Already have an account? Sign in.

 Remember Me | Forgot Your Password?
<<12345678910>> Total results:2781 References Per Page:

Unable To Make A Dent, Danone Abandons The Indian Dairy Market

January 12, 2018: 12:00 AM EST
France’s Danone is discontinuing dairy brands in India that have been underperforming, including ultra-high temperature processing (UHT) brands and fresh dairy products, which have accounted for only ten percent of the company’s revenue in the country. Danone’s dairy portfolio comprised flavored yogurt, lassi and misti doi, and milk. India’s estimated $14 billion dairy market is dominated by cooperatives like the Gujarat Cooperative Milk Marketing Federation Ltd that owns the Amul brand. The decision means Danone’s factory at Rai, Sonipat, will stop production. The company said it will re-emphasizse the marketing of its portfolio of nutrition brands in the country.
Sounak Mitra, "Danone to Shut Down its Dairy Business in India", LiveMint, January 12, 2018, © HT Media Ltd.
Domains
FOOD COMPANIES
Danone
Geographies
Worldwide
Asia-Pacific
India

Dunkin’ Removes All Synthetic Dyes From Donuts

January 4, 2018: 12:00 AM EST
Dunkin’ Donuts has removed all artificial dyes from its donuts in the U.S., almost a year before its original deadline. Calling the accomplishment ”an incredible milestone moment,” the company said it took years of research to make the transition to simpler donut ingredients and hopes to continue the trend with “innovative new flavors” in the months ahead. The company said it is on track to meet its end-of-2018 deadlines for removing synthetic dyes from its entire menu, including donut icings, fillings and toppings, and frozen beverages such as Coolatta frozen beverages, baked goods, breakfast sandwiches and coffee flavorings. Sister brand Baskin-Robbins is also working to remove synthetic dyes from its products. [Image Credit: © Dunkin' Donuts ]
"To Ring in the New Year, Dunkin' Donuts Removes Artificial Dyes from Donuts", News release, Dunkin' Donuts, January 04, 2018, © Dunkin' Donuts
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Kroger Continues To Expand Its Clean-Label Product Offerings

January 3, 2018: 12:00 AM EST
Kroger’s “Simple Truth” product line, which are free from more than a hundred artificial preservatives and other undesirable ingredients such as GMOs and antibiotics, is being expanded, the company announced. Simple Truth brand includes more than 1,400 natural and organic products in categories such as grocery, meat, produce, deli, bakery, baby, household essentials and personal care. New Simple Truth products will debut this year that “align with customer trends, including increasingly popular categories like beverage, snacking and non-animal proteins." The company said Simple Truth 3rd quarter sales grew 19 percent.  [Image Credit: © Kroger ]
Alissa Marchant, "Kroger Will Expand Its Simple Truth Lines to ‘Align With Customer Trends’", The Shelby Report, January 03, 2018, © The Shelby Report
Domains
FOOD COMPANIES
Retailers & Private Label
Geographies
Worldwide
North America
United States of America

Big Grocery Chains Can Do A Lot To Reduce Food Waste

December 19, 2017: 12:00 AM EST
Three business and management scholars writing in the Harvard Business Review suggest several ways large food retailers – Kroger, Sainsbury’s, Tesco, Carrefour, Walmart, etc. – can help reduce food waste in their supply chain, stores, and communities. The four-pronged strategy includes the following suggestions: upgrade inventory systems with the latest technology; partner with farms, where seven percent of U.S. produce is left unharvested; modify or eliminate traditional store practices that increase waste, e.g., focusing too heavily on the cosmetics of produce; and team up with consumers, only three percent of whom attach a social stigma to throwing away food. [Image Credit: © Walmart ]
Yasemin Y. Kor et al., "How Large Food Retailers Can Help Solve the Food Waste Crisis", Harvard Business Review, December 19, 2017, © Harvard Business School Publishing
Domains
FOOD COMPANIES
Retailers & Private Label
Geographies
Worldwide
North America
EMEA
United States of America
Europe

Frito-Lay Settles False Labeling Suit Over GMOs

December 15, 2017: 12:00 AM EST
Settling a class action suit filed in 2012, snack maker Frito-Lay has agreed to remove the package claim “All Natural” from any products that contain genetically modified organisms (GMOs). The suit had accused Frito-Lay of violating several false labeling and consumer protection statutes, and generally misleading consumers. The crux of plaintiffs’ argument was that GMOs do not occur naturally, therefore a product containing them cannot be called “all natural.” The company agreed to pay up to $2.1 million in plaintiffs’ attorneys' fees and costs and spend $215,000 to inform consumers about the settlement. As much as $5,000 was awarded to each of the named plaintiffs. A final decision is pending because two unnamed plaintiffs objected to the settlement, which does not create enforceable law regarding GMOs. [Image Credit: © Frito-Lay ]
Andrew M. Levad, "Frito-Lay Removes "All Natural" Label From Products Containing GMOs", Mondaq, December 15, 2017, © Mondaq Ltd
Domains
FOOD COMPANIES
PepsiCo
Geographies
Worldwide
North America
United States of America

Blue Bottle Coffee Expands To South Korea

December 8, 2017: 12:00 AM EST
Nestlé, which acquired Blue Bottle Coffee in September, reportedly has established a Korean subsidiary (Blue Bottle Korea) and named a former Nestlé Korea executive director as general manager. Industry sources told Korea Times that a Blue Bottle Coffee shop will open in Seoul in March. Blue Bottle, founded in San Francisco 15 years ago, is considered a major player in the high-end coffee market, emphasizing “deliciousness, hospitality and sustainability as its corporate values.”
Park Jae-hyuk, "Blue Bottle Coffee coming to Seoul in March", KoreaTimes.co.kr, December 08, 2017, © KoreaTimes.co.kr
Domains
FOOD COMPANIES
Nestle
Geographies
Worldwide
Asia-Pacific
South Korea

Nestlé Expands Presence In Cuba With New Coffee Factory

December 6, 2017: 12:00 AM EST
Nestlé is investing $54.4 million in a Nescafé coffee plant in Cuba that will employ 260 people by its third year of operation. The plant, a joint venture between Nestlé and Cuban food enterprise Corporación Alimentaria, S.A. (Coralsa), will also produce the local Cuban roast and ground coffee Serrano, Nestlé Fitness cereal based snacks, the Nesquik powdered beverage, and Maggi cooking aids. Nestlé has been operating in Cuba since 1908.
"Nestlé invests in new factory in Cuba", News release, Nestlé, December 06, 2017, © Nestlé
Domains
FOOD COMPANIES
Nestle
Geographies
Worldwide
North America
EMEA
Caribbean islands
Europe
Switzerland

Kellogg UK Revamps Cereal Line To Make Products More Healthful

November 30, 2017: 12:00 AM EST
Kellogg UK announced the launch of the “Better Starts Plan,” a healthful breakfast initiative that involves revamping its cereal line, mainly by cutting sugar content. The company says it will, for example, reduce sugar in Coco Pops by 40 percent and in Rice Krispies by 20 percent. It will also launch a range of vegan and organic cereals, and continue to cut salt levels. The company says it is able to do all of this because its food development team was able to maximize flavor with cocoa and grains to maintain taste without using artificial sweeteners. The new plant-based cereal range called WK Kellogg will include no added sugar, low sugar, organic and vegan options. [Image Credit: © Kellogg UK ]
"Kellogg UK Commits to Making Breakfasts Healthier with the Launch of Its New Better Starts Plan", News release, Kellogg UK, November 30, 2017, © Kellogg Co.
Domains
FOOD COMPANIES
Kellogg
Geographies
Worldwide
EMEA
Europe
United Kingdom

Chipotle Founder Exits Company Battered By Food Safety Disasters

November 29, 2017: 12:00 AM EST
Chipotle Mexican Grill founder and CEO Steve Ells [left] has resigned under pressure from investors unhappy with the failure to turn around the troubled chain over the last two years. Chipotle’s sales have never fully recovered from a string of E. coli, salmonella and norovirus outbreaks that sickened hundreds of U.S. customers in 2015. Chipotle shares, down more than 20 percent this year, rose more than five percent to $301.99 with the news of Ells’ departure. Prior to the food safety problems, the stock had reached a high of $742. [Image Credit: © Cornell University ]
Lisa Baertlein, "Chipotle Founder Out as CEO as Investor Patience Expires", Reuters, November 29, 2017, © Reuters
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Gold Medal, Pillsbury Baking Products Reformulated Without Artificial Colors, Flavors

November 29, 2017: 12:00 AM EST
General Mills’ Gold Medal and Pillsbury baking mixes and frozen baked goods will no longer be formulated with artificial flavors or colors “from artificial sources.” The revamped line of products includes bread, biscuit, brownie, cake and muffin mixes, and frozen cinnamon rolls, muffins, and scones. According to the company, the products were reformulated to help bakeries, restaurants, and food service operations better meet the needs of customers with food intolerances or allergies, or who are following avoidance diets. Revamped Gold Medal muffin, brownie, and cake mixes will be available in June 2018. The new Gold Medal products will also have redesigned packaging with updated graphics, photography, and easier-to-read instructions.. [Image Credit: © Pillsbury ]
Rebekah Schouten, "General Mills Launches Clean Label Baking Products", BakingBusiness.com, November 29, 2017, © SOSLAND PUBLISHING COMPANY
Domains
FOOD COMPANIES
General Mills
Geographies
Worldwide
North America
United States of America

New Production Plant In Myanmar Will Reduce Nestlé Imports By Half

November 27, 2017: 12:00 AM EST
Nestlé Myanmar announced that it will be able to cut in half the number of Nestlé products imported from other ASEAN countries next year when its recently opened factory in the Yangon region achieves full production. Thailand is the main supplier of Nestlé products, along with Vietnam, Malaysia, and the Philippines. The six major brands produced and distributed in the area are Lactogen, Cerelac, Milo, Nescafe, Bear Brand, and Maggi.
Khine Kyaw, "Nestle Myanmar to Locally Produce Half of its Products", The Nation, November 27, 2017, © THE NATION
Domains
FOOD COMPANIES
Nestle
Geographies
Worldwide
Asia-Pacific
Malaysia
Myanmar
Philippines
Thailand
Viet Nam

Unilever Starts Process Of Looking For New CEO

November 23, 2017: 12:00 AM EST
Unilever is working with executive search consulting firm Egon Zehnder International to search for current CEO Paul Polman's successor. Although the company has yet to officially announce a possible date for Polman's retirement, some unnamed sources expect the veteran executive to leave in about 18 months. According to Sky News, Egon Zehnder is helping Unilever's board of directors prepare for a formal search process.
Mark Kleinman, "Dove-maker Unilever paves way for exit of veteran CEO Polman", Sky UK, November 23, 2017, © Sky UK
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
EMEA
Europe
United Kingdom
Netherlands

Top Coca-Cola Execs Discuss The Impact Of Culture Change On Innovation

November 21, 2017: 12:00 AM EST
At its recent investors day meeting, Coca-Cola CEO James Quincey and other top executives outlined for analysts how the company is changing its corporate culture to reflect shifts in consumer beverage and health trends. It is revamping e-commerce strategy, focusing on nutrition, and diversifying away from core soft drinks. Analysts were given examples of innovative international products in various markets and examples of incubating innovation and geographic scaling. Chief Growth Officer Francisco Crespo defined categories of innovation, including explorer brands (e.g., Honest Tea) that then graduate to challenger brands, and eventually to leader brands. Consumer-driven innovation is reflected in a growing presence in natural, craft, organic, and premium sparkling categories, and extension of the Coke brand to include Coca-Cola Coffee in Japan and Australia.
Dale Buss, "Coca-Cola Investor Day Outlines New Beverages, New Approach", BrandChannel, November 21, 2017, © Interbrand
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
Worldwide
North America
United States of America

Restaurants Can’t Ignore Customers Looking To Avoid Certain Foods

November 21, 2017: 12:00 AM EST
Big restaurant chains are swerving from their standardized approach to foods and beverages to better serve customers trying to avoid gluten and dairy. Customers with food intolerances or allergies, or who are following avoidance diets, have become a market simply too large to ignore. Starbucks, for example, now sells a hot chocolate drink made with steamed almond milk. California Pizza Kitchen offers a gluten-free cauliflower crust for those who don’t eat wheat-based foods. Industry research has found that lactose comes in third, after high fructose corn syrup and GMOs, as America’s most-avoided ingredients. Gluten and wheat came in at No. 7. [Image Credit: © Starbucks ]
Zlati Meyer, "Starbucks, Other Chains Cater to Customers Who Avoid Dairy, Gluten", USA Today, November 21, 2017, © USA Today
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Coca-Cola Adapts Marketing Expertise To The E-commerce Experience

November 17, 2017: 12:00 AM EST
Coca-Cola, which knows a thing or two about driving store traffic, is using that knowledge to enhance its e-commerce tactics in a world where customers are increasingly likely to purchase beverages using an online cart rather than a grocery store cart. To that end, it is improving the appearance of its digital store shelves,” integrating with voice technologies like Amazon Echo, and adding impulse buy options to click-and-collect pickup lockers. The idea behind these changes is to focus on current customers to drive digital sales, with the help of grocers and other online partners. It is also experimenting with direct-to-consumer marketing.
Jennifer Kaplan, "Coca-Cola Bid for Amazon Shoppers Means Boosting Digital Lineup", Bloomberg Technology, November 17, 2017, © Bloomberg Finance L.P.
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
Worldwide
North America
United States of America

Millennials Will Drive Growth Of Frozen Foods, ConAgra CEO Says

November 15, 2017: 12:00 AM EST
Conagra is betting that frozen foods will continue to grow – dollar sales were up two percent over the last 12 months – as Millennials try to save money and time, and still eat healthfully. The company has launched several new products within its frozen food brands, including Healthy Choice, Banquet, and Marie Callender's. Although the company does not say how much it spent on the revamp of those brands, the investment seems to be paying off. All three have posted sharp gains after the new lines were launched. The company also introduced new products under the Frontera and Alexia. CEO Sean Connolly said ConAgra’s next target is likely to be snack foods.  [Image Credit: © Healthy Choice.com ]
Angelica LaVito, "Conagra's Bet on Frozen Food Appears to Be Paying Off", CNBC, November 15, 2017, © CNBC LLC
Domains
FOOD COMPANIES
ConAgra
Geographies
Worldwide
North America
United States of America

Cold Coffee From Grocery Stores Is Cheaper, Faster, And Maybe More Healthful

November 12, 2017: 12:00 AM EST
U.S. retail sales of refrigerated ready-to-drink coffee rose 29 percent in the 52 weeks ended September 10 to more than $289 million, while the broader ready-to-drink coffee category that includes beverages sold at room temperature but intended to be chilled after opening is valued at $2.7 billion, and could reach $4.4 billion by 2022. Major coffee makers are filling grocery store refrigerated shelves with bottle or canned coffee beverages. But why? Cold coffee is the beverage of choice among Millennials, who often view it as a more healthful alternative to energy drinks and soda. It is also cheaper than a specialty coffee at a coffee shop, and can be purchased on-the-go without having to waste time waiting.
Julie Jargon, "Why Millennials Crave Cold Coffee", The Wall Street Journal, November 12, 2017, © Dow Jones & Company, Inc.
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Successful Innovators Embrace Failure

November 10, 2017: 12:00 AM EST
While many top executives pay li[p service to the virtues of innovation and creativity, they fear mistakes, missteps, and disappointments. Creativity and innovation disappear. People and organizations need to keep learning as the world changes, or they will stop growing and evolving. One of the reasons for the success of companies like Netflix, Amazon.com, and Coca-Cola, is that their leadership embrace failure as a learning and innovation tool. Coke CEO James Quincey, for example, recently told his executives to shed their fear of failure – remember the “New Coke” fiasco? – so they could really ramp up innovation. “If we’re not making mistakes,” Quincey said, “we’re not trying hard enough.”
Bill Taylor, "How Coca-Cola, Netflix, and Amazon Learn from Failure", Harvard Business Review, November 10, 2017, © Harvard Business School Publishing
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
Worldwide
North America
United States of America

Bezos Aide Steve Keller To Helm Amazon’s Delivery, Grocery, Store Ventures

November 9, 2017: 12:00 AM EST
Amazon.com CEO Jeff Bezos has given a longtime aide responsibility for Prime Now, AmazonFresh, as well as the $13.5-billion Whole Foods Market acquisition and brick-and-mortar book and convenience stores. The idea, according to observers, is to facilitate changes across the rapid-delivery and grocery-delivery operations, and the physical facilities. Steve Kessel [left] spent several years managing Amazon’s digital ventures, including books and music. His teams developed the Kindle e-reader Fire tablet in late 2011. After a four-year sabbatical, he returned in 2015 to oversee efforts to reimagine the in-store experience. [Image Credit: © Amazon.com]
Laura Stevens, "Amazon Puts Whole Foods, Delivery Units Under Bezos Lieutenant", The Wall Street Journal, November 09, 2017, © Dow Jones & Company, Inc
Domains
FOOD COMPANIES
Retailers & Private Label
Geographies
Worldwide
North America
United States of America

Ahold USA Earns Perfect Survey Score On LGBT Workplace Equality

November 9, 2017: 12:00 AM EST
Ahold USA, the parent company of supermarket chains Stop & Shop, Giant, and Martin’s, as well as the grocery shopping/delivery company Peapod, received a perfect score on the 2018 Corporate Equality Index (CEI) administered by the Human Rights Campaign Foundation. The national benchmarking survey and report evaluates corporate policies and practices lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality. The high score earned Ahold USA the designation as a “Best Place to Work for LGBTQ Equality.” [Image Credit: © HRC]
"Ahold USA Earns Top Marks In 2018 Corporate Equality Index", News release, Ahold, November 09, 2017, © Ahold
Domains
FOOD COMPANIES
Retailers & Private Label
Geographies
Worldwide
North America
United States of America

Au Bon Pain Reunites With Panera Bread

November 8, 2017: 12:00 AM EST
Soup and sandwich restaurant chain Panera Bread has purchased 304-unit cafe/bakery company Au Bon Pain, which was once spun off from the Panera business by founder Ron Shaich. JAB Holding Co., a family-held European company, purchased publicly-held Panera earlier this year for $7.5 billion and took it private. JAB owns the coffee brands Keurig Green Mountain, Peet’s Coffee, and Caribou Coffee, and last year paid $1.35 billion for the Krispy Kreme Doughnuts chain. Shaich will step down as Panera CEO in January.
Tiffany Hsu, "Panera Bread Buys Au Bon Pain, Adding to JAB’s Breakfast Empire", The New York Times, November 08, 2017, © The New York Times Company
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Restaurant Nutritional Labeling To Arrive In May 2018

November 8, 2017: 12:00 AM EST
After numerous delays over eight years, the USDA has issued guidance on the implementation of the Obama-era law – part of the Affordable Care Act – requiring nutritional menu labeling. The guidance is intended to provide more flexibility to restaurants, convenience retailers, and pizza chains by offering more options for labeling calories on their menus. Restaurants could place a single placard a buffet bar, for example, instead of labeling each item individually. The controversial requirement, set to take effect in May of this year, was delayed again by the Trump administration. The new implementation date is May 2018. [Image Credit: © restaurant.org ]
"FDA Is Moving Forward With Menu-Labeling", NACS, November 08, 2017, © NACS
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Hain Celestial‘s 1st Quarter Delivered “Solid” Gains In Sales, Profit

November 7, 2017: 12:00 AM EST
Organic and natural products company Hain Celestial posted a healthy first quarter 2018 net sales increase of four percent to $708.3 million. Gross margin rose 250 basis points to 18.6 percent, and operating income soared 129 percent to $31.5 million. Diluted earnings per share was $0.19, while adjusted diluted EPS was $0.23. CEO Irwin D. Simon called the results "solid with improved net sales growth and profitability” and met expectations across all business segments. [Image Credit: © Hain Celestial]
"Hain Celestial Reports First Quarter Fiscal Year 2018 Financial Results", News release, Hain Celestial, November 07, 2017, © Hain Celestial
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Starbucks To Offer Princi Foods In Its Reserve Roastery Locations

November 7, 2017: 12:00 AM EST
Starbucks Coffee Company has opened the first Princi bakery and café location in the U.S. at its Reserve Roastery in Seattle, which opened in December 2014. The Princi bakery offers freshly-baked Italian food based on artisan baker Rocco Princi’s recipes. Princi also operates six bakeries in Milan and in London’s Soho neighborhood. The company said Princi will become the exclusive food offering in new Reserve Roastery locations, including Shanghai, opening next month, Milan in late 2018, and later in New York, Tokyo, and Chicago. [Image Credit: © Starbucks  ]
"Starbucks Brings Renowned Italian Princi Bakery to the U.S. Inside Seattle Reserve Roastery", News release, Starbucks, November 07, 2017, © Starbucks Corporation
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Aldi Customers Using The Venmo Payment App Can Donate Meals To Needy

November 7, 2017: 12:00 AM EST
Discount grocery chain Aldi has partnered with the PayPal Venmo payment app to donate Thanksgiving meals to Feeding America. The meals are automatically donated every time a Venmo user adds a Turkey Hand Thanksgiving emoji on the payment screen. Feeding America annually provides meals to more than 46 million people through a network of 200 food banks and 60,000 food pantries and meal programs. Germany-based Aldi operates 1,700 stores in 35 U.S. states. [Image Credit: ©   Aldi]
Chantal Tode, Robert Williams, "Aldi Partners with Venmo for Emoji-Based Holiday Giving Campaign", Mobile Marketer, November 07, 2017, © Industry Dive
Domains
FOOD COMPANIES
Retailers & Private Label
Geographies
Worldwide
North America
United States of America

Coca-Cola EP Says Quarterly Revenue Drop Was Anticipated

November 7, 2017: 12:00 AM EST
The CEO of Coca-Cola European Partners (CCEP) said the company had expected the 1.5 percent drop in third quarter revenue year-over-year, noting that operating profit still rose 2.5 percent. Total revenue in the quarter was $3.5 billion (€3 billion) with operating profit reaching $547 million (€470 million). Damian Gammell said the company remains focused on driving profitable revenue growth, expanding its portfolio, and continuing to invest in the business by improving sales force capabilities, evolving routes-to-market, reducing low-value promotions, and leveraging digital caabilities. For the full 2017 financial year, the company sees diluted earnings per share in the range of $2.44 (€2.10) to $2.48 (€2.13).
"Coca-Cola European Partners Sees Revenue Drop 1.5% in Q3", European Supermarket Magazine, November 07, 2017, © European Supermarket Magazine
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
Worldwide
EMEA
Europe

Whole Foods’ Top Trends In Beverage Ingredients And Formats

November 6, 2017: 12:00 AM EST
Floral-flavored beverages are among the top food trends for 2018 spotlighted by the global buyers at Whole Foods Market. Whole flowers and petals like lavender, rose, hibiscus, and elderflower have made their way into lattés, cocktails, and sparkling waters. Powders like matcha, maca root and cacao offer an alternative to coffee. Functional mushrooms, including reishi, chaga, cordyceps, and lion’s mane star, are showing up in bottled drinks, coffees, smoothies, and teas. Plant-based ingredients and proteins (e.g., pili nuts, peas, bananas, macadamia nuts, pecans) are being used in nut milks and yogurts. Last but not least: flavored sparkling waters include plant-derived options from Sap! (made with maple and birch) and sparkling cold brew from Stumptown. “Mocktails” are being made with Topo Chico and Whole Foods fizzy waters.
"Whole Foods Market Reveals Top Food Trends for 2018", News release, Whole Foods Market, November 06, 2017, © Whole Foods Market
Domains
FOOD COMPANIES
Other
Retailers & Private Label
Geographies
Worldwide
North America
United States of America

Amazon Closes Two Whole Foods Stores In UK

November 6, 2017: 12:00 AM EST
Online retailer Amazon said it plans to close two Whole Foods stores in the UK. Included in the shutdown list are the stores in Cheltenham, Gloucestershire, and in Giffnock, East Renfrewshire, cutting the number of Whole Foods store in the country down to seven. About 150 people work at the two stores.
Ashley Armstrong, "Amazon closes two UK Whole Foods stores just two months after completing its £10.7bn takeover", Telegraph, November 06, 2017, © Telegraph Media Group Limited
Domains
FOOD COMPANIES
Retailers & Private Label
Geographies
Worldwide
EMEA
Europe
United Kingdom

Stagnant Indonesia Economy Could Drive Unilever To Tinker With Product Portfolio

November 2, 2017: 12:00 AM EST
A PT Unilever Indonesia executive said a stagnant business environment tends to increase the cost of living and push middle-class consumers toward smaller, cheaper products. More affluent consumers, however, continue to buy premium-priced goods. Consumer research in Indonesia shows that the composition of high-income, middle-income, and low-income consumers is now 10 percent-40 percent-50 percent, respectively. The middle-income segment could decline, however, if the stagnant environment persisted. Anticipating that, Unilever would “need to change our portfolio."  [Image Credit: © Unilever Indonesia  ]
Anton Hermansyah, "Middle consumer segment shifts to lower-value goods", The Jakarta Post, November 02, 2017, © PT. Niskala Media Tenggara
Domains
FOOD COMPANIES
Unilever
Geographies
Worldwide
Asia-Pacific
Indonesia

Danone Russia Tests Selling Dairy Products Online

November 1, 2017: 12:00 AM EST
Danone’s Russian division has launched a test website to sell dairy and baby food products online. The Tema, Prostokvashino, Activia, and Actimel (drinkable yogurt) brands will be offered on milkdirect.ru with a minimum purchase of $8.68, and free delivery within 30 km of the Moscow Automobile Ring Road (MKAD). Industry experts say at least a thousand orders a day are required for profitability. Danone plans similar projects in the U.S. and France.
"Russia: Danone launches online store", Esmerk, November 01, 2017, © Esmerk Oy
Domains
FOOD COMPANIES
Danone
Geographies
Worldwide
EMEA
Europe
Russia

Coke India Now Offers Localized Beverage Options

October 28, 2017: 12:00 AM EST
Coca-Cola India’s new president says his company is now catering to the country's beverage preferences with a “hyper-local” range of juices, including multiple pack options, and sparkling drinks. It is testing ethnic flavors in carbonated soft drinks, such as the “jeera” drink “RimZim” and the grape-flavored “Portello.” It is experimenting with flavored hydration drinks, and exploring low-sugar options within its carbonated beverage brands. The company said its new approach is based on the discovery that consumers appreciate customization – now provided by smaller players – and are looking for ethnicity. Coke’s mistake was trying to create a national brand, says T. Krishnakumar.
Ratna Bhushan, "Coca-Cola India to Flavour a Bigger Portfolio with Ethnicity", The Economic Times, October 28, 2017, © Bennett, Coleman & Co. Ltd.
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
Worldwide
Asia-Pacific
India

Data Analytics Platform Helps Tesco India Detect, Prevent Shopping Fraud

October 27, 2017: 12:00 AM EST
The Indian technology center for supermarket chain Tesco has created a platform and team that detects online and offline fraud involving its massive amounts of collected customer data. The 18-member staff is focused on combating fraud for online businesses (food and non-food), buyer-supplier collusion fraud, and employee fraud at checkout counters. The platform is programmed to detect anomalies in purchasing patterns that might indicate fraud, such as bulk purchases of products like alcohol and cigarettes. 
"Tesco unit builds anti-fraud platform for online businesses", Economic Times, October 27, 2017, © Bennett, Coleman & Co. Ltd.
Domains
FOOD COMPANIES
Retailers & Private Label
Geographies
Worldwide
EMEA
Europe
United Kingdom

Danone Expands Plant-Based Beverage Factory Acquired In WhiteWave Deal

October 26, 2017: 12:00 AM EST
Danone announced it will spend $60 million to expand production and warehouse capacity at its plant-based beverage factory in Rockingham County, Virginia. The company acquired the factory, located in Mount Crawford, in the $12.5 billion purchase of WhiteWave Foods, now known as DanoneWave. The 500-employee unit’s plant-based portfolio includes brands such as Silk, So Delicious Dairy Free, and Vega. The company said the plant expansion will add 49 new jobs.
"Danone to Invest $60m in Plant-Based Beverage Operation in US", FoodBev, October 26, 2017, © FoodBev Media Ltd
Domains
FOOD COMPANIES
Danone
Geographies
Worldwide
North America
United States of America

Big Food Agrees To Clarify Food Expiration Labels

October 26, 2017: 12:00 AM EST
Fifty of the biggest players in the food industry, led by Campbell, Walmart, Kellogg, and Nestlé, are changing their expiration labels exclusively to “Use By” over the next three years. That means that by 2020, consumers will not have to deal with confusing labels that say “Sell By,” “Display Until,” or “Best Before.” The companies, all members of the Consumer Goods Forum Board, unanimously approved the change after concluding that confusing labeling that leads to premature disposal is one of the leading causes of food waste around the world. About 40 percent of food that is bought in the U.S. is thrown out often unnecessarily. About 1.3 billion tons of food are wasted annually around the world, contributing to eight percent of greenhouse gases. [Image Credit: © General Mills ]
Leanna Garfield, "Walmart and Nestlé are spearheading a Massive Change in Food Expiration Dates", Business Insider, October 26, 2017, © Business Insider Inc.
Domains
FOOD COMPANIES
Nestle
Geographies
Worldwide

Coke CEO Quincey Says Continued Downturn In Revenues Is Due To Refranchising

October 25, 2017: 12:00 AM EST
Coca-Cola revenues slid 15 percent in the third quarter, while organic revenues were up four percent. CEO James Quincey said revenue has been down recently because of the bottler refranchising program. The company is selling off its bottler operations, so it no longer has income from that source. This decline in revenues will continue for several quarters into the future because of this. “To put it simply,” Quincey said during an internal interview, “we’re transforming into an organization that is smaller in revenue, but larger in terms of profit margin and more acutely focused on innovation, brand-building and creating a stronger, even more consumer-centric portfolio.”
"Q&A: Coca-Cola CEO James Quincey on Q3 2017 Results", News release, The Coca-Cola Company, October 25, 2017, © The Coca-Cola Company
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
Worldwide
North America
United States of America

Coca-Cola Revenue Sags In 3rd Quarter, But Still Beats Wall Street Forecasts

October 25, 2017: 12:00 AM EST
Coca-Cola beat Wall Street estimates for third quarter revenue and profit, turning in an EPS of $0.50 (expected $0.49) on revenue of $9.08 billion ($8.72 billion expected). CNBC noted that the surprising numbers showed the company’s ability to buck negative trends, especially the consumer shift away from sugary soft drinks toward more healthful beverages. The company accomplished this by focusing on price hikes, selling more expensive products, and pushing newer products, like Coca-Cola Zero Sugar. Net revenue was $9.08 billion, 15 percent less than a year ago, and reflected its ongoing refranchising efforts. Net income grew to $1.45 billion from $1.05 billion a year ago.
Lauren Hirsch , "Coca-Cola tops estimates, backs full-year outlook", CNBC.com, October 25, 2017, © CNBC LLC
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
Worldwide
North America
United States of America

Clean Snacking Trend Will Boost U.S. Candy Market

October 24, 2017: 12:00 AM EST
Researcher Packaged Facts forecasts a comeback for the sluggish U.S. candy market, thanks to the commitment by the industry’s biggest players to “clean snacking.” Both Hershey and Mars have announced commitments to “responsible ingredient sourcing” and “natural flavors.” Sales of candy products in the U.S. will surpass $41 billion by 2020, about 60 percent of which will come from chocolate candy sales. Packaged Facts defines “clean snacking” as a “balanced approach to nutrition” that includes snacks and sweets in moderation. [Image Credit: © Hershey's ]
Douglas Yu, "Nestlé, Hershey, Mars’ Shift to Clean Snacking Fuels US Candy Market Rebound: Packaged Facts", ConfectioneryNews.com, October 24, 2017, © William Reed Business Media Ltd
Domains
FOOD COMPANIES
Nestle
Other
Geographies
Worldwide
North America
United States of America

Sandy Douglas To Leave Coca-Cola NA After Three Decades

October 22, 2017: 12:00 AM EST
James L. Dinkins will take over the helm at Coca-Cola North America on January 1, 2018, replacing Sandy Douglas, who announced his retirement as of March 1, 2018, after 30 years at the company. Dinkins now serves as head of the Minute Maid Business Unit and chief retail sales officer. In an internal interview, Douglas said he was especially proud of the company’s nearly-completed refranchising campaign, calling it “an enormous project.” Dinkins said his mission will be to continue “following the consumer” by accelerating innovation, expanding the product portfolio, fostering an entrepreneurial culture, and building capabilities, especially in the digital area, to better serve consumers.
"New Leadership for Coca-Cola North America: A Conversation with Sandy Douglas and Jim Dinkins", News release, The Coca-Cola Company, October 22, 2017, © The Coca-Cola Company
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
Worldwide
North America
United States of America

Kraft Heinz Acquires Suntory’s Cerebos Food And Instant Coffee Business

October 19, 2017: 12:00 AM EST
Suntory Beverage & Food Ltd. (SBF) announced it has agreed to sell its Cerebos food and instant coffee business in Australia, New Zealand, and Asian Home Gourmet Singapore, to Kraft Heinz for $223 million. The sale, expected to close in early 2018, does not include Suntory’s fresh coffee business. Cerebos’ food and instant coffee business includes food brands such as Fountain, Gravox, Saxa, Foster Clark’s, Gregg’s, Bisto, Raro, and Asian Home Gourmet.  Product categories include sauces, gravies, herbs and spices, salt, condiments, Asian sauces, desserts, and cooking ingredients.
"Suntory Sells Cerebos Food & Instant Coffee Australia/NZ Business to Kraft Heinz", News release, Cerebos, October 19, 2017, via Medianet, © Cerebos
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
Asia-Pacific
Australia
New Zealand

Danone Posts Solid Sales Growth In 3rd Quarter

October 17, 2017: 12:00 AM EST
Consolidated sales rose 16.6 percent in Danone’s third fiscal quarter to $7.64 billion, with especially strong performance in Specialized Nutrition and Early Life Nutrition China. New Danone like-for-like sales growth was 4.7 percent in the quarter, which reflects a 0.4 percent increase in volume and a 4.3 percent rise in value. As to guidance, the company still expects to deliver double-digit recurring earnings per share growth of more than 12 percent. It is also looking for overall like-for-like sales growth between four and five percent by 2020, including healthy like-for-like sales growth above five percent for EDP NORAM, Specialized Nutrition, and Waters, and a like-for-like sales growth of between three and four percent for EDP International.
"Danone Q3 Sales Climb, Backs FY17 View; Sets 2020 Objectives - Quick Facts", Nasdaq, October 17, 2017, © The NASDAQ, Inc.
Domains
FOOD COMPANIES
Danone
Geographies
Worldwide
EMEA
Europe
France

Coca-Cola Debuts New Line Of Vitaminwater Drinks

October 17, 2017: 12:00 AM EST
Coca-Cola’s new range of Vitaminwater performance drinks for athletes contain electrolytes from natural sources, including coconut water and sea salt, and are sweetened with cane sugar. Vitaminwater Active drinks also contain the antioxidants vitamins C and E, as well as vitamins B5, B6, and B12. The new line will be available in a limited number of convenience and grocery stores – including 7-Eleven, Target, and HEB – through the end of the year. A national rollout will begin in 2018.
"Vitaminwater Active: Coca-Cola launches range of sports drinks", FoodBev , October 17, 2017, © FoodBev Media Ltd
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
Worldwide
North America
United States of America

Coke Exec: The Online Shopper Today Expects A Lot More

October 15, 2017: 12:00 AM EST
A Coca-Cola executive says online customers have grown impatient, demanding, and bored, as their expectations become “higher and higher” when it comes to service. Coke’s global customer director Simon Miles told a recent grocery industry meeting that companies need to up their game to meet shopper expectations, which can be summed up in one word: “free” (or close to it). That presents a lot of challenges in terms of logistics, supply chain, and products. Online grocery selling will evolve into two streams: auto-replenishment of boring but essential basics, and service-orientated ways to lure shoppers into buying products they may not have previously considered.
Victoria Craw, "Coca-Cola Global Customer Director Says Online Shopping Has Failed to Inspire Consumers", News.com.au, October 15, 2017, © News Limited
Domains
FOOD COMPANIES
Coca-Cola Company
Geographies
Worldwide
North America
United States of America

Nestlé Deletes Image Of Cross From Greek Yogurt Packages

October 15, 2017: 12:00 AM EST
The Breitbart news website reports that both Nestlé and German supermarket chain Lidl have removed a tiny cross from a Greek church image that appeared on Greek yogurt packaging so as “not to hurt sensibility of other religions.” The cross appeared in a representation of the Greek Orthodox church on the island of Santorini. German supermarket chain Lidl also edited out the cross on images of the same church used on packages of its Eridanous brand Greek-style yogurt. In both images, the cross was removed from the blue dome of the old church.
Thomas D. Williams, "Nestlé Removes Christian Cross from Greek Yogurt Packaging", Breitbart, October 15, 2017, © Breitbart
Domains
FOOD COMPANIES
Nestle
Geographies
Worldwide
EMEA
Europe
Germany
Switzerland
Greece

FMCG Start-Ups In India Rely On Innovation, Pluck

October 13, 2017: 12:00 AM EST
The biggest hurdles for India’s start-up FMCG companies as they battle industry giants for market share are capital, retail shelf space, distribution, and marketing. They sometimes make strides through pure luck, but innovation and persistence are the most reliable vehicles to success. In its early days RAW Pressery, for example, an online marketer of cold-pressed juices, adapted Mumbai’s dabbawala hot-lunch delivery system based on bicycles and rail transport to deliver its juice products. Dabbawalas were able to deliver 50,000 purchases in three hours. Four years later, the company’s fleet of 25 refrigerated vehicles delivers its own juices as well as products for other brands. The end result is that RAW Pressery and other aggressive start-ups are able to peel off market share from bigwigs like Unilever, Nestlé, and others.
Supraja Srinivasan, "Battleground FMCG: How Consumer Product Startups are Battling Roadblocks to Stand Out Amid Giants", The Economic Times, October 13, 2017, © Bennett, Coleman & Co. Ltd.
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
Asia-Pacific
India

Nestle To Build Infant Formula Factory In Russia

October 12, 2017: 12:00 AM EST
Nestlé announced it is spending $31 million to build an infant formula plant at its 14-year-old Vologda facility in Russia. The new factory, operational by 2019, will help strengthen the company’s position in Russia’s infant formula market, while supporting exports to neighboring countries. Nestlé’s overall strategy is to invest in high-growth food and beverage categories such as coffee, pet care, infant nutrition, and bottled water. It operates eight factories in Russia.
"Nestlé Invests CHF 30 Million in Infant Formula Plant in Russia", News release, Nestlé, October 12, 2017, © Nestlé
Domains
FOOD COMPANIES
Nestle
Geographies
Worldwide
EMEA
Europe
Switzerland
Russia

Negative Short-term Factors Depress ThaBev’s Nine-Month Financials

October 11, 2017: 12:00 AM EST
A number of trends and events have combined to depress both alcoholic and nonalcoholic product sales of Thailand-based food and beverage company ThaiBev. Nine-month sales slid six percent to $4.3 billion, thanks to sluggish economic growth; a year-long mourning period that depressed beer sales after the death of King Bhumibol last October; a new alcohol excise tax; and a sugar tax on sweetened drinks. Company execs are optimistic about the coming year because of strong fundamentals and growth from neighboring countries. The company hopes to further growth by expansion into the food business.
"ThaiBev Looks to Food and Abroad for Growth after Sales Dip", Reuters, October 11, 2017, © Thomson Reuters
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
Asia-Pacific
Cambodia
Laos
Singapore
Thailand
Viet Nam

Cargill Launches Native Starches As “Clean Label” Food Ingredients

October 10, 2017: 12:00 AM EST
Food and agriculture multinational Cargill has launched a line of functional native starches to be used as “clean label” food and beverage ingredients. The new starches, offered under the SimPure brand, are designed to provide greater processing tolerance, and longer shelf life and storage stability. The ingredients will allow food manufacturers to meet consumer demand for “label-friendly products with great taste and texture," the company said. SimPure 99560, the first product in the SimPure portfolio, can replace modified starches in frozen-ready meals, without compromising taste, texture, or appearance.   [Image Credit: © Cargill ]
"Cargill Introduces SimPure Functional Native Starches to Address Consumer Demand for Label-Friendly Products", News release, Cargill, October 10, 2017, © Cargill
Domains
FOOD COMPANIES
Other
Geographies
Worldwide
North America
United States of America

Amazon Angers India’s Big Retailers With Unapproved Gift Coupon Scheme

October 9, 2017: 12:00 AM EST
Big retail chains in India are crying foul over what they feel was a sneaky tactic by Amazon to steal their customers using gift coupons distributed via ITC, Nestlé, and Coca-Cola products. The tactic – dubbed “below the belt” and “ambush marketing” – infuriated Big Bazaar, Hyper-City, Star Bazaar, Walmart-owned Best Price Modern Wholesale, and others. The brands involved in the Amazon campaign include ITC’s Yippee Noodles, Nestlé’s KitKat chocolate, and Coca-Cola’s Sprite and Fanta soft drinks. The stores have since removed products carrying the coupons. A D-Mart executive criticized the brands for not talking to his company first. Amazon downplayed the ruckus, calling the campaign a normal promotional activity.
Ratna Bhushan et al., "Big Retailers like ITC, Nestle & Coca-Cola Cry Foul over Amazon’s ‘Ambush’", The Economic Times, October 09, 2017, © Bennett, Coleman & Co. Ltd.
Domains
FOOD COMPANIES
Coca-Cola Company
Nestle
Other
Geographies
Worldwide
Asia-Pacific
India

Aldi Plans To Build ₤75-Million Warehouse In UK

October 9, 2017: 12:00 AM EST
German discount retailer Aldi plans to invest ₤75 million to build a distribution center in Bedford, England, to support the company's growing network in the UK. Aldi said it remains committed to expansion plans in the UK retail market despite reporting its third year of declining profit. By 2022, the retailer expects to have 1,000 stores in the country from its current 726 locations.
Polina Ivanova, "German retailer Aldi to build 75 million pound UK distribution centre", Reuters, October 09, 2017, © Reuters
Domains
FOOD COMPANIES
Retailers & Private Label
Geographies
Worldwide
EMEA
Europe
United Kingdom

Lidl Sees Share Of Shopper Traffic Drop In US

October 8, 2017: 12:00 AM EST
Months after opening its stores in the US in June 2017, German discount retailer Lidl saw its share of store visits declined, according to an analysis by location-based data firm inMarket. Local rivals, including Kroger Co. and Wal-Mart, have recovered much of market share they lost when Lidl after Lidl opened its first nine US stores in June 15. Lidl grabbed 11 percent of customer visits to traditional grocers in nine markets in Virginia, North Carolina, and South Carolina, inMarket data revealed. Lidl's share of traffic fell below 8 percent in August, inMarket revealed.
Heather Haddon, "Lidl Stores Gain Little Traction So Far in U.S.", The Wall Street journal, October 08, 2017, © Dow Jones & Company, Inc.
Domains
FOOD COMPANIES
Retailers & Private Label
Geographies
Worldwide
North America
United States of America
<<12345678910>> Total results:2781 References Per Page:
>> <<
Developed by Yuri Ingultsov Software Lab.