Hormel's Acquisition of Applegate Farms Reflects Larger Trend
OFFICIAL NEWSLETTER OF THE PARK SLOPE FOOD COOP Established 1973 Volume JJ, Number 14 July 9, 2015 Hormel’s Acquisition of Applegate The Home Pharmacy Offers Farms Reflects Larger Trend Spices, Vegetables, Oils By Devin Harner to Keep You Healthy and hen Hormel Foods—a former Brooklynite. Garrett Valley, D’Artagnan, Wcompany best known The Coop currently stocks Organic Prairie and Brooklyn for Spam and canned chili— numerous Applegate meats, Hot Dog Company. Combat Common Ailments announced in May that they’d including: smoked turkey There is some overlap By Jaweed Kaleem be acquiring New Jersey’s breast, uncured slow-cooked with Applegate, and the packaged sausage, bacon and ham, roasted turkey breast, other brands mentioned deli meat stalwart, Apple- uncured Black Forest ham, are a bit cheaper—both gate Farms, it may not have Genoa salami, pepperoni, organic and otherwise—but registered for Coop members turkey pepperoni, turkey they don’t seem to offer the other than the most ardent bacon, uncured stadium beef sheer breadth of products foodies and financial-market hot dogs, uncured turkey hot that Applegate does. As the watchers. country’s largest producer With the deal slated to of organic processed meat, happen by July 28, 2015, and ... Applegate’s cold cuts and Applegate occupies a sweet Hormel’s recent announce- hot dogs are our top sellers, spot in the marketplace, ment of a new incoming Chief and the Coop moved $6,231 and at the Coop, attracting Operating Officer and Chief customers who care about worth of their products ILLUSTRATION BY CATY BARTHOLOMEW Financial Officer, I reached eating naturally and organ- out to Applegate to see how during the last week of ically, and giving them a In the food medicine cabinet: cinnamon, kale, pistachio, the acquisition might affect June alone.
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