Apollo announced that funds managed by its affiliates have agreed to acquire Cardenas Markets, a grocery retailer focused on serving the Hispanic community, from investment funds affiliated with KKR, a global investment firm. Upon completion of the transaction, Apollo Funds will combine Tony’s Fresh Market, a Chicago-based portfolio company, with Cardenas Markets, which operates across […]
Category: International Foods
Next Meats USA Expands To Grocery Stores And Restaurants In U.S.
Next Meats USA, Inc., a Japanese-based manufacturer of eco friendly plant-based meat alternative products, is now in six Tokyo Central stores and four Marukai stores throughout Southern California and the Bay Area. Japanese specialty market Tokyo Central first introduced Next Meats’ three plant-based products earlier in January. Marukai Corp. President Koichi Toyo said customer response […]
Goya Foods To Hand Deliver Rosaries For Ukrainian Refugees In Poland
Jersey City, New Jersey-based Goya Foods and Bob Unanue, CEO, have pledged to donate and hand-deliver rosaries to bring hope and prayer to Ukrainian refugees in Poland. Unanue was inspired to make this donation after receiving a phone call and an offer of one single rosary from Shannon Haase of San Antonio, Texas. This has turned into a donation […]
Independents Super Serve Multiculinary And Multicultural Consumers
Sponsored content Since the 1950s, the supermarket has proven itself to be as American as apple pie or a slow roasted Thanksgiving turkey with all the fixings, but I am sure you have noticed that the supermarket aisle and dinner tables across America have added a little more sabor (flavor) for consumers to choose from. […]
Faire La Fête Increases Sales Thanks To Oklahoma Investors
First Growth Brands Inc. and its champagne brand Faire La Fête are growing fast, largely in part to early financial backing by Oklahoma-based investors. In 2018 and early 2019, a number of them saw potential in the brand and became early backers, while continuing their support through 2020 and the COVID-19 pandemic. The beverage’s sales have […]
PepsiCo Establishes Organization To Accelerate Racial Equality Efforts
Purchase, New York-based PepsiCo has announced the creation of a North America organization dedicated to accelerating efforts inside and outside of the company to help address inequalities for historically excluded people and underserved businesses and communities. The announcement is the next step in PepsiCo’s racial equality journey, a key pillar of the company’s pep+ “PepsiCo Positive” transformation of how it creates […]
Van’s Kitchen Celebrates Lunar New Year With Promotions And Activities
Dallas, Texas-based Van’s Kitchen, an egg roll manufacturing brand, will celebrate the Lunar New Year by promoting education, diversity and inclusion. The annual holiday is celebrated from Feb. 1-15 and marks the Year of the Tiger, a symbol of ambition, courage, enthusiasm and adventure. In 1986, Vietnamese immigrants and founders Van and Kim Nguyen built Van’s Kitchen […]
Calbee America Inc. Promotes Tsutsumi To CEO
Fairfield, California-based Calbee America Inc. has promoted Ryo Tsutsumi to the position of CEO. The change follows the company’s recent acquisition of Warnock Food Products, with the company planning to become one of the major snack companies in the U.S. region by 2030. Tsutsumi will relocate from Japan to California to focus on his new […]
