Content about Food HBC & Consumables

July 30, 2014

The International Dairy-Deli-Bakery Association (IDDBA) has named former HEB executive Michael J. Eardley as its new president and CEO. Eardley succeeds Carol Christison, who passed away in March, after leading the association for 31 years.

The International Dairy-Deli-Bakery Association (IDDBA) has named former HEB executive Michael J. Eardley as its new president and CEO. Eardley succeeds Carol Christison, who passed away in March, after leading the association for 31 years.

Eardley will join the IDDBA on August 25 from HEB Grocery Company in San Antonio, Texas, where he has worked for the past 13 years in various roles with increasing responsibility, becoming the director of deli, cheese and prepared foods in 2009.

July 30, 2014

Same store sales continue to decelerate at Whole Foods as the nation’s leading natural and organic grocer continues to face traffic and ticket pressures caused by upstart rivals and established competitors.

Same-store sales continue to decelerate at Whole Foods as the nation’s leading natural and organic grocer continues to face traffic and ticket pressures caused by upstart rivals and established competitors.

July 29, 2014

Hormel Foods Corporation has elected three new members to its board of directors: Gary C. Bhojwani, chairman of Allianz Life Insurance Company of North America; Sally J. Smith, president and CEO of Buffalo Wild Wings; and Steven A. White, president, Comcast West Division.

Hormel Foods Corporation has elected three new members to its board of directors: Gary C. Bhojwani, chairman of Allianz Life Insurance Company of North America; Sally J. Smith, president and CEO of Buffalo Wild Wings; and Steven A. White, president, Comcast West Division.

“We welcome Gary, Sally and Steve to our board and look forward to their valuable input and contributions to the growth and success of Hormel Foods,” said Jeffrey M. Ettinger, chairman of the board, president and CEO of Hormel Foods.

July 28, 2014

In the lead-up to the 2014 Budweiser Made in America Festival, the beer company has launched a web series to find an act to add to the festival’s lineup in Los Angeles.

In the lead-up to the 2014 Budweiser Made in America Festival, the beer company has launched a web series to find an act to add to the festival’s lineup in Los Angeles.  
 
The MADE Underground series — produced by Vice’s music arm, Noisey —follows a Brooklyn band, X Ambassadors, and London street musician, Jamie N. Commons, as they look in cities like St. Louis, Seattle, Rio de Janeiro and Athens.

July 25, 2014

After 40 years in the beer business, Molson Coors Brewing Company president and CEO Peter S. Swinburn is retiring from the company and its board of directors on December 31. The board has named Mark R. Hunter, currently CEO and president of Molson Coors Europe and a 25-year industry veteran, as his successor.

After 40 years in the beer business, Molson Coors Brewing Company president and CEO Peter S. Swinburn is retiring from the company and its board of directors on December 31. The board has named Mark R. Hunter, currently CEO and president of Molson Coors Europe and a 25-year industry veteran, as his successor.

July 25, 2014

PepsiCo announced that James Schiro has resigned from the company's board of directors for health reasons, effective immediately.

PepsiCo announced that James Schiro has resigned from the company's board of directors for health reasons, effective immediately.

Schiro is the former CEO of both Zurich Financial Services and PricewaterhouseCoopers. He was elected to PepsiCo's board of directors in 2003 and served as the company's presiding director from May 2010 to May 2013. Most recently, Schiro served on PepsiCo's nominating and corporate governance committee and its compensation committee.

July 25, 2014

Protein is the hot nutritional trend these days and Quest Nutrition has found a way to create a first-of-its-kind baked chip with 21 grams of protein per serving.

Protein is the hot nutritional trend these days and Quest Nutrition has found a way to create a first-of-its-kind baked chip with 21 grams of protein per serving.

The company bills its new Quest Protein Chips as the world’s first high-protein snack potato chip and contends the product offers a revolutionary potato chip experience. The chips are actually good for people, according to the company, as opposed to simply being less bad than other snacks high in fat and salt.

July 24, 2014

Despite a still-challenging economic climate, Loblaw’s profit in the second quarter beat analysts’ expectations, and was bolstered by strong sales in its recently acquired Shoppers Drug Mart.

Despite a still-challenging economic climate, Loblaw’s profit in the second quarter beat analysts’ expectations, and was bolstered by strong sales in its recently acquired Shoppers Drug Mart.

Sales at the pharmacy and beauty retailer, which contributed to Loblaw’s net sales for the first time this quarter, accounted for more than a quarter of the food retailer’s total sales of C$10.31 billion in the quarter.

July 24, 2014

Rite Aid has appointed former Roundy’s executive Darren Karst as EVP and CFO, effective Aug. 20, to succeed Frank Vitrano, who has announced he will retire in Sept. 2015. Karst will report to Rite Aid’s chairman and CEO John Standley.

Rite Aid has appointed former Roundy’s executive Darren Karst as EVP and CFO, effective Aug. 20, to succeed Frank Vitrano, who has announced he will retire in Sept. 2015. Karst will report to Rite Aid’s chairman and CEO John Standley.

Karst will be responsible for all aspects of the company’s finance, accounting, treasury, tax, investor relations, legal, risk management, internal assurance and asset protection functions.

July 24, 2014

Toilet paper company Scott is offering two customers the opportunity to win $25,000 bathroom makeovers. The company’s “Pic to Win” sweepstakes is also the brand’s first time partnering with AJ Allmendinger, who drives Scott’s number 47 car for NASCAR.

Toilet paper company Scott is offering two customers the opportunity to win $25,000 bathroom makeovers. The company’s “Pic to Win” sweepstakes is also the brand’s first time partnering with AJ Allmendinger, who drives Scott’s number 47 car for NASCAR.
 
Contestants enter the sweepstakes by taking a photo of their bathroom that needs a makeover and uploading it to Scott’s contest picture gallery. Eight contestants who don’t win the grand prizes will win pit-level tickets to see a NASCAR race
 

July 24, 2014

Walgreens president of pharmacy, health and wellness Kermit Crawford is leaving the company after 31 years to take on new opportunities, including continuing to serve as a senior counselor to Walgreens president and CEO Greg Wasson.

Walgreens president of pharmacy, health and wellness Kermit Crawford is leaving the company after 31 years to take on new opportunities, including continuing to serve as a senior counselor to Walgreens president and CEO Greg Wasson.

July 24, 2014

Supervalu posted $5.23 billion in net sales for the first quarter, a decrease of 0.1% from $5.24 billion last year; but president and CEO Sam Duncan expressed confidence in the company’s performance, saying it is off to a solid start across business segments.

Supervalu posted $5.23 billion in net sales for the first quarter, a decrease of 0.1% from $5.24 billion last year; but president and CEO Sam Duncan expressed confidence in the company’s performance, saying it is off to a solid start across business segments.

“Our first quarter results reflect the investments we are making this year to position the company for future success and I am pleased with our operating performance,” said Duncan.

July 22, 2014

FreshDirect has tapped longtime public employee Larry Scott Blackmon as the grocery delivery company’s VP, community and government affairs.

FreshDirect has tapped longtime public employee Larry Scott Blackmon as the grocery delivery company’s VP, community and government affairs.  
 
In his new position, Blackmon will work to build and expand the company’s community partnerships — especially in New York City’s Bronx borough, where FreshDirect is relocating its office.
 

July 22, 2014

Walgreens announced the new Balance Rewards for healthy choices initiatives, which is aimed at helping participants modify behavior risk factors associated with the nation's most pressing public health issues. The initiative marks the first community pharmacy program that includes training based on the methodology of psychologist Dr. B.J. Fogg.

Walgreens announced the new Balance Rewards for healthy choices initiatives, which is aimed at helping participants modify behavior risk factors associated with the nation's most pressing public health issues. The initiative marks the first community pharmacy program that includes training based on the methodology of psychologist Dr. B.J. Fogg.

July 21, 2014

Imagine a lifelong Procter & Gamble employee suddenly named CEO of Walmart and that is essentially what happened at leading global retail Tesco where the company has named long time Unilever executive Dave Lewis as its next CEO.

Imagine a lifelong Procter & Gamble employee suddenly named CEO of Walmart and that is essentially what happened at leading global retail Tesco where the company has named long time Unilever executive Dave Lewis as its next CEO.

July 18, 2014

Dr Pepper Snapple Group has entered into a three-year sponsorship agreement with the San Francisco Giants that will give Snapple pouring rights and bring Snapple Tea and Juice drink flavors to AT&T Park.

Dr Pepper Snapple Group has entered into a three-year sponsorship agreement with the San Francisco Giants that will give Snapple pouring rights and bring Snapple Tea and Juice drink flavors to AT&T Park.

July 17, 2014

Heineken Light’s most recent ad campaign, "Best Tasting Light Beer," features three-time Emmy award-winner and Tony award-winner and host Neil Patrick Harris.

Heineken Light’s most recent ad campaign, "Best Tasting Light Beer," features three-time Emmy award-winner and Tony award-winner and host Neil Patrick Harris.  

The reformulated Heineken Light recipe still contains just 99 calories but now includes cascade hops, commonly used in IPAs to create a fuller flavor, crisper aftertaste and a clean finish, the company said.

July 17, 2014

Rising commodity costs and expense pressures prompted Hershey to announce an 8% increase in wholesale prices as it looks to maintain profitability in 2014 and beyond.

Rising commodity costs and expense pressures prompted Hershey to announce an 8% increase in wholesale prices as it looks to maintain profitability in 2014 and beyond.

July 17, 2014

Loblaw’s board of directors has named executive chairman Galen G. Weston as president, effective immediately. Thomas O'Neill, lead independent director, confirmed the appointment as part of a series of management changes at the company.

Loblaw’s board of directors has named executive chairman Galen G. Weston as president, effective immediately. Thomas O'Neill, lead independent director, confirmed the appointment as part of a series of management changes at the company.

As executive chairman, Weston is responsible for setting the strategic direction of the company and leading the board. In assuming the role of president, Weston will also be responsible for the execution of the company's strategy, leadership of the management team and its overall business performance.

July 17, 2014

GoJo Industries, the makers of Purell Advanced Hand Sanitizer, have issued a challenge to consumers to adopt 30 days of healthy habits by joining the Purell Advanced 30-Day Challenge.

GoJo Industries, the makers of Purell Advanced Hand Sanitizer, have issued a challenge to consumers to adopt 30 days of healthy habits by joining the Purell Advanced 30-Day Challenge.
 

July 15, 2014

Fairway Market has doubled in size in the past three years and, to help further its growth strategy, it has renewed its Revionics Price Optimization license for three years and expanded the agreement to include the use of Revionics Promotion Optimization.

Fairway Market has doubled in size in the past three years and, to help further its growth strategy, it has renewed its Revionics Price Optimization license for three years and expanded the agreement to include the use of Revionics Promotion Optimization.

The partnership between Fairway Market and Revionics began more than two years ago. The company leverages Revionics’ solutions to manage and optimize its rapid growth across all product categories, including key value items (KVIs), the company said.

July 15, 2014

General Mills has inaugurated its first innovation, technology and quality center in China — part of its efforts to drive greater innovation and investment in one of its largest growth markets.

General Mills has inaugurated its first innovation, technology and quality center in China — part of its efforts to drive greater innovation and investment in one of its largest growth markets.  

July 14, 2014

It is one of the smaller acquisitions CVS Caremark has done, but the purchase of the 33-unit Miami-based Navarro Discount Pharmacy could have big implications.

It is one of the smaller acquisitions CVS Caremark has done, but the purchase of the 33-unit Miami-based Navarro Discount Pharmacy could have big implications.

CVS Caremark late Monday said it reached an agreement with Navarro, the largest Hispanic owned drugstore chain in the U.S., to acquire 33 stores and Navarro Health Services, a specialty pharmacy serving patients with complex or chronic diseases. CVS Caremark operates more than 7,600 stores, but said it will continue operating the acquired units under the Navarro banner.

July 14, 2014

Mylan has entered into a definitive agreement with Abbott whereby Mylan will acquire Abbott's non-U.S. developed markets specialty and branded generics business in an all-stock transaction.

Mylan has entered into a definitive agreement with Abbott whereby Mylan will acquire Abbott's non-U.S. developed markets specialty and branded generics business in an all-stock transaction.

Upon closing, Abbott will receive 105 million shares of the combined company worth approximately $5.3 billion based on Mylan's closing price of $50.20 on Friday, July 11, 2014, representing an approximately 21% ownership stake.
 

July 14, 2014

Unified Grocers has promoted Terry Bodwin to VP, chief human resources officer. She was previously VP, employee and labor relations.

Unified Grocers has promoted Terry Bodwin to VP, chief human resources officer. She was previously VP, employee and labor relations.

The appointment is part of a restructure designed to integrate and align all aspects of human resources company-wide. In her new role, Bodwin will report to Christine Neal, SVP, finance and treasurer.