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November 16, 2012News for the food, beverage and consumer packaged goods industry

  Company Watch 
  • Hostess' demise ends a golden era
    A labor strike that started Nov. 9 was the death knell for Hostess Brands, maker of Twinkies and Wonder Bread. The 82-year-old company plans to close factories, lay off 18,500 workers and liquidate. "We deeply regret the necessity of today's decision, but we don't have the financial resources to weather an extended nationwide strike," CEO Gregory Rayburn said. CNNMoney (11/16) LinkedInFacebookTwitterEmail this Story
  • Analyst: Hillshire would be a tasty acquisition
    Acquisition of Hillshire Brands could be an attractive option for meat producers including Tyson, Hormel and JBS, analysts say. "Hillshire could be an acquisition target," said Alexia Howard, an analyst for Bernstein. "It’s high margin. It’s less volatile in terms of profit. The brands bring you more negotiating leverage with retailers." Bloomberg (11/15) LinkedInFacebookTwitterEmail this Story
  • Smithfield to close Va. factory
    Smithfield Foods will close a meat processing facility in Portsmouth, Va., and offer transfer opportunities to the employees whose jobs will be eliminated. The company announced in November 2011 it would shutter the plant and move production to North Carolina. Food Business Review (11/15) LinkedInFacebookTwitterEmail this Story
  • Campbell International president named
    Luca Mignini, previously CEO of the Findus Italy division of the IGLO Group, is joining Campbell as senior vice president and president of Campbell International. "I look forward to accelerating growth in Campbell’s businesses in Asia-Pacific, Europe and Latin America, through both organic expansion and external development," he said. Progressive Grocer (11/15) LinkedInFacebookTwitterEmail this Story
  • Companies collaborate on EU labeling
    A dozen companies, including Kellogg, Nestle, Danone Group, Coca-Cola and Unilever, agreed to create a voluntary label system in the EU with calorie information on the front of packaging. The change is expected to be in place by the end of 2014. Food Business Review (11/16) LinkedInFacebookTwitterEmail this Story
  • Shoppers aim for half-plate of produce
    Asked which health-and-wellness guideline they try to follow, 66% of shoppers in an online poll said filling half their plates with fruits and vegetables. Concerns about sweeteners were top priorities for 13%, and choosing foods free from artificial ingredients was most important to 10%. Progressive Grocer (11/14) LinkedInFacebookTwitterEmail this Story
  Advertising & Marketing 
  • Skippy ties in with Spider-Man
    Skippy peanut butter is using a limited-edition label depicting "The Amazing Spider-Man" in a deal between the Unilever brand and Sony Pictures Home Entertainment, which has released the movie on DVD and Blu-ray. Skippy is also offering recipes with a Spider-Man theme. Progressive Grocer (11/15) LinkedInFacebookTwitterEmail this Story
  • PepsiCo CMO talks consumer insights
    Frank Cooper, chief marketing officer at PepsiCo, said the company is analyzing consumer-engagement data collected through mobile devices and social media sites. "We need to measure how people are becoming involved in brands, how people are advocating on behalf of brands," he said. "We're figuring out ways to synthesize the data we have." Advertising Age (tiered subscription model) (11/14) LinkedInFacebookTwitterEmail this Story
  Retail Spotlight 
  • Weis switches to eco-friendly meat trays
    Weis Markets is partnering with Clearly Clean Products on modified atmosphere packaging meat trays that are recyclable and contain 80% recycled plastic. "We are continually increasing our conservation efforts, providing recycling opportunities for both our associates and customers, and evaluating our store designs to meet with our standards for environmental leadership and stewardship," said Patti Olenick, Weis' sustainability manager. Progressive Grocer (11/15) LinkedInFacebookTwitterEmail this Story
  Health & Wellness 
  • Adults get 5% of calories from alcohol, CDC finds
    CDC survey data from more than 11,000 adults show while soda and other sweetened beverages make up about 6% of their calories, alcohol accounts for another 5%. Margo Wootan of the Center for Science in the Public Interest said while non-alcoholic sweetened beverages are a bigger health problem, she is concerned the Obama administration plans to exempt alcoholic drinks from proposed restaurant labeling regulations. Las Vegas Sun/The Associated Press (11/14) LinkedInFacebookTwitterEmail this Story
  GMA News 
  • GMA litigation webinar tackles current industry issues
    On Dec. 5, from 1-4 p.m. (EST), join GMA for the GMA Litigation Webinar: Current Issues and Trends in Social Media, Supply Chain Litigation and Foodborne Illness Litigation, which will address the following current food, beverage, and CPG industry litigation hot topics:

    (Not so) Social Media World and Food, Beverage and CPG Industry Claims Litigation
    This session will address how to avoid the traps and reap the benefits of the effective and rapidly expanding medium of social media. Topics will include determining best industry practices, the ease or difficulty in establishing internal procedures, and embracing change within your organizational culture.

    The Weakest Link: Supply Chain Resilience, Risk and Litigation
    This webinar will discuss how companies can address changing supply chain risks, including the evaluation of supply chains in light of global economic and legal environment changes; business and legal considerations in supply chain disputes; the availability of insurance and other financial products that address risks; the benefits of contractual indemnities and additional insured provisions; risks unique to international supply chains; and concrete suggestions for identifying and addressing weaknesses in a company’s supply chain.

    Looking at Recent Outbreaks and Recalls -- What can We Learn About Practical and Regulatory Attempts at Prevention?
    The Jensen Farms and Chamberlain Farms cantaloupe listeria and salmonella outbreaks are the latest outbreaks that highlight the continuing food safety issues that producers, manufacturers, retailers and their counsel face. This portion of the webinar will look at practical issues that have arisen from these and other recent outbreaks and recalls; discuss prevention by questioning whether new breakthroughs eliminate these outbreaks or are there limitations; and briefly touch on the regulatory attempts to address these food safety challenges.

    Register now. LinkedInFacebookTwitterEmail this Story
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One thing I am convinced more and more is true and that is this: The only way to be truly happy is to make others happy. When you realize that and take advantage of the fact, everything is made perfect."
--William Carlos Williams,
American poet and physician

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