


Hormel Foods Announces the Advancement of Wendy A. Watkins

Global branded food company Hormel Foods Corporation today announced the advancement of Wendy A. Watkins to the new post of senior vice president and chief communications officer for the company's worldwide operations.

"As more organizations focus on ESG initiatives, Hormel Foods is proud of the work we have done as one of world's top corporate citizens, leading with transparency, integrity and trust with our stakeholders in all that we do," Snee said. "Since joining Hormel Foods six years ago, Wendy has built a world-class communications team and elevated the global..."

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Nov 2 12:58 PM, General News







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