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| March 10, 2010 |
Stonyfield CEO: Green is good
Gary Hirshberg, CEO of Stonyfield Farm, said businesses that reduce their carbon footprint stand to benefit financially. "Running a green business is not just an ethically and environmentally responsible activity," he said. "It is the basis for economic growth in the 21st century." The Salt Lake Tribune (Utah) (3/8)
Weed promoted to expanded Unilever CMO job
Keith Weed, most recently executive vice president in charge of home care, oral care and water brands for Unilever, has been named chief marketing officer, effective April 1. The role has been expanded to include communications, and Weed will also join the executive board. Adweek (3/5)
BelGioioso Cheese secures grant for facility
BelGioioso Cheese will receive a $339,000 grant to extend water and sewer lines to a plant it is building in Wisconsin. The facility, slated for completion in summer or fall, will include offices, packaging and a distribution center. Green Bay Press-Gazette (Wis.) (3/5)
Florida Mall to get co-branded Cold Stone store
A co-branded store combining Cold Stone Creamery and Rocky Mountain Chocolate Factory will open in the Florida Mall in Orlando. Dattani Management, franchisee of five Central Florida Cold Stone Creamery stores, is closing one location and opening the one in the mall. American City Business Journals/Orlando, Fla. (3/8)
Report: Shoppers go from store to store for savings
More than half of U.S. consumers shop at 10 or more retail locations to find the best prices on consumer goods, says a trend report from Information Resources. The report also says CPG companies should develop strategies to combat the growing popularity of private label products. CandyAndSnackToday.com (3/10)
Report sees recovery led by Gen Y
Members of Generation Y, not baby boomers, have money to spend and will end the recession with their purchases, says a report from PricewaterhouseCoopers and Retail Forward. Companies must become adept at reaching this group, which uses technology such as mobile applications and price-comparison Web sites to find bargains. MediaPost Communications/Marketing Daily (3/9) Progressive Grocer (3/9)
Jones Soda ready to be purchased by Reed's
Seattle-based Jones Soda appears to be on the verge of being acquired by Los Angeles-based Reed's for about $10.1 million. Jones CEO Joth Ricci, who will resign April 2, said the merger "provides Jones Soda an improved platform from which to capitalize on its future prospects." The Seattle Times (3/9)
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Lactalis to acquire dairy unit from Ebro Puleva
Lactalis, the largest dairy group in Europe, will buy the dairy unit of Spanish food company Ebro Puleva. The Spanish firm also recently sold its sugar business, leaving it with pasta and rice. Reuters (3/8)
Small dairy producers in Alaska seek exemptions
Small-scale dairy farms in Alaska say they should be exempt from proposed food-safety regulations. One producer said farms generating fewer than 10 gallons of milk a day ought to be allowed to sell milk and cheese directly to consumers. Bloomberg Businessweek/The Associated Press (3/9) Fairbanks Daily News-Miner (Alaska) (3/9)
Utah Senate clears $12 million loan program for dairy, turkey industries
The Utah Senate on Monday approved a $12 million low-interest loan program for dairy and turkey farmers. The bill was introduced in a bid to address financial challenges driven by soaring feed costs and low prices of products in both industries. The Salt Lake Tribune (Utah) (3/8)
International Dairy Show offers premium services to exhibitors
Exhibitors at the 2010 International Dairy Show can generate more preshow excitement around their booths by upgrading their listings on the show Web site, dairyshow.com. With a silver or gold upgrade, exhibitors will be able to upload press releases, post product information with images and take advantage of an expanded print listing in the show's Program & Exhibit Guide. The 2010 International Dairy Show, presented by IDFA, will be held Sept. 13 to 15 at the Dallas Convention Center.
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