Month: January 2022

Kroger Board of Directors Approves $1 Billion Share Repurchase Authorization

January 4, 2022 Kroger

“We are customer obsessed and focused on leading with fresh and accelerating with digital, which is building momentum in our business and will drive Kroger’s long-term success,” said Rodney McMullen, Kroger’s chairman and CEO. “Kroger’s share repurchase authorization reflects our Board of Directors’ confidence in the strength of our free cash flow and our ability to deliver consistently strong and attractive total shareholder returns.” …

SpartanNash Foundation Raises $325,000 For Midwest Food Pantries

January 4, 2022 SpartanNash

Food solutions company SpartanNash (Nasdaq: SPTN) continues to support local food pantries across the Midwest, recently donating $325,000 through in-store fundraising efforts and a pledge from the SpartanNash Foundation to provide hunger relief for those who are food insecure. …

Freshlocal Receives $8.8 Million Secured Credit Facility from Export Development Canada

January 4, 2022 Freshlocal Solutions Inc.

Freshlocal Solutions Inc. announces it has entered into a secured $8.8 million credit facility agreement with Export Development Canada dated December 28, 2021 to support Freshlocal’s international expansion efforts related to its FoodX SaaS-based eGrocery Management Solution. …

UP, UP AND AWAY! The Jacob Javits Center’s Rooftop Farm Movie Highlights

January 4, 2022 Jim Prevor’s Perishable Pundit

Jim Prevor’s Perishable Pundit ran a piece titled, Up On The Roof: An Urban Farm Right Above The New York Produce Show And Conference, which highlighted the fact that The New York Produce Show and Conference, though in the middle of New York City, was now actually taking place right under a farm! We made a little video to show case what was going on “Up on the Roof” …

Kristen Barnett and Hungry House Imagining The Spirit Behind Ghost Kitchens at The Ideation Fresh Foodservice Forum

January 4, 2022 Jim Prevor’s Perishable Pundit

There’s no denying we’re continuing a new era of food delivery, but how can we do it smarter and in a way that preserves both the brand and the hospitality diners crave? Kristen Barnett, founder and chief executive of Hungry House, Brooklyn, NY, is forging a new model for ghost kitchens, working with chefs to launch their signature menu items on the Hungry House platform, executed in the Hungry House kitchen. …