Hillshire Brands withdraws merger with Pinnacle Foods
The Hillshire Brands Co. has announced that its board of directors has unanimously determined to withdraw its recommendation of the pending acquisition of Pinnacle Foods Inc. IFT Daily News
Author: R. Daneel Olivaw
Leonard Green, CVC to purchase Advantage Sales
Advantage Sales & Marketing will soon be under new ownership. Apax Partners said it would be selling its majority interest to equity firms Leonard Green & Partners and CVC Capital … Continue Reading →
The Lempert Report: Facing the future with Millennials (video)
The Lempert Report shares a BizJournals.com report on three ways the Millennial generation is changing the landscape of food — all of which can be adapted for supermarkets. read more … Continue Reading →
Instacart raises $44M, will accelerate rollout
Fast growing grocery delivery company Instacart said Monday that it has raised $ 44 million in a Series B financing led by tech investors Andreeson Horowitz. read more Supermarket News
PCC seeking new CEO as Wolpert departs
Seattle-based natural co-op PCC Natural Markets said its board has begun a search for a new CEO to replace Tracy Wolpert, who has left the company to pursue other interests. … Continue Reading →
Analysts: Food consumption picture unclear
The amount of food being consumed in the U.S. is actually declining, according to Dollar General CEO Richard Dreiling, although some analysts said his observations might really indicate a shift … Continue Reading →
Diet higher in protein may lower stroke risk
A study published in Neurology shows that people with diets higher in protein, especially from fish, may be less likely to have a stroke than those with diets lower in … Continue Reading →
Regional Report: Drive-through c-stores expand
Consumers have come to rely on drive-throughs for their coffee, burgers, even dry-cleaning and prescriptions. Now in the Midwest, some convenience-store retailers are exploring installing drive-through capabilities as a way … Continue Reading →
Ardent Mills begins operations
Ardent Mills, a premier flour-milling company supported by 40 mills, three bakery mix facilities, and a specialty bakery, officially began operations recently. IFT Daily News