Glanbia acquires SlimFast for $350 million
On Oct. 11, 2018, food and consumer-focused private equity firm Kainos Capital announced it would sell its portfolio company SlimFast and sister company HNS to California-based Glanbia plc for $350 […]
Read MoreSears faces bankruptcy with three days to secure $134 million debt repayment
By Monday, Oct. 15, Sears Holdings, which owns Sears and Kmart, will have to come up with $134 million, a debt the company has admitted it may not be able […]
Read MoreKroger, Home Chef debut weekly rotating meal kits
On Oct. 10, 2018 Kroger and Home Chef announced the launch of weekly rotating in-store meal kits at Kroger Family of Stores in select locations. The company will also roll […]
Read MoreUber to enter the grocery space
After its restaurant delivery business Eats hit $6 billion in early in 2018 with a growth of more than 200 percent, Uber CEO Dara Khosrowshahi believes the next logical step […]
Read MoreWhole Foods and June cook up more convenience for customers
Amazon has found yet another way to integrate technology to make its services more convenient for consumers. On Oct. 9, 2018, Amazon-owned Whole Foods partnered with the company that pioneered […]
Read MoreSears appoints new independent director
On Oct. 9, 2018, Sears Holdings Corporation announced that Alan J. Carr, the managing member and CEO of Drivetrain, LLC, has joined the company’s Board of Directors. Carr is an […]
Read MoreJoseph McQuesten promoted to Senior Vice President for Center Store and Fresh Merchandising at SpartanNash
On Oct. 8, 2018 SpartanNash announced it had promoted its VP for Center Store Merchandising, Joseph McQuesten, to Senior Vice President, Center Store and Fresh Merchandising. The change is effective […]
Read MoreTops Markets promotes Justin Rowe
On Oct. 8, 2018 Tops Friendly Markets announced the promotion of Justin Rowe to Category Business Manager, overseeing produce. Rowe has worked with Tops for 19 years and has experienced […]
Read MoreCarlos Altschul replace Bart Adams as siggi’s new CEO
On Oct. 4, 2018, Icelandic-style yogurt maker siggi’s named Carlos Altschul as the company’s president and CEO. Altschul replaces Bart Adlam, who left siggi’s to pursue another opportunity. Altschul previously […]
Read MoreTakeoff Technologies, Sedano’s to launch ‘world’s first robotic supermarket’
In a recent statement, Takeoff Technologies and Sedano’s Supermarkets announced a partnership that has enabled the launch of “the world’s first robotic supermarket.” Takeoff Technologies offers traditional retailers eGrocery solutions […]
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