Snyder’s-Lance: New R&D center to support aggressive category-expanding innovation
A new research and development (R&D) center will enable Snyder’s-Lance to deliver category-expanding, innovative new products for 2013, its president and COO says.
Archives for February 15, 2013
Diageo tells FTC: ‘Help us cross US alcohol facts finish line’
Diageo tells BeverageDaily.com it welcomes a US Federal Trade Commission (FTC) recommendation that high-alcohol malt beverage brand Four Loko carry 'serving fact' information on some cans, but urges regulators to allow the wider alcoholic drinks industry...
Campbell Soup CEO disappointed by lackluster performance of V8 original vegetable juice
“Intense competitive activity in a sluggish shelf stable juice category” hit second quarter sales in Campbell Soup’s US beverage business, with revenues dipping 3% owing to the lackluster performance of V8 original vegetable juice, said bosses Friday.
Make use of deadline extension to comment on FSMA rules, consultant urges industry
Food consultant Ben England is urging food producers and importers to comment on two proposed rules issued by FDA under FSMA, and the agency has just made that easier by extending the comment period deadline.
NYC mayor declares war on packaging waste
New York City mayor Michael Bloomberg has vowed to clean up the streets of his city in more ways than one – proposing to slash food waste and ban Styrofoam packaging.
Buffett deal could pave way for sale of Heinz’s ‘troubled’ US frozen food business, analyst
The move to private ownership could make it easier for Heinz to do some spring cleaning, notably selling off its 'troubled' US frozen food business, said analysts as Heinz announced plans to sell up to Berkshire Hathaway and 3G.
Editor’s blog
Which 2 global health brands grew by $1bn in 2012?
Something probiotic? Omega-3? A diet cola? Nope.
Kraft Q4 sales hit as rivals offered cut price cold cuts and Mac & cheese
Kraft Foods Group expects to post weaker-than-expected fourth-quarter revenues, in part because it lost market share to rivals as competitors engaged in aggressive discounting on cold cuts and mac & cheese, said CEO Tony Vernon.