Mars is working to double in size over the next decade via a combination of expanding its existing brands and making acquisitions, said CEO Grant Reid. "Our vision is to keep our privately held company forever," he said.
Thai Coconut Peanut, Mexican Jalapeno Peanut and English Toffee Peanut M&M's will hit retail shelves this month as part of the brand's latest Flavor Vote campaign, which runs through mid-May. The winning M&M's flavor will be revealed in August.
Target will add about 30 items, among them diapers and wipes, to its private-label Cloud Island line, starting Sunday. Parents with kids at home have historically spent more at Target, and there had been significant customer overlap with Babies R Us before that chain closed last year, Chief Merchandising Officer Mark Tritton said.
Coca-Cola will relocate its Chicago-area office from suburban Downers Grove, Ill., to the rapidly developing Fulton Market neighborhood within city limits. "Investing in our Chicago footprint will allow us to better support our customers and our bottling partner, Great Lakes Coca-Cola Bottling Co.," said Coca-Cola's Kevin Morris.
Grocery shoppers are visiting center-store aisles less often, but more than 99% of shoppers still made purchases in the category in 2017, and 81% of shopping carts included at least one item from the center store, according to a report from Catalina. Center-store success hinges on meeting consumer demand for new food experiences and fresher, healthier options, said Marta Cyhan, Catalina's head of marketing.
About 150 food inspectors are returning to work without pay for the Food and Drug Administration to check on higher-risk foods despite the partial government shutdown, the agency said Tuesday. Among the duties to be re-established is the inspection of imported food items.
Cholula, Frank's RedHot and Huy Fong Foods Sriracha are the three most popular hot sauces in the US, based on Instacart data. Also ranking high on the list were Tabasco, Tapatio and Texas Pete, the report said.
Nestle, Procter & Gamble, Unilever and other CPG companies are working to expand their subscription services. The subscription market is increasing by more than 17% annually -- a faster rate than the overall online channel, said Burt Flickinger of Strategic Resources Group.
New functional, plant-based and probiotic beverages were on display at this year's Winter Fancy Food Show in San Francisco. Numi Organic Tea unveiled a line of superfood shots, while brands such as The Living Apothecary and Harmless Harvest introduced probiotic drinks.
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