United Natural Foods’ $2.9 billion deal to buy SUPERVALU and sell its 78-store Cub Foods chain and other retail banners proved the most popular with food-and-beverage readers this week. United Natural will sell off SUPERVALU’s retail operations to focus on the 15,000-employee wholesale operation, which serves stores in 40 states.
The decision by Kroger’s Foods Co Supermarkets to stop accepting Visa credit cards this month, a move that could spread to more Kroger banners, also made the top 10.
Several of this week’s most-read CPG stories focused on price increases. Plans by Procter & Gamble to raise prices on packaged goods under brands including Pampers, Bounty, Puffs and Charmin resonated with readers. Price increases by Hershey and Coca-Cola also made the list.
News that McDonald’s was celebrating the Big Mac’s 50th birthday by handing customers specially decorated MacCoins good for a free Big Mac was the most popular restaurant story this week, and Starbucks' new Italian-style bakery concept also ranked high.
Read the entire Top 10:
- SUPERVALU buyer to sell Cub Foods, other grocery chains
- P&G, Colgate-Palmolive raising prices on CPG products
- McDonald's marks 50 years of the Big Mac with the MacCoin
- Hershey to raise prices, divest 2 international businesses
- Sales of plant-based foods rise 20% in 1 year
- Coca-Cola to raise soda prices following cost pressures
- Starbucks rolls out Italian-style bakery concept
- Kroger-owned banner to bar Visa credit cards over swipe fees
- Jelly Belly goes retro with new line, fresh packaging
- Round Hill sells Necco, shuttering Mass. candy plant
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