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A conflict has existed for too long between CPGs and retailers over huge, yet notoriously low performing, trade funds (also…
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While an improving economy with strengthening consumer confidence would normally suggest growth for consumer packaged goods manufacturers (CPGs), this does not appear to be the case, according to marketing agency Acosta’s latest Hot Topic Report.
Club store chain operator Costco is “quietly removing” tobacco SKUs this year, having begun reducing the presence of cigarettes at some of its U.S. stores three or four years ago, according to business news website TheStreet.com.
Food Lion, a supermarket banner of Brussels-based Delhaize Group that operates in the Mid and South Atlantic, said it will remodel 142 stores in the greater Charlotte, N.C., market this year, investing $215 million.
Grocery operator Kroger announced its plans to expand the presence of its Fry's Food Stores banner in Arizona with the addition of seven stores in 2016, costing $260 million.
Better-for-you food manufacturer Boulder Brands, acquired in January by Pinnacle Foods, could serve as a “springboard” for its new owner to acquire smaller natural and organic companies, according to The Denver Post, which quoted Pinnacle’s CEO, Bob Gamgort.
Packaged goods manufacturer Campbell Soup Co. is investing $125 million in its venture capital project to fund food startups at the front of food trends, reported the Wall Street Journal.
Mother’s Market & Kitchen, a Southern California grocery chain with seven stores in Orange County, said it “selected and partnered” with investment firm Mill Road Capital.