Food & Bev

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Golding Farms Foods gets new CEO

Joining as CEO is John Frostad, an entrepreneur and executive with more than 30 years of experience in the private label and branded packaged food industry.

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Walmart shakes up U.S. leadership teams in food, merchandising

Walmart is making big changes to its food leadership team, according to an internal memo obtained by Reuters. “The changes come at a time when the world's largest retailer has been conducting price tests across several U.S. states and pushing vendors to undercut rivals,” according to the report, which also pointed to increased pressures from Lidl and the expansion of Aldi, who with strong private brands portfolios have “raised the stakes for American grocery chain operators.” (Reuters)