2013 Annual Report | Solving Hunger Together

Total Page:16

File Type:pdf, Size:1020Kb

2013 Annual Report | Solving Hunger Together 2013 ANNUAL REPORT SOLVING HUNGER TOGETHER Feeding America is the nation’s leading domestic hunger-relief organization. Our mission is to feed America’s hungry through a nationwide network of member food banks and engage our country in the fight to end hunger. Each year, the Feeding America network provides food to more than 37 million low-income people facing hunger in the United States, including 14 million children and nearly 3 million seniors. Our network of more than 200 food banks serves all 50 states, the District of Columbia and Puerto Rico, by securing and distributing 3.2 billion meals annually. Feeding America member food banks support more than 61,000 local charitable agencies, which provide food directly to individuals and families in need. LEADERSHIP 2 MEETING THE NEED 4 BUILDING HUNGER-FREE COMMUNITIES 8 ENGAGING THE NATION 15 DONOR HONOR ROLL 21 FINANCIALS 41 NETWORK MEMBERS 48 SOLVING HUNGER TOGETHER 2013 ANNUAL REPORT | 1 A Word from Our Leaders Dear Friends, Together we are solving hunger. This year, Feeding America provided 3.2 billion meals to people in need and grew to become a $1.9 billion organization. We strengthened and scaled interventions that reach vulnerable populations like children and seniors, released groundbreaking research, provided relief in the wake of Superstorm Sandy, and secured partnerships and technologies that help us more efficiently and effectively rescue excess food to put on the plates of people facing hunger. We are fortunate to have a broad range of dedicated and supportive partners. Individuals, charities, businesses and government all play a critical role in getting more food to more people. Together, we are implementing real solutions to the significant challenge of hunger in our country. We still have our work cut out for us. Severe threats to nutrition programs loom in Congress and food insecurity holds steady at an unacceptably high rate. While our economy shows signs of recovery, the 49 million people struggling with hunger have not felt it. As Feeding America’s Map the Meal Gap research shows, hunger exists everywhere—in every county and every community across the United States. Long-term food security strengthens communities, improves our educational system, supports a healthy work- force and helps develop a more prosperous future for our nation. Through programs and services, the Feeding America network supports our clients’ efforts to climb out of poverty and into a future free from hunger. Your engagement and support help improve food security for all. Together, we can ensure that every man, woman and child has access to the food they need to lead an active, healthy life today while building a more food-secure future for themselves and their families. Thank you for supporting Feeding America’s mission. David Brearton Bob Aiken Chair, Feeding America Board of Directors Chief Executive Officer Executive Vice President and Chief Financial Officer, Feeding America Mondel¯ez International 2 Board of Directors (June 2013) The Feeding America Board of Directors is made up of leaders from many industries who are dedicated to our mission to end hunger in America. David Brearton, Chair Deborah Flateman Keith D. Monda David Taylor Executive Vice President and Chief Retired President Group President – Global President and Chief Executive Officer Coach Inc. Health and Grooming Financial Officer Maryland Food Bank The Procter & Gamble Mondele¯z International DeDe Priest Company Casey Herman Senior Vice President, Marjorie Sybul Adams Partner General Merchandising Mark V. White Partner PricewaterhouseCoopers Manager Vice President, DLA Piper Walmart Merchandising Services Vincent M. Howell The Home Depot Bob Aiken Global Vice President Jan Pruitt Chief Executive Officer People and Organization President and Chief Matthew E. Winter Feeding America Mars Food & Drinks Executive Officer President, Allstate Auto, North Texas Food Bank Home and Agencies Paul Alexander Kathy Jackson Allstate Insurance Executive Vice Chief Executive Officer Terry Scully Company President and Chief Second Harvest Food President Communications Officer Bank of Santa Clara and Target Financial and Troy Zander, Liberty Mutual Insurance San Mateo Counties Retail Services General Counsel Partner Joan Chow Eric Leventhal Kevin Seggelke, DLA Piper LLP Executive Vice President Partner National Council Chair and Chief Marketing Spencer Stuart President and Chief Janet Gibbs, Treasurer Officer Executive Officer Chief Financial Officer ConAgra Foods Michael J. Lewis Food Bank of the Feeding America Executive Vice President, Rockies Geo Covert President of Retail Andrea Yao, Secretary Senior Vice President OfficeMax Chris Shea Legal Counsel The Kroger Co. Retired Executive Vice Feeding America Bill McMahon President Managing Director General Mills Morgan Stanley Wealth Management Group National Office Leadership (June 2013) Feeding America employs nearly 200 talented individuals in our Chicago national office, Washington, DC office and in field locations across the country to advance the mission of the organization. Bob Aiken Maura Daly Daphne Logan Bill Thomas Chief Executive Officer Chief Communication Senior Vice President Chief Supply Chain Officer and Development Officer of Human Resources Matt Knott Johanna Vetter President Janet Gibbs Eric Olsen Chief Brand and Chief Financial Officer Senior Vice President of Development Officer Government Relations SOLVING HUNGER TOGETHER 2013 ANNUAL REPORT | 3 MEETING THE NEED National Investment: Local Impact MEALS PROVIDED THIS YEAR TO Hunger exists everywhere—in 3.2B AMERICANS IN NEED every county and every community across the United States. As ONE GOAL: 1 BILLION ADDITIONAL MEALS ANNUALLY individuals, charities, businesses Feeding America has a strategic, network-wide goal and government entities, we all have to increase the number of meals we deliver annually a role to play in making sure our to people in need by 1 billion meals. Based on the neighbors have enough to eat. 2.6 billion meals the Feeding America network distributed in 2010, we aim to provide more than Together, we can help solve hunger 3.6 billion meals each year within the next five years. by getting more food to more Each Feeding America food bank is committed to people who need it. We can provide incrementally increasing their annual meal distribution nutritious foods like fresh fruits and based upon their capacity and the needs of the people in the community. United and organized, we will vegetables and help keep our continue to make a lasting impact in the fight to end communities healthy and strong. hunger nationally and locally. 4 MEALS PROVIDED THIS YEAR BY CHANNEL 19.1% 8.1% 888M MEALS 35.2% 734M MEALS 1.9% 7% 659M MEALS 460M MEALS 489M MEALS Purchased Fresh Federal Manufacturing Retail Food Produce Commodities Donations Donations Feeding America food banks sourced a total of 806 million meals of produce across all channels. Based on USDA guidelines, a meal from Feeding America equals 1.2 pounds. FY 2012 FY 2013 GROWING AND EXPANDING FOOD Feeding America is working to capture more fresh SOURCING INITIATIVES fruits and vegetables from the identified 6 billion This year, Feeding America’s food sourcing growth pounds that go to waste nationally each year. With significantly surpassed goals in fresh produce, federal a renewed focus on the connection between food commodities, manufacturing donations and retail insecurity and diet-related illnesses, Feeding America donations. The result was 14.5 percent total growth recognizes that access to fresh produce is not only an over fiscal year 2012 distribution, or more than 410 area with great potential for increased donations, but million additional meals. an essential component to the health and wellness of America’s low-income families. Partners like General As we invest in innovative practices, we reduce waste Mills and Nationwide Insurance Foundation have made and provide more food to our clients. In 2014, Feeding critical commitments to provide more fresh produce America will focus on significantly expanding our to the people we serve. food sourcing efforts in three key areas: new food acquisition programs like Online Marketplace, fresh produce initiatives and retail store donations. OF GROCERIES DISTRIBUTED BY Online Marketplace enables businesses like convenience FEEDING AMERICA ARE CONSIDERED stores, hotels and restaurants to connect directly with “FOODS TO ENCOURAGE,” WHICH local food bank agencies to donate small amounts of 68% ALIGN WITH USDA MYPLATE perishable foods that would generally be too costly to NUTRITION GUIDELINES rescue through national channels. Thanks to partners 7-Eleven, Inc., Bon Appetit Management Co., Hilton Worldwide Inc., Loaf ‘N Jug and Paradise Bakery & Feeding America is a national partner in the USDA’s MyPlate initiative, which provides recurrent opportunities to promote simple messages Cafe, owned by Panera Bread Company, Inc., Online and resources to encourage healthy eating throughout our network. Marketplace debuted at 20 food banks and 28 agencies and will expand its reach in 2014. Through the Retail Store Donation Program, Feeding America sustains strong national, regional and local relationships to secure nutritious, perishable foods THANKS A BILLION WALMART AND SAM’S CLUB like eggs, milk and lean meats—items that are the 1 BILLION BECAME OUR FIRST PARTNERS cornerstone of a family’s balanced diet. Because of TO DONATE 1 BILLION TOTAL our network’s infrastructure and expertise in food MEALS MEALS THROUGH THEIR STORE logistics
Recommended publications
  • Food and Beverage Industry Update November 2013
    Food and Beverage Industry Update November 2013 Member FINRA/SIPC www.harriswilliams.com Food and Beverage Industry Update November 2013 What We’re Seeing CONTENTS Food & Beverage in the Marketplace INDUSTRY VITAL SIGNS After an active finish to 2012 and a slow start to 2013, HW&Co. has seen pitch activity increase EQUITY MARKET OVERVIEW substantially across the food & beverage sector in the back half of 2013. Both strategic and private equity M&A MARKET OVERVIEW buyers continue to covet high quality food & beverage assets, and we expect that M&A activity at the beginning of 2014 with be at a “normal” level. The combination of strong financing markets, growth DEBT MARKET OVERVIEW oriented strategic buyers, and private equity fund expirations is fueling the strengthening market for food NOTABLE M&A ACTIVITY & beverage transactions. PUBLIC COMPARABLES What We’ve Been Doing EARNINGS CALENDAR Closed HW&Co. Transactions GROUP OVERVIEW Harris Williams & Co. is a leading advisor to the food and beverage a portfolio company of a portfolio company of a portfolio company of market. Our significant experience has divested a portfolio company of selected assets to covers a broad range of end has been acquired by has been acquired by has been acquired by markets, industries, and business has been acquired by and has been acquired by models. This particular report and focuses on trends and metrics in the following areas: • Agribusiness • Baked and Prepared Goods a portfolio company of • Beverages a portfolio company of a portfolio company of a portfolio
    [Show full text]
  • Growth Vehicles
    A PENTON MEDIA PUBLICATION supermarketnews.com | Monday February 11, 2013 | Vol. 61, No. 6 | $10.00 SNSUPERMARKET NEWS SUPPLY CHAIN CONFERENCE Ahold Will Share Data SN’s 2013 list of the With CPGs Growth Top 50 Small Chains and Independents refl ects By MICHAEL GARRY expansion by many of ORLANDO, Fla. — Ahold these operators — Page 16 USA, Quincy, Mass., plans Vehicles to launch a vendor collabo- ration initiative next month that will include sending POS, supply chain and mer- chandising data via a third- party to some number of its CPG suppliers in order to improve product availability and customer satisfaction. Ahold USA thus becomes the latest food retailer to fo- cus on exploiting the vast res- ervoir of data at its disposal. ILLUSTRATION BY SHUTTERSTOCK ILLUSTRATION See Ahold, Page 53 Delhaize Eliminates 500 Jobs as Part of Broad Restructure employees of the layoffs by Tuesday. The layoffs come in the wake of an execu- By JON SPRINGER tive restructuring announced last month that eliminated 25% of Delhaize’s SALISBURY, N.C. — The extensive organizational restructuring at Delhaize high-level leadership positions, as well as 45 store closures. America continued last week as offi cials said they would cut another 500 jobs. Roland Smith, Delhaize America’s chief executive offi cer, in a memo dis- The jobs, described as being “above the store manager level,” include 350 tributed to employees last week announcing forthcoming changes said “many current workers and 150 open positions. The company said it would inform of you will hear that your responsibilities will not change, some will learn about new opportunities and challenges, and some will hear the diffi cult news that you will be departing the organization.
    [Show full text]
  • Thanksgiving – Turkey Dinners
    USDA HOLIDAY RETAIL PROMOTIONS FEATURING POULTRY Advertised Prices effective through November 22, 2012 Thanksgiving 2012 This report provides a detailed breakdown of supermarket holiday promotions by region, state, and grocery chain including brand names, prices, and any special conditions for whole turkeys and bone-in turkey breasts; roaster chickens; capons; Cornish hens; chicken gizzards and livers; ducks and ducklings; geese; baking hens; rabbits; shell eggs and liquid eggs. Turkey Dinner Promotions - National Whole Turkeys ……………………………… 80 pages R Turkey Dinners ……………………………… 31 pages Northeast Region ……………………………… page 1 Southeast Region ……………………………… page 7 Midwest Region ……………………………… page 14 South Central Region ……………………………… page 22 Southwest Region ……………………………… page 28 Northwest Region ……………………………… page 30 Miscellaneous Poultry ……………………………… 40 pages Shell Eggs/Egg Products ……………………………… 37 pages Prices in U.S. dollars per pound unless otherwise noted. Note: BOGO = Buy one, get one free ABF = Antibitoic-free All information from publicly available sources including store circulars, newspaper ads, and retailer websites. USDA Agricultural Marketing Service, Poultry Market News & Analysis Division (202) 720-6911 - [email protected] HOLIDAY RETAIL PROMOTIONS FEATURING POULTRY (prices effective through November 22, 2012) Thanksgiving 2012 prices in US$ per complete dinner unless otherwise noted; information TURKEY DINNERS from publicly available sources including store circulars, newspaper ads, and retailer websites. Weight Item (whole
    [Show full text]
  • Final CFFA Merchandiser Report Southeast Ken Meyer
    Season recap Final CFFA Merchandiser Report Southeast Ken Meyer Executive Summary This was my first season with CFFA and it was full of ups and downs. Weather problems, shipping problems, dock strikes; all made retailers on edge during the season. Some retailers reported to me that it was one of the worst years in recent memory. Many complained that they could not get to the price point that they needed to have to move good volumes of fruit. This resulted in a number of cancelled promotions. Kroger Memphis, Kroger Atlanta, Harris Teeter, Winn- Dixie/BI-LO, Merchants Distributing, Ingles, and Belle Foods all decided not to run promotions that they had previously committed to. The reasons given were inconsistent supplies and quality. On the other hand Hitchcock’s of Florida, Houchen’s of Kentucky, Piggly Wiggly of South Carolina, and the Defense Commissary Agency ran display contests…some of them for the first time ever. And results were very positive. Retail tags for our TV ads went out to Tampa and Jacksonville Florida, Nashville, Tennessee, and Charlotte, North Carolina. We separated timing of the commercials in Jacksonville and Tampa markets. Publix asked us for a separate commercial from the normal TV ad and so both Tampa and Jacksonville got one ad for Publix and Winn Dixie got the other ad. Harris Teeter got the tag line in Charlotte, with Food Lion turning it down. Thousands of points of sales materials were sent to retailers throughout the Southwest. Many of retailers commented that they had never seen this material before and really liked the colorful displays they could make from our POS.
    [Show full text]
  • Greers Invest Board of Advisors in Local Grocery Chain ADVANCED TECHNOLOGY IS: Fiber Optic Data That Doesn’T Slow You Down
    Mobile Area Chamber of Commerce AUGUST 2014 the FREE Business Expo, Aug. 27 5th Generation of Meet the Chamber’s Greers Invest Board of Advisors in Local Grocery Chain ADVANCED TECHNOLOGY IS: Fiber optic data that doesn’t slow you down C SPIRE BUSINESS SOLUTIONS CONNECTS YOUR BUSINESS. • Guaranteed speeds up to 100x faster than your current connection. • Synchronous transfer rates for sending and receiving data. • Reliable connections even during major weather events. CLOUD SERVICES Get Advanced Technology Now. Advanced Technology. Personal Service. 1.855.212.7271 | cspirebusiness.com 2 the business view AUGUST 2014 the Mobile Area Chamber of Commerce AUGUST 2014 | In this issue ON THE COVER The G-5s – the fifth generation to help run From the Publisher - Bill Sisson Autry Greer & Sons, Mobile’s only locally owned grocery store chain, are pictured here at a store on Cottage Hill Road. They are, from left to right, Stephen Thomas, Jackson Business Expo is Your Chance to Network Thomas, Gray Fobes, Les Buerger and Lucy Networking means something This year’s exhibitors Greer Cheriogotis. See pages 12-13 to learn different to just about everyone. represent an even more varied more about the company. Photo by Jeff Tesney. Doing it is an exercise that gets easier cross-section of businesses from over time, with lots of practice. throughout our region. We’re This month, challenge yourself particularly proud of this event, 4 News You Can Use to attend the Mobile Area billed as Mobile’s largest one-day Chamber’s Business Expo on networking event. Spanning five 7 Small Business of the Month: Wednesday, Aug.
    [Show full text]
  • Retail Consignees for Recall 025-2013
    United States Food Safety Department of and Inspection Agriculture Service RETAIL CONSIGNEES FOR FSIS RECALL 025-2013 FSIS has reason to believe that the following retail location(s) received frozen chicken quesadilla and various other heat treated, not fully cooked frozen mini meals and snack items products that have been recalled by Rich Products Corporation. This list may not include all retail locations that have received the recalled product or may include retail locations that did not actually receive the recalled product. Therefore, it is important that you use the product-specific identification information, available at http://www.fsis.usda.gov/News_&_Events/Recall_025_2013_Release/index.asp http://www.fsis.usda.gov/News_&_Events/Recall_025_2013_Expanded/index.asp, in addition to this list of retail stores, to check meat or poultry products in your possession to see if they have been recalled. Retail List for Recall Number: 025-2013, Frozen Snack Products List Current As Of: 18-Apr-13 Nationwide, State-Wide, or Area-Wide Distribution Retailer Name Location 1 A&P Stores in NJ and NY Albertson's Stores in AR, ID, LA, MT, ND, NV, OR, TX, WA 2 and WY 3 Alco Nationwide 4 Apple Market Stores in KS, MO and NE 5 Big Y Stores in CT, and MA 6 Bi-Lo Stores in GA, NC, PA, SC and TN Stores in CT, DE, FL, MA, ME, MD, NH, NJ, NC, 7 BJs NY, OH, PA, and VA 8 Brookshire Brothers Stores in AR, LA, and TX 9 Bruno's Stores in AL 10 Coborn's Stores in MN 11 Country Mart Stores in AR, KS KY, MO, and OK 12 Dahl's Stores in IA 13 Demoulas Markets Stores
    [Show full text]
  • FIRST NEWS Your Daily Food Industry Update
    The Right Information. Right Now. Tuesday - 07/03/2012 - Page 1 FIRST NEWS Your daily food industry update other minority holders -- Smart Balance said the acquisition, as well as the COLLECTIONS PLACED refinancing of existing outstanding debt, was funded with the proceeds of a new $280 million senior secured credit facility -- Based in Denver, CO, Udi's Latin American Grill Doral -- Miami, FL (#853174) -- $5,555 Healthy Foods marketed gluten-free products under the Udi's Gluten Free Foods brand in the retail market and foodservice channels -- According to Smart Balance, for the 12 months ended March 31, Udi's Healthy Foods' RATING CHANGES sales were $60.9 million -- Smart Balance said the inclusion of Udi's Healthy Food in its portfolio of health and wellness brands will position the business Better Class Foods, Inc. -- dba People's Choice -- L to I as a leader in gluten-free, accelerate its growth rate and further diversify its Brooklyn, NY (#73013) mix toward high-growth natural brands (#852620) R=Recommended L=Limited I=Inconclusive C=Cautionary Status H=High Risk T=Too New to Score S=Significant Event U=Unable to Score NEWS DIGEST SPECIAL UPDATE Belle Foods, LLC -- Birmingham, AL -- Belle Food completes purchase of Southern Family Markets P.F. Chang's China Bistro, Inc. dba P.F. Chang's China Bistro - - Scottsdale, AZ -- P.F. Chang's China Bistro Inc and Centerbridge Partners LP announced July 2 that Wok Acquisition Corp successfully A representative of Belle Foods LLC, a recently established completed the tender offer for all outstanding shares of P.F.
    [Show full text]
  • Exclusivebrandsourcing Retailer/Wholesaler Database
    EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER DATABASE Copyright 2015 © Exclusive Brands LLC N/A = Not Available or Not Applicable A.S. WATSON GROUP 1-5 Wo Liu Hang Road, Fo Tan, New Territories, Hong Kong, CHINA Tel: +852 2606-8833 Fax: +852 2695-3664 www.aswatson.com Total 2012 Revenues: $18.9 Billion(HK$ 146.6 Billion) +4 % Percentage of Sales in Exclusive Brands: N/A Principal Business: A.S. Watson is the retail group owned by Hutchison Whampoa Limited, a HK $ 398.4 billion ($51.3 billion) +4%, multi-national conglomerate, which is also active in port investments, infrastructure (energy, transportation, water, etc.), telecommunications, and finance. The company roots trace back to 1829 as a small dispensary, offering free medicine to poor Chinese in the province of Guangdong (Canton). A.S. Watson, now contributes 36.8% of total parent company revenues, through its operation of 10,865 retail outlets under some 20 banners located in 33 markets, specifically in 22 European countries and 20 countries in Asia. This business encompasses a diverse portfolio: health and beauty stores, luxury perfumeries and cosmetic outlets, supermarkets, consumer electronics and electrical appliances stores, and airport duty free shops. Divided into five sub-divisions, the company operates Health and Beauty China (HK$ 15.4 billion +17%) with 1,438 stores; Health and Beauty Asia (excluding mainland China) (HK$ 18.1 billion +7%) with 1,684 stores; Health and Beauty Europe (HK$ 61.6 billion +1%) with 5,599 stores; Luxury Europe (HK$ 16.6 billion -7%) with 1,656 stores; and Other Retail & Manufacturing (HK$ 36.9 billion +6%) with 488 stores and production of water and juices.
    [Show full text]
  • The Food Partners, Capital IQ, News Releases 90 MERGERS & ACQUISITIONS Transactions
    www.thefoodpartners.com Mergers & Acquisitions PRESENTED BY THE FOOD PARTNERS February 2018 MERGERS & ACQUISITIONS MERGERS & ACQUISITIONS The Times They Are A Changin’ Shifting • Millennials – the tip of the iceberg Consumer • Healthy meal solutions are finally in vogue Tastes and • Consumers are on the move and experimenting Preferences • Consumers are coming out of the closet • These changes are accelerating with momentum The Retail • Ecommerce – the evil force that has invaded every market in the U.S. Landscape • Expansion of Dollar store formats taking a small bite at a time • Retailers have changed what is in the box more in the last twenty four months than in the last ten years 85 MERGERS & ACQUISITIONS Year in Review • August 2016 – Walmart acquires Jet.com for $3 billion • June 16, 2017 - the retail grocery sector was turned upside down when Amazon announced the acquisition of Whole Foods for $13.4 billion ➢ Amazon’s acquisition of Whole Foods will have a minimal direct impact at retail, but will be the catalyst to cause radical change in the industry • September 2017 – Albertsons announces the acquisition of Plated for $200 million • June 2017 to January 2018 – Instacart announces that it has partnerships with Aldi, Albertsons, BJ’s Market, Costco, CVS, Food Lion, Loblaw, Kroger, Price Chopper, Sprouts, Stater Bros., Wakefern, Wegmans and other retailers • November 2017 – Instacart secures $400 million of additional capital to fund growth – the company is valued at $3.4 billion – workers strike for several days and claim they
    [Show full text]
  • 2013 List of Registrants
    Company FirstName LastName Title City State 4T's Grocery ANN TAYLOR 4T's Grocery TIM TAYLOR 5th Street IGA Sherry Huenemann Minden NE 5th Street IGA William Huenemann Owner Minden NE 99 Ranch Market Tee Jaw 99 Ranch Market Ty Truong A & R Supermarkets Ann Davis Calera AL A & R Supermarkets Bill Davis Partner Calera AL A & R Supermarkets Jan Davis Calera AL A & R Supermarkets Margarita Davis Calera AL A & R Supermarkets Phillip Davis President Calera AL AAIA MICHAEL BARRATT AAIA MICHAEL BARRATT AAIA ARLENE DAVIS Abco Enterprises Adam Sepulveda Manager Ogden VT Abco Enterprises Suzette Sharifan President Ogden VT Accelitec, Inc. Tom Bartz CEO Bellingham WA Accelitec, Inc. Steve Byron VP - Sales Bellingham WA Accelitec, Inc. Christine Schneider Director -Business Development Bellingham WA Accelitec, Inc. Marty Schroder Accelitec Bellingham WA Accelitec, Inc. Edward West Director - Merchant Operations Bellingham WA AccuCode, Inc. Todd Baillie VP Sales & Marketing Centennial CO AccuCode, Inc. John Butler Director of AO: Apps Centennial CO AccuCode, Inc. Robyn Crotty Marketing Coordinator Centennial CO Ace Hardware Corporation Curt DeHart Director New Business Oak Brook IL Ace Hardware Corporation CARLO MORANDO Oak Brook IL Ace Hardware Corporation Mike Smith Grocery Channel Manager Oak Brook IL ACS Chuck Daniel Dir of Corporate Development Nottingham MD Action Retail Services JOHN GILLIS VP BUSINESS DEVELOPMENT FULLERTON CA ADT Teal Hausman Jack of all Trades San Antonio TX ADT Cesar Lopez Sales/Buyer San Antonio TX Advance Pierre David Minx VP Strategic Sourcing Cincinnati OH Advance Pierre Shawn Sparks Director of Strategic Sourcing Enid OK Advance Pierre Mike Zelkind SVP Cincinnati OH Advanced Inventory Solutions Tim Bayer President Grand Rapids MI Advanced Inventory Solutions Richard Heetai Regional Manager Grand Rapids MI Advanced Inventory Solutions Steve Southerington Dir.
    [Show full text]
  • Why Retail Is a Bright Spot in Food Industry M & A
    Why Retail is a Bright Spot in Food Industry M & A March 21, 2019 Brian Todd President The Food Institute WWW.FOODINSTITUTE.COM MISSION The Food Institute (FI) is the single source for information, analysis and reporting for the food industry ‘from farm to fork’. FI provides balanced coverage of food trends through multiple channels so that industry professionals worldwide can tap in when and how they choose. Overall Food Industry M & A Slowed In 2018 591 527 503 505 410 316 311 2012 2013 2014 2015 2016 2017 2018 Source: Proprietary data from The Food Institute. Food Processors Account For 30% Of Deals Retailers Make Up 17%! 16% 30% Food Processors 3% Investment Firms & Banks 5% Foodservice & Restaurants Retailers Diversified Firms Wholesalers 17% Others 14% 15% Proprietary Information: Food Institute LLC, Upper Saddle River, NJ A Few Of The Findings • ConAgra acquired Pinnacle Brands • Ferrero acquired Nestles U.S. confections • General Mills and Smuckers invest in pets • Tyson buys lab-grown meat startups Supermarket M&A Rebounded In ’18… 36 36 36 29 28 22 19 1999 2012 2013 2014 2015 2016 2017 Proprietary Information: Food Institute LLC, Upper Saddle River, NJ On the Retail Side UNFI • SUPERVALU LIDL • Best Markets Walmart • Flipkart Spartan Nash • Martins Proprietary Information: Food Institute LLC, Upper Saddle River, NJ Available Soon at www.foodinstitute.com Contact Info Brian Todd [email protected] www.thefoodpartners.com Why Retail is a Bright Spot in M&A PRESENTED BY THE FOOD PARTNERS March 2019 MERGERS & ACQUISITIONS Retail Landscape • Amazon’s acquisition of Whole Foods was the catalyst for several major competitors radically altering their strategic plans • Amazon and Walmart are like two elephants wrestling and all of the other retailers in the U.S.
    [Show full text]
  • Food and Beverage Industry Update December 2013
    Food and Beverage Industry Update December 2013 Member FINRA/SIPC www.harriswilliams.com Food and Beverage Industry Update December 2013 What We’re Seeing CONTENTS Market Update INDUSTRY VITAL SIGNS November was a busy trade show month with the Restaurant Finance and Development Conference and EQUITY MARKET OVERVIEW Private Label Manufacturers Association show. While the weather hampered many people’s travel to the M&A MARKET OVERVIEW PLMA in Chicago, we were able to catch up with many of you on the floor at each event. We came away with the impression that strategic buyers in the Food & Beverage and Restaurant segments are actively DEBT MARKET OVERVIEW looking to grow through M&A, but have more focused strategies than ever and will be very “picky” about NOTABLE M&A ACTIVITY which deals they decide to pursue next year. The private equity community’s interest in both sectors PUBLIC COMPARABLES continues to be strong and consistent feedback is that the lack of high quality opportunities in the market EARNINGS CALENDAR still persists. Many expected M&A activity in 2013 to bounce back faster due to a rush of sellers looking to take advantage of aggressive financing markets, but that wave of deals is more like a slowly rising GROUP OVERVIEW tide. With our current backlog and pitch activity in the Food & Beverage and Restaurant sectors, we continue to believe that 2014 will represent a more normalized M&A environment. Harris Williams & Co. is a leading advisor to the food and beverage What We’ve Been Doing market. Our significant experience covers a broad range of end Closed HW&Co.
    [Show full text]