We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?
<<25262728293031323334>> Total results:2960 References Per Page:

Unilever May Shed Its Weight Loss, Pasta Sauce Brands

April 24, 2014: 12:00 AM EST
Unilever acknowledged it is reviewing the sales performance of its SlimFast weight loss brand as well as its pasta sauces unit, which includes the Ragu brand. A company spokesman said the review could lead to a divestiture of the product lines, but “it doesn’t necessarily have to”. Purchased in 2000 for £1.4 billion, the SlimFast line was badly bruised by the rise of the Atkins low-carb products starting in 2003, and has recently felt the impact of Kellogg’s refocus of some of breakfast cereals as weight loss products. Industry experts say Unilever’s plan is to focus more tightly on its health and beauty businesses.
Julia Kollewe, "Unilever puts SlimFast and US pasta sauce range up for sale", The Guardian, April 24, 2014, © Guardian News and Media Limited
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide

Yogurt Maker Chobani Gets A $750 M Shot In The Arm To Fund Expansion Plans

April 23, 2014: 12:00 AM EST
New York-based yogurt maker Chobani has secured a $750 million loan to fuel aggressive expansion plans, specifically to add new products and begin marketing internationally. Private equity firm TPG Capital is providing a second-lien loan, which puts the company behind banks that have financed Chobani since 2005 if there is a default. TPG is also receiving stock warrants tied to performance targets that could give it a 20 percent to 35 percent equity stake if the company performs well.
William Alden, "Seeking to Grow, Chobani Secures $750 Million Loan", The New York Times, April 23, 2014, © The New York Times Company
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Waitrose Begins Trial Period For In-Store Cheese And Wine Tasting Concept

April 21, 2014: 12:00 AM EST
UK retailer Waitrose is testing an in-store concept, which involves serving gourmet cheese boards and wines by the glass at one of its supermarkets. Designed to allow customers to try products sold at the Keynsham Somerset store, the concept includes benches, tables, a fresh juice bar, and a wine tasting area. Waitrose also offers wine tasting at its stores in Cambridge and Kingston.
Lauren May, "Waitrose trials in-store wine bar", The Drinks Business, April 21, 2014, © Waitrose
Domains
FOOD COMPANIES
Retailers & Private Label
Geographies
Worldwide
EMEA
Europe
United Kingdom

Fruit d Or Unveils Cranberry Powder Capsules For Urinary Tract Health

April 15, 2014: 12:00 AM EST
Fruit d'Or has introduced encapsulated cranberry powders with a fill weight of 500 mg of pure cranberry for urinary tract health. The company uses an advanced encapsulation technology involving a two-piece capsule without the use of lubricating agents. Capsules contain no fillers, chemicals, additives or excipients, and are easy to swallow. Fruit d'Or is the only cranberry company that plants, grows, harvests and dries its own cranberry product into nutraceutical powders. The company guarantees a standardized potency of its natural cranberry powders to contain a minimum of 10 percent PAC content.
"Fruit d'Or debuts first encapsulated cranberry powders", New Hope 360, April 15, 2014, © Penton
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Maxwell House Ads Tout Its “Good” Coffee As Being, Well, Good Enough

April 15, 2014: 12:00 AM EST
The Kraft-owned Maxwell House coffee brand is revamping its advertising strategy toward a lower-key, back-to-basics message: its brew is “Good” – not Great – “To The Last Drop”. AdWeek notes that the definitely “underwhelming” theme pushes the point that there’s just too much hyperbole in ads these days: awesome, amazing, etc. Good is good enough, though in one ad the man tasting the coffee almost proclaims it “Great”, before getting back on-message. The ads are targeting baby boomer java imbibers who perhaps are not yet as enamored of Starbucks and other “Great!” coffees as their kids.
Emma Bazilian, "Ad of the Day: Maxwell House Says Its Coffee Is Good, Not Great, and Means It W+K takes aim at hype", AdWeek, April 15, 2014, © Adweek
Domains
FOOD COMPANIES
Kraft Foods
Geographies
Worldwide
North America
United States of America

Bottling Change, Discount Policy, May Have Knocked The Wind Out Of Coca-Cola’s U.K. Sales

April 15, 2014: 12:00 AM EST
Coca-Cola’s March relaunch of several beverage brands in smaller (1.75 liter) bottles has deflated sales in great Britain by double digit rates. Coca-Cola, Diet Coke and Coca-Cola Zero in 2 liter bottles were downsized to cater to a broader range of “consumption occasions and shopping missions”, specifically the smaller volume, more frequent shopping trip, according to the company, which does not break out sales by country. Great Britain sales were also hurt by its bottling partner maintaining “disciplined pricing” – no deep discounting – during the quarter. Volume sales across Europe fell four percent year on year in the quarter ending March 28. Revenue was up 10 percent to $1.3 billion, with operating income up five percent to $719 million.
Lara O'Reilly, "Coke Great Britain sales impacted by shift to smaller bottles", Marketing Week, April 15, 2014, © Centaur Communications Ltd
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
Worldwide
EMEA
Europe
United Kingdom

P&G Sells Pet Food Business To Mars In $2.9 B Deal

April 10, 2014: 12:00 AM EST
Procter & Gamble is selling its pet food division to candymaker Mars Inc. for $2.9 billion in cash to focus more closely on its personal care and fabric care businesses. Market analysts said P&G is taking the step to boost stock value after several recalls of Salmonella-tainted pet food damaged the bottom line. Virginia-based Mars will keep 1,100  P&G employees in the Cincinnati, Ohio, area, and will acquire five pet food manufacturing sites in the U.S. P&G will retain ownership of the Cincinnati facilities, as well as two pet food factories that make other P&G products outside the U.S. P&G’s pet foods include the billion-dollar Iams brand, Eukanuba and Natura. Mars has a pet food division based in Belgium.
Barrett J. Brunsman, "Hundreds of Cincinnati jobs affected by P&G sale of pet food brands", Cincinnati Business Courier (Ohio), April 10, 2014, © American City Business Journals
Domains
FOOD COMPANIES
Procter & Gamble
Geographies
Worldwide
North America
United States of America

Dieters, Who Can’t Get No Satisfaction, Shun “Diet” Foods And Beverages

April 10, 2014: 12:00 AM EST
Once fixated on calories and weight loss, dieters have taken a new tack. They still want to lose weight, but they don’t want to feel deprived. They’re tired of foods that provide only short-lived satisfaction. They’re thinking that eating foods with more protein or fat will keep them from binge eating later, even if they might be higher in calories. The trend is seen in so-called diet foods: sales of Special K cereal are down seven percent since 2012; sales of Nestle's Lean Cuisine dropped 27 percent in the past four years; and sales of Diet Coke and Diet Pepsi fell seven percent in 2013. All of these brands are making adjustments to their product lines to counter the trend.
Candice Choi, "Dieters move past calories, food makers follow", The Big Story, April 10, 2014, © The Associated Press
Domains
FOOD COMPANIES
PepsiCo
Geographies
Worldwide
North America
United States of America

HERZA To Unveil New Customized Protein, Energy Bars At Trade Fair

April 9, 2014: 12:00 AM EST
German contract chocolate maker HERZA Schokolade will introduce at the PLMA trade fair in Amsterdam new products in the functional bar category as well as in small chocolate pieces for muesli, baked goods and ice cream. New products will include Mini Clusters that can used as ingredients, as chocolate snacks, or in combination with cereal, nuts and fruit. The company is also debuting high-protein bars called Color-Snackers. HERZA can make the bars for customers in different formats, from 35 to 100 grams, in various lengths, widths and thicknesses. HERZA produces customized energy and protein bars for major brands in sports nutrition, diet food, and health and lifestyle products.
"HERZA debuts functional bars, chocolate pieces", NewHope360, April 09, 2014, © Penton
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
EMEA
Europe
Germany

ConAgra Foods May Face Criminal Charges Over 2007 Tainted Peanut Butter Recall

April 2, 2014: 12:00 AM EST
A federal investigation launched in 2011 over a 2007 recall of Salmonella-tainted Peter Pan and Great Value peanut butter may result in criminal charges against the owner of the Sylvester, Ga., production plant, ConAgra Foods, Inc. The company said in a statement, however, that it was negotiating with the U.S. Department of Justice and it believes the outcome will be a “misdemeanor criminal disposition” of the case. The focus of the investigation was a damaged  roof that may have led to water-contamination of the production process. The tainted peanut butter purportedly caused 288 foodborne illnesses across 39 states.
"Federal Criminal Charges Against ConAgra Still Possible Over Peter Pan Outbreak", Food Safety News, April 02, 2014, © Food Safety News/Marler Clark
Domains
FOOD COMPANIES
ConAgra
Geographies
Worldwide
North America
United States of America

Hormel Adds Breakfast Meals – Including Shelf-Stable Eggs – To Compleats Line

April 2, 2014: 12:00 AM EST
Hormel Foods has introduced four single-serve breakfast meals, including two with real eggs. The company says the new ready meals, part of the Hormel Compleats product family, were developed for Americans who feel breakfast is important but often skip the meal because they don’t have the time to prepare or eat it. The egg-based meals – Bacon Breakfast Scramble and Sausage Breakfast Scramble – are the first to feature shelf-stable eggs, produced by a technology that took five years to develop. The other meals are Roasted Potatoes & Sausage Gravy and Apple Cinnamon Oatmeal. The meals are priced at $2.18 to $2.99.
"Hormel Foods Introduces Industry-First Shelf-Stable Egg with new Hormel® Compleats™ Breakfast", Hormel Foods, April 02, 2014, © Hormel Foods Corporation
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

New Chewing Gum Base Prevents Adhesion To Concrete Sidewalks, Cleans Up More Easily

April 1, 2014: 12:00 AM EST
Wrigley has developed a chewing gum base using block, rather than linear, polymers that are much easier to clean from environmental surfaces. Also known as copolymers, the new base ingredients provide appropriate elasticity for chewing but prevent adhesion to rough surfaces like concrete sidewalks. It costs a lot of money to properly clean sidewalks of so-called chewing gum “cud” that has not been properly disposed of. But Wrigley’s invention, for which the company is seeking a patent, allows the cud to be removed with standard high pressure water washing in 20 seconds with minimal residue.
Oliver Nieburg, "Concrete gumgle: Wrigley develops easy-to-remove chewing gum", Food Navigator, April 01, 2014, © William Reed Business Media
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

GlaxoSmithKline Recalls Alli Weight Loss Products After Tampering Discovered

April 1, 2014: 12:00 AM EST
The consumer healthcare division of GlaxoSmithKline has recalled all of its Alli weight loss products after discovering some of the packages have been tampered with. Consumers in seven U.S. states inquired about bottles of Alli that contained tablets and capsules in various shapes and colors that were not the same as the regular contents, which are turquoise blue capsules with a dark blue band. Some of the bottles inside the boxes were missing labels and had fake tamper-proof seals. The company has asked all retailers and pharmacies to remove Alli products from their shelves immediately.
"GlaxoSmithKline Recalls Alli", Nutraceuticals World, April 01, 2014, © Rodman Media
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America
Other

Consumer Goods Marketers Need To Get Serious About Online Commerce

March 26, 2014: 12:00 AM EST
Unilever’s online commerce chief told a recent shopper marketing seminar that consumer packaged goods companies need to build an e-commerce presence to keep their brick-and-mortar business successful. But he acknowledges creating an e-commerce team can be a tough sell to executives when online sales represent only one percent of revenues. According to Doug Straton, it can be done as long as you outline key drivers and the effect of e-commerce on the broader landscape; define profit and loss over the long term; and identify competitive gaps.
Carol Angrisani, "Unilever: Ecommerce a must", Supermarket News, March 26, 2014, © Penton Media
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
North America
United States of America

New Mobile Ad Platform Seeks To Remove Consumer Download Costs In Developing Countries

March 19, 2014: 12:00 AM EST
Boston startup Jana Mobile has released a marketing platform with the help of Unilever and other major consumer goods and Internet companies that puts short video and app ads onto the phones of consumers without download costs to the user. A payment is credited to the user’s mobile account to cover the cost of consuming the content. The platform is designed to help advertisers reach millions of potential customers in developing countries who buy pre-paid phone time in small chunks. Though the approach, tested for 30 days by Unilever, is promising, it is plagued by technical problems like slow download speeds and weak infrastructure.
Mark Bergen, "Mobile Startup Jana Launches New Tool To Reach Next Billion Consumers, On Their Phones", Advertising Age, March 19, 2014, © Crain Communications
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
North America
EMEA
Asia-Pacific
United States of America
Middle East- Africa
China

Wind Point Partners Sells Contract Snack Manufacturer To Venture Capital Firms

March 19, 2014: 12:00 AM EST
Two venture capital companies have joined to purchase the largest independent bakery and contract food manufacturer in North America. Hearthside Food Solutions, owned by Wind Point Partners, is a contract manufacturer of grain-based food and snack products. The company’s diverse product portfolio (150 brands) comprises bars, cookies/crackers, granola/cereals, and snacks. Investment banker Goldman Sachs and private equity firm Vestar Capital Partners will own equal stakes in Hearthside. The deal is expected to close in the second quarter.
"Goldman Sachs and Vestar Capital Partners in Partnership to Acquire Hearthside Food Solutions", News release, Goldman Sachs, March 19, 2014, © Goldman Sachs
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Nespresso Expands Retail Capsule Coffee, Machine Sales To Colombia

March 18, 2014: 12:00 AM EST
Nestlé’s premium capsule coffee unit said it is expanding retail product sales to Columbia later in 2014. Nespresso already imports Colombian green coffee for its Grand Cru product family, 80 percent of which contain Colombian product. More than 40,000 farmers in Colombia supply coffee through the Nespresso AAA Sustainable Quality Program, up from 1,200 farmers in 2006. The brand will begin retail selling in the fall, and will open a Nespresso boutique in Bogota. Nespresso will continue to sell coffees and machines through the Nespresso Club website, and via a customer service hotline.
"Nespresso to enter Colombian market", news release, Nestlé , March 18, 2014, © Nestle
Domains
FOOD COMPANIES
Nestle
Geographies
Worldwide
Latin America
Colombia

PepsiCo’s Biodegradable Snack Bag Was A Disaster – At First

March 18, 2014: 12:00 AM EST
PepsiCo’s attempt to boost its snack brands image and perhaps help ease an environmental problem began with the development of a compostable snack bag but nearly ended after a public relations calamity. The biodegradable bag made from plant material was first marketed in 2006 with the SunChips “healthy snack” product, but quickly drew consumer ire because it was a lot noisier than the old bag.  A social media uproar ensured, and the bad publicity created a dilemma for PepsiCo: should they abandon the new bag or push on with it? They pushed on, eventually creating a quieter version. In a business management journal article, Gregory Unruh discusses three lessons that can be drawn from the PepsiCo experience.
Leslie Brokaw, "Pepsi's biodegradable backlash: The snack bag that was too noisy", GreenBiz, March 18, 2014, © GreenBiz Group
Domains
FOOD COMPANIES
PepsiCo
Geographies
Worldwide
North America
United States of America

Tate & Lyle Acquires Chinese Polydextrose Fiber Producer

March 13, 2014: 12:00 AM EST
British food ingredients supplier Tate & Lyle PLC announced it is acquiring China’s Winway Biotechnology Nantong Co. Ltd, a producer of polydextrose specialty fiber. Polydextrose is a low-calorie bulking agent and dietary fiber. The acquisition provides Tate & Lyle with “an excellent platform” for accelerating the growth of its specialty fibers business in Asia Pacific. Tate & Lyle said it will invest in the factory and laboratories in Nantong (Jiangsu Province) over the next two years to expand capacity. The Nantong factory will be the company’s third polydextrose facility. The transaction is subject to governmental approval which is expected later in the year.
"Tate & Lyle Acquires Winway Biotechnology, a Leading Chinese Polydextrose Business", News release, Tate & Lyle, March 13, 2014, © Tate & Lyle
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
EMEA
Asia-Pacific
Europe
China
United Kingdom

Consumer-Focused Multinationals Have Beleaguered Ethiopia In Their Sights

March 12, 2014: 12:00 AM EST
Heineken is getting ready to open a $127 million brewery in a few months near Addis Ababa in Ethiopia, a country beset by drought, famine and a $100/month per capita income. Unilever is planning to open a factory in the same area to make detergents, and U.S.-based Yum! Brands, owner of KFC, is pondering building fast-food restaurants in the country, the second largest in Africa after Nigeria. Despite its considerable problems, Ethiopia is attractive to big multinationals because of economic growth that is averaging 9.3 percent annually over the past four years. Some, like Unilever, are taking a long-term investment position in the country. Yum, realizing that Ethiopians may not be able to afford fried chicken yet, is taking a wait and see position, hoping to find the right investment partner.
Carol Matlack, "Is Ethiopia Ready for Fast Food and Name-Brand Soap?", BusinessWeek.com, March 12, 2014, © Bloomberg L.P.
Domains
FOOD COMPANIES
Other
Unilever
Geographies
Worldwide
EMEA
Middle East- Africa
Ethiopia

FTC Opens Probe Of Direct Marketer Herbalife After Pyramid Scheme Allegations

March 12, 2014: 12:00 AM EST
Following a year-long attack by a hedge fund manager who accuses Herbalife Ltd. of being nothing more than a pyramid scheme, the Federal Trade Commission has launched an investigation into the company’s business. Herbalife’s stock took a beating following the FTC announcement, falling 17 percent on March 12. William Ackman of Pershing Square Capital Management LP fired the first salvos in the battle in December 2012 when he spent three hours telling a Manhattan audience why he thinks the direct marketer is a pyramid scheme whose sales reps rely more for income on recruiting new reps than on selling product to the public. Herbalife has vigorously disputed Ackman's claims while posting strong earnings.
Sara Germano and Brent Kendall, "Federal Trade Commission Starts Herbalife Probe", The Wall Street Journal, March 12, 2014, © Dow Jones& Company , Inc.
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Restaurants Hope Esoteric Grains Will Draw Diners, Boost Sales

March 10, 2014: 12:00 AM EST
Sprouted grains are making their way onto restaurant menus, partly as a response to adverse market trends, but also to a growing consumer interest in esoteric ingredients. After a successful test, Panera Bread Co., is rolling out a sprouted-grain bagel made with rye, spelt and oat groats. Though it may seem like “hippie” food to older patrons, Panera and other chains see sprouted grains as an answer to a prayer. Competition has been stiffer recently, consumer spending has slowed. Restaurants have had to innovate to attract customers and energize sales. A market researcher calls sprouted grains a “good direction” for chain eateries because “grains have a very positive halo to consumers”.
Leslie Patton , "‘Hippie’ Grains Thrive as Panera Looks Beyond Whole Wheat", Bloomberg, March 10, 2014, © Bloomberg L.P.
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Chiquita Merges With Irish Company To Form New Global Produce Firm

March 10, 2014: 12:00 AM EST
Chiquita Brands, a global marketer of bananas, packaged salads and snacks, announced it will merge with Ireland’s Fyffes plc in an all stock transaction to create a new $4.8 billion fresh produce company. Fyffes markets and distributes tropical produce, including bananas, under a variety of brands including Fyffes and Sol. To be known as ChiquitaFyffes, the company will operate in more than 70 countries with a combined workforce of about 32,000 people. Under the agreement, Chiquita shareholders will own 50.7 percent of the new company, and Fyffes shareholders will own 49.3 percent.
"Chiquita Brands International, Inc. And Fyffes Plc To Combine To Create Leading Global Produce Company", News release, Chiquita, March 10, 2014, © Chiquita Brands L.L.C.
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
EMEA
United States of America
Europe
Ireland

Mars Strengthen Commitment To Palm Oil Sustainability, Traceability

March 10, 2014: 12:00 AM EST
Candymaker Mars, Inc., announced it is committing to a fully sustainable and traceable palm oil chain by the end of 2014. The company has introduced a new sourcing charter that will require suppliers to have a fully sustainable and traceable palm oil supply across all operations by the end of 2015, or at least to have plans in place by the end of 2015. The policy aligns the company with global efforts to combat tropical deforestation because of rapid expansion of palm plantations. The enhanced pipeline traceability policy is designed to encourage suppliers to only source from companies whose plantations and farms are “responsibly run”.
"Mars Launches New Policies On Palm Oil And Deforestation", News release, MARS, March 10, 2014, © Mars, Inc.
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

McDonald’s Hopes Mini-Pastries Will Give A Jolt To Its Breakfast Business

March 10, 2014: 12:00 AM EST
McDonald’s is testing a small pastry that it hopes will give its breakfast and snack time business a badly-needed shot in the arm. McCafé Petite Pastries are freshly baked layers of dough made with butter and either raspberry (110 calories) or cinnamon (160 calories) cream cheese filling. The pastries are priced at $1.99 for two, or $1.29 with a drink. They “fit nicely’ in the breakfast and snack time “dayparts”, growing time slots for fast-food chains. McDonald’s and other companies have felt competitive pressure from Starbucks and others that serve their own breakfast and snack foods. The result is a need to expand the menu and be more creative to boost sales.
Katherine Poythress, "Can pastries boost McDonald's breakfast sales?", The San Diego Union-Tribune , March 10, 2014, © The San Diego Union-Tribune, LLC. An MLIM LLC Company
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Unilever Buys Majority Stake In Chinese Water Purification Firm

March 9, 2014: 12:00 AM EST
Unilever says it has acquired a majority interest in Qinyuan, a high-tech Chinese water purification company founded in 1998. Unilever says the purchase is its biggest in China in 10 years. Qinyuan is one of the big players in China’s rapidly-expanding water purification market (20 percent annual growth since 2011). The company’s 2013 sales were 140 million euros ($194 million). With 2,500 employees, Qinyuan makes water purifiers, drinking water equipment and water treating membranes. A Unilever spokesman said the deal would double its water purification business.
"Unilever buys majority share in China water business", Yahoo! News, March 09, 2014, via Agence France Presse -- English, © Agence France Presse -- English
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
Asia-Pacific
China

Unilever CEO Rewarded For Progress Toward Sustainability Goals

March 7, 2014: 12:00 AM EST
According to Unilever’s annual report to stockholders, CEO Paul Polman was given a $722,230 bonus for work that led to the creation of the company's sustainable-living plan, which sets targets for reductions in greenhouse gas emissions, water use, and waste creation. A Unilever spokeswoman said the bonus was calculated using a “personal performance multiplier” that took into account  Polman’s job performance, leadership, delivery of sustainability goals, and “overall contribution” to the plan, which calls for halving the environmental footprint by 2020 and sustainably sourcing all agricultural raw materials.
Matthew Boyle , "Unilever Hands CEO Polman $722,000 Bonus for Sustainability Work", Bloomberg Businessweek, March 07, 2014, © Bloomberg Businessweek
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
EMEA
Europe
United Kingdom
Netherlands

Hain Says It Will Introduce New And Improved Products At California Natural Products Show

March 7, 2014: 12:00 AM EST
Organic and natural products maker Hain Celestial Group, Inc. said it will exhibit more than 150 new and improved products at the 2014 Natural Products Expo West in Anaheim, California. In 2013, the company introduced over 300 new products worldwide, generating $60 million in net sales. Hain Celestial said it will launch the new products during the current calendar year and will be sold in certain markets in the United States, Canada, and Europe. Products to be featured during the California trade show include Arrowhead Mills Organic Gluten Free Coconut Flour and Organic Tapioca Flour, which are certified by the Gluten-Free Certification Organization.
"Hain Celestial Springs Into Innovation at Natural Products Expo West 2014", Hain Celestial, March 07, 2014, © The Hain Celestial Group, Inc.
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Kellogg Expands Further Beyond Flake Cereals With High-Fiber Product Containing Pepita Seeds

March 5, 2014: 12:00 AM EST
A new breakfast cereal – Fibrelicious muesli with pepita seeds – from Kellogg Australia marks the company’s entry into the so-called “superfood” market and a further expansion beyond flake cereals. A Datamonitor analyst says Kellogg is acknowledging consumer perception that traditional breakfast cereals high in calories and sugar are not a particularly healthy way to start the day. The fiber-rich whole grain oats muesli product joins Kellogg’s All-Bran product family and will be available in resealable pouches. The new product family should satisfy consumer interest in seeds and ancient grains like quinoa and chia. The analyst said the addition of the muesli option to the Kellogg line gives consumers “the ability to address [health and fiber content] with a brand that they trust”.
Annie-Rose Harrison-Dunn, "Kellogg muesli launch taps into ‘superfood’ trend", Bakery and Snacks, March 05, 2014, © William Reed Business Media SAS
Domains
FOOD COMPANIES
Kellogg
Geographies
Worldwide
North America
Asia-Pacific
United States of America
Australia

Lunchables For Adults Cleverly “Sidestep The Health Issue”

March 4, 2014: 12:00 AM EST
Kraft’s Oscar Mayer brand, which has been marketing convenient lunch packs for kids as Lunchables for decades, has introduced what it calls P3 Portable Protein Packs for adults. The P3 packs contain meat, cheese and nuts, “designed for active consumers looking for a snack to help keep them going throughout the day”. The packs contain no artificial preservatives, 13 grams of protein, and little to no sugar. One example: applewood smoked turkey, marbled colby and  Monterey jack cheese, and dry roasted almonds. “To sell Lunchables to adults, Oscar Mayer needed to solve two problems, stigma and health,” writes Time food writer Samantha Grossman. “You deftly sidestep the health issue entirely by marketing them not as snack boxes but as energy packs.”
Samantha Grossman , "Oscar Mayer Is Now Selling Lunchables for Adults", Time.com, March 04, 2014, © Time Inc.
Domains
FOOD COMPANIES
Kraft Foods
Geographies
Worldwide
North America
United States of America

Berkshire’s Buffet Says He’s In The Ketchup Business For The Long Haul

March 1, 2014: 12:00 AM EST
Warren Buffet, in a letter to Berkshire Hathaway shareholders, said he expects recent acquisition H.J. Heinz Company to be a long-term investment. Buffet purchased Heinz with Brazilian investor 3G Capital last year, both parties paying $4.25 billion for common shares. But Berkshire  put in an additional $8 billion to acquire dividend-paying preferred shares. Noting that some 3G investors may be selling their shares in the near future, Buffett said in a letter to Berkshire investors that he would be interested in acquiring those shares, boosting his stake in the U.S. ketchup company for the long term.
Stephen Gandel, "Buffett: We'd like to own more of Heinz", Fortune CNN Money, March 01, 2014, © Cable News Network. A Time Warner Company
Domains
FOOD COMPANIES
Heinz
Geographies
Worldwide
North America
United States of America

Harry Schein Selected To Distribute Iams Therapeutic Foods To Veterinarians

February 26, 2014: 12:00 AM EST
P&G has selected animal health care products distributor Harry Schein to be the exclusive purveyor of Iams therapeutic diet pet foods to veterinary practices in the U.S. The dog and cat food formulations are used to nutritionally manage health concerns such as digestive imbalance, skin and coat conditions, weight problems, and joint and urinary issues. According to P&G, pets, like humans, are living longer and need dietary changes as they age. Harry Schein distributes health care products and services to office-based dental, animal health and medical practitioners.
"Procter & Gamble Selects Henry Schein Animal Health as Exclusive Veterinary Distributor of Iams® Therapeutic Diet Formulas", News release, Procter & Gamble, February 26, 2014, © Procter & Gamble
Domains
FOOD COMPANIES
Procter & Gamble
Geographies
Worldwide
North America
United States of America

Sub Chain Quiznos Expands Its Offerings With “Toasty Pastas”

February 25, 2014: 12:00 AM EST
Toasted submarine sandwich restaurant chain Quiznos is launching a line of pasta meals – including three mac-and-cheese varieties – that offer a “craveable alternative to our premium toasted subs”. The mac-and-cheese meals include classic, bacon, and lobster and seafood. There are also spicy sausage marinara, chicken pesto and meatballs marinara meals. The products are made with Cavatappi pasta and several kinds of cheese, including Romano,  parmesan, provolone, fontina and mozzarella. All of the Toasty Pasta meals are priced starting at $4.99.
"Quiznos New Line of Premium Pasta: Perfect for People That Can't Boil Water ", News release, Quiznos, February 25, 2014, © Quiznos
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

CPG Companies Devote More Of Their Ad Budgets To Digital As ROI Rises

February 24, 2014: 12:00 AM EST
Digital ad spending either has surpassed or soon will surpass magazines among CPG companies, according to a report on a recent executive conference. It has a ways to go before it eclipses No. 1 TV spending, though that may be nearer for many companies than one might expect. Procter & Gamble and Mondelez now spend about a quarter of their U.S. media budgets on digital and will spend even more if the ROI continues to improve. A Mondelez executive said the company wants at least half of its ad spend allocated to digital within two years because the ROI is twice that of other media. A P&G exec said the company is boosting digital ad spending to help decrease  the proportion of sales spent on advertising while maintaining effectiveness.
Jack Neff, "Why Digital Is Grabbing a Bigger Share of Consumer Product Budgets", Advertising Age, February 24, 2014, © Crain Communications
Domains
FOOD COMPANIES
General Mills
Kraft Foods
Geographies
Worldwide
North America
United States of America

General Mills Ranked By Retailers As Best In Supply Chain Management

February 24, 2014: 12:00 AM EST
Kantar Retail analysts who surveyed 400 retailers about the quality of supply chain management among CPG (food and beverage only) companies found that General Mills was rated at the top, supplanting Procter & Gamble, which had been “slipping” for several years. P&G was picked as having one of the top three supply chains by 28.4 percent of respondents last year, down 6.9 points from 2011. General Mills surged from a 27.2 percent score in 2012 to 30.5 percent this year. Nestlé finished in third place with a score of 22.2 percent, up from 21.4 percent in 2012. Kraft Foods and Unilever finished out the top five.
"Annual Kantar Retail Ranking of the Top Consumer Goods Supply Chains", Supply Chain Digest , February 24, 2014, © Supply Chain Digest
Domains
FOOD COMPANIES
Campbell's
Coca-Cola Company
General Mills
Heinz
Kellogg
Kraft Foods
Nestle
PepsiCo
Unilever
Geographies
Worldwide

Ad Spend In The Philippines Totaled $7.6 billion In 2013, Mostly On TV

February 20, 2014: 12:00 AM EST
Advertisers in the Philippines spent Php264.3 billion ($5.9 billion) on TV ads in 2013, about 78 percent of the total ad spend in the country. Radio and print spending were dwarfed in comparison. Unilever Philippines was the biggest ad spender in the country in 2012, followed by FMCG giants Procter & Gamble, Colgate-Palmolive and Nestle. Detergents and hair shampoo brands were the biggest spenders among product categories. The total Philippines ad spend was about Php340 billion ($7.6 billion) last year.
Oliver Bayani, "PH 2013 ad spend reaches P340 Billion", Marketing Interactive, February 20, 2014, © Marketing-Interactive.com. Lighthouse Independent Media Pte Ltd
Domains
FOOD COMPANIES
Nestle
Procter & Gamble
Unilever
Geographies
Worldwide
Asia-Pacific
Philippines

Swiss Chocolate Maker Completes Buyout Of African Cocoa Bean Supplier

February 19, 2014: 12:00 AM EST
Swiss chocolate maker Barry Callebaut has bought the remaining 51 percent of its stake in long-time certified cocoa beans suppler Biolands Group of Dar es Salaam, Tanzania. Biolands has been supplying East and West African cocoa beans to the chocolate maker since 2000. Barry Callebaut has owned 49 percent of the company since 2008. The company said the Biolands acquisition fits well with its strategy of becoming a leader in sustainable cocoa and of gaining access to individual farmers in addition to cooperatives.
"Barry Callebaut takes over remaining 51% of certified bean supplier Biolands", Barry-Callebaut, February 19, 2014, © Barry Callebaut AG
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
EMEA
Europe
Middle East- Africa
Switzerland
Sierra Leone
Tanzania

Unilever Asks Eu’s FSA To Approve Further Uses For Its Cholesterol-Lowering Plant Sterol

February 19, 2014: 12:00 AM EST
Unilever has applied to the EU’s Food Safety Authority for permission to use a proprietary phytosterol – a plant sterol – as a cholesterol lowering ingredient in cooking, baking and liquid margarines. The FSA approved earlier Unilever applications to use the ingredient in its Flora pro.activ margarines and milk-type and yogurt-type foods. The company says that eating 1.5 to 2.5 g of plant sterols a day can lower blood cholesterol by seven to ten percent in two weeks. The new application may signal Unilever’s intention to broaden its Flora Cuisine cooking liquid product line under the pro.activ brand. Flora Cuisine is made from linseed, rapeseed and sunflower oils.
"Unilever Looks to Expand Phytosterol Esters to Cooking and Baking Margarines", Food Ingredients First, February 19, 2014, © CNS Media BV
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
EMEA
Europe

PepsiCo Investor Renews Fight To Spin Off Beverage Unit, Buy Mondelez

February 19, 2014: 12:00 AM EST
A disgruntled investor in PepsiCo is once again pushing the company to get rid of its beverage unit and supersize -- by acquisition -- its snacks unit. Nelson Peltz, whose Trian Fund Management owns roughly $1.2 billion in PepsiCo stock, pushed to break up the company last year, but backed off when the board promised to perform a comprehensive strategic review. Peltz renewed his campaign when PepsiCo on February 19 said that management and directors "have spoken clearly" against a split and remain fully aligned. Peltz wants PepsiCo to spin off its underperforming beverage business and buy Mondelez International to create a global snacks giant.
Mike Esterl and David Benoit, "Peltz's Trian Fund Renews Push for PepsiCo Split", The Wall Street Journal, February 19, 2014, © Dow Jones & Co.
Domains
FOOD COMPANIES
Kraft Foods
PepsiCo
Geographies
Worldwide
North America
United States of America

Second Cargill Oil Palm Plantation In Indonesia Wins Sustainability Certification

February 18, 2014: 12:00 AM EST
A Cargill Indonesian oil palm plantation has been certified by the Roundtable on Sustainable Palm Oil (RSPO). The plantation in West Kalimantan, PT Harapan Sawit Lestari, is the second certification for a Cargill plantation in the country, after one in South Sumatra. The company said a third plantation in West Kalimantan is in the process of being RSPO certified. The RSPO is a global, multi-stakeholder initiative on sustainable palm oil, comprising environmental and social NGOs, growers, manufacturers and retailers of palm oil products.
"Cargill’s West Kalimantan plantation receives RSPO certification", News release, Cargill, February 18, 2014, © Cargill, Incorporated
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
Asia-Pacific
Indonesia

Ingredients Suppliers Are A Better Investment Bet Than Consumer Goods Companies

February 14, 2014: 12:00 AM EST
Shares of consumer goods makers like Nestlé and Unilever, at the mercy of consumer spending trends, may have lost their luster for investors, but suppliers to those companies are less vulnerable, and thus more attractive. The main reason is that health and wellness trends – like a growing distaste for artificial ingredients – are driving consumer goods giants to reformulate their products. That’s good news for scent and flavor makers such as Symrise, Givaudan and International Flavors & Fragrances, and food ingredient purveyors like Glanbia and Kerry Group. Analysts say, for example, that European food ingredients companies on average will see a six percent profit rise in 2014, though European food producers will stagnate.
Martinne Geller, "Analysis - No appetite for big consumer goods? Try their suppliers", Reuters, February 14, 2014, © Thomson Reuters
Domains
FOOD COMPANIES
Danone
Nestle
Unilever
Geographies
Worldwide
EMEA
Europe
United Kingdom

Kraft Removes Artificial Preservative From Its Sandwich Cheese Slices

February 10, 2014: 12:00 AM EST
Kraft announced it will remove sorbic acid, an FDA-approved artificial food preservative, from its Kraft Singles sandwich cheeses. The company is the latest to change a food product formula because of heightened scrutiny of food ingredient labels. Recently Subway said it would remove a chemical used in its bread to improve texture and shelf-life. The chemical – also FDA-approved – is found in yoga mats and shoe soles. Kraft will replace sorbic acid with natamycin, a natural mold inhibitor, in its Kraft Singles full-fat American and White American brands.
Candice Choi, "Kraft Singles to lose artificial preservatives", The Big Story, February 10, 2014, © Associated Press
Domains
FOOD COMPANIES
Kraft Foods
Geographies
Worldwide
North America
United States of America

Goodbye Quick Energy Boosts, Hello “Sustainable Food Energy”

February 10, 2014: 12:00 AM EST
Because of increased stress and demands of work and family, Americans are apparently more tired than in the past. But – food companies are acutely aware of this – Americans are turning away from energy drinks that provide a quick “one and done” jump-start. Instead they want foods that provide “sustainable energy”, specifically from protein and fiber content. With that fact in mind food products from cereal to snacks – and yes, even dog food – are being marketed as energy sources that keep you “full and fueled” for longer periods of time. An example is Post Foods, whose new line of Honey Bunches of Oats breakfast cereals is branded as "Morning Energy" – loaded  with whole grain, protein and fiber.
E.J. Schultz, "Food Brands Try to Wake Up Sales With New 'Energy' Appeals", Advertising Age, February 10, 2014, © Crain Communications
Domains
FOOD COMPANIES
Nestle
Other
PepsiCo
Geographies
Worldwide
North America
United States of America

New Owners Put Iconic Ketchup Maker On A Severe Weight Loss Diet

February 10, 2014: 12:00 AM EST
H.J. Heinz Co., recently acquired by a Warren Buffet-backed Brazilian company, is enduring the long-delayed, or perhaps ignored, economic impact of the recent recession that slowed growth in the packaged food industry and turned consumers into cost-conscious bargain-seekers. When 3G Capital took over the reins at Heinz, it found lots of places to trim fat and boost profit. Cost-cutting began at the top with two major executive-level shakeups – three CEOs in eight months – but has now filtered down to the factory level. The company is closing an inefficiently-located Pocatello, Idaho, plant, shedding 400 workers. It is also closing factories in South Carolina and Ontario, Canada. The owners so far have eliminated 1,480 jobs – five percent of the global workforce.
Annie Gasparro, "Tightfisted New Owners Put Heinz on Diet", The Wall Street Journal, February 10, 2014, © Dow Jones & Company, Inc.
Domains
FOOD COMPANIES
Heinz
Geographies
Worldwide
North America
United States of America

Cargill India Buys Olive Oil Business From Dalmia

February 9, 2014: 12:00 AM EST
Cargill India confirmed that it has purchased the olive oil business of India’s Dalmia Continental (New Delhi) for about $16 million. Dalmia’s olive oil, marketed under the Leonardo brand, represents about 25 percent (400 tons annually) of India’s olive oil market. After the sale, Dalmia will act as an advisor to Cargill for the Leonardo olive oil business. Dalmia also sells Leonardo brand olives, premium pasta, and pickles, as well as Hudson Canola Oil and Clausthaler Non-Alcoholic Beer. Cargill India recently acquired Indian brands Sunflower Vansapati from Wipro, Sweekar from Marico and Rath  Vanaspati from Agro Tech.
"Cargill acquires Leonardo olive oil biz from Dalmia Continental", The Hindu Business Line, February 09, 2014, © The Hindu Business Line
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
Asia-Pacific
United States of America
India

Nestle May Sell Its $30 Billion Investment In L’Oreal

February 8, 2014: 12:00 AM EST
Nestlé is trying to figure out how to end its 40-year – and $30 billion – involvement in cosmetics firm L’Oreal. Though Nestlé has no urgent need to sell its 29.5 percent stake, a 10-year right of first refusal agreement with the Bettencourt family, which owns 30 percent of L’Oreal's stock, is about to expire. Selling of the stock could take years to complete, but Nestlé’s directors say they are focusing "with great attention in the framework of the group's global nutrition, health and wellness strategy".
"Nestle looking at options to reduce L'Oreal stake: Bloomberg", Reuters, February 08, 2014, © Thomson Reuters
Domains
FOOD COMPANIES
Nestle
Geographies
Worldwide
EMEA
Europe
France
Switzerland

With Coca-Cola’s Backing, Green Mountain To Launch A Keurig Cold Drinks Machine Next Year

February 6, 2014: 12:00 AM EST
Investors were puzzled when Green Mountain Coffee Roasters, maker of the single-serve (pod) Keurig coffee machine, announced it was developing a similar machine for cold sodas and juices. But all became a little clearer when Coca-Cola announced it was investing $1.25 billion to acquire a 10 percent stake in the Vermont-based company. The deal, which gives Green Mountain a door into a global distribution network and a family of strong brands, solidified when Coca-Cola was convinced that “we could make Coke and it would taste perfectly every time,” Green Mountain CEO Brian Kelley told Fortune magazine. The Keurig cold beverage platform will launch in 2015.
Beth Kowitt, "Why Coca-Cola invested in Keurig", CNN Money, February 06, 2014, © Cable News Network. A Time Warner Company
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
Worldwide
North America
United States of America

Canadians Prefer Well-Known Brands When Shopping For Food, Beverages, Etc.

January 30, 2014: 12:00 AM EST
Canadians look for brand name products when shopping, according to a poll of 95,000 consumers. More than 70 percent of those surveyed by BrandSpark International said established trust in a brand is very important in the purchase decision. When shopping for food, Canadians trust top brands to offer quality and taste. The most trusted brands in this category are Kellogg’s and Maple Leaf (packaged meat). When choosing beverages, taste is most important (Tropicana juice). Health and beauty brands (Dove, Revlon, Nair) are trusted for quality, effectiveness and fair price; household brands (Febreze, Downy, Resolve) for effectiveness; and kids brands (Similac, Pampers, Colgate) for gentleness.
"Press Release: More than 95,000 Canadians reveal their most trusted consumer packaged goods brands for 2014", BrandSpark International, January 30, 2014, © BrandSpark
Domains
FOOD COMPANIES
Kellogg
PepsiCo
Geographies
Worldwide
North America
Canada

New Technology Lowers Salt, Fat Content Of Baked Goods

January 27, 2014: 12:00 AM EST
General Mills has filed for a patent that would protect a technology for shortening particle composition, also called shortening chips, that distribute sodium in “spikes”, thereby lowering sodium content and unhealthy fats in baked goods.  The company said the technology would answer the demand for healthier fat compositions: less saturated fat and trans fatty acids. The innovation distributes salt via the shortening chips (fat particles) in the dough unevenly with the effect of lowering overall salt content without losing the salty flavor. The chips “take the form of solid particles that can be conveniently handled, stored, and processed” on a commercial scale by food processors, according to the patent.
Nick Halter, "General Mills has idea for reducing sodium, fat in baked goods", St. Paul Business Journal, January 27, 2014, © American City Business Journals
Domains
FOOD COMPANIES
General Mills
Geographies
Worldwide
North America
United States of America

Reckitt Benckiser Enters U.S. Supplement Market With Omega-3 Product

January 27, 2014: 12:00 AM EST
Reckitt Benckiser is entering the U.S. dietary supplement market with the launch of an omega-3 krill oil product. The company has hired British public relations agency GolinHarris London to introduce MegaRed Omega-3 Krill Oil to American consumers. It is the first time the agency has worked with RB. Celebrity brand ambassador will be Gabby Logan, supported by media doctor Ellie Cannon and celebrity fitness trainer James Daly. The theme of the campaign will be the role played by omega-3 fatty acids in heart health in women over age 45.
John Reyolds, "Reckitt Benckiser appoints GolinHarris for food supplement launch", PR Week, January 27, 2014, © Haymarket Media Group Ltd
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
EMEA
United States of America
Europe
United Kingdom
<<25262728293031323334>> Total results:2960 References Per Page:
>> <<
Developed by Yuri Ingultsov Software Lab.