Hormel donates microwave meals to Southeastern U.S.

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April 29, 2011 News for the food, beverage and consumer packaged goods industry   Company Watch  Pepsi seeks to "thread the needle" on price increases PepsiCo will increase prices this summer, but not enough to cover rising commodity costs, as the company reported a 2% increase in snack and beverage sales for the first quarter while net profit fell to $1.14 billion, from $1.43 billion a year earlier. "We're trying to thread the needle and see how much pricing we can take," said PepsiCo chief Indra Nooyi. The Wall Street Journal (tiered subscription model) (4/28) Hormel donates microwave meals to Southeastern U.S. Hormel is contributing to the relief efforts in the Southeastern U.S., which was devastated by tornadoes this week. The food maker is donating 165,000 Hormel Compleats microwave meals. American City Business Journals/Minneapolis/St. Paul (4/28) Maple Leaf to raise prices Maple Leaf CEO and President Michael McCain said the Canadian company will raise prices to offset increased costs of raw materials, especially corn and wheat. "I am very respectful of the impact on consumers," he said. "We try to be as sensitive to that as we possibly can be. We balance the initiatives with passing on pricing with also reducing cost to try and mitigate that as much as we possibly can." The Globe and Mail (Toronto) (4/28) Financial Control. Find the right Card to help you get more for your business • Purchasing Power • Savings on business expenses • Cash flow flexibility • More rewards American Express OPEN®. Apply Now.   Trends    High bean prices bring wake-up calls for coffee shops The price of raw coffee beans closed just pennies short of an all-time high hit in 1977, eating into profits for coffee shops such as City Bean Coffee in Los Angeles, which is paying nearly twice as much per pound as it did 10 months ago. Shops and restaurants are passing along some of the higher costs to consumers, many of whom have begun drinking less of the brew, while other restaurants say they're cutting back on staff hours and working harder to keep from raising prices. CBS News (4/26) Seven Communication Mistakes Managers Make Management communications can derail in many ways, from simple bad timing to multi-layered misjudgments. This Harvard Management Update describes seven common mistakes managers make in their efforts to convey important information to employees and, more importantly, how to avoid them. Order here.   Advertising & Marketing  Frito-Lay breaks record for most Facebook fans in a day The Frito-Lay division of PepsiCo has been named Guinness World Record holder for "Most Fans on Facebook in 24 Hours" and is celebrating by giving coupons to the first 24,000 to "like" the page today. On April 11, the company signed on 1.6 million fans. Drug Store News (4/28) Survey: Despite marketing, moms don't feel the love While marketers are promoting Mother's Day, 40% of mothers said husbands and children come first on that day, according to a survey by Martin Agency. Of respondents, 30% said they are honored for five to 10 minutes, while 12% said they receive no recognition at all. Gift spending is expected to reach $140.73 this year, up from $126.90 in 2010, but 57% of moms said they want time off from housework and a homemade gift or card. MediaPost Communications/Marketing Daily (4/28)   Retail Spotlight  Kroger adds a digital-coupon service Kroger signed on with SavingStar to offer digital coupons that shoppers can download with a smartphone and redeem when using a loyalty card at checkout. Instead of an immediate discount, the savings are given as an Amazon gift card, a donation to American Forests or a PayPal deposit. More payout options will be added. American City Business Journals/Los Angeles (4/28)   Sponsored Content    Small Business Week in Review Jason Del Rey How To Write A Sales Pitch That Sells Heather Allard How To Protect Your Company's Passwords Christina Warren How To Hunt For Great Ideas Matthew E. May 5 Things You Should Never Say While Negotiating Mike Hofman   Health & Wellness  Study: Children's viewing of food ads fell from 2004 to 2010 The number of food and drink advertisements viewed by children ages 2 to 11 fell 50% between 2004 and 2010, according to research from Georgetown Economic Service, conducted for the Grocery Manufacturers Association and the Association of National Advertisers. GMA credited the Children's Food and Beverage Advertising Initiative, launched in 2006, which set voluntary standards for the 17 food and drink companies that signed on. Supermarket News (4/28)   GMA News  Raising the bar for food safety: Industry meets the challenge at the GMA Science Forum On May 18, industry will meet at the GMA Science Forum to discuss the leading industry practices and cutting edge science that can help shape the interpretation and implementation of the new food safety legislation. Don't miss your opportunity to be a part of the discussion, register today. If you haven't looked at the 2011 program yet, check out the dozens of concurrent sessions being offered on hot topics impacting public health, product safety and the industry at large. REGISTER TODAY at www.gmascienceforum.com Learn more about GMA -> Home  |  Join GMA  |  Public Policy  |  Industry Affairs  |  Publications  |  Events Manager Procurement - Frozen Vegetables & Mushrooms Campbell Soup Company US - NJ - Camden Manager Sales ConAgra Foods Naperville, IL Manager National Accounts ConAgra Foods Pleasanton, CA   SmartQuote  A man does not plant a tree for himself; he plants it for posterity." --Alexander Smith, Scottish poet, quoted for Arbor Day, April 29, 2011     This SmartBrief was created for cpgbrokers@gmail.com   Subscriber Tools       Update account information | Change e-mail address | Unsubscribe | Print friendly format | Web version | Search past news | Archive | Privacy policy Advertise Associate Publisher, Food Service:  Chris Warne (212) 450-7970 Download Media Kit Job Board:  Celia Rothschild (202) 470-1159   Read more at SmartBrief.com A powerful website for SmartBrief readers including: Industry Home Readers' Choice Search Archive Who's Hiring? 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