“Continuing to support persistently loss-generating operations would not have been responsible,” said the president and CEO.
Category: West
Grupo Chilero Acquires Tadin Herb And Tea, Its 3rd Hispanic Brand
Grupo Chilero’s CEO says the company’s goal is to become the leading Hispanic food company in the U.S.
Sprouts Sales Up, Comps Down In Q2; New Store Pace To Grow In Q3
The Phoenix-based grocer expects to open at least 15 stores in the third quarter – its largest quarterly cadence to date.
Costco Distribution Center In Florida Gains Off-Grid Capability
The project, completed in conjunction with Trinity Energy, allows the facility to operate off the utility grid when needed.
Organic Produce Summit Marks 10th Year With Record Turnout
The Organic Produce Summit (OPS) closed its 10th anniversary event July 16 at the Monterey Conference Center in Monterey, California, drawing nearly 200 exhibitors and more than 750 attendees and buyers. Buyers made up 40 percent of attendees and traveled from more than 40 U.S. states and 12 countries to attend the event, said to […]
McCollam To Retire As President, CFO Of Albertsons Companies
Albertsons Companies has announced that Sharon McCollam, president and CFO, plans to retire. The retirement was announced July 23, the same day the company reported its first quarter results as well as plans to consolidate its divisions into regions and centralize its center store buying process. McCollam, who joined Albertsons five years ago, will remain […]
Brand Builders, Investors Agree On What Separates Winning CPG Brands
Two panels, two very different rooms, but one message. At the CPG Convergence Conference, hosted June 25 by the Navigator Lighthouse Foundation and Mission Matters at Verizon’s 5G Labs in Playa Vista, California, a panel of brand strategists and a panel of investors took the stage hours apart. They never coordinated, but they arrived at […]
