Top 10 food stories this week: Keurig's sale, Costco's strategy, Kellogg's new 2016 products and more
This week’s most popular news items included stories of food retailers, consumer packaged goods manufacturers and restaurants going big in a variety of ways. Topping out the list was the substantial sale of Keurig Green Mountain for $13.9 billion to JAB Holding, and following close behind was a story on how wholesale giant Costco's membership model and in-person deals on gas and food have made the warehouse retailer "Amazon-proof," according to analysts.
Kellogg’s was also in the news quite a bit with the announcement of 40 new breakfast and snack products in the new year, as well as a story on how major consumer packaged goods companies are looking to update their approaches to legacy brands in an effort to appeal to millennials and other young consumers. News about new menus at Quiznos and McDonald's were also well-read, as were technology-focused stories on mobile geotargeting for Hard Rock and data-informed merchandising at Kroger.
Here's the top 10 most-popular stories for this week across our food and beverage briefs:
- Investment group buys Keurig Green Mountain for $13.9B
- How Costco gives members reasons to shop in-person
- Kellogg to debut 40 breakfast and snack products in 2016
- How Kroger uses data to make merchandising decisions
- Major CPG players look to millennials to revive legacy brands
- Quiznos tests new menu, fast-casual concept
- Gluten-free consumption continues to grow, despite doubters
- Kroger celebrates 48th quarter of sales growth
- Hard Rock sees success with mobile geotargeting
- NPD: McDonald's all-day breakfast boosts lunch business
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