Hybrid foods and flavors are driving new product development across the global snacking landscape. Sweet bakery flavors, such as cakes, cookies and pies, are growing in global snack launches, said Kara Nielsen, manager of sales and engagement USA at market research firm Innova Market Insights.
This week, a federal budget agreement passed that prevented a government shutdown. Part of that agreement has allocated $3 million to the U.S. Food and Drug Administration (FDA) for a new campaign–in conjunction with the U.S. Department of Agriculture–to educate consumers about foods produced with genetically modified organisms (GMOs).
Whole Foods Market Inc named a new chief financial officer and five independent directors who were not on activist investor Jana Partners’ slate, in a dramatic shakeup as the high-end grocer seeks to boost dwindling profits and a sagging stock.
As Coca-Cola Co. Chief Executive Officer James Quincey settles into his new job, he’s facing a challenge that most of his predecessors never worried about: digital disruption. Consumers are increasingly shopping online, spending more time on mobile apps, and getting groceries delivered to their homes. And that’s hitting Coca-Cola in ways you might not expect.
Walmart and Target try to win customer loyalty based on an “everyday low price” business model. And now it looks like the prices from both retailers are going even lower. Walmart sells more groceries than any other supermarket in America, and the company is pushing a broad price-cutting initiative to ensure it stays on top […]
Kellogg announced about 2,000 jobs could be lost through its new distribution strategy, but it’s just the latest manufacturer to make this kind of a change.
As mandated by the Food & Drug Administration, the latest version of the redesigned Nutrition Facts label was unveiled Monday. Manufacturers with more than $10 million in sales are required to have the new label in place by July 26, 2018.
Dallas Fort Worth International (DFW) airport is adding to its cold chain storage facilities in response to the growth in pharma and perishables traffic. Expected to be operational this summer, the transfer facility will give DFW the ability to control warehousing temperatures for shipments of pharmaceuticals, flowers and fresh foods.
With 2016 now in the past, food and beverage manufacturers can look to the challenges and opportunities that the new year brings. Considering impending legislation, FSMA rule rollouts and a new presidential administration all coming in 2017, the entire food and beverage supply chain could see major changes to their products and operations.
When news hit last month that Albertsons Cos. is in advanced talks to acquire Price Chopper for approximately $1 billion — which would cement its status as the No. 2 grocer behind Kroger Co. — it wasn’t much of a surprise to anyone following the grocery industry.
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