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Hormel Foods Announces Executive Appointments

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Hormel Foods Announces Executive Appointments
February 22, 2021 GMT
AUSTIN, Minn., Feb. 22, 2021 /PRNewswire/ Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced the appointments of Jeff Frank to vice president of Grocery Products, leading the strategic integration of the Planters and Corn Nuts brands into Hormel Foods. The Planters and Corn Nuts acquisition was announced on February 11, and is expected to be completed by the summer. Frank currently serves as vice president of marketing for the Foodservice business within Hormel Foods. Additionally, Annemarie Vaupel, currently director of marketing for the Foodservice division, will advance to vice president of marketing for the Foodservice division. ....

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Regency Centers: 97% of tenants open | Jax Daily Record | Jacksonville Daily Record

Nearly a year after the COVID-19 pandemic forced widespread business shutdowns, Regency Centers Corp. says 97% of the tenants in its shopping centers are open.
However, the Jacksonville-based company is remaining cautious in its outlook in case a “reverse-course” scenario forces closures again in 2021.
“Despite a rise in cases in most markets and increased restrictions in some, we have been encouraged by continued improvement in our operating results and this is driven by further meaningful progress on rent collections,” CEO Lisa Palmer said last week during Regency’s quarterly conference call with analysts.
Regency reported fourth-quarter funds from operations of 76 cents a share, down from $1 the previous year. ....

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Hormel's $3.35B Planters purchase is an investment in more than just peanuts

Hormel’s $3.35B Planters purchase is an investment in more than just peanuts
MarketWatch
2/16/2021
© Kraft Heinz
The Planters brand may be best known for peanuts, but for its new owner, Hormel Foods Corp.’s $3.35 billion purchase of the portfolio of products from Kraft Heinz Inc. is an investment in a growing snack lineup.
“[W]e identified the Planters brand in our 2016 strategic planning process as a brand that would fit well into our growing and evolving portfolio,” said James Snee, chief executive of Hormel, on a call after the announcement was made.
Hormel’s portfolio of brands includes the namesake chili, bacon and other products, Spam and Dinty Moore. ....

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Hormel Foods Snags Planters Brand Portfolio from Kraft Heinz

Hormel Foods Snags Planters Brand Portfolio from Kraft Heinz
consumergoods.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumergoods.com Daily Mail and Mail on Sunday newspapers.

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Will all American cities soon look like Houston?

Its residents are the most diverse in the US. For decades, sociologist Stephen Klineberg has tracked their views. ....

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