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Affiliated Foods Midwest
Affiliated Foods Midwest, headquartered in Norfolk, Nebraska, is one of the member-owners of Topco,. The retailer’s cooperative has two other centers in Kenosha, Wisconsin and Elwood, Kansas. The company serves the states of Michigan, Minnesota, North Dakota, South Dakota, Iowa, Wisconsin, Illinois, Missouri, Nebraska, Wyoming, Colorado, Kansas, and Oklahoma. Established in 1931 in Plainview, Nebraska,…
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Alex Lee Inc.
Headquartered in Winston-Salem, North Carolina, the Alex Lee family is a group of food retail companies. Founding The company traces its roots to Lebanese immigrant Moses George, a grocer who operated in Shelby and Lincolnton, North Carolina. He helped his sons Alex and Lee to purchase Hickory, North Carolina-based Merchants Produce Co., which later came…
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Cerberus-Supervalu Deal Near
According to the Wall Street Journal, Cerberus Capital Management in New York is reported to be close to making an agreement to acquire parts of retailer Supervalu. Under a tentative deal, Cerberus, owner of Albertsons LLC, would put in $500 million to get parts of the Minneapolis-based retailer’s asset portfolio. Cerberus would also acquire shareholding in…
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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…
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NGA Annual Show Helps Further Students Professional Development
The Food Industry University Coalition and the National Grocers Association (NGA) announced a partnership on Monday for the association’s annual show, scheduled for February of 2013. The show will give students from retail and food programs at fourteen universities an opportunity to further their professional development. The students will participate in mentoring programs in which they…
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Amber Pharmacy
A member-owner of TopCo, Amber Pharmacy offers specialized pharmacy solutions through its distribution facilities in Chicago, Philadelphia, Dallas and Omaha. The business, though operating as Amber Pharmacy, is in fact called Amber Enterprises Inc. and is owned by the Kaplan family. The Omaha, Nebraska-based company was established in 1989 and presently has pharmacies in Chicago,…
filed under: Manufacturers -
Fitch Confirms SuperValu Risky Rating
Fitch Ratings has confirmed the default ratings given for SuperValu as ‘CCC’ even with some divestitures announced last week that seemed to reduce the retailer’s exposure to many competitive pressures. These were counteracted, however, by deteriorating environment and high debt leverage in its businesses. The ‘CCC’ default rating given implies very high risk. Cerberus Capital…
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H-E-B Showcases Unique Finds
H-E-B has a launched Primo Picks, a shelf-tag program showcasing unique beverages and foods. According to H-E-B in a statement on the retailer’s website, they have searched the world for a selection of one-of-a-kind items to be Primo Picks, products that are cool, tasty and unique that people may not have tried before or even…
