Bimbo Bakeries USA is adding a chocolate variety to its Entenmann's Little Bites Party Cakes line. The bite-sized cakes are free of high-fructose corn syrup and feature rainbow sprinkles like the original golden version of the snack.
Mondelez has sold several brands including Vegemite to Australian firm Bega Cheese Ltd. for $348 million. The deal includes a license for Bega Cheese to locally produce products such as Kraft Mac & Cheese, mayonnaise and peanut butter.
The worldwide portable breakfast market is likely to expand by more than $500 million over the next decade, fueled largely by demand in Western European countries. Although interest in grab-and-go for the morning occasion will rise in developed countries, lack of consumer awareness will hamper sales in developing regions during this period, said Malarkodi Mahendran of Future Market Insights.
Marketers at The Coffee Bean and Tea Leaf have relaunched the brand's mobile app, which can now deliver personalized options and an omnichannel experience. "Omnichannel to me means that customers can physically enter a store, make their purchases, earn points through their phone and then carry those points to an online commerce transaction later, or take those points wherever their next interaction with us is," said Digital Marketing Director Mark Levien.
A new Kit Kat gift set available in Australia commemorates the Lunar New Year with two available flavors, including red bean and toasted coconut. The limited edition sets are also available in a citrus creme brulee flavor.
Divine Chocolate, which is partly owned by cocoa farmers, has joined B Corps, a nonprofit organization that certifies companies according to factors that include environmental standards and transparency. B Corps provides "a framework both to help consumers compare the social, environmental and economic practices of companies big and small, and also guide the companies themselves to target improvements in all areas," said Divine.
A desire for all-natural chocolates was the inspiration for My Chicago Soul, which was founded by New York native Ramona Thomas in 2011. Since then, the company has graduated from online-only sales to an uptown Chicago storefront.
Barnana raised $5.3 million in a recent funding round that it will use to roll out an organic partially dehydrated banana snacks line in March, increase marketing efforts and expand to more retailers. The brand's products are available in 5,000 stores so far, and online sales currently make up 10% to 15% of its dollar sales.
Barry Callebaut's recent announcement that 95% of its corrugated carton boxes used in the Europe, Middle East, Africa Region will come from Forest Stewardship Council-certified sources is part of the group's efforts to reach 100% sustainable ingredients and packaging for chocolate products by 2025. Barry Callebaut's "Forever Chocolate" campaign will also include efforts to make the company carbon and forest positive, help over 500,000 cocoa farmers escape poverty and eliminate all child labor from its supply chain.
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