Already have an account? Sign in.

 Remember Me | Forgot Your Password?
Sign up for our newsletter or create your own insight alert. If you want us to track a particular topic – just tell us   Bookmark and Share
GO
Create your own alert.
Contents
 

Tesco Moves To Make Sure Promo Prices Are Updated

UK retailer Tesco is making sure that prices on stores’ on-shelf promotions are up to date. Tesco took the step following a story by an undercover reporter broadcast by the BBC Inside Out TV program. According to the reporter, promotional offers at two-thirds of Tesco stores visited had prices were out of date and not honored at the checkout. Also, some stores failed to remove old labels on the shelves even after reporters told them of the discrepancies.

"Tesco Orders Promotion Checks after Damning BBC Probe", The Grocer, February 13, 2017

Aldi Continues To Beat Back Resistance By Big U.K. Grocery Chains

The U.K.’s big supermarket chains are resisting the successful invasion by German discount grocers Aldi and Lidl. Tesco Sainsbury’s, Asda and Morrisons have all implemented strategies that sacrifice profit to fund price cuts, improve service, and retain market share. All say the price gap with the discounters has narrowed. But an Aldi exec says its own data show that “if anything, the price differential between Aldi and the big four is growing at the moment.” And Aldi is still growing sales .Industry data show Aldi has overtaken the Co-operative to become Britain's fifth largest chain with a market share of 6.2 percent. It has grown total sales by 12.4 percent, thanks in part to an aggressive store building program.   [ Image credit: © ...  More

"Aldi still thriving in U.K., despite rivals' claims, says CEO", Reuters, February 10, 2017

Whole Foods Posts Record-High Sales For 1Q 2017

Whole Foods Market, Inc. reported total sales grew 1.9 percent to $4.9 billion for the 16-week first quarter ending January 15, 2017, compared with the same quarter in the previous year. Same-store sales, however, dropped 2.4 percent during the same period. According to the retailer, net income was $95 million, which was 1.9 percent of sales. EBITDA were $360 million, or 7.3 percent of sales, while diluted earnings per share were $0.30. Excluding charges, net income was $123 million, or 2.5 percent of sales, with diluted earnings per share at $0.39. EBITDA was 7.6 percent, with return on invested capital at 12 percent, the company said.

"Whole Foods Market Reports First Quarter Results", Whole Foods, February 08, 2017

Green America Asks Mars To Do More Than Just Label GMO Products

An organization focused on a “green economy” is mobilizing its supporters to pressure candy maker Mars through an email campaign (GMO Inside) to remove genetically modified organisms (GMOs) from its human and pet foods. In 2016, Mars said it would remove artificial colors and begin listing GMO ingredients on human food packages. Green America congratulated Mars on these moves, but is now asking the company to do more than simply label GMOs. The organization maintains a chocolate scorecard on its website that shows which chocolate products are free of GMOs.  [ Image credit: © Evan-Amos, Wikimedia  ]

"For Valentine's Day, Green America Urges Mars to Dump GMOs and Related Toxins", News release, Green America, February 08, 2017

Snyder’s-Lance Adds Organic Version To Pretzel Cracker Line

Snack food manufacturer Snyder's-Lance, Inc., announced an addition to its Snack Factory Pretzel Crisp line. The company said the new Organic Original Pretzel Crisps, which will be available for a limited time nationwide, are also Non-GMO Project verified. Pretzel Crisps are the first flat-baked pretzel cracker. At 110 calories a preserving, the organic variety contain no saturated fat or trans fat, no cholesterol, preservatives, artificial flavorings or colors. [ Image credit: © Snack Factory ]

"Snack Factory Introduces USDA-Certified Organic Pretzel Crisps", News release, Snyder's-Lance, Inc., February 07, 2017

Effective Social Media Involvement Of Super Bowl 51 Fans Stretched Ad Dollars

Interactive ad strategy – use of live-streams, paid social advertising, and giveaways – were the hallmarks of successful social media and mobile campaigns for several Super Bowl 51 advertisers. Especially effective was PepsiCo’s Lady Gaga halftime show strategy for its Pepsi Zero soft drink, but Budweiser, casual dining chain Buffalo Wild Wings, and Snickers were also able to stretch their airtime ad dollars using social media. Pepsi sponsored a number of giveaways during the game in which football fans who were social media users could interact with Pepsi sites up to halftime. They were then given a chance to win merchandise by re-posting Pepsi’s tweets.   [ Image credit: © PepsiCo ]

"How Pepsi was One of Few to Leverage Mobile for Super Bowl LI", Mobile Marketer, February 07, 2017

Hometown Of “Mork And Mindy” Attracts Growing Number Of Foodie Entrepreneurs

Boulder, Colo., -- the hometown of the late-1970s sitcom "Mork and Mindy" -- has become the ideal location for a new generation of food producers, mainly because it offers the right ingredients, packaging suppliers, and infrastructure for eco-conscious foodie entrepreneurs who are challenging Big Food. Among these startups – or, if you will, upstarts – are “clean” microwave popcorn maker Quinn Snacks, which moved west in 2011 from New York. Also Purely Elizabeth, Made in Nature and Good Karma Foods. They all moved to Boulder to take advantage of a “deep bench of food executives,” a food retail environment focused on innovation and experimentation, and the availability of investment cash. Another attractive feature: the burgeoning ...  More

"Foodies Know: Boulder Has Become a Hub for New Producers", The New York Times, February 04, 2017

PepsiCo To Expand Beverage R&D Facilities In N.Y.

PepsiCo is negotiating with the town of Mount Pleasant, N.Y. (Westchester County), to expand its beverage research campus with a three-story, 122,000-square-foot R&D facility. The mayor of the town welcomed the news because the new facility would not only mean increased property taxes, it would provide employment. The town’s industrial development agency may grant the company sales and use tax exemptions on purchases of construction materials, as well as a partial real property tax abatement in the form of a payment in lieu of taxes agreement. [ PepsiCo headquarters, Purchase, N.Y.; image credit: © Peter Bond, Wikimedia ]

"PepsiCo Planning R&D Expansion, Renovations in Mount Pleasant", Westchester County Business Journal, February 02, 2017

A Closer Look At Major Food Retailer, Restaurant Chain Clean Label Policies

A consumer watchdog organization has analyzed the clean label initiatives of four big restaurant chains and nine supermarket chains finding that all have committed to excluding additives, such as synthetic food dyes and artificial sweeteners like aspartame. Except Whole Foods, the supermarket chains have limited their commitments to one or more lines of their house-brand products, according to the Center for Science in the Public Interest (CSPI). Other findings: none of the clean label lists limit sodium or added sugars; all exclude many artificial ingredients that CSPI considers safe; and restaurant policies do not include “riskiest” beverage ingredients such as added sugars, artificial sweeteners, and synthetic food colors. One ...  More

"Clean Labels: Public Relations or Public Health?", Report, Center for Science in the Public Interest, February 01, 2017

Hellman’s Fulfills Cage-Free Egg Pledge Three Years Early

Mayonnaise maker Hellman’s, a Unilever brand, announced that after a reorganization of its egg supply chain – involving 331 million eggs annually – all of its mayonnaise and dressings brands are now made with eggs from cage-free hens. The change in U.S. brands comes three years ahead of the company’s commitment announced in 2010. It affects 170 million jars, 30 million squeeze bottles, and 1.3 million egg-laying hens annually. A Humane Society spokesman said “Hellmann's move shows just how in synch the company is with its customers."  [ Image credit: ©  Wikimedia Commons ]

"Hellmann's Mayonnaise And Mayonnaise Dressings Now Use 100% Cage-Free Eggs In The U.S.*, Three Years Ahead Of Schedule", News release, Unilever U.S., January 23, 2017

 
Deals, M&A, JVs, Licensing  

Reckitt Benckiser Plans To Buy Mead Johnson Nutrition Company

Reckitt Benckiser Group PLC said it plans to buy Mead Johnson Nutrition Company. Total value of the proposed acquisition deal is $17.9 billion, or $90 per share in cash, valuing Mead Johnson’s equity at $16.6 billion. Including Mead Johnson’s net debt, the deal is expected to help RB become a global leader in the consumer health market.

"Reckitt Benckiser Group Plc to Acquire Mead Johnson Nutrition Company", Reckitt Benckiser, February 10, 2017

Developed by Yuri Ingultsov Software Lab.