Save-A-Lot sales pace Supervalu Q2
A focus on perishables at Save-A-Lot is driving results for parent Supervalu. read more Supermarket News
Author: R. Daneel Olivaw
Ingredion acquires Penford for $340 M
Ingredion Inc., a global provider of ingredient solutions to diversified industries, has entered into a definitive agreement to acquire Penford Corp., a U.S.-based manufacturer of specialty ingredients for food and … Continue Reading →
Cutrale-Safra raises bid to acquire Chiquita to $600 M
Cutrale-Safra has announced its definitive offer to acquire all the outstanding stock of Chiquita Brands International Inc. for $ 14 per share in cash, or about $ 600 million. IFT … Continue Reading →
Gallery: Walmart on stage
Wal-Mart Stores this week welcomed dozens of financial analysts and hundreds of investors to its Bentonville, Ark., headquarters to present the company’s financial picture and growth strategy. read more Supermarket … Continue Reading →
IFT, FutureFood 2050 celebrate World Food Day
The Food and Agricultural Organization (FAO) of the United Nations has designated October 16 of each year as World Food Day. IFT Daily News
Safeway net income drops, sales rise for Q3
As Safeway nears the completion of its merger with Albertsons, the company said net income fell as a result of a series of one-time charges while sales increased for the … Continue Reading →
Walmart’s Foran pledges attention to detail
In his first public remarks since taking charge of Wal-Mart Stores’ U.S. business, Greg Foran said Wednesday, the retailer could turn around flat sales at U.S. stores in part by … Continue Reading →
Northgate shoppers get first chance to view Latino series
Northgate Gonzalez Market, Anaheim, Calif., is offering customers a first look at the animated series, “Muertoons,” which centers around the Mexican holiday Dia de los Muertos (Day of the Dead). … Continue Reading →
Will customers trust you with their data?
With customers increasingly seeking more control over the data they share and with whom, retailers will need to demonstrate to customers that they can be trusted with their data. read … Continue Reading →
Omega Brands purchases assets from Mycell Technologies
Omega Brands Corp. has entered into a definitive agreement with Mycell Technologies LLC to purchase certain specified assets related to the branded omega-3 infused beverages and nutritional shots sold under … Continue Reading →