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  • Safeway CEO search ends at home

    Robert Edwards will replace Steven Burd as CEO of Safeway, the company announced Monday evening.

     

    Edwards, 57, currently serves as Safeway’s president and will assume CEO responsibilities on May 14 when Burd resigns as CEO and chairman. Filling the chairman role will be lead independent director T. Gary Rogers who will become non-executive chairman.

     

  • Crystal Light dives into e-commerce waters

    GLENVIEW, Ill. — Crystal Light, a leading beverage mix brand, is launching an e-commerce platform, Shop.CrystalLight.com. 

     

    "For years we have heard from some of our most loyal fans that they want easier access to the flavors they love, especially Crystal Light Pure," said Adam Butler, senior brand manager for Crystal Light. "This new e-commerce platform enables us to make a wide variety of unique flavors and varieties readily available to fans anywhere in the country."

     

  • Annie's names organic food exec new SVP, strategy

    BERKELEY, Calif. — Annie's, a leading natural and organic food company, has appointed Ed Aaron to the newly created position of SVP of strategic planning and investor relations.

     

  • North American strengths buoys Electrolux Q1

    Electrolux reported net sales decreased 2% to $25.3 million compared with the same period last year. On an organic basis, adjusted for acquisitions, divestments and changes in exchange rates, sales increased 3.8% compared with the same period last year.

     

  • Supervalu sales down amid company’s transition

    MINNEAPOLIS — Supervalu reported sales of $3.89 billion and a loss of $1.41 billion in fourth quarter 2013, compared with sales of $3.98 billion and a loss of $424 million in fourth quarter 2012.

     

    For the fiscal year, sales were $17.1 billion, compared with $17.3 billion in fiscal year 2012, while the company incurred a loss of $1.46 billion, compared with a $1.04 billion loss the year before.

     

  • S&S sells Sunoco portfolio for $32 million to Cole Real Estate

    Dallas -- S&S Enterprises said it has sold a portfolio of 12 Sunoco fuel centers and convenience stores in central and southeast Florida for $32 million to entities managed by Cole Real Estate Investments.

    The portfolio consists of 37,275 sq. ft., with seven of the 12 locations having been redeveloped and all locations having received 20-year lease extensions.

  • Cloud-based software provider names new VP, sales

    TREVOSE, Pa. — Airclic, a global provider of cloud-based software that transforms the accuracy, efficiency and competitiveness of mobile supply chain and logistics operations, has appointed Charlie Virden as VP of sales.

     

  • Hershey’s posts sweet results in Q1

    HERSHEY, Pa. — The Hershey reported a net sales increase of nearly 6%, driven by core brand volume. Consolidated net sales were $1.8 billion for the first quarter ended March 31, compared with $1.7 billion for the same period last year. 

     

    Reported net income for the first quarter of 2013 was $242 million compared with $199 million for the same period last year.

     

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