Tuesday, January 3, 2012

How McCormick & Co. has weathered the economic downturn

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January 3, 2012News for the food, beverage and consumer packaged goods industry

  Company Watch 
  • How McCormick has weathered the economic downturn
    McCormick Chairman, CEO and President Alan Wilson said the spice company "changed our advertising strategies to focus on value-type meals" in the past few years. The company also is expanding in developing markets including China, where people typically buy spices in open markets, through distribution in the markets as well as chains with fewer than 100 small stores. The Wall Street Journal (1/3) LinkedInFacebookTwitterEmail this Story
 
  • P&G's Secret finds inspiration again
    Secret deodorant is emphasizing that it can "help women be more fearless" in its Clinical Sport formulation. A viral video about a female ski jumper hit the mark with 700,000 views and created a sales spike for a brand that had been flat. P&G has made inroads using social media to capture the imagination and emotions of teenagers in anti-bullying efforts such as its "Mean Stinks" effort. The Secret team is more engaged, says P&G's Kevin Hochman. Advertising Age (tiered subscription model) (1/2) LinkedInFacebookTwitterEmail this Story
  • Gain campaign focuses on scents
    Procter & Gamble is promoting its Gain brand in a campaign touting its 13 detergent and fabric softener scents. The campaign includes a Facebook page with scent tips and advice from company "scenthropologist" Tim Hittle, and ads starring Wanda Sykes. Progressive Grocer (1/2) LinkedInFacebookTwitterEmail this Story
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  Trends 
 
  • Consumer spending is expected to face "headwinds" in 2012
    As income remains flat, consumers are expected to continue bargain hunting and cutting costs this year, and they likely won't spur strong economic growth, experts said. Macroeconomic Advisers predicted 2% growth in the first half of 2012, down from 3.6% in the fourth quarter. Consumer spending is "not going to collapse," but "there are some headwinds there," Senior Managing Director Joel Prakken said. The New York Times (tiered subscription model) (1/2) LinkedInFacebookTwitterEmail this Story
  • Study finds trends among buyers of healthy and natural food
    A study by Mambo Sprouts Marketing found that 64% of consumers who seek out healthy and natural food plan to buy more organic food in 2012, with 56% saying they will buy more food without genetic modification and 52% saying they will spend more on food containing no hormones or antibiotics. The study also found that price is the top consideration for where to shop, followed by the store's healthy and organic offerings. Progressive Grocer (1/2) LinkedInFacebookTwitterEmail this Story
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  Corporate Social Responsibility 
 
  • Green Mountain develops waste-to-energy system
    Green Mountain Coffee Roasters is working with bioenergy specialist Wynntryst and researchers from the University of North Dakota to create energy from coffee and packaging waste. The system is expected to create synthetic gas, which can be converted to biofuels or used in fuel cells or internal combustion engines. Environmental Leader (12/30) LinkedInFacebookTwitterEmail this Story
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  Advertising & Marketing 
  • Pepsi's Brisk ties in with "Star Wars" release
    PepsiCo is promoting its Brisk iced tea and juice drinks through a tie-in with the movie "Star Wars: Episode I -- The Phantom Menace 3D." The company, which has partnered with Lucasfilm since 1997, is launching a mobile game application featuring characters such as Yoda and Darth Maul, as well as packaging and in-store promotions that tie in with the movie. The New York Times (tiered subscription model) (1/2) LinkedInFacebookTwitterEmail this Story
  Retail Spotlight 
  • H-E-B in Austin, Texas, gets a Latino flavor
    An H.E. Butt Grocery store in Austin, Texas, was expanded by 6,000 square feet and remodeled to appeal to Latino customers, selling products including tortillas made on the premises. "We have a very strong Latino base in this area that was telling us what we needed to do, so that was kind of the driving force," said David Seeker, a unit director. KXAN-TV (Austin, Texas) (12/31) LinkedInFacebookTwitterEmail this Story
 
  Hot Topics 

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  Health & Wellness 
  • High fruit and vegetable intake doesn't prevent weight gain
    Data on 374,000 adults in 10 European countries show that those who reported eating more fruits and vegetables were not less likely to gain weight over a five-year period than those with lower consumption. However, those with high intake who quit smoking during the study appeared to gain less weight. The findings appear in The American Journal of Clinical Nutrition. Reuters (12/30) LinkedInFacebookTwitterEmail this Story
  GMA News 
Learn more about GMA ->About GMA  |  Issues and Policy  |  Newsroom  |  Events  |  Research and Tools

  Government & Food Safety 
  • Meeting will focus on source attribution of foodborne illness
    The FDA, the USDA's Food Safety and Inspection Service and the Centers for Disease Control and Prevention scheduled a public meeting Jan. 31 in Washington, D.C., to tackle methods for linking cases of foodborne illness to a specific product. A review of the Interagency Food Safety Analytics Collaboration's draft strategy also will be conducted at the meeting. FoodSafetyNews.com (1/3) LinkedInFacebookTwitterEmail this Story
Position TitleCompany NameLocation
VICE PRESIDENT, KELLOGG USA NUTRITIONKellogg CompanyBattle Creek, MI
Key Account Sales RepresentativeFoster FarmsCincinatti, OH
Click here to view more job listings.

  SmartQuote 
I know of no more encouraging fact than the unquestionable ability of man to elevate his life by conscious endeavor."
--Henry David Thoreau,
American author and poet


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