Land O'Lakes maintains data regarding aggregate farm output, which it then shares with farmers so they can use the insights to operate sustainably. The key to a thriving food economy in the future is "data, data, data," said CEO Beth Ford.
Albertsons is revamping its Signature Select private label this year with a new look and more than 300 new items. "With the expansion of Signature Select, customers will find even more surprises, from seasonal and holiday items to ethnic and even plant-based offerings," says President of Own Brands Geoff White.
Ferrara Candy is planning an updated recipe and freshness-saving packaging for the 99-year-old Baby Ruth chocolate bar next year, Monica Watrous writes. The revamp comes after changes were made to the Butterfinger bar earlier this year.
Kraft Heinz has seen sales for its Corn Nuts brand increase 12% in the retail channel, thanks to a marketing campaign that maximizes the power of social media. "It's been very scrappy -- we haven't put any marketing spend [behind it]," said Jennifer Hill, who manages the brand's social media.
When Sandra MacQuillan took the chief supply chain officer role at Kimberly-Clark four years ago, she aimed to shift the company's supply chain so it created value "from source to shelf," which she did by partnering with other business units and ensuring that the right talent was in place. "We could achieve this through three processes: standardization, simplification and collaboration," she said.
Coffee startups and established brands are embracing the next evolution of cold brew -- the flash brew -- in which coffee is brewed and immediately chilled without dilution from ice or water. Suntory is now selling its Boss flash-chilled canned coffee in the US market, while Elemental Beverage's commercial-grade SnapChill lets restaurants and cafes make flash-brewed coffee on demand.
Kantar has named Coca-Cola, Pepsi and Nescafe among the world's top 10 fast-moving consumer goods brands, according to its latest Brand Footprint report. Sprite, Fanta and Lipton also made the top 50.
The upcycled food waste business is worth about $46.7 billion, according to a Future Marketing Insights study, which also projects the industry will have a 5% compound annual growth rate for the next decade. Because of its ability to utilize cosmetically unappealing fruit, beverage is apt to be the most profitable upcycled food category, while the baking category will likely be second-most profitable, writes Jessi Devenyns.
Bazooka Candy is offering an innovative container for its new Push Pop Gummy Roll, which allows snackers to tear off a piece of the candy and save the rest for later. It's available in four flavors and is expected to be in retailers nationwide soon.
Dollar General is closing in on three decades of annual same-store sales growth with a model that caters to consumers from households with below-average annual incomes. From its 1955 launch in Springfield, Ky., the retailer has grown into the country's largest by store count, with a model that has evolved along with changing consumer shopping habits.
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