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News
Clearlake Capital Acquires That’s How We Roll
Clearlake Capital Group has acquired That’s How We Roll, a leading provider of high-quality, branded, better-for-you snacks, including flagship brands Mrs. Thinsters and Dippin’ Chips. The acquisition was completed as part of Clearlake’s recently announced Better For You Holdings platform.Transaction terms were not announced. Clearlake is partnering with THWR Founder and CEO Aldo Zuppichini, who maintains a significant equity stake in the company. Zuppichini is an industry veteran who was on the founding team of Pretzel Crisps and also served as national sales manager before its parent company, Snack Factory, was sold to Snyder’s-Lance. He was also a founding member of ... |
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Study: Chocolate Eaters Self Soothe
As trends in better-for-you ingredients have spread to chocolate confectionery, it seems that consumers are more concerned with the psychological benefits, turning to the treat as a result of the emotional benefits it provides. Indeed, new research from Mintel reveals that nearly one in five (17 percent) Americans say that the emotional benefits of chocolate outweigh any health concerns. What’s more, one quarter (26 percent) of Americans who purchase chocolate do so to improve their mood, while 20 percent do so as an energy boost. America's neighbor to the north also enjoys the emotional benefits of chocolate as 38 percent ... |
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Housewares Charity Foundation Raises Record Amount at Annual Gala
Showing it is smart to have heart, the housewares industry raised a record $2.6 million during the Housewares Charity Foundation’s (HCF) 19th annual gala on March 7. Proceeds from the event, held at Chicago’s Navy Pier, benefited The Breast Cancer Research Foundation (BCRF), the HCF’s legacy charity, the Housewares Charity Foundation Fund in Memory of Judy Colitz and God’s Love We Deliver. Held annually in conjunction with the International Home + Housewares Show, this year’s gala honored Terry Lundgren, chairman and chief executive officer of Macy’s Inc., with the Lifetime Humanitarian Award, and Lester Gribetz, president of Lenox Corporation, ... |
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The Empanada Shop Heats Up Frozen Food Section With First Certified Organic and USDA Inspected Empanadas
HERMOSA BEACH, Calif., March 10, 2016 /PRNewswire/ -- The Empanada Shop (TES) (http://the-empanadashop.com/), an organic authentic Mexican food producer, announced today that it is the only certified organic and USDA-inspected company that manufactures empanadas, raising the standards of prepared Mexican food in the U.S. Starting this week, TES's frozen organic empanadas will be available through Tony's Fine Foods, distribution experts in the Western U.S. and a subsidiary of United Natural Foods, Inc.(UNFI). Slow Cook Family Recipes Are the Secret TES combines treasured family recipes with locally sourced non-GMO food to craft authentic Mexican empanadas. TES is owned and operated by husband-and-wife ... |
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Showrooms Shift At Forty One Madison For Spring Tabletop Market
(NEW YORK, NY—MARCH 9, 2016)—An abundance of new products will be on display when the doors open Tuesday, April 12 – Friday, April 15 for The New York Tabletop Market at Forty One Madison, showroom headquarters for more than 120 of the world’s most renowned brands. “The manufacturers and factories are making an incredibly strong statement and demonstrating that they’re fully investing in this market, leaving nothing behind and bringing everything they’ve got to impress, inspire and sell,” said Laurie Burns, Director and Senior Vice President of Forty One Madison. “There’s going to be a tremendous amount to see with ... |
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Kate Farms Announces COO Michael Fougere and Unveils Refreshed Packaging
SANTA BARBARA, Calif., March 8, 2016 /PRNewswire/ -- Kate Farms, Inc., leader in plant-based, ready-to-drink meal replacements, is excited to debut its new branding and introduce seasoned industry veteran Michael Fougere as Chief Operating Officer at Natural Products Expo this week in Anaheim. The Santa Barbara based company created Kate Farms Komplete, the world's first organic, non-GMO, vegan, gluten, dairy and soy-free RTD meal replacement shake. "Michael Fougere's track record of driving successful and strategic growth in the beverage industry will further expand Kate Farms Komplete's distribution without sacrificing our exceptional and unique nutritional quality," said Richard Laver, Kate Farms' founder. Fougere was ... |
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Belgioiso Brings Home 8 Awards From World Championship Cheese Contest
Green Bay, WI – March 9, 2016 – 48 expert judges from 16 countries gathered in Madison, WI for the World Championship Cheese contest. Hosted by the Wisconsin Cheese Makers Association, the contest is the world’s largest technical cheese, butter, and yogurt competition with a record 2,948 entries this year representing 23 nations and 31 U.S. states and Puerto Rico. Belgioioso Cheese is proud to bring home 8 awards, including 1st place Burrata, 1st place Ricotta con Latte®, and 1st place Fresh Mozzarella Prosciutto Basil Roll. This is the second time in as many contests that BelGioioso Burrata was awarded ... |
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Reuters Reports Fresh Market To Be Acquired By Apollo Global Management
(Reuters) -- Fresh Market Inc (TFM.O) has signed a deal to be acquired by Apollo Global Management LLC (APO.N) for about $1.36 billion in cash, as the moribund U.S. specialty grocery retailer looks to the private equity firm for a turnaround. The deal, announced on Monday, comes six years after Fresh Market went public as one of the pioneers of the fast-growing specialty and organic food retail sector, but it struggled to keep up with Whole Foods Market Inc (WFM.O) at the high end of the market while being squeezed by Wal-Mart Stores Inc (WMT.N) on the cheaper end. Meanwhile, ... |
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PMI Acquires Formation Brands
Pacific Market International (PMI), a global leader in designing, manufacturing and marketing food and beverage solutions for busy lifestyles, is acquiring Formation Brands. The addition of Formation and its experience developing and marketing trend-forward, everyday beverage and specialty housewares is meant to further diversify PMI's product line and customer base. PMI will add value to Formation's business by providing its customers access to the Stanley and Aladdin brands. In turn, Formation's expertise in the private label and gifting markets alongside the company's diverse product portfolio, efficient sell-through process and specialization in ceramics complements PMI's housewares and private label businesses. "PMI ... |
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Global Honorees for Retail Excellence Recognized With gia Awards
The International Home + Housewares Show and the International Housewares Association (IHA), the global sponsors and organizers of the IHA Global Innovation Awards (gia) program, announced the 2016 gia Global Honorees for Retail Excellence. Global Honorees are Lakehouse, Canada; Illums Belighus, Denmark; Kitchen Shop, Malaysia; K’OOK!, Netherlands (pictured); and Lords, United Kingdom. The global gia jury, consisting of four retail/visual merchandising experts and seven editors and publishers of co-sponsoring housewares trade publications worldwide, selected the gia global honorees from the winners previously chosen in their respective countries by the national gia sponsors. In addition, the Martin M. Pegler Award for Excellence ... |
