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Las Vegas Market & ASD Market Week Continue “Two For Tuesday”
LAS VEGAS – (April 4, 2017) – Las Vegas Market and ASD Market Week today announced a third consecutive TWO FOR TUESDAY collaboration – on Tuesday, August 1, 2017, in Las Vegas – bringing together the collective resources of two major tradeshows and thousands of resources. The TWO FOR TUESDAY cooperation provides buyers with free and continuous shuttle service between the two exhibit venues – the Las Vegas Convention Center and World Market Center Las Vegas – as well as free access to both wholesale markets. “By partnering with Las Vegas Market, we are pleased to be able to offer ...
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Specialty Food Industry Sales Hit $127 Billion in 2016
NEW YORK (April 6, 2017) – Sales continue to grow as Americans embrace specialty food and beverages. The industry is taking its place as an integral player with traditional and non-traditional specialty food retailers, foodservice operators, and distributors.
The Specialty Food Association's (SFA) annual State of the Industry report, issued today, examines the vibrant $127 billion-dollar industry in detail. Largely fueled by small business growth, total sales jumped 15% between 2014 and 2016. Growth is also driven by product innovations and wider availability of specialty foods through mass-market outlets. Sales through foodservice increased 13.7% to $27.7 billion as U.S. consumers ...
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Publix and H-E-B Earn Top Customer Experience Ratings for Supermarkets, According to Temkin Group
WABAN, Mass., March 31, 2017 /PRNewswire/ -- Publix and H-E-B deliver the best customer experience in the supermarket industry, according to the 2017 Temkin Experience Ratings, an annual customer experience ranking of companies based on a survey of 10,000 U.S. consumers.
This year, supermarkets earned the two highest scores in the entire Ratings. With a score of 84%, Publix not only received the highest score in the supermarket industry, it received the highest score in the entire Ratings, ranking 1st out of 331 companies across 20 industries. Likewise, H-E-B earned the second highest score for both the supermarket industry and the ...
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St. Supéry Estate Vineyards and Winery Presents: The Art of Cheese
RUTHERFORD, Calif., March 31, 2017 /PRNewswire/ -- St. Supéry Estate Vineyards and Winery is proud to present The Art of Cheese throughout the month of April in conjunction with the Arts Council Napa Valley's Arts in April. Cheese will take center stage at St. Supéry Estate every day throughout the month where winery guests will have the opportunity to enjoy artwork from renowned cheese artist, Mike Geno, daily interactive wine and cheese experiences and weekend workshops led by top cheesemongers dedicated to all things cheese.
"All of us at the winery love cheese, so it is only fitting that we ...
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Highlander Partners Forms Bettera Brands, LLC to Pursue Confection and Snack Acquisitions
DALLAS, April 3, 2017 /PRNewswire/ -- Highlander Partners, L.P., a leading middle-market private investment firm based in Dallas, Texas, today announced that it formed Bettera Brands, LLC ("Bettera"), a new holding company headquartered in San Francisco, California.
Bettera is executing a "buy and build" strategy in the confection and snack industry, targeting acquisitions of companies and assets that have excellent brand equity and strong growth potential. Bettera is focused on creating value through customer cross-pollination, geographic expansion and new product development. Bettera's principals have executed more than thirty transactions in the food, confection and snack categories and will use their expertise ...
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Cornell Capital to Acquire World Kitchen
NEW YORK and ROSEMONT, Ill., April 3, 2017 /PRNewswire/ -- Cornell Capital LLC ("Cornell Capital"), a private investment firm, and WKI Holding Company, Inc. ("World Kitchen"), a leading multinational manufacturer and marketer of housewares, today announced the signing of a definitive merger agreement under which an affiliate of Cornell Capital will acquire World Kitchen.
World Kitchen is a leading housewares company with a unique heritage and diverse portfolio of iconic brands including Pyrex®, Corelle® and CorningWare® that are trusted names known for safety, quality, innovation, performance and durability. Building upon more than a century of unparalleled brand recognition in the kitchenware ...
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Farmer-Owned Co-op Land O'Lakes, Inc. Acquires Vermont Creamery
WEBSTERVILLE, Vt. and ARDEN HILLS, Minn., March 29, 2017 /PRNewswire/ -- Vermont Creamery Co-Founders Bob Reese and Allison Hooper and Land O'Lakes, Inc. President and CEO Chris Policinski announced today that their businesses have joined forces. Vermont Creamery will become an independently operated subsidiary of Minnesota-based Land O'Lakes. It will continue to produce its award-winning fresh and aged goat cheeses, cultured butter and fresh dairy at the creamery in Websterville, Vermont.
"We have always taken seriously our commitment to our farmers, employees and Vermont's working landscape—these values are at the core of our decision to sell the business," said co-founder ...
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Perdue Farms Names Randy Day Chief Executive Officer
SALISBURY, Md., March 8, 2017 /PRNewswire/ -- Jim Perdue, chairman of Perdue Farms, has announced the promotion of Randy Day to chief executive officer of Perdue Farms, effective immediately. Day has served as chief operating officer since May 2016. He will also serve on the company's board of directors.
"Randy has done an outstanding job as chief operating officer over the past year, and he has my trust and the trust of our leadership team in this new role," said Perdue, who has been chairman and chief executive officer of Perdue Farms since 1991. Day is the fourth CEO in the ...
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FreshDirect Announces Expansion to Washington, D.C.
WASHINGTON, March 16, 2017 /PRNewswire/ -- FreshDirect, the Northeast's pre-eminent online fresh food retailer, today announced the expansion of its service to the Washington, D.C. metropolitan area. FreshDirect will start delivering farm-fresh produce, high-quality meat, seafood, dairy, prepared meals, and grocery and household staples to the doors of residents living in D.C., Arlington and McLean, Virginia and Bethesda, Maryland beginning April 5th, 2017. FreshDirect's focus on sourcing and curating the freshest food combined with the fastest farm-to-fridge delivery has established the company as the market leader in the Northeast, already delivering directly to customers in five states, including the New York City and ...
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NPD Group Predicts the Home-Products Industry Will Continue on a Growth Trajectory
Port Washington, NY, March 18, 2017 – A new home-products industry forecast from global information company The NPD Group, reveals that the small home appliances and housewares markets will continue on the growth path they returned to in 2015. Covering more than 100 small kitchen electrics, personal care appliance, home environment appliance, and housewares categories, NPD is forecasting*a nearly three percent combined dollar sales increase for these industry segments in 2017 versus 2016.
“We are excited to present our first-ever 24-month home industry forecast, providing manufacturers and retailers with valuable insight to help them identify emerging trends and optimize their ...
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