Kraft Heinz has launched a new venture capital fund to invest in emerging tech companies that are transforming the food industry. Kraft Heinz has committed up to $100 million to the fund, named Evolv Ventures, and has hired investor Bill Pescatello to lead the fund.
Convenience stores are always changing and must improve shoppers’ experiences to overcome increased competition, the president and CEO of the Sheetz store chain says.
Albertsons president and chief operating officer Jim Donald has been appointed president and chief executive officer of Albertsons Companies. Chairman and CEO Robert Miller remains as chairman of the Board.
Tyler Cundiff, vice president of business development in Gray Construction’s food and beverage market, received the Construction Management Founders Society’s Young Construction Engineer of the Year Award at a reception held by the University of Kentucky’s College of Engineering.
H-E-B has announced plans to develop a world-class tech facility and innovation lab in East Austin, Texas, for its growing H-E-B digital team and Favor Delivery, the company’s Austin, Texas-based on-demand delivery service acquired earlier this year.
Six dairy companies have been chosen to participate in the 2018 Land O'Lakes, Inc. Dairy Accelerator, which will provide tailored coursework and mentorship to dairy entrepreneurs.