Strategy

The company’s 10th acquisition in the last four years, the acquisition grows the packager’s presence in Canada.

The chain reported a full-year, same-store sales increase of 16.1% — double tat of the year prior — as it looks to add up to 60 stores in 2021.

The food-and-beverage brand will encompass 700 products across such categories as bakery, ice cream, trail mix, snacks, cake decorating supplies, mocktails and beverage mixers, among others.

The Charlotte-based packaged private brand foods provider has appointed Peter Laport to its top post; he has a wealth of experience in supply chain management.

The retailer is rolling out 20 more stores, including the debut of small-format stores in Florida, Texas, Arizona and Georgia.

On International Women’s Day, the retailer introduced a powerful ad spot that shined a light on female leadership at the company, including its own CEO Lauren Hobart.

Overall, members of the consortium produced 3.94 million wheels of cheese in 2020, marking the highest number in the cheese’s history.