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Premium Organic Food Companies & Distributors Gaining Superiority - Company Acquires Stake in Natural Organic Supplier


News provided by

FN Media Group LLC

Dec 19, 2013, 09:05 ET

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CORAL SPRINGS, Florida, December 19, 2013 /PRNewswire/ --

Market News Developments and updates for companies in the news recently: GRILLiT, Inc. (OTC: GRLT), Whole Foods Market, Inc. (NASDAQ: WFM), Starbucks Corporation (NASDAQ: SBUX), The Wendy's Company  (NASDAQ: WEN) and Chipotle Mexican Grill, Inc. (NYSE: CMG).

GRILLiT, Inc. (OTC: GRLT) today announced that it has acquired a 10% equity stake in Natura Foods, LLC, the exclusive distributor of "Gaucho Ranch" branded South American natural and organic grass-fed beef.  Additionally, the Company entered into a mutually exclusive supply agreement with Natura Foods for the supply of Gaucho Ranch organic beef products for its corporate restaurant operations. Natura Foods' Gaucho Ranch brand is dedicated to providing 100% natural and organic grass-fed beef free of antibiotics, hormones and grain from the South American Pampas of Uruguay. Gaucho Ranch cattle are fed only on vegetable proteins, without products or by-products of animal origin. The use of growth hormones is prohibited by law in Uruguay.

To read the full press release, please click here: http://www.fnmprofiles.com/profiles-grlt.html

"We are thrilled to have the opportunity to partner with Natura Foods," said GRILLiT CEO, Ghazi Hajj. "Gaucho Ranch and GRILLiT share the same high standards of quality and health. We are excited for this partnership moving forward." The supply agreement executed by the companies stipulates that GRILLiT shall purchase its beef exclusively from Natura Foods, and Natura Foods will supply the Gaucho Ranch brand beef only to GRILLiT restaurants in the fast casual dining restaurant sector. The Company plans to integrate the beef into its menu items over the next 30 days.

Whole Foods Market, Inc. (NASDAQ: WFM) was recognized this month as the 2013 Outstanding Food Donor at Food Lifeline's third annual Dress Down Hunger event. As part of the evening's Ending Hunger Awards, the leading natural and organic grocer was recognized for its donations and programs that support Food Lifeline's network of food banks, and work to end hunger in Western Washington.

With many schools and businesses preparing to break for the winter holidays this week, Starbucks Corporation (NASDAQ: SBUX) anticipates record purchases and activations of Starbucks Cards on Thursday, December 19. Last year, more than 2 million Starbucks Cards were purchased in the U.S. and Canada on the Thursday before Christmas - representing nearly 1,500 cards purchased per minute in the U.S. and Canada. "One in every 10 American adults received a Starbucks Card last holiday season, and we're on track for another record performance in Starbucks Card sales, as we celebrate our 13th year of offering Starbucks Cards. We are predicting that this Thursday and next Monday, Dec. 23, will be our busiest days for Cards sales," said Adam Brotman, chief digital officer for Starbucks.

Shares of The Wendy's Company (NASDAQ: WEN) have done amazingly well this year with a 50% rise since January, which outperformed the share price appreciation of McDonald's (NYSE: MCD) and Burger King Worldwide (NYSE: BKW) by a great margin. With 6,000 locations worldwide, Wendy's is still far away from reaching McDonald's huge scale of operations. However, constant menu improvements, quick drive-thru service, engaging marketing campaigns on Facebook and Twitter, and several other strategic initiatives are causing Wendy's top line to increase rapidly… Read the full story at http://www.fool.com/investing/general/2013/12/14/how-wendys-plans-to-take-over-the-burger-market.aspx

Chipotle Mexican Grill, Inc. (NYSE: CMG) has partnered with restaurateurs Bobby Stuckey and Lachlan Mackinnon-Patterson to launch a fast causal pizza concept called Pizzeria Locale. The first restaurant is located in Denver and is based on a full-service pizzeria by the same name located in Boulder, Colo. Pizzeria Locale opened its first fast casual location in partnership with Chipotle in May and is exploring options for second and third locations in Denver.

In other news: Apple Inc. (NASDAQ: AAPL) announced the all-new Mac Pro® will be available to order starting Thursday, December 19. Redesigned from the inside out, the all-new Mac Pro features the latest Intel Xeon processors, dual workstation-class GPUs, PCIe-based flash storage and ultra-fast ECC memory. Read the full news at http://finance.yahoo.com/news/mac-pro-available-starting-tomorrow-133000329.html

FinancialNewsMedia.com is leading provider of third party publishing &  news dissemination services. If you would like more information regarding our news coverage solutions, please visit  http://www.financialnewsmedia.com for more details. Get an edge on the market with our  Premium News Alerts that are FREE for a limited time at  http://www.financialnewsmedia.com/. Follow us on Facebook:  http://www.facebook.com/financialnewsmedia and Twitter:  http://twitter.com/FNMgroup. Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PRESS to 545454.  (SMS alerts are free, however data rates may apply, check your wireless plan for details.)

DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. FNMG was compensated one thousand five hundred dollars for the dissemination of the news released by Grillit, Inc. by the company.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.  

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company: FN Media Group, LLC
Contact email: [email protected]
U.S. Phone: +1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group LLC

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