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Refrigerated & Frozen Foods
EG Group, a privately held petrol forecourt convenience store retailer based in the United Kingdom, announced a definitive agreement to purchase The Kroger Co. for $2.15 billion.
As part of the agreement, EG Group will establish its North American headquarters in Cincinnati and continue to operate stores under its established banner names.
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Progressive Grocer
The nutrition landscape has never been more exciting — or complex. The way that consumers define nutrition is ever-changing. As they look for new and different benefits from the food they eat, their voices are growing louder as they demand more from food brands.
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The Huffington Post
President Donald Trump and Republicans in Congress may soon embark on a racially fraught policy battle over "welfare."
"We can lift our citizens from welfare, from dependence to independence and from poverty to prosperity," Trump said in his State of the Union address, the latest signal that Republicans want "welfare reform" this year.
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PRODUCT SHOWCASE
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Display the Real Blueberries™ Seal on your package and help to identify products containing real highbush blueberries or real blueberry co-products (purées, juices, concentrates…). Get the Real Blueberries™ Seal!
Go to: https://realblueberries.org/real-blueberries-seal/
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TechCrunch
Tovala, the startup that's designed a new steam-based oven and accompanying meal kit subscription service, has inked an investment and partnership agreement with the food prep giant Tyson Foods.
Through Tyson Ventures, the company's investment arm, Tovala will get an undisclosed amount of new financing as the two companies pursue collaborations on Tyson-branded Tovala meals.
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Food Safety News
For five years, the Stericycle Recall Index has been tracking product recalls in the United States. With numbers for the fourth quarter of 2017 in, the food and beverage category shows the largest increase in recalls since 2012.
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Food Dive
Albertsons, owner of Safeway and other grocery chains, is collaborating with Quotient Technology to introduce a service for brands to track the impact online ads have on store sales, according to CNBC. So far, 60 consumer companies have signed up for the program called Albertsons Performance Media.
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Supermarket News
Demand for grass-fed beef is growing: It saw a 25 percent to 30 percent annual growth rate, and sales in 2017 were $272 million. So any disruption in the product is cause for concern, including a recent NPR article that found that grass-fed cattle were fed less-nutritious grass over the past few decades in the prairie lands.
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Food Dive
Daymon, a Connecticut-based global consumer retail and private brand agency, has just published its first "Private Brand Intelligence Report." The group asserted that, for retailers, "[I]f you don't have a solid private brand strategy, you're dead in the water," reports Store Brands.
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