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Sysco Announces CEO Succession Plan
HOUSTON, July 17, 2017 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) (the “company”) today announced that chief executive officer, Bill DeLaney, will be succeeded as CEO by Tom Bené, currently president and chief operating officer. Bené will become president and chief executive officer effective January 1, 2018, and will join Sysco’s board of directors. DeLaney will serve as an advisor to Bené through December 31, 2018. Jackie Ward, chairman of Sysco’s board, said, “Today’s announcement represents the successful culmination of the board’s long-range leadership succession planning process and will result in an orderly transition. The board is confident that our plan ...
Brennan's Market to Close After 75 Years
MADISON, Wis., July 12, 2017 /PRNewswire/ -- In 1942, when Frank Brennan opened his road-side fruit stand in Monroe, Wisconsin, he wasn't aware his legacy would last for 75 years.  Unfortunately, due to changing consumer habits and increased competition, Brennan's Market will be closing all stores September 30, 2017. Brennan's Market, with five retail locations and cheese warehouse & packaging facility, employs 150 full and part-time workers. The Brookfield, WI location is being sold but will remain open along with the other stores.  As of now, there are no firm plans for the sale of the remaining properties but all stores ...
2018 Good Food Award Entry Period Now Open
San Francisco, CA (July 5, 2016) – Today marks the launch of a coast-to-coast call for entries of beer, charcuterie, cheese, chocolate, cider, coffee, confections, honey, fish, oils, pantry, pickles, preserves, spirits and (new this year) elixirs. The Good Food Awards celebrates the kind of food we all want to eat: tasty, authentic and responsibly produced. As the only national initiative to recognize food crafters who excel in both taste and sustainability, we anticipate over 2,000 entries from all fifty states. Over 250 food crafters, grocers, chefs, journalists and pioneers of the food movement will serve on this year’s judging panel, ...
Danone announces sale of Stonyfield to Lactalis
Paris, France - July 3rd, 2017 - Danone has entered into a binding agreement with Lactalis to sell Stonyfield, one of its U.S. dairy subsidiaries, for a purchase price of $875 million, representing 20 times its EBITDA in 2016. Stonyfield generated approximately $370 million in turnover in 2016. The divestiture is part of the agreement reached on March 31st, 2017 with the U.S. Department of Justice ("DOJ") in connection with Danone's recently closed acquisition of WhiteWave. The closing of the divestiture is subject to customary conditions, including final approval by the DOJ, and is expected in the third quarter of ...
GIANT To Begin Offering Same-Day Delivery Grocery Service In Greater Philadelphia With Instacart
GIANT Food Stores, LLC, the supermarket committed to helping its customers save money, save time and eat well, and Instacart, Inc., the technology-driven, nationwide on-demand grocery delivery service, today announced plans to bring same-day delivery to GIANT shoppers in the Philadelphia area. "This partnership with Instacart gives our customers in the greater Philadelphia area another convenient delivery option," said Tom Lenkevich, president of GIANT. "From quality to convenience, our job is to provide the best possible experience for our shoppers, and now that includes providing them with a same-day delivery solution." "Instacart has always been about bringing customers' favorite stores, ...
Sherm’s Thunderbird Markets Wins Unified Grocers’ 2017 Ben Schwartz Retail Grocery Visionary Award
COMMERCE, Calif., June 15, 2017 (GLOBE NEWSWIRE) -- Sherm’s Thunderbird Markets was announced as the recipient of Unified Grocers’ 2017 Ben Schwartz Retail Grocery Visionary Award at a special luncheon held today in Medford, Oregon. The award is named after Ben Schwartz, former Unified Chairman of the Board and nationally recognized retail visionary. Schwartz celebrates his 100th birthday next month. The award that carries Ben’s name is presented to an independent retail grocer or grocery company that’s a leader and innovator in the retail grocery industry and a pillar of their local community. It recognizes retailers who have consistently demonstrated ...
Amazon to Acquire Whole Foods Market
SEATTLE and AUSTIN, Texas, June 16, 2017 (GLOBE NEWSWIRE) -- Amazon (NASDAQ:AMZN) and Whole Foods Market, Inc. (NASDAQ:WFM) today announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods Market’s net debt. “Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy,” said Jeff Bezos, Amazon founder and CEO. “Whole Foods Market has been satisfying, delighting and nourishing customers for nearly four ...
Stop & Shop to Begin Offering Same-Day Delivery in Boston with Instacart
SAN FRANCISCO, June 12, 2017 /PRNewswire/ -- The Stop & Shop Supermarket Company LLC and Instacart, Inc., the technology-driven, nationwide on-demand grocery delivery service, today announced plans to bring same-day delivery to Stop & Shop customers in the city of Boston. Stop & Shop customers can use instacart.com or the Instacart app to fill their virtual carts with their favorite Stop & Shop products, select a delivery window – within one hour, two hours or up to seven days in advance – and Instacart's shoppers will do the rest! "Our new partnership with Instacart is yet another example of how Stop ...
California Milk Processor Board Launches "California Thrives on Milk" Campaign
Recognizing that nutrition education leads to healthier food choices and in support of National Dairy Month in June, the California Milk Processor Board (CMPB) is launching "California Thrives on Milk," a month-long series of free educational wellness events in select underserved communities that show a marked rate for "food insecurity" across the state. California's Rising Rate of "Food Insecurity" According to the California Association of Food Banks, while California produces nearly half of the nation's fruit and vegetables, 1 in 8 Californians – 5.4 million - struggle with food insecurity.   "Food insecurity" is defined as the occasional or constant lack ...
Survey: Nutrition Information Abounds, But Many Doubt Food Choices
Washington, DC, May 16, 2017 (GLOBE NEWSWIRE) -- Americans are consuming food information from more sources than ever before, yet our nutritional literacy is sorely lacking—and our health may be suffering as a result. Those are among the findings of the International Food Information Council Foundation’s 12th Annual Food and Health Survey. “As in previous years, the Food and Health Survey has shown that Americans feel overwhelmed by conflicting food and nutrition information,” said IFIC Foundation CEO Joseph Clayton. “But this year, we’re finding troubling signs that the information glut is translating into faulty decisions about our diets and health.” ...
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