February 10, 2011 | News for the food, beverage and consumer packaged goods industry |  |  | Company Watch |  |  | | - Coca-Cola sees consistent sales growth: North American sales are up for the third quarter in a row for Coca-Cola, growing by 3% and hitting $10.5 billion in sales. The expected rise in costs for sweeteners, aluminum, juice and plastics might lead Coca-Cola to implement price increases while keeping to its long-term strategy. The Wall Street Journal (2/10)
         - Higher sugar prices challenge small candy makers
As world sugar prices rise, farmers are benefiting and able to pay down loans and buy equipment. Meanwhile, confectioners, particularly small ones, are being forced to raise their prices to reflect higher commodity costs, such as sugar. "The small companies buy small amounts of sugar. And they buy that sugar frequently," said the National Confectioners Association's Susan Smith. SeattlePI.com/The Associated Press (2/9)         - Quality trumps fewer calories when eating out
Consumers seeking healthy options when they eat out are drawn to high-quality food that is fresh and nutritious, and they are less concerned about food that is low in calories and fat, according to NPD Group. "The perception has been that healthy eating to consumers means low calorie and low fat, and our findings show that the perception is not the reality," said Bonnie Riggs, restaurant industry analyst at NPD. Convenience Store News (2/8)          | Accenture acquires CAS — A powerful combination By providing an integrated suite of enterprise software applications, the most demanding requirements of the consumer products industry can now be met. Learn how the acquisition of CAS by Accenture helps consumer products companies execute in-store strategies more effectively. Learn more>> | - Corazonas markets heart-healthy snacks
Corazonas Foods is looking to expand its plant sterol-infused chips and oatmeal snacks throughout Western markets. The brand is one of just a few on the market to bear the FDA's claim of lowering bad cholesterol. The 6-year-old company based in Los Angeles has created a new tagline, "Love Your Heart. Love the Taste." MediaPost Communications/Marketing Daily (2/9)         - General Mills wins fight over "better" claim
The National Advertising Division of the Council of Better Business Bureaus settled a marketing dispute between Campbell Soup Co. and General Mills over the use by General Mills of the phrase "Now Even Better" in their marketing the Progresso Light line. Campbell had argued that the use of the slogan could be taken to mean that Progresso Light was claiming superiority to rival products. Star Tribune (Minneapolis-St. Paul, Minn.) (2/9)          | Are you keeping up with the changing world of employee health care? Get The Basics of Employee Health Care for Small Business: A Guide to Creating a Company Benefit Plan, and find out what you need to know today. There's no obligation. Click to download a FREE whitepaper. |
- Weis unveils the "greenest" water bottle
Weis Markets is the country's first supermarket to offer an environmentally friendly water bottle made of 100% recycled polyethylene terephthalate plastic. The bottle is offered in the Weis Quality 24-pack of 20-ounce bottled water. More efforts to go green include the launch of three superstores that use 60% less refrigerant than a typical supermarket, as well as recycling of plastic bags and cardboard. Progressive Grocer (2/9)          | Effective innovation is illusive, but is the key to sustained competitive advantage in the CPG industry. This report slide package examines best-in-class examples of innovation and marketing to drive success in this increasingly challenging environment. Learn more here. |
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