Month: June 2019

Grocery Outlet Holding Corp. Announces Closing of its Initial Public Offering

June 25, 2019 Grocery Outlet

Grocery Outlet Holding Corp. announced the closing of its previously announced initial public offering of 17,187,500 shares of its common stock at a price to the public of $22.00 per share. Shares of Grocery Outlet’s common stock began trading on The Nasdaq Global Select Market on June 20, 2019 under the symbol “GO.” The underwriters have determined to fully exercise their option to purchase up to an additional 2,578,125 shares of Grocery Outlet’s common stock at the initial public offering price less the underwriting discount. …

Government of Canada consults with Canadians on Important Changes to Canada’s Food labeling System

June 25, 2019 Canadian Food Inspection Agency

As the Government of Canada moves to provide consumers with more useful information and support innovation by food businesses, the Honourable Marie-Claude Bibeau, Minister of Agriculture and Agri-Food, and the Honourable Ginette Petitpas Taylor, Minister of Health, today announced that the Government is consulting with Canadians on proposed changes to food labels in Canada. …

How Amazon Changed Whole Foods

June 25, 2019 Steve Banker, Forbes

It has been two years since Amazon acquired Whole Foods for $13.7 billion in cash. And over these two years, changes have been made to Whole Foods, at the corporate level and down to the individual store as well. Some of these changes have been for the good, while others have left people questioning what has happened to Whole Foods. In the end, as part of Amazon, it is all about the bottom line, and that is what drives change. …

H-E-B Accelerates its Investment in Digital With New Eastside Tech Hub in Austin

June 25, 2019 H-E-B

Today H-E-B announced the opening of its Eastside Tech Hub — the retailer’s state-of-the-art, East Austin office for its growing team of Austin-based H-E-B Digital Partners (employees), as well as the new headquarters for Favor, the Austin-based on-demand delivery company that is a wholly-owned subsidiary of H-E-B. Complementing its existing H-E-B Digital team at H-E-B’s headquarters in San Antonio, the Eastside Tech Hub further accelerates the retailer’s path toward becoming the digital industry leader in Texas. …

Trident Seafoods & Louis Kemp Brand Announce High-Profile Partnership With Nancy Fuller, Star Of Food Network’s Farmhouse Rules

June 25, 2019 Trident Seafoods

In an exciting move that connects healthy and easy-to-prepare seafood with current food and lifestyle trends, Trident Seafoods announced today an all-new partnership with celebrity chef Nancy Fuller. Star of Food Network’s popular cooking show, Farmhouse Rules, Fuller will serve as the official brand ambassador for Louis Kemp Crab Delights®. …