Mars is working to double in size over the next decade via a combination of expanding its existing brands and making acquisitions, said CEO Grant Reid. "Our vision is to keep our privately held company forever," he said.
Thai Coconut Peanut, Mexican Jalapeno Peanut and English Toffee Peanut M&M's will hit retail shelves this month as part of the brand's latest Flavor Vote campaign, which runs through mid-May. The winning M&M's flavor will be revealed in August.
Cholula, Frank's RedHot and Huy Fong Foods Sriracha are the three most popular hot sauces in the US, based on Instacart data. Also ranking high on the list were Tabasco, Tapatio and Texas Pete, the report said.
Nestle, Procter & Gamble, Unilever and other CPG companies are working to expand their subscription services. The subscription market is increasing by more than 17% annually -- a faster rate than the overall online channel, said Burt Flickinger of Strategic Resources Group.
Webinar: 6 Food News Consumers You Need To Know Hunter Public Relations has released its annual Food News Study examining 2018's top food news and the impact on consumers. In this webinar, learn how consumers segment into 6 key groups based on the manner in which they engage with food news and information. Additionally, find out how these segments are fundamentally shifting over time. Register here.
Most Clicked: Take a look at this week's hottest food and beverage industry stories with SmartBrief
Product launches from Bush's and Bob's Red Mill topped this week's list of food-and-beverage stories. The introduction of Coca-Cola's Bar None brand and the debut of skillet kits from Hershey and Reese's were also popular among SmartBrief readers.
Bridging Grocery’s Digital Divide Digital influences more than half of grocery sales, and collaboration between manufacturers and retailers is essential to winning today's consumer. Learn about what's driving changing shopper behavior and which strategies are key to succeeding in today's digital, omnichannel marketplace. Download Deloitte's free report.
PepsiCo is bringing Bubly to the Super Bowl for the first time, and the beverage brand's spot for the Feb. 3 game will feature singer Michael Buble. In the humorous ad, Buble aims to tweak the drink's spelling so it more closely matches his last name.
Human Design worked with new wellness brand Ladder to create one 60-second anthem and eight 30-second videos starring the brand's co-founders: Cindy Crawford, LeBron James, Arnold Schwarzenegger and Lindsey Vonn. "Each founding celebrity is heavily invested in the product's efficacy and benefit for people who use it," said John Weiss, chief creative officer of Human Design.
Grocery shoppers are visiting center-store aisles less often, but more than 99% of shoppers still made purchases in the category in 2017, and 81% of shopping carts included at least one item from the center store, according to a report from Catalina. Center-store success hinges on meeting consumer demand for new food experiences and fresher, healthier options, said Marta Cyhan, Catalina's head of marketing.
Target will add about 30 items, among them diapers and wipes, to its private-label Cloud Island line, starting Sunday. Parents with kids at home have historically spent more at Target, and there had been significant customer overlap with Babies R Us before that chain closed last year, Chief Merchandising Officer Mark Tritton said.
As the government shutdown lingers with no end in sight, the chorus of concern over food safety grows. But how concerned do Americans need to be over what's in their shopping carts? Learn about the implications for consumer confidence in food safety and government.
About 150 food inspectors are returning to work without pay for the Food and Drug Administration to check on higher-risk foods despite the partial government shutdown, the agency said Tuesday. Among the duties to be re-established is the inspection of imported food items.