Albertsons expects $1.84 billion from IPO
Albertsons has said it expects to raise $1.84 billion in its initial public offering, according to The Wall Street Journal. The company filed a registration statement with the Securities & Exchange Commission for the IPO July 8, and at the time Albertsons said it planned to raise $100 million in the offering.
Southern Specialties targeting millenials with new advertising campaign
Who will be the next major group of food shoppers is a hot topic among savvy marketing professionals, and Southern Specialties is leading the parade to draw their attention in its new advertising campaign.
Francisco Obregon, major player in Mexican produce industry, dies
Francisco (Pancho) Obregon, a major player in the Mexican produce industry, died Sept. 17 after battling cancer.
H-E-B, Dole donate seven salad bars
Committed to increasing healthier options for students, H-E-B will donate seven salad bars to elementary schools in Seguin Independent School District in Texas, a district where 69 percent of students qualify for free and reduced lunch. The self-serve produce bars are made possible through a partnership with Dole Food Co. and will feature a wide array of fresh fruits and vegetables to boost new choices for students at breakfast and lunch.
Kristina Guttadora named newest New Jersey Hero
Kristina Guttadora, executive director for the New Jersey Agricultural Society, was recently named the 36th New Jersey Hero by New Jersey first lady Mary Pat Christie's New Jersey Heroes Foundation for her work directing New Jersey Farmers Against Hunger.
Turbana-Sendik’s partnership benefits Feeding America
For the third year in a row, Turbana will participate in Sendik’s Food Market “7 Days, 7 Ways to Save” promotion to benefit Feeding America Eastern Wisconsin, a local food bank that feeds over 330,000 people a year. Every Wednesday until Nov. 11, Sendik’s shoppers will be able to purchase two Fyffes pineapples for $4 and Turbana bananas for 39 cents. Turbana and Sendik’s will donate 50 cents to Feeding America Eastern Wisconsin for every two Fyffes pineapples purchased.
Haggen to exit Southern California region to focus on core business in Pacific Northwest
Haggen announced Sept. 24 that it plans to exit the Pacific Southwest market and realign its operations around 37 core stores and one standalone pharmacy in the Pacific Northwest as part of the Chapter 11 process.
As part of its previously announced plan to right-size the company, Sagent Advisors LLC has been actively working to explore market interest for its store locations in California, Arizona, Oregon, Washington and Nevada.
Produce suppliers and retailers celebrate 10th anniversary of Pink Ribbon Produce
Pink Ribbon Produce, a cause-marketing in-store promotion designed to unite the produce industry in the fight against breast cancer, announced Sept. 23 that it is returning this October for its 10th year.
Vision Imports says El Niño having potential effects on South American mangos
The Vision companies — Vision Import Group in River Edge, NJ, and Vision Produce Co. in Los Angeles — are separate companies that do business in slightly different ways. But they share unified national distribution which enables both to market their brands nationwide.