  | April 15, 2011 | News for the food, beverage and consumer packaged goods industry |  |  |
| Company Watch |  |  | | - Reckitt Benckiser CEO Becht will retire Sept. 1
Reckitt Benckiser Group CEO Bart Becht plans to step down Sept. 1, and the top job will go to Rakesh Kapoor, executive vice president of global category development. Becht, who became Benckiser CEO in 1995 and has been leading the merged company since 1999, said he will serve as part-time adviser for a year. The Wall Street Journal (4/15)       - Wal-Mart and P&G partner on more family movies
Wal-Mart Stores and Procter & Gamble plan to release five family-appropriate movies on television this year to continue a partnership formed a year ago. Next up is "Truth Be Told," set for Fox on Saturday, with "Field of Vision" to air June 11 on NBC. More movies are scheduled for NBC on Aug. 6, Sept. 3 and in December. Drug Store News (4/14)  | Business Platinum Card® from American Express OPEN®
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  - Truckloads of tomatoes and meat are stolen
Thieves don't typically steal perishable goods, but in March, a group stole six tractor-trailer loads of tomatoes, one of cucumbers and one of frozen meat in Florida. The theft happened right after freezes damaged crops in Mexico, increasing prices and making the haul worth about $300,000. "I've never experienced people targeting produce loads before," said one trucking broker. "They were just sitting and waiting, watching the produce because they knew it was climbing," another said. The New York Times (tiered subscription model) (4/14)  | Advertising & Marketing | | | | - Orange juice: Not just for drinking
Tropicana put up a billboard in France powered by orange juice, in part by plugging zinc and copper spikes into 2,500 oranges. The lit-up billboard works by using the orange juice to dissolve the metals, "causing their electrons to create a current," Creativity Online reports. Mashable (4/13) - A&P files for approval to sell 25 Superfresh stores
A&P, which filed for bankruptcy in December, is seeking court approval to sell 25 Superfresh stores: 22 in Maryland, two in Delaware and one in Washington, D.C. "As part of our ongoing review of our store footprint, we determined that these 25 Superfresh locations are outside A&P's core market," said CEO Sam Martin. Drug Store News (4/14)  | Utilize the Zurich Enterprise Risk Management Healthcheck assessment tool to get a better understanding of your current ERM strategy with recommendations for improvement. Sign up for FREE access today! |
| Science & Technology | | | | - Monsanto to find life sciences investments with Atlas Venture
Monsanto said it has entered into a multiyear collaboration with venture capital firm Atlas Venture to find investment opportunities in the life sciences sector. The partnership "will provide a great opportunity for us to get an early look at promising new technologies that could potentially be introduced into our biotechnology, breeding and agronomic practices work to drive yields even further," said Steve Padgette, Monsanto's chief of research and development investment strategy. Reuters (4/14) | Health & Wellness | | | | - Consumers are less likely to check labels on baked treats
A Harris Interactive poll found that consumers are less likely to examine nutrition labels when buying cake, chocolate, biscuits and confectionery goods than they are to check labels on dairy products and canned foods. "Many do not look at labels on these products because nutritional content seems to matter less to consumers on categories which are considered a treat," a Harris consumer-research official said. FoodNavigator (4/14) - Dietitian wants to refocus debate on pregnant women eating fish
Fears among pregnant women about the risk of mercury and toxins from eating seafood should be reframed to consider the risks of a diet deficient in omega-3s, according to registered dietitian Jennifer McGuire of the National Fisheries Institute. USDA recommendations call for pregnant women to get 8 to 12 ounces of fish weekly to boost fetal development, but the FDA recently found that the average expectant mother in the U.S. eats less than 2 ounces of seafood a week. CNN (4/13) | GMA News | | | |
| Government & Food Safety | | | |
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