Category Archives: Suppliers

Hormel names deli its “next growth engine”

Growth in the deli category is outstripping that of the rest of the grocery store by more than four times, and Hormel has launched a new deli division to capitalize on that demand, said CEO Jim Snee. “Our new deli division represents almost $1 billion in annual sales and will be the company’s next growth engine,” Snee said.

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Has coconut oil lost its luster?

US retail sales of culinary coconut oil – a category demonstrating explosive growth in recent years – have continued to decline, according to new data from SPINS, with the strongest reversal of fortunes in the conventional (MULO) channel, where sales soared by 38.8% in 2015, but fell 5.2% in 2016, and sank 25.9% in 2017.

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Chobani giving free yogurt to everyone in the US

Chobani is offering a free cup of yogurt to everyone in the US to celebrate the brand’s tenth year as a national brand. “We have millions and millions of people buying our product and we want to invite more to come into our brand,” said CEO Hamdi Ulukaya.

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Schwan’s Co. created Schwan’s Strategic Partner Solutions

Schwan’s Co. created Schwan’s Strategic Partner Solutions, a business unit focused on growing the company’s private-label and contract-packing businesses with select retailers and manufacturers. Pizza will be a focus for the unit, but other products will include ice cream, pies, snacks and appetizers, smoothies, sauces and aluminum packaging. Joe Pacinelli will lead the unit.

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