In the wake of the terrorist attacks on September 11, the member companies of the Grocery Manufacturers of America (GMA) continue efforts to provide major financial contributions as well as truckloads of food, beverages and other essential needs for the victims of this tragedy.
Nash Finch Company (Nasdaq: NAFC - news), a Minneapolis-based food retailer and distributor, today announced the company has gained the business of several market-leading customers representing $70 million in sales on an annual basis.
Just about everybody thinks IT ought to merit major investment but many fewer CPG exec believe their companies are putting their money where their mouth is, according to a research report issued yesterday by the Grocery Manufacturers Association.
Albertson's Inc., one of the world's largest food and drug retailers, on Tuesday reported second-quarter earnings that exceeded both company guidance and First Call consensus estimates. Sales in the quarter totaled almost $9.6 billion.
Kraft Foods Inc. (NYSE: KFT - news), a global leader in branded foods and beverages, today announcedthat it has purchased the It's Pasta Anytime! convenient meal business and certain assets from Borden Foods Corporation.
McCain Foods Limited will acquire the production facilities and food service business of Anchor Food Products Inc. in a three-party transaction. H.J. Heinz Company will purchase the company's branded products sold to retail outlets, including supermarkets and club stores.
Bread & Circus Whole Foods Market, the world's largest natural and organic foods supermarket, will open its third store in Cambridge on Aug. 22. Located at 340 River Street (just off Memorial Drive), the state-of-the-art natural foods supermarket is the company's largest in Massachusetts.
Mott's Inc., a wholly-owned subsidiary of London-based Cadbury Schweppes plc, announced on Tuesday it had agreed to acquire the ReaLemon and ReaLime brands and related assets from Eagle Family Foods Inc. for $128 million.
Nash Finch Company on Monday announced its completed acquisition of U Save Foods Inc. through a purchase of U Save's capital stock. Headquartered in Omaha, Neb., U Save Foods was a privately-held company with 14 supermarkets operating in Nebraska, Kansas and Colorado.
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