Starbucks has signed a new five-year contract that triples the number of branded single-serve packs it makes for Green Mountain's Keurig brewing machines. The deal comes after Starbucks last year introduced its own single-serve brewing machine, which was seen by many as posing a threat to Green Mountain's popular machines.
It's a common childhood experience, shuffling up and down grocery store aisles with Mom. Little do consumers know, though, that those moments mold their food perceptions into adulthood. A new white paper is designed to provide food marketers and producers a closer look at the impact moms have on consumers' purchase patterns and cooking habits.
Officials with PepsiCo Inc. apologized during a meeting Wednesday with relatives of civil rights icon Emmett Till who were offended by a rapper who had a promotional deal with the company, the Rev. Al Sharpton said. Sharpton said a statement that the morning meeting he brokered at company headquarters in Purchase, N.Y., was "positive."
Snyder's-Lance, Inc. reported results for its first quarter of 2013. Net revenue for the first quarter ended March 30, 2013 was $419 million, an increase of 6.5% compared to prior year net revenue of $393 million. Net income was $19.8 million for the first quarter of 2013, or $0.28 per diluted share, compared to net income of $14.2 million for the first quarter of 2012 or $0.21 per diluted share.
President Evo Morales has a personal stake in seeing the destigmatization of the crop. He and his fellow growers say they want to build a healthy market for coca-based products, despite the belief of U.S. officials that most of Bolivia's crop ends up as narcotics. Yet a stubborn problem keeps getting in the way of the president's grand plan: While coca tea is popular, most people seem to find other coca-based food unappetizing.
McDonald's says a key sales figure slipped again in April, with the world's biggest hamburger chain citing fears over a new strain of avian flu for weakness in China. The Oak Brook, Ill.-based chain, which had warned of a decline last month, says the figure fell 0.6 percent globally. That reflected an increase of 0.7 percent in the U.S., where it recently introduced its chicken McWraps to attract more customers in their 20s and 30s.
A Food and Drug Administration investigation into the safety of caffeine-added foods has prompted Wrigley to take its new caffeinated gum off the market for the time being. Wrigley said Wednesday that it will temporarily halt sales and marketing of Alert caffeinated gum after discussions with the FDA.
Urged on by President Evo Morales, Bolivians had been trying to turn coca leaf, the base ingredient of cocaine, into popular treats ranging from candies to pastries. Yet as coca processing factories were built and products were marketed, a stubborn problem kept getting in the way of Morales' grand plan: Most people, including many Bolivians, just don't like eating coca food.
The National Chocolate & Dessert Show (NCDS) returns to Chicago’s Navy Pier on Sunday, October 20 to Tuesday, October, 22 as the nation’s only trade show dedicated to the chocolate and dessert industry. Foodservice operators, retail buyers, chefs, and chocolatiers attendees will leave with the key learnings and solutions to run a successful chocolate or dessert operation or retail program.
A bill aimed at encouraging food stamp recipients in Wisconsin to eat healthier by limiting the amount of benefits that could be spent on junk food won approval from the state Assembly on Tuesday. The bill would require people enrolled in Wisconsin's food stamps program, or FoodShare, to spend at least two-thirds of their monthly benefits on designated items such as milk, bread and vegetables.
U.S. employers posted fewer job openings in March compared with February and slowed overall hiring, underscoring a weak month of job growth. The Labor Department said Tuesday that job openings fell 1.4 percent to a seasonally adjusted 3.8 million jobs. Total hiring declined 4.3 percent to 4.3 million.
PepsiCo Inc. officials will meet Wednesday with members of Emmett Till's family and the Rev. Al Sharpton. Sharpton continued to press for the meeting last week after the company's partnerships with Lil Wayne and Tyler, the Creator, of Odd Future to promote Mountain Dew sparked controversies.
Americans aren't chewing as much gum. That's a problem for Mondelez, which owns Trident, Chiclets and other brands. The company, which also makes Oreo cookies, Cadbury chocolates and Ritz crackers, on Tuesday reported a first-quarter profit in line with Wall Street expectations following its split with Kraft Foods Group last year.
Exopack, Britton Group, PACCOR, Kobusch and Paragon Print & Packaging have announced they will join forces to become one large packaging company, headquartered in Luxembourg. All five packaging companies are affiliated portfolio companies of Sun Capital Partners, Inc.
"To know thy own target audience" could be the mantra of today's successful marketing campaigns. Hispanic Millennials, GenXers and Boomer generational segments have unique consumer buying patterns. How they view the marketplace is influenced by a combination of macro-trends of their respective generations, by their lifestage priorities, and by their cultural orientation.
Lay's potato chips are getting cheesier. Fans voted to keep the potato chip maker's Cheesy Garlic Bread flavor on store shelves for at least the end of the year as part of the company's nearly yearlong promotion that solicited customers' flavor ideas.
The Vermont House Judiciary Committee has approved a bill requiring labeling of food products containing genetically modified organisms. But the measure isn't expected to pass into law this year, because there isn't enough time before the end of the session — scheduled this weekend — to get the bill through the Senate.
In 1880, Limburger, which is smeared with a foul-smelling bacteria to make it age quickly, was described by local author John Luchsinger as "a premeditated outrage on the organs of smell." Mark Twain wrote about "a most evil and searching odor" in his 1882 tale, "The Invalid's Story."
Molson Coors Brewing Co. said Tuesday that its net income dropped 55 percent in the first quarter, as it invested more in its brands and dealt with acquisition-related costs and poor weather in certain markets. The company earned $35.6 million, or 20 cents per share, for the period ended March 30. A year earlier it earned $79.5 million, or 44 cents per share.
Coca-Cola says it will work to make lower-calorie drinks and clear nutrition information more widely available around the world. The Atlanta-based company already offers diet drinks in most markets. But they're not always as readily available in emerging markets such as China as they are in the U.S.