Friday, June 7, 2013

After Morningstar buy, Saputo is in the market for more

PepsiCo chief sees vast opportunity in China | More men grocery shop, but they still want speedy trip | Miller Genuine Draft, magazine to host 3 summer hip-hop events
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June 7, 2013
GMA SmartBrief
News for the food, beverage and consumer packaged goods industry
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Company Watch
PepsiCo chief sees vast opportunity in China
PepsiCo CEO Indra Nooyi describes China as a "phenomenal market" and says economic slowdown there has not stopped the company from expanding. Nooyi expects China to soon be the leading market for beverages and says it might take the No. 1 spot for snacks within 10 years. Bloomberg Businessweek (6/6)
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After Morningstar buy, Saputo is in the market for more
Saputo CEO Lino Saputo said the company is ready to make more purchases following its acquisition of Morningstar from Dean Foods. "As we look to the future, we remain confident in our ability to develop new platforms and new markets, mainly through acquisitions. We are always on the lookout for new ways of working more efficiently and we continuously adjust our approach to take advantage of opportunities." FoodBusinessNews.net (free registration) (6/6)
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On July 17 in Washington, DC, the food, beverage and consumer product industry will convene with policy experts and opinion leaders to address the food, health and consumer product policy questions confronting consumers and the world. Join the great debate.

Register today for the inaugural Grocery Manufacturers Association Growth and Public Policy Summit.
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TrendsSponsored By
More men grocery shop, but they still want speedy trip
A survey by Yahoo and market researcher DB5 found that 51% of men are the primary grocery shopper at their house, and other studies indicate that men are less likely than women to explore the aisles or consider family needs over their own. "They are less influenced by brands, less motivated by discounts and promotions and consequently less likely to make impulse purchases as they are more mission focused," said Marcus Evans, managing director of Integer Canada, which found that 60% of men want to shop as quickly as possible. Progressive Grocer (6/6)
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Lessons from the UN
What the United Nations can teach your treasury about multinational management.

Advertising & MarketingSponsored By
Miller Genuine Draft, magazine to host 3 summer hip-hop events
Miller Genuine Draft and Complex magazine are sponsoring an MGD Get Fresh Tour in Chicago, San Francisco and Los Angeles. Each concert will feature Sir Michael Rocks, Mistah Fab and Hit Boy. Complex will add a video-series component to the mix, using interviews on social media channels, and Miller will produce promotional packaging throughout the summer. MediaPost Communications/Marketing Daily (6/6)
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Become a member of OPEN Forum and get connected
Join a community of business owners and learn to:
• Leverage meaningful advice from other business owners to help you overcome obstacles in your business.
• Grow your network by connecting and engaging with experts online.
• Pose your business challenge to community members and get input that can inspire your next move.
It's free, click here to join.

Retail SpotlightSponsored By
Delhaize releases 2012 Sustainability Progress Report
Delhaize Group says in its 2012 Sustainability Progress Report that it sells only sustainably sourced seafood and that all locations have begun a waste-reduction pilot program. The report also says private-label products are being reformulated to improve nutrition and that 23% of executives have been given sustainability goals to meet. Progressive Grocer (6/6)
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Contract Management Software — Buyers Advice
Contract Management Software can be challenging due to some key characteristics of the contract management process. In this guide, read about the entire evaluation and purchase cycle, including key considerations and pitfalls. Download the free guide now and learn how to manage the process to your best benefit.

Health & WellnessSponsored By
Nestle debuts Boost Nutrition Bars for older adults
Nestle subsidiary Nestle Health Science has developed Boost Nutrition Bars, in chocolate and peanut butter chocolate varieties, which provide nutrients needed by older adults. Food Business Review (6/4)
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The Social Media ROI Cookbook: Six Ingredients Top Brands Use
In this free report, industry expert Altimeter explores the most effective "ingredients" for measuring the revenue impact of social media, providing insights and case studies from an array of top companies. Offerpop is happy to make this penetrating study available to SmartBrief readers. Download it for free!

GMA News
One week left to receive early bird registration rate
This fall, GMA and the Food Marketing Institute (FMI) have come together to launch Collaborating for Growth Oct. 7-9 in Fort Worth, Texas.

This new conference, focused on identifying innovative, collaborative growth tactics, will bring strategic and actionable insights on how today’s retailers and manufacturers can work together to drive tomorrow’s business.

Session topics will speak broadly to total organizational operations and encourage collaborative thinking between trading partners across departments and functional areas such as:

  • Sales
  • Marketing
  • Merchandising
  • Supply/Value Chain
  • Customer Development
  • Operations
  • Industry Relations
  • Retail Sales

Early Bird Discount! Register by Friday, June 14 and get $100 off of your registration fee. For more information, visit the registration website.

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Government & Food Safety
Farm bill nears final vote in Senate
The Senate is expected to vote Monday on a farm bill that would reform dairy programs and cut funding for food stamps by $400 million a year, out of a budget of $80 billion. The dairy reform would establish insurance in place of direct price support and payments, and specialty crops would receive more funding for research and other initiatives. The Washington Post/The Associated Press (6/6), Farm Futures (6/6), Supermarket News (free registration) (6/6)
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Labeling for machine-tenderized beef is proposed by USDA
The USDA has proposed requiring labeling for beef that undergoes mechanical tenderization, a move to stop foodborne illness. "This proposed rule would enhance food safety by providing clear labeling of mechanically tenderized beef products and outlining new cooking instructions so that consumers and restaurants can safely prepare these products," said Dr. Elisabeth Hagen, undersecretary for food safety. FoodSafetyNews.com (6/7), USA Today (6/6), The Hill/RegWatch blog (6/6)
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Who's Hiring?
Position TitleCompany NameLocation
Category Manager - Kmart Grocery SearsIllinois, United States
Director, Industry AffairsGrocery Manufacturers Association (GMA)Washington, DC
Senior R&D Food Scientist - Must have pizza dough backgroundC. H. Guenther & Son, Inc.San Antonio, TX
FACILITY MANAGERHMSHostPhoenix, AZ
District Retail ManagerChobaniMassachusettes, United States
Click here to view more job listings.
 
SmartQuote
A truly great book should be read in youth, again in maturity and once more in old age, as a fine building should be seen by morning light, at noon and by moonlight."
-- Robertson Davies,
Canadian writer, journalist and professor
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