Mars, Nestle USA, Unilever United States and Danone North America have created the Sustainable Food Policy Alliance. The organization will take a collaborative approach to advocate sustainable US policy actions in areas such as food safety, environmental health and consumer transparency.
Barry Callebaut saw sales grow by 4.8% in the third quarter of its fiscal year. "Our volume growth was again significantly above the global chocolate confectionery market," said CEO Antoine de Saint-Affrique.
General Mills is looking at a multipronged strategy to boost growth, including releasing new products, updating pricing and divesting weaker business units. The firm "will look to divest roughly 5% of our portfolio," said CEO Jeffrey Harmening.
Wakefern Food has named Erik Keptner as its senior vice president of marketing. Keptner most recently worked as senior vice president of sales, merchandising and marketing for Ahold Delhaize's Giant Food Stores division.
Fresh Market's plan to close 15 stores as part of a restructuring program led this week's list of most-read SmartBrief food and beverage stories, followed by the latest from European grocer Lidl. News about CPG product launches from companies such as General Mills and Conagra also made the Top 10 list, along with Smucker's decision to sell its baking business for $375 million.
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Make your voice heard at NCA's Washington Forum
We need you in Washington, D.C., September 12-14 to communicate the important role that your business plays in the community. Meet your representatives in Congress and help us advocate to protect your business and your employees. Learn more.
2019 Sweets & Snacks Expo opens call for speakers
The Sweets & Snacks Expo is now accepting proposals for its 2019 Sweet Insights learning program. As the signature event for the confectionery and snack industries, the Sweets & Snacks Expo at Chicago's McCormick Place (May 21-23, 2019) is seeking thought leaders and dynamic speakers who can provide unique insights, strategies and trends to the trade show's attendees. Learn more.
M&M's Caramel packages will provide consumers with passes to upcoming entertainment experiences, such as an M&M's Spotlight concert by Julia Michaels on July 25 in Dallas. Consumers can get more information on the brand's social media pages about access to the concert and other events, which will include one-on-one meetings with Major League Baseball and NASCAR competitors.
Private labels continued to show strong sales improvement in the past year, hitting $138 billion overall, according to the "Power of Private Brands" report from FMI and IRI. Members of Generation X spend about 31% of all private brand dollars, while younger baby boomers and older millennials each account for about 19% of spending in the channel, the report said.