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<<27282930313233343536>> Total results:2960 References Per Page:

Consumer Goods Giants Tweak Their Products To Appeal To Hispanics In The U.S.

September 23, 2013: 12:00 AM EST
The growing population and influence of Hispanics in the U.S. is driving consumer goods makers to adapt their products to attract that market. With 53 million Hispanics in the U.S., the strategy is critical for multinationals like Nestlé and P&G. For example, the traditional Mexican way of making abuelita hot chocolate takes 15 minutes of cooking. Few people north of the border have the time for that, so Nestlé created a powdered version that takes only a few minutes. The same principle was applied by P&G in the household goods arena. The company added a citrusy scent to a dishwashing detergent brand to attract Hispanics who are said to associate fragrances with cleanliness.
Barney Jopson, "US market: Multinationals adapt to appeal to Hispanics", Financial Times, September 23, 2013, © The Financial Times Limited
Domains
FOOD COMPANIES
Nestle
Geographies
Worldwide
North America
United States of America
Mexico

Nestlé Scientists Discover Molecular Footprint For Long Life

September 20, 2013: 12:00 AM EST
Swiss and Italian scientists working at two Nestlé research facilities have pinpointed physiological markers in the bodies of a group of centenarians that could hold the key to a long lifespan. The group were characterized by complex changes in the levels of lipids in the body, metabolism of amino acids, and the function of their intestinal tract. The scientists said the substances in the centenarians’ blood and urine suggested that they may have a better anti-oxidative response and better cellular detoxification mechanisms. The group of centenarians, all from Italy, numbered 30 men and 113 women, born between 1900 and 1908.
"Nestlé research identifies metabolic signature for long life", News release, Nestlé, September 20, 2013, © Nestlé
Domains
FOOD COMPANIES
Nestle
Geographies
Worldwide
EMEA
Europe
Italy

Cereal Makers Try To Cope With Trend Away From Bowl-And-Milk Breakfasts

September 19, 2013: 12:00 AM EST
Sales of breakfast cereals have declined in recent years in the U.S., due in large part to a couple of trends: the popularity of “on-the-go” breakfast snacks and the demand for lower-carb, higher-protein breakfasts. But General Mills CEO Ken Powell thinks one of the key problems is a lack of advertising and innovation by other cereal makers, like Kellogg Co. and Post Foods. Kellogg CEO John Bryant, however, says his company avoids discounting tactics employed by General Mills, which also focuses on “adding trendy diet catch-phrases to its cereal boxes, like ‘gluten free’.” Instead, Kellogg is working on ways to make its cereal more portable and convenient.
Annie Gasparro, "In the Low-Carb Age, Does Cereal Have a Future?", The Wall Street Journal, September 19, 2013, © Dow Jones & Company, Inc
Domains
FOOD COMPANIES
General Mills
Kellogg
Other
Geographies
Worldwide
North America
United States of America

ConAgra Sells LightLife Foods Unit To Private Equity Fund

September 16, 2013: 12:00 AM EST
ConAgra Foods has sold its Lightlife brand to a private equity fund that invests in North American lower middle market consumer companies. The Lightlife brand, founded 34 years ago, includes products such as vegetarian-based burgers, hot dogs and other meatless frozen and refrigerated foods. Brynnwood Partners also acquired the Lightlife manufacturing operation in Turners Falls, Mass. Terms and conditions of the transaction, which closed today, were not disclosed. Brynwood Partners in the past has acquired Sun Country Foods, Balance Bar Company, Richelieu Foods, Lincoln Snacks Company and Signature Snacks Company.
"Brynwood Partners VI L.P. Acquires the Lightlife Brand from ConAgra Foods", Brynwood Partners, September 16, 2013, © Brynwood Partners
Domains
FOOD COMPANIES
ConAgra
Other
Geographies
Worldwide
North America
United States of America

Sales Up At McDonald’s In August, Especially In Europe

September 10, 2013: 12:00 AM EST
Strong sales in Europe pushed McDonald’s global same-restaurant sales up 1.9 percent in August, much better than the 0.3 percent expected by analysts. Same-restaurant sales in Europe were up 3.3 percent in August, with the U.K., France and Russia leading the charge. By comparison, same-restaurant sales in the U.S. edged up only 0.2 percent. McDonald’s hopes to boost sales as a way to fend off challenges by aggressive smaller rivals Wendy’s and Burger King. To accomplish that, it has unveiled new menu items such as premium wrap sandwiches and blended-ice beverages. These helped increase sales in Europe, its biggest market – slightly larger than the U.S. – by revenue.
"McDonald’s global sales rise 1.9 per cent in August", Reuters, September 10, 2013, © Thomson Reuters/The Globe and Mail Inc.
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
EMEA
Asia-Pacific
United States of America
Europe

Sainsbury's Tests Carbon Dioxide-Refrigerated Trailer For Transporting Chilled And Frozen Products

September 9, 2013: 12:00 AM EST
Grocery chain Sainsbury’s partnered with transport refrigeration company Carrier Transicold to test a naturally refrigerated trailer in transporting chilled and frozen products. Part of the retailer’s efforts to reduce its carbon footprint, the two-year trial of the carbon dioxide-refrigerated transport system uses a modified version of Carrier’s NaturaLINE refrigeration system. If the test would prove successful, the retailer would be able to reduce its CO2 emissions by 70,000 tons, Sainsbury’s said. Other retailers, such as Delhaize America and the Hannaford grocery in Turner, Maine, are also using CO2-based refrigeration systems.
"Sainsbury’s Trials CO2-Refrigerated Trailer", Environmental Leader, September 09, 2013, © Environmental Leader LLC
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
EMEA
Europe
United Kingdom

Unilever Acquisition Of Australia’s T2 Adds Premium Line Of Teas To Its Portfolio

September 6, 2013: 12:00 AM EST
Unilever announced it will acquire Australian premium tea retailer T2, whose annual sales totaled about US$53 million in its most recent fiscal year. A Unilever executive, noting that T2 has been growing at a double-digit pace and “has great potential”, said that the deal will bring a premium tea business to the company’s portfolio, which includes Lipton and Bushells tea. T2 operates 40 stores and offers 200 fragrant teas and tea wares from around the world. The teas are also sold in restaurants globally. The acquisition price was not disclosed.
"Unilever to acquire T2 premium tea business in Australia", News release, Unilever , September 06, 2013, © Unilever
Domains
FOOD COMPANIES
Other
Unilever
Geographies
Worldwide
EMEA
Asia-Pacific
Europe
Australia
Netherlands

Hydrogel Particles Could Someday Be Used To Reduce Caloric Content Of Fatty Foods

September 3, 2013: 12:00 AM EST
Many emulsion-based food products – sauces, dressings, desserts, etc. – are fairly high in fat-derived calories. Reducing their caloric content is difficult without damaging texture, flavor, and other critical characteristics. But U.S. scientists who collaborated with ConAgra foods on a new study report that hydrogel particles could easily be used to develop reduced-calorie foods without harming those characteristics. They came up with a simplified way to make oil-filled hydrogel particles from a concoction of fat droplets, caseinate and pectin. The particles could someday be used to replace fat droplets or starch granules in reduced calorie products.
Cheryl Chung et al., "Oil-Filled Hydrogel Particles for Reduced-Fat Food Applications: Fabrication, Characterization, and Properties", Innovative Food Science & Emerging Technologies , September 03, 2013, © Elsevier Ltd.
Domains
FOOD COMPANIES
ConAgra
Geographies
Worldwide
North America
United States of America

Mondelez Redesigns Supply Chain To Reap Savings That Will Drive Marketing Investments

September 3, 2013: 12:00 AM EST
Mondelez International hopes that redesigning its supply chain will drive a 60- to 90-basis-point yearly improvement in its operating profit. The company is accelerating investments in emerging markets to boost growth, and it hopes the supply chain redesign will expand margins in established markets “to levels at or above the average of peer companies”. The redesign will mean $3 billion in gross productivity savings, $1.5 billion in net productivity savings and $1 billion in incremental cash over the next three years in North America and Europe.
"Mondelez Redesigns Supply Chain", Consumer Goods Technology, September 03, 2013, © Edgell Communications
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
EMEA
Asia-Pacific
Europe
China

Hillshire Brands Enters Booming Premium Jerky Market With Acquisition Of Golden Island

September 3, 2013: 12:00 AM EST
Hillshire brands, whose product lines include Jimmy Dean sausages and Sara Lee frozen baked goods, announced it is entering the lucrative – $2 billion in annual sales – premium jerky market with the purchase of gourmet jerky maker Golden Island of Rancho Cucamonga, Calif. The brand will be added to Hillshire’s gourmet group, which includes Aidell’s and Gallo. According to Hillshire, Golden Island Jerky is made with natural ingredients and contains no preservatives and less sodium than most jerkies. Terms of the sale were not disclosed; it is expected to close by the end of the month.
"The Hillshire Brands Company To Acquire Golden Island Jerky Brand", News release, Hillshire Brands Company, September 03, 2013, © Hillshire Brands
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Judge Refuses To Pass The Buck To FDA, Says Courts Can Decide If GMO Foods Are “Natural”

August 30, 2013: 12:00 AM EST
A New York judge handling a case that seeks to decide whether a snack food company deceived consumers by labeling products containing genetically modified organisms (GMO) as “all natural” has rejected the reasoning and actions of colleagues in similar cases. Judges in lawsuits against Gruma Corp. and General Mills stayed litigation to give the FDA time to come up with a definition of natural as applied to foods. But U.S. District Court Judge Roslynn Mauskopf, ruling in a suit filed against Frito-Lay, said the court system is perfectly capable of deciding the issues in the case. Passing the buck, in effect, to the FDA is “unwarranted”. "The issues of fact in this case are … ‘within the conventional experience of judges’”, she said.
Elaine Watson, "NY judge in Frito-Lay lawsuit refuses to refer GMO/natural issue to FDA: ‘Agency would need far more than six months to define ’natural’", Bakery and Snacks , August 30, 2013, © William Reed Business Media SAS
Domains
FOOD COMPANIES
PepsiCo
Geographies
Worldwide
North America
United States of America

Simple Modifications At Nestlé Factory In Spain Produce Major Water Savings

August 30, 2013: 12:00 AM EST
A Nestlé factory in La Penilla, Spain, that makes chocolate, confectionery, milk and infant formula was able to reduce its water use per ton of product by almost two thirds in less than 12 months, thanks to some simple modifications suggested by a team of engineers, environmental sustainability experts and the factory manager. The factory now efficiently regulates the amount of water flowing through the condensers of the milk evaporators, for example, leading to a reduction of more than one million cubic meters of water a year. The factory also installed three new cooling towers with a more efficient closed refrigeration loop system that recycles water.
"Nestlé factory reduces water use by almost two thirds in less than 12 months", Nestle, August 30, 2013, © Nestle
Domains
FOOD COMPANIES
Nestle
Geographies
Worldwide
EMEA
Europe
Spain

Wal-Mart Plans To Reduce Grocery Prices; Analysts Fear A Price War

August 29, 2013: 12:00 AM EST
Wal-Mart said it plans to lower the prices of grocery products it sells at its U.S. stores in response to growing price pressure in the food retail market. Data from Nielsen showed grocery sales volume in the U.S. has been eroding progressively since April 2013, a trend the market research firm expects to persist until next year. In response, Wal-Mart is expanding its marketing promotions and deals, hoping that such initiatives would help drive sales. Food companies, including Campbell and General Mills, have been offering heavy promotions, which might trigger a price war in the market, as some market analysts fear.
Annie Gasparro, "A Price War Arrives in the Grocery Aisle", The Wall Street Journal, August 29, 2013, © Dow Jones & Company, Inc.
Domains
FOOD COMPANIES
Campbell's
General Mills
Kraft Foods
Geographies
Worldwide
North America
United States of America

Unilever Philippines Plans Relocation Of Manila Operations To Other Manufacturing Facilities In The Country

August 27, 2013: 12:00 AM EST
Unilever Philippines announced plans to relocate its Manila plant operations to other manufacturing facilities in the country to avoid disruptions caused by floods that occur during the second half of each year. Manila was hit by floods caused by heavy rains brought by typhoon Ondoy in 2009 and by storm Maring in 2013. Unilever Philippines has factories in Pasig City and in Cavite. It recently spent around €20 million to expand its manufacturing facility in Cavite.
Daryll Edisonn D. Saclag, "Unilever planning to relocate Manila production operations", BusinessWorld, August 27, 2013, © BusinessWorld Publishing Corporation
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
Asia-Pacific
Philippines

Wegmans Unveils Fruit/Vegetable Snack Combos In Time For Back-To-School

August 26, 2013: 12:00 AM EST
After using Twitter to do some market research, and then testing in a local Rochester, N.Y., store, Wegmans Food Markets decided to launch a line of healthy and convenient fresh snack combinations in time for the new school year. The snack combos include carrot and celery sticks with hummus dip, a fresh fruit cup, and apple slices and celery sticks with organic peanut butter and whole grain rice cakes. The company charges $4 for each snack, which vary from 280 to 520 calories.
"Wegmans Adds Fresh Cut Snacks", Supermarket News, August 26, 2013, © Penton Media Inc
Domains
FOOD COMPANIES
Other
Retailers & Private Label
Geographies
Worldwide
North America
United States of America

Fast-Food Restaurant Chains Embrace Bread In All Its Many Manifestations

August 25, 2013: 12:00 AM EST
The fast-food industry has been engulfed by bread mania, as one chain after another innovates its menu with unusual bread choices. The latest of these innovations comes from Subway, which will introduce a garlic bread option for its sandwich line early in September. The garlic bread option joins other successful experiments, including Taco Bell’s Waffle Taco, Dunkin’ Donuts’ Glazed Donut Sandwich, and McDonald’s burger-on-a-baguette (in some parts of Europe). One food industry consultant says the explosion of bread varieties has become fast-food's "power app".
Bruce Horovitz, "Subway to roll out garlic bread option", USA TODAY, August 25, 2013, © USA Today
Domains
FOOD COMPANIES
Other
Retailers & Private Label
Geographies
Worldwide
North America
United States of America

Canada Allows Kellogg’s To Fortify More Cereals With Vitamin D

August 24, 2013: 12:00 AM EST
Health Canada has given Kellogg’s Canada permission to fortify its line of breakfast cereals with vitamin D, known as the “sunshine vitamin”. The company began adding the vitamin to some of its cereals last year, driven mainly by scientific reports of increased vitamin D deficiencies and the broader “functional food” trend. The Canadian government has been careful to allow fortification of some foods – especially milk and margarine – to reduce deficiencies, but not others for fear of overconsumption of the vitamin. Kellogg says the government’s decision to allow vitamin D fortification in more cereals is part of a three-year study to see if adding the vitamin to more foods “would benefit Canadians”.
Carys Mills , "Kellogg given OK to add ‘Sunshine Vitamin’ to cereal", Toronto Star, August 24, 2013, © Toronto Star Newspapers Ltd
Domains
FOOD COMPANIES
Kellogg
Geographies
Worldwide
North America
Canada

Unilever Pakistan Reports 4 Percent Profit Drop Due To Inflation In Second Half Of 2013

August 24, 2013: 12:00 AM EST
Unilever Pakistan reported profit after tax decreased 4 percent to Rs 2.4 billion in the first half of 2013 from Rs 2.5 billion in the same period of 2012, due to growing inflation and an ongoing energy crisis. Earnings per share dropped to Rs 174.50 during the period from Rs 180.90 in the first half of 2012. Unilever Pakistan, however, reported profits rose 20 percent to R2 1.73 billion in the second quarter of 2013 from Rs 1.46 billion in the same period of 2012. Underlying sales grew 8.3 percent in the first half of 2013, with growth in second quarter reported at 13.1 percent.
Abrar Hamza, "First half of 2013 : Inflation dampens Unilever’s growth by 4%", Daily Times (Pakistan), August 24, 2013, © Daily Times
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
Asia-Pacific
Pakistan

SmartyPants Vitamins Raises $2.6 M Using Crowd Funding Platform

August 23, 2013: 12:00 AM EST
The makers of a gummy dietary supplement that blends a multivitamin, omega-3s (DHA and EPA) and vitamin D has raised $2.59 million in new funding using the CIrcleUp fundraising platform. Sales of SmartyPants Vitamins have grown 1,000 percent since the company’s launch in 2010. The company says it will spend the new cash to speed up growth, expand trade marketing support and hire key executives. The new funding was generated using CircleUp, a crowd funding investment platform that helps small consumer and retail companies raise money directly from accredited investors.
"SmartyPants Vitamins closes $2.59M in funding", Newhope 360, August 23, 2013, © Penton Media Inc
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Unilever, University Of Liverpool Partner To Develop Renewable Chemicals For Manufacturing Applications

August 22, 2013: 12:00 AM EST
Unilever partnered with the University of Liverpool to launch a research project aimed at developing the next generation of renewable chemicals from biomass. Chemicals that would be developed would be used in the manufacture of the consumer goods giant's home and personal care product lines. With emphasis on developing chemicals from the surplus sugars, fats, oils, and carbohydrates produced as by-products and forestry wastes, the project will create a center of excellence in the identification of renewable ingredients, the partners said. To be located at the University of Liverpool, the project center will employ rapid high-throughput research methods.
"Scientists to develop renewable chemicals for products of the future", Unilever, August 22, 2013, © Unilever
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
EMEA
Europe
United Kingdom

U.S. Non-Dairy Milk Market Expanding; Almonds Outpacing Soy, Analysts Say

August 21, 2013: 12:00 AM EST
Sales of non-dairy milk products, such as soy, almonds, rice, and coconut milk, in the United States have grown to reach $1.4 billion in value, according to estimates by Marketresearch.com. For example, WhiteWave Foods reported sales increased 12 percent in the last quarter, with sales of almond milk growing more than 50 percent. Soy accounts for only 35 percent of the plant-milk industry, WhiteWave said. Almond milk has outpaced soy to grab 55 percent of the market, with research firm Euromonitor International expecting retail sales of soy milk in the US to drop 11 percent further in 2013.
Venessa Wong, "Soy Milk Fades as Americans Opt for Drinkable Almonds", Businessweek, August 21, 2013, © Bloomberg L.P.
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Unilever Sees Growth In Egypt Despite Growing Unrest In The Country

August 21, 2013: 12:00 AM EST
Unilever CEO Paul Polman said his company’s business had grown across the board in Egypt despite the ongoing unrest in the country. Other companies, such as General Motors, BASF, and Electrolux, are saying their operations have been adversely affected by the growing violence in the country, which saw its GDP grow 2 percent in the fiscal year ending June 2013 and its budget deficit widen to over 13 percent of output. Unilever said it posted double-digit growth across the Middle East and North Africa. Unilever employs 4,500 people in Egypt, which still offers enormous growth potential, the company said.
Gillian Duncan, "Unilever holds nerve over Egypt", The National, August 21, 2013, © The Abu Dhabi Media
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
EMEA
Middle East- Africa
Egypt

Hain Celestial Reports Record Net Sales In Fiscal 2013

August 21, 2013: 12:00 AM EST
Hain Celestial Group, Inc. reported worldwide net sales increased 25.9 percent to $1.734 billion in fiscal year 2013 from net sales of $1.378 billion in fiscal year 2012. In the United States, the company reported sales increased 10.5 percent to $1.095 billion. In the UK, the company's Hain Daniels unit reported net sales of $420.4 million, while the Rest of World posted net sales of $218.4 million. Net income from continuing operations reached $119.8 million, compared with $94.2 million in fiscal year 2012. Hain Celestial reported earnings per diluted share of $2.52, compared with $2.05 in the previous year. Adjusted income from continuing operations increased 39.5 percent to $120.2 million from $86.2 million in the previous year.
"Hain Celestial Announces Highest Quarterly And Fiscal Year Net Sales In The Company's History", Hain Celestial, August 21, 2013, © The Hain Celestial Group, Inc.
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Smucker Closes Acquisition Of Organic Ancient Grains Company

August 21, 2013: 12:00 AM EST
Fruit spread maker J. M. Smucker Company has acquired Enray Inc., a privately-held California firm that makes premium organic, gluten-free ancient grain products. Terms of the acquisition were not disclosed; last year, Enray’s sales were $45 million. The company’s product lines include sprouted and non-sprouted grains, pasta, and cookies sold mainly under the flagship brand truRoots. Smucker said the acquisition would extend “the leadership position we currently hold in the natural and organic beverages category". Smucker also makes packaged coffee, peanut butter, shortening and oils, ice cream toppings, sweetened condensed milk, and health and natural foods and beverages.
"The J. M. Smucker Company Acquires Enray Inc., A Leading Organic, Gluten-Free Ancient Grain Company ", News release, J.M. Smucker, August 21, 2013, © J.M. Smucker
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Subway Speeds Up Growth Strategy In Europe; Aims To Open 1,000 New Stores In 2014

August 21, 2013: 12:00 AM EST
Subway plans to open as many as 1,000 new branches in Europe in 2014. Currently with 4,018 stores in the continent, the restaurant chain has opened about 500 branches each year for the past two years, growing even during Europe's economic slowdown and uncertain recovery. With 2,000 stores as the target number by 2015, the UK is the company's number 1 growth market in Europe. The Netherlands, Finland, and Sweden are also likely to see faster growth in number of stores. Subway also plans to expand into Latvia, Lithuania, Georgia, and Ukraine by the end of 2013.
Rachel Savage , "Subway Plans Europe Growth With as Many as 1,000 New Outlets", Bloomberg, August 21, 2013, © Bloomberg L.P.
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
EMEA
Europe

Hindustan Unilever Partners With Nickelodeon And Amagi Media To Launch Geo-Targeted Advertising Campaign In India

August 21, 2013: 12:00 AM EST
Advertising technology firm Amagi Media announced a geo-targeted advertising deal with Hindustan Unilever Ltd. and television network Viacom18's Nickelodeon children's TV channel. As part of the agreement, a TV advertisement from HUL will be broadcast simultaneously and nationwide on Nickelodeon in different versions, based on geographical location, using Amagi's DART geo-targeted advertising technology. This kind of advertising benefits local advertisers, as they only have to pay for advertising in a particular region. Amagi's growing list of broadcast partners includes TEN sports, Times Now, and CNBC Awaaz.
Vishaka Chakrapani, "Nickelodeon-Unilever-Amagi enter advertising geo-targeting deal", Indiantelevision.com , August 21, 2013, © Indiantelevision Dot Com Pvt Ltd
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
Asia-Pacific
India

Unilever Expands Kansas Manufacturing Plant By 50 Percent

August 20, 2013: 12:00 AM EST
Unilever says it will spend $45 million to expand a New Century, Kansas, factory that produces spread brands Country Crock, I Can’t Believe It’s Not Butter, Imperial and Promise. The plant operates 24 hours a day, five days a week, producing an average of 1.3 million tubs of spread a day. The company will expand capacity by 50 percent to about 500,000 square feet and upgrade manufacturing equipment.
James Dornbrook, "Unilever invests $152.5 million in New Century plant, creates 100 new jobs", Kansas City Business Journal, August 20, 2013, © American City Business Journals
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
North America
United States of America

Nestlé’s Expansion Of Pizza Factory In Germany Reflects Deeper Investment In Frozen Foods

August 20, 2013: 12:00 AM EST
Nestlé announced it has expanded the production capacity of a factory in Nonnweiler, Germany, that makes reduced fat, whole grain, lactose-free and organic brands of frozen pizzas for the European market. The €50 million ($67 million) extension to its Wagner factory, which created 50 new jobs, is part of a strategy to strengthen its expertise in frozen and chilled foods. Brands produced at the Wagner plant include Big Pizza, Piccolinis and Die Backfrische. The company recently announced it would spend about $53 million to expand global frozen foods R&D facilities in the United States.
"Nestlé inaugurates EUR 50 million pizza factory in Germany", News release, Nestlé, August 20, 2013, © Nestlé
Domains
FOOD COMPANIES
Nestle
Geographies
Worldwide
EMEA
Europe
Germany

Maker Of Colored, Flavored Pasta Poised For Rapid International Growth

August 20, 2013: 12:00 AM EST
A company based in Arizona that specializes in handmade, naturally flavored pastas is poised for rapid international expansion. DeCio Pasta has expanded its production capacity 300 percent while building its sales and marketing infrastructure to accommodate what it calls “snowballing demand” for its products. The company uses semolina durum wheat flour, and obtains the vibrant colors and flavors from a variety of vegetables and herbs. The 25-year-old company’s goal is to grow by 1,000 percent over the next six months and become a major player in the vigorous “healthy pasta” market space.
Christopher Simmons , "DeCio Pasta begins national expansion program for its elegant handmade naturally flavored pasta products", eNewsChannels, August 20, 2013, © eNewsChannels™ and the Neotrope® News Network
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FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Wholly Guacamole Launches Mini Version Of Dipping Product

August 19, 2013: 12:00 AM EST
Wholly Guacamole launched the Wholly Guacamole Mini, an easy-to-open snack dip cup. Coming in 100-calorie, 2-ounce packaging, the Mini offers the same product that consumers love in a size that is easier to bring where they want to go, the company said. About 23–26 percent of consumers of refrigerated dipping products have had guacamole at a party or social event, according to a survey by Wholly Guacamole, with 18 percent saying they have used guacamole as an evening snack and 16 percent as a snack during daytime.
Rick Lingle, "Wholly Guacamole brand debuts Mini Dipping Cups", Packaging Digest, August 19, 2013, © UBM Canon
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FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

GLG Lifetech Partners With China's Largest Food Company To Develop Healthy Products, Help Tackle Obesity And Diabetes Epidemic

August 15, 2013: 12:00 AM EST
Stevia producer GLG Lifetech announced it is working with state-owned China National Cereals, Oils, and Foodstuffs Corporation, the largest food company in China, on three major healthy food and beverage formulation projects. Two of the projects cover dairy products for the COFCO Mengniu Dairy business unit and one involves the company's China Foods subsidiary, according to GLG investor relations head Stuart Wooldridge. China's government is concerned about the increase in number of obese people in the country to more than 200 million, while those diagnosed with diabetes have reached 90 million. As part of its deal with COFCO's Nutrition and Health Research Institute, GLG will supply stevia ingredients and technologies and help the Chinese company develop products with zero or reduced sugar content.
Elaine WATSON , "GLG Lifetech works with China’s largest food company to tackle obesity, diabetes epidemic with stevia", Nutraingredients USA, August 15, 2013, © William Reed Business Media SAS
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FOOD COMPANIES
Other
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Worldwide
Asia-Pacific
China

Food Companies Emphasize Texture As They Seek Product Individuality

August 15, 2013: 12:00 AM EST
Texture is becoming a major focus of food companies as they attempt to differentiate their products from those of competitors. According to The Wall Street Journal, consumer market researchers found four main texture preferences: chewers, who like the texture of cookies; crunchers – 33 percent of the market – who like potato chips and even juices containing crunchy seeds; smooshers, who like yogurt and oatmeal; and suckers, who like hard candy. Texture turned out to be an important consideration for General Mills when it launched a nutritional shake called Bfast. It originally was supposed to be a breakfast bar, but ended up a very thick shake – too thick for a straw –  that the label says to “chug”.
Mark Reilly, "The four kinds of eaters, according to General Mills", Minneapolis / St. Paul Business Journal, August 15, 2013, © American City Business Journal
Domains
FOOD COMPANIES
General Mills
Geographies
Worldwide
North America
United States of America

American Heart Association's Endorsement Of Campbell Soups Leads To Consumer Lawsuit

August 15, 2013: 12:00 AM EST
Campbell Soup Co. and the American Heart Association were sued by a consumer who alleged the AHA has committed fraud by certifying the company's products as healthy. AHA certifies more than 30 of Campbell's Healthy Request soups as "heart-healthy" although a can of soup contains at least six times more sodium than what the organization recommends, according to the lawsuit filed by New Jersey-based consumer Kerry O'Shea. Excessive sodium intake contributes to higher blood pressure, which can cause heart attacks and strokes.
David Voreacos, "Campbell Soup Sued Over Heart Association Endorsements", Bloomberg, August 15, 2013, © Bloomberg L.P.
Domains
FOOD COMPANIES
Campbell's
Geographies
Worldwide
North America
United States of America

Coca-Cola Wants You To Know: Aspartame Is A Safe Artificial Sweetener

August 14, 2013: 12:00 AM EST
High-intensity artificial sweeteners are safe to use instead of sugar, according to the Coca-Cola company, which has launched an ad campaign in print media to convey that message to consumers. Sales of Diet Coke fell three percent in 2012 compared with a one percent drop for regular Coke, because of some negative scientific reports. The company is focusing specifically on aspartame, which is used in its diet beverages. Citing more than 200 studies conducted over four decades, the company says aspartame is a safe, high-quality alternative to sugar that is beneficial for people who need to manage their calories.
Elaine Watson, "Coca-Cola unveils ad reassuring consumers about the safety of artificial sweeteners", Food Navigator , August 14, 2013, © William Reed Business Media SAS
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
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Moms Believe Whole Grains Are Nutritious, But Kids Aren’t Eating The RDA

August 14, 2013: 12:00 AM EST
Most moms (91 percent) believe it’s important that their kids have a nourishing snack before they exercise, but many (69 percent) say they have a hard time finding good snacks that their kids will eat, a Quaker Oats (PepsiCo) survey finds. Seventy-five percent of moms believe whole grains are a nourishing snack for kids, but fewer than one percent of children actually eat the recommended daily amount of whole grains. Quaker is partnering with the Chicago Fire soccer club to sponsor events for the club's youth player development program, which supports more than 10,000 soccer kids and families in Chicago and nationally.
"Quaker Oats Survey Reveals Moms Seek Nourishing Foods To Help Fuel Their Kids' Activity", News release, PepsiCo, August 14, 2013, © Pepsico, Inc.
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PepsiCo
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Private-Label Food Brands Grab Bigger Share Of Modern Retail Sales In India

August 14, 2013: 12:00 AM EST
Private labels owned by India's largest retailers, such as Future Group and Reliance Retail, account for more than three-fourths of food products sold via the country's modern retail sector, according to market research firm Nielsen. Based on Nielsen's analysis, retailers' own-label products have gained market shares in categories with little difference in quality between private labels and manufacturer brands as perceived by shoppers. Nielsen forecasts consumer spending on private labels to reach $500 million, or about Rs 3,000 crore, by 2015.
Sagar Malviya, "Changing trends in modern retail: Now, private labels like Reliance Retail eat into foods biz of big brands like HUL", The Economic Times, August 14, 2013, © Times Internet Limited
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Retailers & Private Label
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India

Dollar-Store Concept Translates Into One-Euro Products As FMCG Companies In Europe Aim For Budget-Conscious Consumers

August 14, 2013: 12:00 AM EST
Consumer goods companies, retailers, and restaurants in the euro zone, taking their cue from the popular dollar stores in the United States, are introducing €1-priced products aimed at shoppers looking for good bargains. FMCG companies, including Unilever and Danone, and restaurant chains Starbucks Corp. and McDonald’s Corp. have launched one-euro products to help create demand in a consumer market still reeling from the effects of a slow economy. Families in Italy, for example, are cutting back on purchases including basic staples, as the country’s poverty rate shoots up to 14 percent. First gaining a foothold in Europe in 1990 with the UK’s Poundland Ltd.’s chain of “dollar stores”, which grew to 450 branches, the dollar-store concept moved on to mainland Europe by way of Germany, where several retail chains focus on selling one-euro products.
DEBORAH BALL, "No Need to Ask Price at Euro Stores", Wall Street Journal, August 14, 2013, © Dow Jones & Company, Inc.
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Unilever
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Germany
Italy
Spain

Unilever Appoints Third Indian Member Of Top HR Management Team

August 14, 2013: 12:00 AM EST
Unilever promoted Ranjay Radhakrishnan to senior vice president for Europe, making him the third Indian in the company’s top human resources management team. Earlier in 2013, Leena Nair was promoted to global senior vice president for leadership and organization development, while Sumeet Salwan was promoted to senior vice president for human resources of Unilever’s North America region. Reportedly, the three executives are among the top contenders to replace Unilever HR head Doug Baillie when he retires. A growing number of multinational corporations are grooming many Indian executives as HR managers, with at least six Indians having moved to companies’ global HR divisions in the past two years.
Sagar Malviya, "Another Indian in Unilever's top HR club, Ranjay Radhakrishnan elevated to senior vice-president for Europe", The Economic Times, August 14, 2013, © Times Internet Limited
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Unilever
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Boosting Daily Dietary Fiber Is Only A Matter Of Smart Food Substitutions

August 13, 2013: 12:00 AM EST
By making simple substitutions of high-fiber foods for low-fiber ones, Americans can easily boost their fiber consumption to recommended healthy levels, according to a recently published article. The key is choosing higher fiber varieties of fruits, vegetables and whole grains, the authors say. Simple substitutions can also play a role. For example, a person consuming around 13 grams of fiber and 1,600 calories a day could double fiber intake easily by exchanging a low-fiber breakfast cereal for a high-fiber breakfast cereal, chocolate chip cookies for a high-fiber chocolate chip snack bar, and white bread for whole wheat bread.
"New Study Shows How To Easily Get More Fiber In Your Diet Without Increasing Calories", News release, Kellogg's, August 13, 2013, © Kellogg Company
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Campbell Soup To Sell European Operations To Private Equity Firm

August 12, 2013: 12:00 AM EST
Campbell Soup Company is selling its European business to private equity firm CVC Capital Partners. The sale will include Campbell’s national brands of soups, sauces and simple meals, including Liebig and Royco in France, Erasco in Germany, Blå Band in Sweden and Devos Lemmens and Royco in Belgium. CVC will also acquire four production plants in Puurs, Belgium; Le Pontet, France; Lubeck, Germany; and Karpalund, Sweden. Not included in the sale are the export of Pepperidge Farm products throughout Europe or Campbell’s products in the United Kingdom or the Middle East or Africa. In fiscal 2012, the Campbell businesses included in the sale generated annual net sales of approximately $530 million.
"Campbell Enters into Final Negotiations with CVC Capital Partners for Sale of Campbell’s European Business", News release, Campbell Soup Company, August 12, 2013, © Campbell Soup Company
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Campbell's
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Unilever Sells Wish-Bone, Western Brands To Pinnacle Foods

August 12, 2013: 12:00 AM EST
Unilever said it has agreed to sell its Wish-Bone and Western brands of dressings to Pinnacle Foods Inc. Valued at approximately $580 million, the purchase deal does not include Unilever’s manufacturing facility in Independence, Missouri, which produces Wish-Bone and Western products; however, the factory will keep producing for Pinnacle Foods under a third-party agreement. Subject to regulatory approval and the usual closing conditions, the deal for the brands, which have a combined annual turnover of about $190 million, is expected to close in the third quarter or early fourth quarter of 2013.
"Unilever agrees to sell Wish-Bone and Western brands", Unilever, August 12, 2013, © Unilever
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Kraft Launches Marketing Campaign For Jell-O Dessert Brand

August 12, 2013: 12:00 AM EST
Kraft Foods Group launched the “Fun Things Up” marketing campaign for its Jell-O brand of dessert products. Created by CP&B, the campaign includes a TV ad featuring a dad and his son who is going through adult issues, such as losing his hair. Part of Kraft’s efforts to revitalize classic brands, the campaign aims to revive weakening sales, with sales of gelatin dessert mix dropping by 0.45 percent to $154 million in the year ending July 14, 2013. Sales of refrigerated pudding, mousse, and gelatin fell 19 percent to $337 million, according to IRI. Kraft needs to overcome the effects of changing eating habits, which include the proportion of dinners that include dessert falling to 13.8 percent, its lowest level in 25 years.
E.J. Schultz, "Kraft Launches Comeback Plan for Jell-O", Advertising Age, August 12, 2013, © Crain Communications
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Different Retailers, Different Prices For Kind Energy Bars, Survey Shows

August 9, 2013: 12:00 AM EST
Retailers have different pricing and merchandising strategies for the Kind brand of energy bars, according to a survey of six retail stores in New York City. There is no logical explanation for how much retailers charge for the energy bars, they just put a price as high as they think they could get away with, according to Columbia University Center for Pricing and Revenue Management director Robert L. Phillips. Whole Foods’ Columbus Circle store sells Kind bars at prices ranging from $1 to $1.99. Whole Foods buys directly from the company that manufactures Kind bars, and most probably was able to secure a good deal. It sells the energy bars in the dry goods area or near the register for impulse buyers. Trader Joe’s store on Court Street in Brooklyn sells the energy bar for $1.49 and places the product in the cereal and dried fruit and nut aisle.
EMILY S. RUEB, "Doing the Math on a Snack", The New York Times, August 09, 2013, © The New York Times Company
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Danone Buys US Yoghurt Company YoCrunch

August 9, 2013: 12:00 AM EST
French food giant Danone bought yoghurt maker YoCrunch as part of its efforts to expand its business in the United States. YoCrunch leads the market for yoghurt with toppers, Danone claimed, with sales of over $110 million in 2012. Connecticut-based YoCrunch has licensing agreements with many national brands, such as M&M and Oreo. Danone also said it expects to benefit from YoCrunch’s expertise in compartmentalized packaging.
Katy Askew , "US: Danone eyes US yoghurt growth with YoCrunch buy", just-food.com, August 09, 2013, © just-food.com
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Danone
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Nestlé Confectionery Launches Wonka Chocolate Bars In UK

August 9, 2013: 12:00 AM EST
Nestlé Confectionery plans to launch the Wonka brand of chocolate bars in the UK to celebrate the “Charlie and the Chocolate Factory” story. Developed to satisfy UK consumers’ demand for something exciting and new in chocolate products, the Wonka chocolate bar comes in three variants: Wonka’s Millionaires Shortbread, Chocolate Nice Cream, and Crème Brulee. Results of consumer testing revealed 80 percent of consumers said they would definitely or probably buy the new Wonka chocolate bars. Core target consumers are mothers aged 30 to 45 years; however, the bars are also popular among the 16 to 25 year olds, as well as the 55 to 64 year olds.
"Nestlé Confectionery to bring the World of Wonder back to chocolate with Wonka", Nestle, August 09, 2013, © Nestle
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Nestle
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Kellogg Encourages Sustainable Rice Growing In Louisiana

August 8, 2013: 12:00 AM EST
The Kellogg Company, which uses a lot of medium grain rice in its products, has partnered with the Louisiana Rice Mill and Louisiana State University in an effort to help rice growers in that state use good agronomic methods, adopt sustainable growing practices and understand the connection between sustainability and profitability. The Kellogg Master Grower program also helps insure a continuous supply of rice for Kellogg foods, including Rice Krispies and Special K cereals, while driving environmental improvements in rice production, the company said.
"Kellogg Company Works With Louisiana State University To Promote Sustainable Growing Methods Through Rice Master Grower Program", Kellogg, August 08, 2013, © Kellogg Co.
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Kellogg
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Coca-Cola Foundation Awards $8.8 Million In Grants To Community And Sustainability Programs In 2Q 2013

August 8, 2013: 12:00 AM EST
The Coca-Cola Company’s international philanthropic group The Coca-Cola Foundation said it awarded $8.8 million in grants to 66 community organizations in the second quarter of 2013. Aimed at promoting personal well-being, strengthening communities, and protecting the environment, grants valued overall at $1.9 million were directed to programs promoting physical fitness and healthy lifestyle; $4.6 million went to local priorities, including education and other social well-being programs; and $2.3 million to water management, recycling, and environmental programs. Some of the organizations that received grants during the period include DESEM Del Uruguay’s Dale Juguemos program, NPO Japan Running Promotion Organization, and the Center for Research in Environmental Epidemiology, Active Transportation in Ireland.
"The Coca-Cola Foundation Gives $8.8 Million to Help Develop Sustainable Communities", The Coca-Cola Company , August 08, 2013, © The Coca-Cola Company
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Coca-Cola Company
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Worldwide

Wegmans Food Markets Appoints Vice President Of Seafood Sustainability

August 8, 2013: 12:00 AM EST
Wegmans Food Markets appointed Carl Salamone as vice president of seafood sustainability as part of the retailer’s commitment to sustainable seafood. Dave Wagner has been promoted to succeed Salamone as vice president of seafood merchandising at the Rochester, New York-based retailer. Wegman’s sustainability manager Jason Wadsworth has handled the company’s sustainability efforts, including its carbon footprint, packaging, recycling, and sustainable sourcing. Family-owned Wegmans Food Market currently operates 81 stores in New York, Pennsylvania, Maryland, and Massachusetts.
"Wegmans' Salamone to Tackle Sustainable Seafood", Progressive Grocer, August 08, 2013, © Stagnito Media
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Retailers & Private Label
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United States of America

WhiteWave Foods Asks Court To Dismiss Evaporated Cane Juice Lawsuit In California

August 8, 2013: 12:00 AM EST
WhiteWave Foods filed a motion to dismiss the lawsuit filed in California by plaintiffs Alex Ang and Kevin Avoy alleging consumers are being misled by food companies’ use of the term “evaporated cane juice” to describe dried sugar cane syrup. The Colorado-based food company, which sells the Horizon Organic brand of dairy products and the Silk brand of almond- and soy-based products, said the lawsuit is precluded by a settlement deal in Florida concerning an almost identical lawsuit. Ang and  Avoy were both members of the class bound by the $800,000 settlement deal in Florida, the company added.
Elaine Watson, "WhiteWave Foods: 'Evaporated cane juice was not controversial until this recent tsunami of lawsuits was filed '", Nutraingredeitns.com, August 08, 2013, © William Reed Business Media SAS
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Mastix Medica Announces RenaGum Medical Food Chewing Gum For CKD Patients

August 8, 2013: 12:00 AM EST
Dietary supplements company Mastix Medica introduced RenaGum, a medical food in chewing-gum form the company claims is designed to help patients with chronic kidney disease keep their phosphate at normal levels. Specially formulated with chitosan, a dietary, medical, and environmental binding agent, RenaGum is manufactured using natural ingredients and is Kosher certified. It needs to be used under the supervision of a physician, as it is considered a medical food.
"Mastix Medica Introduces RenaGum™ - The First Medical Food Chewing Gum", PRWeb, August 08, 2013, © Vocus PRW Holdings, LLC.
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