Seattle, WA — The focus was on Alexa Voice as second quarter net sales for Amazon.com increased 39% to $52.9 billion in the second quarter, compared with $38 billion in second quarter 2017. Excluding the $760 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net...
United Natural Foods Inc. (UNFI) and Supervalu Inc. announced they have entered into a definitive agreement under which UNFI will acquire Supervalu for $32.50 per share in cash, or approximately $2.9 billion, including the assumption of outstanding debt and liabilities. “This transaction accelerates UNFI’s ‘Build out the Store’ growth strategy...
Los Angeles, CA — Marc Washington, the newly minted CEO of Irwin Naturals, took a break from a sales summit in Park City, UT, to discuss his plans for the family-owned business he came onboard to propel into the future. An Ivy League-educated executive with deep operational, finance and business...
Naperville, IL — KeHE Distributors, LLC has renewed its agreement with Sprouts Farmers Market as its primary distribution partner for natural, organic and fresh products through the year 2025. “Sprouts is one of the fastest growing, most forward thinking and efficient merchants in the country, and we are honored they have...
Secaucus, NJ – The struggling Vitamin Shoppe, Inc. has named Sharon M. Leite, Godiva Chocolatier President/N.A. its new CEO, effective Aug. 27. She will also become a member of the Board of Directors. [caption id="attachment_59777" align="alignright" width="255"] Sharon Leite[/caption] "Sharon's broad experience and impressive track record makes her an ideal...
Las Vegas, NV — The number of stores carrying CV Sciences' flagship hemp CBD brand PlusCBD Oil has grown 11.1% in the past quarter, the company announced, as it seeks to upgrade to the Nasdaq making its stock more attractive. "Our retail channel expansion, along with increased industry forecasts of...
Boca Raton, FL — Entrepreneur Anthony Zolezzi is new CEO of Twinlab Consolidated Holdings, succeeding Naomi Whittel. His website touts "Unconventional Change for Optimistic Leaders," which could be just what the doctor ordered for the 50-year-old company. "Anthony is a proven leader and innovator in the natural products industry," said...
Bothell, WA — Essentia, the pioneer of ionized alkaline bottled water in the U.S., announced second quarter retail sales of $16 million and is on track to break its forecast for the year. Over the past 52 weeks, Essentia achieved $153 million in retail measured sales with 72% growth, according to...
The U.S. Foods and Drug Administration (FDA) Commissioner Scott Gottlieb said on Tuesday during the PoliticoPro Summit that the Trump Administration plans to crack down on the use of the term "milk" on non-dairy milk alternatives. The agency is to release a guidance outlining its new standards. This can be...
Cincinnati, OH — Kroger launched a new mobile app called OptUP, reports Food & Wine, meant to make picking up healthy foods and maintaining a healthy diet easier. This is different from their existing mobile shopping app. OptUP is “your virtual assistant for healthier shopping.” It encourages its users to...
RSS
