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.
Grocery store removes certified synthetic colors, partially hydrogenated oils and added MSG
October 2, 2015
With 90% of ALDI products being sold under private labels, ALDI is able to ensure that customers have a wide selection of options free of these ingredients and available at the low prices they are known for.
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.
Target will carry PROBAR bite in stores nationwide
September 28, 2015
Starting in September, Target will carry PROBAR bite™ organic snack bars in all locations around the country as part of the retail giant’s effort to double it’s stake in the organic and sustainable grocery business in 2015.
New market report defines and segments the alcohol ingredients market on the basis of ingredient type, beverage type, and region, with analyses and projections of market size
September 25, 2015
The market for Alcohol Ingredients is projected to reach USD 1.8 Billion by 2020 at a CAGR of 9.4% from 2015 to 2020 in terms of value.
The study, published in Nutrition Journal, reviewed 310 customer records and found customers who followed the plan for 12 weeks lost an average of 24 pounds
September 22, 2015
Medifast, Inc., U.S. manufacturer and provider of clinically proven weight-loss and healthy living products and programs, announced published clinical studies demonstrating weight loss effectiveness of two Medifast meal plans - the 4 & 2 & 1 Plan™ (also known as Medifast Achieve™) and the 5 & 2 & 2 Plan™.