Monday, July 14, 2014

Top trends cold food producers are keeping in mind

Mondelez to separate European cheese, grocery products | Lindt strikes deal to acquire Russell Stover | International sales a boon to General Mills
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July 14, 2014
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Mondelez to separate European cheese, grocery products
Mondelez International is separating its European cheese and grocery products into a separate unit, a move that industry experts say could lead to a sale. The company previously separated its coffee business into a new entity to focus on its snack brands. Chicago Tribune (tiered subscription model) (7/11), Bloomberg (7/12), Reuters (7/11)
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Lindt strikes deal to acquire Russell Stover
Chocoladefabriken Lindt & Spruengli is purchasing Russell Stover, which will make Lindt the third-largest chocolate manufacturer in North America, with sales that could exceed $1.5 billion in that market next year. The acquisition will give Lindt more outlets in the central U.S. and will strengthen its holiday offerings. Reuters (7/14), The Wall Street Journal (tiered subscription model) (7/14)
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International sales a boon to General Mills
General Mills generates 35% of its sales from international markets, with $2 billion in sales coming from its Latin America and the Asia-Pacific markets. The company is focusing on five categories to grow international sales: yogurt, ready-to-eat cereal, super premium ice cream, snacks and convenience meals. FoodBusinessNews.net (free registration) (7/11)
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Trends
Will the aronia berry be the next superfood?
The aronia berry, also known as the chokeberry, boasts higher levels of antioxidants than other superfoods such as blueberries or acai berries and can be found in more than 440 products introduced worldwide in the past five years. Some major brands have added aronia berry to their products, including Old Orchard juices and Beechnut baby foods, and retailers such as Hy-Vee and Whole Foods Market have added products containing aronia berry. USA Today/The Associated Press (7/12)
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Top trends cold food producers are keeping in mind
Cold food producers use new products to stay relevant, taking into account the trends affecting the category. Those trends include restaurants' renewed focus on convenient and affordable menu items; the importance of value, especially to millennials, who do not shop in specialty supermarkets as often as other age groups; and the growth of organic products, which saw sales increase 11.5% last year. Refrigerated & Frozen Foods online (7/11)
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SmartBrief Originals
Executive Leadership: Food and beverage executives share thoughts on trending issues in exclusives with SmartBrief.
Women are gaining ground in the world of food retail
Today's business world is more collaborative and focused on partnerships and networking, key skills women bring to the table, said Food Marketing Institute President and CEO Leslie G. Sarasin. Women leaders are especially critical in the food business, where women have long been the primary customer, and retail food businesses are increasing their efforts to prepare women for leadership roles, she said. SmartBrief/SmartBlog on Food & Beverage (7/14)
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Advertising & Marketing
Bud Light invests heavily in Rita marketing
Anheuser-Busch InBev launched its Bud Light Lime-A-Rita margarita inspired beverage two years ago, with a $2.7 million marketing campaign. Last year, the company said it spent $11.8 million on marketing with plans this year to earmark "significantly" more, much of it on a new "Fiesta Forever" campaign. Several new varieties also will be launched. Advertising Age (free access for SmartBrief readers) (7/11)
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Twitter beefs up its brand offerings
New ad analytics from Twitter allow advertisers to track total impressions, total engagements and engagement rates. Separately, Twitter is now telling brands they can reach 30% of Twitter users with a free tweeting strategy, and there are reports that Twitter is experimenting with a "buy now" button for micropayments. TechCrunch (7/11), Adweek (7/11), GigaOm (7/12)
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GMA News
Digital coupons -- the future is now
Join NGA, GMA and the Joint Industry Coupon Committee in an important webinar discussion on the CPG industry's transition to digital coupons. Taking place on July 23 at 2 p.m. ET, leading executives from both Kroger and Procter & Gamble will address the JICC Voluntary Guidelines for Digital Coupons: Updated with Paperless Invoice Standards. Register today!
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There's a great power in words, if you don't hitch too many of them together."
-- Josh Billings,
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