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Harvest Hill Beverage Company, Owner of the Juicy Juice Brand, Has Acquired the Beverage Manufacturing Assets of Faribault Foods, Inc.
GREENWICH, Conn., Nov. 1, 2016 /PRNewswire/ -- Brynwood Partners VII L.P. announced today that its majority-owned portfolio company, Harvest Hill Beverage Company, has acquired the beverage manufacturing assets of Faribault Foods, Inc. Based in Stamford, CT, Harvest Hill was formed in June 2014 to acquire the Juicy Juice brand from Nestlé USA, Inc. Terms and conditions of the transaction, which closed today, will not be disclosed. Faribault Foods Inc.'s beverage assets include a state-of-the-art, SQF Level III-certified manufacturing plant in Elk River, MN, approximately 40 miles northwest of Minneapolis. Constructed in 2001, the plant serves as the leading private label supplier ... |
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Retail Feedback Group Study Reveals Mixed Results on Core Experience Factors Among Supermarket Shoppers
LAKE SUCCESS, N.Y., Nov. 2, 2016 /PRNewswire/ -- The Retail Feedback Group (RFG), a leader in providing actionable stakeholder feedback, today released the 2016U.S.Supermarket Experience Study. The research, now in its ninth year, found that supermarkets, on a five-point scale where five is highest, continue to generate high satisfaction among their shoppers, scoring an average of 4.39, as well as foster a strong referral rate with an average likelihood to recommend score of 4.48. Despite these high satisfaction and referral scores, an opportunity still exists to address lower scoring areas to grow loyalty and sales, which is especially important in today's ... |
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Highlander Partners Announces Acquisition of Hillside Candy
DALLAS, Nov. 7, 2016 /PRNewswire/ -- Highlander Partners, L.P., a leading middle-market private investment firm based in Dallas, Texas, today announced the acquisition of Hillside Candy ("Hillside"). Founded in 1945, Hillside is a manufacturer and marketer of a broad variety of premium organic, sugar-free and traditional confection products under the GoOrganic, GoLightly, Pick Your Color and Hillside Sweets brands. Products are sold direct and through distributors to grocery and drugstore chains, mass merchandisers, club stores, gourmet retailers, gift companies and other channels domestically and internationally. In addition, Hillside's capabilities include incorporating nutraceutical ingredients into confectionery delivery systems, a growing trend in ... |
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New Grocery Store to Focus on Food Sourcing
With the goal of building awareness about where food comes from, Market 5-ONE-5, a new supermarket planned for Sacramento, embraces the notion that food affects health. This new specialty grocery store is conceptualized from a farmer’s market with fresh products delivered daily. Located in the historic R Street neighborhood, the inaugural Market 5-ONE-5 is a new store concept built on three core values: organic, nutrition and education (ONE). “I want to go back to the basics and create a store that is reminiscent of a neighborhood corner market but with a focus on nutritious food at a fair value,” said ... |
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U.S. Seafood Consumption Rises
The average American ate nearly a pound more seafood in 2015 than he or she did the previous year, according to the National Oceanic and Atmospheric Administration. NOAA released the statistic along with its annual Fisheries of the United States report. It said per capita consumption of seafood grew to 15.5 pounds in 2015 from 14.6 pounds in 2014. The growth brought per capita consumption of seafood to its highest point since 2010, and it’s also the biggest jump of its kind in at least 25 years. The jump corresponds with a rise in catch, NOAA said. Fishermen brought 9.7 ... |
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Fiesta Celebrates 80th Anniversary with Exhibit at State Capitol
To commemorate Fiesta dinnerware’s anniversary, the West Virginia Division of Culture and History is hosting a special exhibit at the West Virginia Culture Center at the Capitol complex in Charleston, W.V. The exhibit kicked off in mid-October and will be on display for six months. An assortment of plates are featured throughout the exhibit, including a large wall on which “Fiesta” is spelled out in a mosaic pattern using broken pieces of the brand’s newest color, Claret. Other highlights include original pieces from 1936 and a Raspberry bowl that’s valued at thousands of dollars. Fiesta is made by The Homer Laughlin China Co., the ... |
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Philadelphia Gift, Candy Shows to Co-locate Again
Building upon the successful 2016 collaboration, Urban Expositions and the Retail Confectioners Association of Philadelphia (RCAP) will once again co-locate their events in January 2017. Expanding the cross-over business opportunities for buyers and vendors alike, RCAP's Philadelphia National Candy, Gift & Gourmet Show (Jan. 7-9), will return to the Philadelphia Expo Center in Oaks, Pa., to run alongside Urban Expositions' Philadelphia Gift Show (Jan. 6-9). Urban and the RCAP will each operate its show independently—utilizing one cohesive floor plan at the Greater Philadelphia Expo Center to ensure access between each event. In addition, each event will honor the other's badges for optimum ... |
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FoodBytes! Boulder Honors Food Startups
Rabobank, a global food and agribusiness bank, announced that Mad Agriculture, The Honest Stand and FarmRaiser have been awarded the top prizes during FoodBytes! Boulder, a pitch competition meets networking event that brings food, agribusiness and tech startups together with investors, executives and industry leaders. After having received more than 150 applications from around the world, 20 companies were selected to compete for the Judges’ Choice Award, the Peoples’ Choice Award and the Highly Commended Award, which took place at the University of Colorado Boulder at Folsom Fields’ Byron R. White Club. “In our industry, growth is spurred from innovation,” said ... |
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National Restaurant Association Announces Terry Erdle as Chief Revenue Officer
WASHINGTON, Oct. 24, 2016 /PRNewswire-USNewswire/ -- Today the National Restaurant Association announced the addition of Terry J. Erdle, as Chief Revenue Officer for the Association. In this newly created role, Erdle will oversee the Association's revenue-generating activities, including the NRA Show, ServSafe, National Registry, sponsorships and strategic alliances. "As the nation's leading foodservice trade association, we are constantly looking to develop and expand our innovative solutions for America's one million restaurants," said Dawn Sweeney, President and CEO of the National Restaurant Association. "As Chief Revenue Officer, Terry will help the Association continue to set the table for new ways to grow. ... |
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Chicago Chef Rick Bayless Accepts Julia Child Award at Smithsonian Food History Gala
WASHINGTON, Oct. 24, 2016 /PRNewswire-USNewswire/ -- Chicago chef, writer and humanitarian Rick Bayless is donating objects that represent his early career to the Smithsonian's National Museum of American History. The new collection will be unveiled as Bayless accepts the 2016 Julia Child Award from The Julia Child Foundation for Gastronomy and the Culinary Arts during the museum's second annual Smithsonian Food History Gala Thursday, Oct. 27. Bayless is an American chef who specializes in traditional Mexican cuisine with modern interpretations. Born into a family of restaurateurs, Bayless began cooking as a teen, when he also visited Mexico for the first ... |
