Month: October 2015

Smart And Final Stores Enters Into Asset Purchase Agreement With Haggen

October 6, 2015 Smart & Final Stores, Inc.

Smart & Final Stores, Inc. announced that its subsidiary, Smart & Final Stores LLC, has entered into an agreement to acquire 28 store leases and related assets from affiliates of Haggen Holdings, LLC for a cash purchase price of $56 million, subject to certain adjustments.  The Company has agreed to be a "Stalking Horse Bidder" in a court-supervised sale of certain of Haggen's assets, and will be entitled to certain break-up fees and expense reimbursement should an alternate higher bid ultimately be approved. …

Study Reveals Americans Don't Trust Large Companies To Produce Natural Food Products

October 6, 2015 Instantly, Inc.

A new national consumer poll released by Instantly™, the world's largest provider of audiences and insights tools, found that artificial ingredients in food products are a top concern for Americans and many do not trust large companies to produce all-natural alternatives. …

ALDI Announces Product Reformulation Of Its Exclusive Brand Food Products

October 6, 2015 ALDI Inc.

ALDI, the nation's low-price grocery leader*, announced that it has removed certified synthetic colors, removed partially hydrogenated oils (PHOs) and removed added MSG from all of its exclusive brand food products. This announcement is part of the company's efforts to expand store offerings and address customers' preferences and needs about particular ingredients in their food. With 90 percent of ALDI products being sold under private labels, ALDI is able to ensure that customers have a wide selection of options free of these ingredients and available at the low prices they are known for. …

Macfrut Ends With A Bang: 39,000 Visitors, Increasingly International

October 6, 2015 Macfrut

The first edition of the "new phase" of Macfrut, concluded last Friday at the Rimini Expo Centre, ended with a bang. Here are the numbers: 39,000 people attended the trade fair of the Italian fruit and vegetable sector, the highest number the event organised by Cesena Fiera has ever reached in 32 years. In addition to the growing numbers, the change in Macfrut can also be seen in the type of visitors attending. Moreover, one exhibitor out of five was from abroad, thus proving the international appeal of the event, with an increase in the number of exhibitors and in its surface area. …

Onion Pungency A Marketing Tool For Growers

October 6, 2015 George Plaven, East Oregonian

Onion pungency is measured by the amount of pyruvic acid contained in the bulbs — that’s the chemical that makes people’s eyes sting and water. Sweet onions typically have higher amounts of sugar and low pungency, which is why they’re so popular and able to fetch a higher price in stores. …