In the Purdue CFDAS May 2024 Consumer Food Insights (CFI) survey, 56% of more than 1,200 US shoppers said food prices rose the most over the past 12 months versus other common household expenses.
“As we look to the year ahead, our top priority is to accelerate our organic net sales growth, and specifically our volume growth, by delivering remarkable experiences across our portfolio of leading brands,” said Jeffrey Harmening, chairman and CEO.
The Kroger Co. is well-positioned in regulatory challenges to its pending $24.6 billion acquisition of Albertsons, said Rodney McMullen, Kroger chairman and CEO.
The acquisition by Minneapolis-based Rise Baking comes more than a year after Table Talk purchased the assets of Patisserie Gaudet, an Acton Vale, Que.-based baker of pies and tarts.