Mintel releases news research analyzing the economic indicators that will play a role in predicting consumer spending in the months and years ahead
May 8, 2020
Mintel, the experts in what consumers want and why, released new research analyzing the current economic environment compared to that of the Great Recession, including insight on the economic indicators that will play a role in predicting consumer spending in the months and years ahead.
Tampico Beverages Inc., a global producer and distributor of irresistible juice drinks, announced that Jenny Haas has been named chief executive officer effective June 1. She succeeds Scott Miller who resigned and will be leading Essentia Water as its new chief executive officer.
The patented traits apply to two of the company's GoodWheat wheat varieties: extended shelf life and reduced gluten
May 7, 2020
Arcadia Biosciences, Inc., a leader in science-based approaches to enhancing the quality and nutritional value of crops and food ingredients, announced the US Patent and Trademark Office has awarded the company two patents for extending the shelf life of whole wheat by minimizing hydrolytic and oxidative rancidity.
Company plans to increase recyclability, recycled content and consumer education and infrastructure
May 7, 2020
Campbell Soup Company announced new packaging sustainability goals to reduce packaging waste by increasing circularity—keeping materials in use and out of landfills. The four goals are designed to address all phases of the packaging lifecycle, from sourcing to end-of-life, including recycling or composting.
Annual BCG/IRI study highlights role of acquisition, innovation, surgical pricing, ecommerce, and consumer-trend fulfillment
May 6, 2020
The US consumer packaged goods industry increased by 2.2% in 2019, outpacing 2018 growth of 2.0%, according to the eighth annual Boston Consulting Group (BCG)/IRI CPG study released at the end of March. The growth was driven exclusively by pricing adjustments in the face of declining average volumes across measured channels. Despite the volume drop, top growth leaders saw their volumes increase over 2018.
Mark Staples to take on role as executive director of marketing
May 6, 2020
Kalsec announced the appointment of Mark Staples as executive director of marketing. Staples brings 19 years of global client and agency marketing experience from several organizations, including his most recent role with The Kellogg Company.
Pandemic accelerating digital adoption and likely to cause long-term changes in consumer behaviors
May 6, 2020
The COVID-19 pandemic is likely to alter consumer behaviors permanently and cause lasting structural changes to the consumer goods and retail industries, according to findings of an Accenture survey of more than 3,000 consumers in 15 countries across five continents.
Chicago Custom Foods manufactures and distributes branded seasonings
May 5, 2020
Highlander Partners, L.P., a middle market private investment firm based in Dallas, announced the sale of Chicago Custom Foods, LLC, a manufacturer and distributor of branded seasonings, to Sauer Brands, Inc., a portfolio company of Falfurrias Capital Partners.
Online hub dedicated to raising awareness and educating new parents on the benefits of early introduction
May 1, 2020
FARE (Food Allergy Research & Education), a food allergy advocacy organization and a private funder of food allergy research, launched a new resource geared at raising awareness of the benefits of introducing a variety of new foods to babies and educating people on how they might be able to help reduce the risk of developing food allergies.
The company is creating a hands-on program to educate students, while providing an opportunity to work with all levels of management
May 1, 2020
Hormel Foods launched a virtual internship program to accommodate 60 college students from around the country. With internships in flux at many corporations due the effects of COVID-19, Hormel Foods believed it was imperative to not only honor its commitment to inspired summer interns, but rethink and revolutionize its entire program.