Thursday, August 21, 2014

Bimbo Bakeries launches sandwich contest

Demand for natural, organic bring record sales for Hain Celestial | McCain Foods sells frozen pizza operation to Dr. Oetker | Peanut butter drives Smucker growth
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August 21, 2014
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Company WatchSponsored By
Demand for natural, organic bring record sales for Hain Celestial
Hain Celestial Group posted record sales and earnings levels for the fiscal year ended June 30, as growing consumer demand for natural and organic products in the U.S. and the U.K. pushed sales up by 24% to more than $2.1 billion. "Our business continues to benefit from strong growth trends in the organic and natural, better-for-you segment of consumer packaged goods as more consumers and retailers seek out our products," Hain Celestial President and CEO Irwin Simon said. FoodBusinessNews.net (free registration) (8/20)
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McCain Foods sells frozen pizza operation to Dr. Oetker
McCain Foods announced Wednesday that Dr. Oetker GmbH will purchase its North American frozen pizza operations, including facilities in New Brunswick in Canada and New Jersey. The deal includes a two-year license for the McCain brand in Canada and the U.S. brand Ellio's. Canadian Grocer/The Canadian Press (8/20)
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Peanut butter drives Smucker growth
Although sales were down for Pillsbury's flour and base cake products, the company watched overall operating income rise 19% during its most recent quarter, driven by demand for J.M. Smucker products including peanut butter, Uncrustables, gluten-free products, seasonal items and frosting. Snacking market sales are rising, and Smucker intends to capitalize on its acquisition of Sahale Snacks to drive sales in that category, said Paul Smucker Wagstaff, president of Smucker's U.S. Retail Consumer Foods. FoodBusinessNews.net (free registration) (8/20)
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Other News
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Report: Functional protein sources will grow across 5 categories
High-protein foods that have added health benefits are poised to grow across five sectors, including drinkable and power yogurt, almonds and nut butters, hearty snack bars, meatless alternatives and exotic meats, according to a new report from Packaged Facts. FoodBusinessNews.net (free registration) (8/20)
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What percentage of consumers say they "avoid or are consuming less soda" vs. the percentage that actually buy? Find out the answer to these and other questions that reveal the difference between what consumers say vs. what they do in this fascinating online infographic. It's all part of the Sweetener360 research results you'll find on CornNaturally.com.
 
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Advertising & Marketing
Bimbo Bakeries launches sandwich contest
In a quest to find the tastiest sandwich in America, Bimbo Bakeries will award a $25,000 prize to the best recipe submitted during its "America's Better Sandwich" contest campaign. Consumers will be tasked with creating a recipe with fewer than five ingredients based on Bimbo's Arnold, Brownberry or Oroweat bread brands, and experts will choose winners in four categories, each of whom will receive $5,000 and go on to vie for the grand prize. MediaPost Communications/MAD blog (8/20)
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Usher stars in Honey Nut Cheerios ad campaign
To emphasize the fact that bees dance to communicate, General Mills has partnered with Saatchi & Saatchi to debut a new ad campaign featuring pop star Usher dancing with the Honey Nut Cheerios mascot, Buzz the Bee. Advertising Age (free access for SmartBrief readers) (8/20)
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Retail Spotlight
Price is the name of the game for Sprouts, Whole Foods
Shoppers inside a Whole Foods Market
(Bloomberg via Getty Images)
The sales of organic foods increased by 12% to $29.5 billion in 2013, the sector's largest gain since 2008, according to the Nutrition Business Journal, and Sprouts Farmers Market is capitalizing on the trend, using low-priced organic items to sharpen its competitive edge against Whole Foods Market. Sprouts' prices are, on average, 13% lower than Whole Foods' prices, and Sprouts shoppers spend about $28 per trip, compared to $31 at other grocery stores, according to FMI. Bloomberg (8/20)
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