Reductions in SG&A and improved trade efficiency expected to be achieved in three years
October 2, 2015
ConAgra Foods, Inc. announced restructuring plans to improve profitability, advance its growth agenda and unlock shareholder value. ConAgra Foods expects to realize at least $300 million of efficiency benefits within the next three years through a combination of reductions in SG&A and enhancements to trade spend processes and tools.
Addition of leading savory flavors developer expands product portfolio, customer base
October 2, 2015
Archer Daniels Midland Company announced an agreement to purchase Eatem Foods Company, a developer and producer of premium traditional, natural and organic savory flavor systems.
Veteran CPG leader to take the reins from Steve Dawson, who led strong gains in U.S. distribution and revenue for storied, family-owned Scottish shortbread brand
October 1, 2015
Walkers Shortbread, Inc., the wholly-owned U.S. subsidiary of Scotland-based Walkers Shortbread Ltd., announced the appointment of Mark Kleinman as CEO, effective January 1, 2016. Kleinman, who held senior posts at ConAgra Foods, Groupe Danone and Novartis, has joined the company and is working closely with current CEO Steve Dawson.
Gregory R. Page will step down as executive chairman and continue to serve on the board as an executive director
September 30, 2015
Cargill's board of directors today elected David W. MacLennan, currently Cargill's president and chief executive officer, as chairman of the board in addition to his current responsibilities.
Company builds on success by hiring Giannella Alvarez as CEO and Brad Paris as COO
September 18, 2015
Harmless Harvest, manufacturer of critically and commercially acclaimed Harmless Coconut® Water, announced that Giannella Alvarez will be joining the company as the new CEO and that Brad Paris will take on the newly created position of Chief Operating Officer (COO), beginning Sept. 21, 2015.
More than half of 2015 has transpired, which is at once baffling and comforting. Time keeps slipping away, but its passage allows us a glimpse at patterns that may influence the months and years ahead.
Demographic mega-trends feeding into package development
September 16, 2015
These demographic changes are leading to changes in household dynamics and eating behaviors, such as multi-shopper households, more meals being eaten alone, and frequent snacking on more occasions.
The global market for gluten-free products was valued at $4.63 billion in 2015
September 15, 2015
The market report defines and segments the Gluten-Free Products Market with analysis and projections of the size of the market both in terms of volume and value.
Marketers must thoroughly understand demographic to capture a piece of the nearly $290 billion millennials will spend on CPG products by 2020
September 9, 2015
IRI says its latest research examines the myths versus realities of millennials and finds not only that there are misconceptions, but also that millennials are in fact much more unique than first meets the eye.
B&G Foods to purchase iconic brand for approximately $765 million
September 3, 2015
General Mills, Inc. announced that it has reached a definitive agreement to sell its Green Giant and Le Sueur vegetable businesses to B&G Foods, Inc., for approximately $765 million in cash, subject to an inventory adjustment at closing.