Supermarket & Grocery Industry News | The Shelby Report

Category: Grocery News
Posted inCenter Store, National, News, Suppliers

General Mills Brings Back Monsters Cereals For 55th Anniversary

by Shelby Team

General Mills is returning its limited-edition Monsters Cereals to shelves nationwide later this summer, marking the 55th anniversary of Count Chocula, Boo Berry and Franken Berry with new packaging built around the puppet characters created by The Jim Henson Company. The Minneapolis-based manufacturer introduced the reimagined puppets last year in a first-time collaboration with Henson. […]

Posted inGrocery Research, Center Store, Featured News, Marketing News, National, News

Acosta Tracker: Stock-Up Trip Costs $366, Up 27% From 2020

by Shelby Team

A typical grocery stock-up trip now costs more than $366, roughly 27 percent above a comparable 2020 basket, according to the inaugural Acosta Group Affordability Tracker released July 23. The Jacksonville, Florida-based firm measures affordability by comparing the cost of an 84-item basket of commonly purchased grocery and household essentials against median hourly earnings in […]

Posted inNews, Finance News, Northeast, Snacks Brands, Suppliers

Utz To Go Private In $2.9B Deal With Germany’s Intersnack

by Shelby Team

Utz Brands will be taken private in a deal valuing the salty snack maker at approximately $2.9 billion, with Germany’s Intersnack Group acquiring all outstanding Class A common stock for $14.25 per share in cash. The price represents a premium of roughly 91 percent over the July 20 closing price. When the transaction closes, expected […]