Conagra Brands has proposed a $500 million redevelopment plan to remake its campus in downtown Omaha, Neb., over a 10-year period starting in 2019. "This is a turning point for the 1,200 Conagra employees who work on the campus and all of us who live and work in Omaha," said Mayor Jean Stothert.
Final bids are reportedly due this week for Unilever's spreads division, which includes brands such as Flora and I Can't Believe It's Not Butter. The spreads unit is said to be worth approximately $8 billion.
Because impulse buys make up roughly one-third of all beverage sales, purchases of these products could decline significantly if beverage producers don't become more deeply immersed in e-commerce, analysts say. "Until the day we have instantaneous cold beverages delivered to our home while we're sitting at our computer, e-commerce challenges impulse," said Ali Dibadj, a Bernstein analyst.
Firmenich has named fig its 2018 flavor of the year, citing the fruit's connotations of healthfulness and authenticity. With 80% global growth in fig-flavored products from 2012-16, figs are well-positioned to be represented in both savory and sweet products, said Chris Millington of Firmenich.
Gatorade Chief Marketing Officer Andrew Hartshorn says the brand uses product- and equity-driven campaigns to attract athletes who grew up with digital. The company harnesses data to learn how athletes best connect with its brand, whether through social media videos or Snapchat games.
Ferrero Rocher has opened a pop-up immersion in London dedicated to the tastes that make up the layers of the gold foil-wrapped candy. Guests of Ferrero Rocher: Behind the Layers are treated to a two-story experience that includes five desserts developed by chef Paul Hannagen.
Sprouts Farmers Market's store strategy to focus on opening locations in less densely populated areas on the perimeters of cities puts the retailer in a good position for delivery and the shift further into digital retail, CEO Amin Maredia said. "We're actually looking forward to things going online," he said.
Expanded frozen food offerings and the addition of fresh produce to some stores helped Dollar General boost sales in the most recent quarter, the retailer said. The company aims to open 900 new stores in 2018, focusing both on rural areas and cities, where the retailer aims to attract more affluent shoppers.
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