BREAKING NEWS
Unilever rejects $143bn Kraft-Heinz mega-merger bid
Dutch-Anglo food giant Unilever has rejected a $143bn (€134bn) merger proposal from US company Kraft Heinz as being too low.
Archives for February 17, 2017
Snacking Innovation Summit trend-watching: Mini-meals, tapas-style eating, and hero SKUs
The trend towards continuous grazing throughout the day will create new ‘multi-temperature’ snacking opportunities for manufacturers as a ‘tapas-style’ approach to eating gains momentum, predicted panelists at the FoodNavigator-USA/BakeryandSnacks...
Soup-To-Nuts Podcast: Paid influencers make big impact with small budget in hot sauce category
From restaurants’ fixation with ghost peppers to the presence of sriracha on dining tables across the country and chili pepper in everything from snack chips to hot chocolate, it is probably safe to say that America is obsessed with all things spicy.
Bone broth sales more than tripled in 2016, albeit off a very small base
The bone broth category (shelf-stable and refrigerated) is pretty small in the scheme of things, but it’s growing rapidly, with US retail sales more than tripling to $19.7m in the 52 weeks to Jan 22,* fueled by a small but highly engaged set of health...
C-Fresh sales down 8% in Q2 driven by lower sales of carrots, Bolthouse Farms refrig beverages, Garden Fresh Gourmet
Campbell Soup CEO: Fresh is the future, but ‘the truth is, we expected more, faster…’
Packaged fresh food is bang on trend as consumers seek more convenient fresh and healthy options, says Campbell Soup CEO Denise Morrison. But it’s taking longer than expected for the company’s brands in this segment to deliver a positive impact on the...
Full-year results
Nestlé coy on future of ‘disappointing’ US confectionery unit
Butterfinger maker Nestlé refuses to speculate if it will offload its challenged US confectionery business, but says it is “no stranger” to portfolio trimming.
Puerto Rico company hit by 453t chicken sausage recall
Century Packing Corporation has recalled 453 tonnes (999,419 pounds) of thermally processed, commercially sterile, chicken sausage products due to misbranding.
The Dairy Aisle: La Colombe’s clever strategy to stand out in the crowded cold coffee category
Around 80% of La Colombe’s Draft Latte product is milk, so why not place it in the dairy section? That’s what ran through the mind of EVP of sales Kyle O’Brien, and retailers are going with it.