Home » Hormel Foods Merges Its Grocery Products, Specialty Foods Segments
Category News Center Store Deli/Prepared Foods Midwest Operations Snacks Specialty Suppliers

Hormel Foods Merges Its Grocery Products, Specialty Foods Segments

Hormel hams for the holidays

Hormel Foods Corp. has merged its specialty foods segment into its grocery products segment, which Luis Marconi, group VP, grocery products, will continue to lead. The primary focus of the segment is on delivering a “strong branded portfolio of leading products to the evolving retail environment of food, drug, mass, club and e-commerce,” says the company.

“I am confident that the consolidation of these two segments will deliver revenue and cost synergies in all aspects of the business while continuing to deliver industry-leading growth,” said Jim Snee, chairman of the board, president and CEO at Hormel Foods. “The grocery products segment will be a model for strategic management of iconic brands such as the Spam family of products and Skippy peanut butter products, while also nurturing the continued growth of franchises like Wholly Guacamole dips, Muscle Milk protein products and Justin’s nut butters.”

According to Hormel, the grocery products segment has delivered consistent, profitable growth with a focus on legacy brands, nut butters and multi-cultural food innovation. The specialty foods portfolio consists of health and nutrition products, including Muscle Milk protein products.

Hormel, based in Austin, Minnesota, is a global branded food company with more than $9 billion in annual revenues across more than 80 countries worldwide.


Keep reading:

Hormel Foods To Acquire Columbus Manufacturing Inc.

Ettinger To Retire; Snee Elected Hormel Chairman

Fareway Stores Opens New Meat Market In Lincoln, Nebraska

Learn how independent grocers of all sizes can gain control over their conversation with their shoppers and personalize their shopper engagement by making data actionable as they reduce advertising costs and increase conversions.

Hear from Alexa Dash, Head of Ecommerce of Dash’s Markets, on how AppCard made a difference for their shoppers during the pandemic and how they continue to see growth.

REGISTER NOW TO VIEW THIS INFORMATIVE ON-DEMAND WEBINAR

Featured Photos

Featured Photo Grand Opening
Foodtown
New Hartford, Connecticut
Share via
Copy link
Powered by Social Snap