Wednesday, February 16, 2011

Danone CFO talks "small" acquisitions

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February 16, 2011News for the food, beverage and consumer packaged goods industry

  Company Watch 
 
  • Kellogg CEO talks retail partnerships
    John Bryant, the new president and CEO of Kellogg, said retail partners will see "the same strong level of partnership that they expect from Kellogg," with continued focus on promotions, brand-building events and new products. He noted "the weak economy combined with commodity price inflation will continue to pressure our business," but said "this year we have a stronger innovation pipeline and commercial plans to drive top-line growth." Supermarket News (2/14) LinkedInFacebookTwitterEmail this Story
 
  • Danone CFO talks "small" acquisitions
    Pierre-Andre Terisse, chief financial officer of Danone, said the yogurt manufacturer might acquire smaller companies to expand in bottled water and medical nutrition. The company also plans to introduce fresh fruit to its lines through a joint venture with Chiquita Brands International. Bloomberg (2/15) LinkedInFacebookTwitterEmail this Story
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  Trends 
  • Supermarkets tap into fresh beer
    Supermarkets including a Whole Foods Market in University Heights, Ohio, are installing beer taps and allowing customers to fill growlers. "We know that people are entertaining more at home," said Jim Trout of Acme Fresh Market, which is considering the idea. Akron Beacon Journal (Ohio) (2/16) LinkedInFacebookTwitterEmail this Story
  • General Mills: 95% don't get enough whole grains
    Research from General Mills finds 61% of Americans believe they are getting enough whole grains, even though just 5% eat the recommended three daily servings. Though ready-to-eat cereals account for more than 25% of whole grains consumed, 46% of consumers believe bread is the top source. Progressive Grocer (2/15) LinkedInFacebookTwitterEmail this Story
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  Advertising & Marketing 
  • Global Mobile Awards show less can be more
    Kathryn Koegel, a GSMA Global Mobile Awards judge, said successful mobile media campaigns don't require extensive budgets or applications that are fun but don't move units. "Ask whether your next mobile campaign really communicates a clear brand message, engages the target audience, reaches more than 10 people and provides something of value people respond to," she writes. Advertising Age (tiered subscription model) (2/15) LinkedInFacebookTwitterEmail this Story
  Retail Spotlight 
 
  • A&P targets 32 stores for closure
    Great Atlantic & Pacific Tea, better known as A&P, closed 25 stores last year and is asking a bankruptcy court for permission to shutter 32 more. "These actions are absolutely necessary as we work to strengthen A&P's operating foundation and improve our performance," said CEO Sam Martin. Supermarket News (2/15), Reuters (2/15) LinkedInFacebookTwitterEmail this Story
  • Other News
Health care reform got you down? Learn more from UnitedHealthcare on how the federal changes to medical benefits will affect you and your employees. This comprehensive guide highlights incentives for enrollment and a timeline of important dates and deadlines. Don't let them pass you by—Learn more here!
  Featured Content 
 

  Health & Wellness 
  • Posted calorie count doesn't change behavior, a study finds
    Teens and parents of young children at quick-service restaurants in New York did not consume fewer calories after mandatory calorie posting went into effect, researchers said. Among teens, who consumed 730 calories per order before and 755 after, 57% said they noticed the label, but only 9% took the information into consideration. HealthDay News (2/15) LinkedInFacebookTwitterEmail this Story
  GMA News 
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  Government & Food Safety 
  • FDA seeks first director for foodborne-illness outbreaks
    The FDA said it is seeking to fill the new position of chief outbreak director, who will lead a 40-person team that deals with foodborne-illness outbreaks. The director also will be the one to decide whether a food recall is needed, a power granted to the agency by the Food Safety Modernization Act. FoodNavigator (2/11) LinkedInFacebookTwitterEmail this Story
Quality ManagerUnileverUS - MO - Jefferson City
Quality Systems ManagerFurmano FoodsNorthumberland, PA
Director of Food Service Sales, Mid WestRichelieu Foods, Inc.Chicago, IL
Chief Executive OfficerFeeding America West Michigan Food BankGrand Rapids, MI
Director of Shopper MarketingMeijerGrand Rapids, MI
Space Management SpecialistBoston Beer CompanyBoston, MA

  SmartQuote 
Profit is the result of risks wisely selected."
--Frederick Barnard Hawley,
American economist


 
 
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