Monday, June 30, 2014

Fancy food world's newest ventures stress health

Bumble Bee Foods could bring $1.5B at auction, sources say | ConAgra finalizes $200M expansion of frozen potato facility | Retailers, eateries get creative as beef prices soar
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June 30, 2014
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Bumble Bee Foods could bring $1.5B at auction, sources say
Bumble Bee Foods' private-equity owner, Lion Capital, is considering selling the producer of shelf-stable seafood in an auction that could bring in up to $1.5 billion, sources say. Bumble Bee, which has felt the effects of high fish costs, packages tuna, salmon, sardines and clams under brands including Sweet Sue, Snow's, Beach Cliff, Wild Selections and Clover Leaf. Reuters (6/27)
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Retailers, eateries get creative as beef prices soar
Restaurants and retailers are trying a mix of moves to cope with record-high beef prices, including offering smaller packages of beef and less expensive cuts. "We're seeing customers purchase more cube steaks instead of T-bones ... and burgers instead of steaks," Kroger spokesman Keith Dailey said. Cattle supplies have hit a 60-year low in the U.S. because of a long drought in the Great Plains. The Wall Street Journal (tiered subscription model) (6/29)
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Alternative energy sources gain traction with beverage makers
Natural and organic energy drinks are growing as consumers demand "clean" options that deliver long-lasting energy. Manufacturers including S&D Coffee, Zevia, Runa and Guayaki are turning to natural ingredients such as yerba mate and guayusa. Companies are also experimenting with alternative sources of protein to add energy. BevNet.com (6/28)
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Canadean: Personalized candy is a $12B market
Advances like Hershey's 3D-printed chocolate and Cadbury Australia's "Joy Generator," which allows consumers to buy a Dairy Milk bar that matches their personality, have grown the market of personalized candy to an estimated $12 billion in 2013, according to Canadean. "Over 7% of confectionery consumption globally is driven by consumers' search for products that are personalized to them," said Catherine O'Connor, senior analyst. ConfectioneryNews.com (France) (6/26)
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Fresh Take: SmartBrief's original coverage of the fresh foods category
Fancy food world's newest ventures stress health
New products on display at the Summer Fancy Food Show are targeting consumers looking for healthier indulgences. Several products are from mom-and-pop startups whose founders switched gears from high-powered careers. SmartBrief/SmartBlog on Food & Beverage (6/30)
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Food companies use July Fourth to kick off digital campaigns
Brands including Cracker Jack, StarKist and Peanut Butter & Co. are using the Fourth of July holiday as a springboard for major digital marketing campaigns. Cracker Jack's #CJSurprise and Starkist's #Charlieonthego campaigns capitalize on consumers' love of sharing photos on social media, while Peanut Butter & Co. is releasing a series of videos on YouTube and social media sites. Adweek (6/27)
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Proposed Nutrition Facts changes offer opportunities
Proposed changes to the Nutrition Facts panel could change the way serving sizes are listed on food packaging, leading to changes in the way companies market their products. Robert Post of food consultancy FoodMinds pointed to the Hass Avocado Board's "Love one today" campaign as an example of a company telling an effective story. "They're reframing the reference point by not referring to a serving size and turning a higher-fat fruit into a desired source of naturally good fat," he said. FoodNavigator (6/26)
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TV Service Built For The Big Game.
Make your place, THE place to be for the BIG GAME. We make it easy for guests to choose your place simply because you have the right programming on the screen. And with Comcast Business TV you can show the days' big event on eight or more screens — that's smart TV! Learn more, business tv for bars and restaurants
 
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