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Coborn’s Buys Mike’s Super Valu
Coborn’s Inc. in St Cloud, Minnesota, has reported that it has bought Mike’s Super Valu. The independent store located in North Dakota’s Watford City said that it was planning to move its staff to a Cash Wise location that Coborn’s is constructing in the city. Mike’s Super Valu has been in operation for the last…
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NGA Contented by Passing of the Taxpayer Relief Act
Both Congress and President Obama are being cheered by the National Grocers Association for passing a bill that avoided the dreaded fiscal cliff. The American Taxpayer Relief Act (H.R.8) is being characterized by the NGA as ‘net positive’ as it has several critical tax provisions backed aggressively by the group. The President of the association,…
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Sale of Food Emporium Expected
A&P is expected to make known an agreement to sell off its Food Emporium banner stores. The announcement would happen some time next week, according to sources. The 16 stores in Manhattan are anticipated to be offered to many bidders. According to Crains New York Business in a report published last week, Angelo Gordon Supermarkets…
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Unilever, Hormel Foods Skippy Deal
Unilever has made a definitive deal with Hormel Foods Corp. to sell its Skippy brand for approximately $700 million. The agreement includes manufacturing facilities for Skippy in Weifang, China and Little Rock, Arkansas. The Skippy peanut butter brand was first introduced in 1932 and was the first in fast growing natural peanut butter brands. In…
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Wegmans Freezes Prices Once Again
With the freezing winter prevailing, there’s one freeze that people will enjoy much more; Wegmans’ price freeze. Wegmans Food Markets has introduced price freezes once again for over 50 of their products. The freeze affects those products that customers will be buying most during this winter season. Colleen Wegman, Wegmans’ president, has said that the…
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Whole Foods Leads List of Food Retailers in 2012
Whole Foods has led the pack of food retailers’ stocks in 2012. The retailer has gained about 35% and closed on 31st December at $91.16. This is the 4th straight year that the organic and natural product specialist has ranked #1. Food wholesalers and retailers are tracked by Supermarket News. Whole Foods Market stock had…
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A&P Rebrands its Seafood Department
The seafood department at A&P has been rebranded as the Great Atlantic Seafood Market. The company’s new seafood brand will work with a slogan “So Fresh, So Healthy and So Easy.” A&P made the announcement late last week in Montvale, New Jersey. North Coast Seafood will be the source of many of the products for…
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FDA Releases Produce Processers and Growers FSMA Rules
The Food and Drug Administration released the two long-awaited rules for the Food Safety Modernization Act for produce processors and growers on Friday. The rules concern plans that processors must put in place to avoid food borne illnesses that sicken at least 130,000 Americans annually. It also includes actions that growers must take at packing and farm level. Produce…
