Consumer Packaged Goods Broker News: Smucker to acquire snack maker Sahale Snacks

Smucker to acquire snack maker Sahale Snacks | Keurig Green Mountain earnings outpace projections | Health, diet trends spur major rise in almond consumption

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August 7, 2014

News for the food, beverage and consumer packaged goods industry

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Smucker to acquire snack maker Sahale Snacks
J.M. Smucker Co. will acquire Sahale Snacks, a Seattle-based company that makes nut and fruit snacks, for an undisclosed amount in a deal expected to close in the fall. Sahale will bring in an estimated $50 million in sales this year. The Wall Street Journal (tiered subscription model) (8/6)

Keurig Green Mountain earnings outpace projections
Driven by sales of single-serve K-cups and coffee brewers, Keurig Green Mountain's earnings grew 33% in the third fiscal quarter, resulting in a profit of $155.2 million, which outpaced its projections. The company is developing new products in the face of growing competition, including a Keurig 2.0 hot brewer, new licensing agreements for K-cups and a Keurig Cold beverage system. The Wall Street Journal (tiered subscription model) (8/6)

Is it time for you to switch food brokers?

Find out by answering yes or no to the following questions. 1) Do you go on all the sales calls? 2) Does your broker also represent your competition? 3) Has your distribution remained the same or decreased over the past year? And 4) Do you prep all of your own materials? If you answered yes to two or more questions, it's time to make the switch to BeaconUnited.

Trends

Health, diet trends spur major rise in almond consumption
Almonds have risen to the top in the U.S. as Americans' favorite nut, surpassing the popularity of peanuts on trends including health and dietary preferences. In the last nine years, almond consumption has grown by more than 220%. "Nuts were considered unhealthy due to their high fat content," according to a 2011 report by the University of Michigan. "However, this perception has changed over the past decade." The Washington Post (tiered subscription model)/Wonkblog (8/6)

Poll reveals what consumers are cutting from their diets
American consumers are avoiding sugar, carbohydrates and soda, according to a recent Gallup poll. According to the survey results, almost two-thirds of consumers said they avoid soda, 29% are avoiding carbs and 52% are avoiding sugar. FoodBusinessNews.net (free registration) (8/6)

SmartBrief Originals

Read the latest food and beverage coverage by SmartBrief in SmartBrief Originals:

Why big data is a big deal for supermarkets Share:

What the FDA's food labeling changes mean for manufacturers, consumers Share:

Chipotle falls out of the Top 10 RSMI Restaurant Brands for the first time in a year Share:

Supply Chain Management

What social media can do for the supply chain

The age-old problem of disconnection in the supply chain can be eased through the use of social media, argues Tony Martins. He recommends powerful but somewhat informal "hives": "A hive is not a functional group. A universal principle I've learned over the years is that, generally speaking, collaboration isn't needed within a functional group; it is needed across skill sets. So, you should not create functional hives," Martins advises. DC Velocity online (7/28)

Advertising & Marketing

General Mills offers mobile game to promote art-revamped "monster" cereals
General Mills is using a mobile gaming application to kick off its annual Halloween-keyed "monster" cereals -- Boo Berry, Count Chocula and Franken Berry. The game is accessible through family-sized boxes of the company's main cereals sold at Wal-Mart. Star Tribune (Minneapolis-St. Paul, Minn.) (8/7), Mobile Marketer (8/7)

Retail Spotlight

FreshDirect, Foodily team up to deliver recipe ingredients
FreshDirect and Foodily unveiled a new recipe-delivery service Tuesday, dubbed Popcart, which will let shoppers order ingredients that make up recipes. "What we really aim to do with this is to deliver a completely new experience for consumers, where they can move from a recipe that inspires them to the actual ingredients to make it in a 24-hour period," Foodily CEO Andrea Cutright said. Crain's New York Business (8/5)

Shoppers look to ALDI, Costco, Wal-Mart for lowest prices: Survey
Shoppers recognize ALDI as the grocer with the lowest prices, according to a survey by Market Force Information, which ranked Costco and Wal-Mart in second and third place on price. The results mark the fourth year in a row with ALDI at the top for low prices, and the discount retailer also ranked in the top five for its private-label brands, price and tag accuracy, sustainability, staff courtesy, speedy checkout and nutrition information, according to the survey. Retailing Today (8/6), American City Business Journals/Chicago (8/6)

GMA News

Don't second guess product recall readiness
Don't miss GMA's Efficient and Effective Product Recall Management workshop on Sept. 24 in San Diego. Make sure that your quality assurance professionals access the top industry experts, best practices, the latest technology and effective strategy to tackle recalls. A second session will be held in Washington, D.C on Nov. 5. Register today!