Brynwood Partners Agrees to Acquire Take-And-Bake Pizza Business from ARYZTA North America
Brynwood Partners VIII L.P., announced today that its newly formed portfolio company, Great Kitchens Food Company Inc., has acquired ARYZTA North America’s take-and-bake pizza business. Terms and conditions of the […]
Read MoreRetailer Receives Prestigious “Silver Anvil” for Announcement of Plan to Donate 1 Billion More Meals
Food Lion has received the Public Relations Society of America’s (PRSA) prestigious “Silver Anvil Award” for the announcement of its hunger relief initiative’s plan to donate 1 billion more meals to feed […]
Read MoreDollar General Corporation Reports Third Quarter 2020 Results
Dollar General Corporation reported financial results for its fiscal year 2020 third quarter (13 weeks) ended Oct. 30, 2020. Net Sales Increased 17.3 percent; Same-Store Sales Increased 12.2 percent Operating […]
Read MoreAldi’s Deliveroo Experiment Reveals Christmas E-commerce Potential for Discounters
As e-commerce and delivery ramp up – due to Christmas, Covid-19 and lockdowns – German discounter, Aldi, has expanded its tie-up with Deliveroo to almost 130 of its 900 stores […]
Read MoreWalmart Announces More Than $700 Million in Additional Associate Bonuses, Tops $2.8 Billion in Total Cash Bonuses to Associates in 2020
Walmart today announced more than $700 million in additional cash bonuses to its U.S.-based associates. The company’s latest bonus announcement includes $319 million in quarterly bonuses paid in associates’ Nov. […]
Read MoreWinCo Foods Partners with Afresh Technologies to Reduce Food Waste and Drive Profits Chain-Wide
Afresh, the artificial intelligence-powered fresh replenishment platform and WinCo Foods announced a partnership today in which WinCo Foods is implementing Afresh’s software across their entire chain of grocery stores. In […]
Read MoreDrizly Study of Independent Alcohol Retailers Shows Lofty Expectations for Holiday Sales
Drizly, the nation’s first and largest alcohol e-commerce marketplace, released its second annual monitor of North America’s independent alcohol store owners and managers, providing an in-depth look at the experience […]
Read MoreSunsweet Growers Inspires Sharing of Feel-Good Holidays by Baking with Gratitude
With the holidays looking different this year, Sunsweet Growers is hoping to inspire households with new recipes to create feel-good moments all season long. Warm up your home with delicious […]
Read MoreHershey Inspires Holiday Baking with New Sugar Cookie Blossoms Recipe
Hershey is introducing a new Blossoms cookie, the Holiday Sugar Cookie Blossoms, to spark festive cookie baking this year. With a sugar cookie base and the recently released Hershey’s Kisses […]
Read MoreKroger Reports Third Quarter 2020 Results and Raises Full-Year 2020 Guidance
Third Quarter Highlights – Identical Sales without fuel grew 10.9 percent – Digital sales grew 108 percent – EPS of $0.80; Adjusted EPS of $0.71, up 51 percent compared to […]
Read More