Food Business News - September 13, 2011 - (Page 70)

Food Business in the News “If politicians of this world really want to tackle food security, there’s only one decision they have to make: No food for fuel. They just have to say ‘No food for fuel,’ and demand would balance again.” Peter Brabeck-Letmathe, chairman, Nestle S.A. “This is a call for brands to continue to move to a consumer-centric marketing model and away from mass-marketing thinking. Most of C.P.G. and (over-thecounter) marketing is built around measures of efficiency. This data would indicate we would be better suited to move toward looking at customer lifetime value and that real revenue growth could be found in small groups of consumers who offer infinitely higher revenue potential.” Todd Morris, executive vice-president of brand development for Catalina Marketing, discussing data that show consumer loyalty to specific brands is growing more fleeting. The Wall Street Journal Sept. 3, 2011 Advertising Age Sept. 7, 2011 “They snack at twice the rate of the balance of the population, and that usually takes place later on in the day, from 4 p.m. on. So, if I’m a restaurant that’s open late night, I’d be promoting more snack-related foods. A lot of them are in school and don’t have a lot of money, so price promotions are important and frequency diner cards appeal to them.” Bonnie Riggs, an analyst with the NPD Group, commenting on the food service dining habits of millennials, who she said are moving into their heavy food service-using years. “Every change is a battle with the food industry. The food label that we implemented — did it harm the food industry in any way? No. In fact, I’m sure they profited from it.” David Kessler, a University of California San Francisco professor and former commissioner of the Food and Drug Administration, discussing the challenges of making changes to the Nutrition Facts Panel on retail foods and beverages. San Diego Union Tribune Sept. 6, 2011 Associated Press Sept. 3, 2011 “The day of the gigantic megastore has come and gone. These big stores have far more space and selection than anyone can actually use. People are realizing it’s not that important to have 100 different varieties of olive oil.” Phil Lempert, a supermarket trends analyst, discussing the evolution of supermarkets. “If you were interested in doing your fiduciary duty, if you thought there was a higher value, then you’d sit down and discuss what that higher bid was. It’s frustrating because you’d like to know: ‘OK, do you have a price in mind, are we close?’” Bill Chappell, an analyst at SunTrust Robinson Humphrey, commenting on Ralcorp’s tight-lipped responses to ConAgra’s repeated offers to acquire the company. The New York Times Sept. 3, 2011 San Francisco Chronicle Sept. 5, 2011 70 FOODBUSINESS NEWS ® September27, 2009 October 13, 2011

Table of Contents for the Digital Edition of Food Business News - September 13, 2011

Food Business News - September 13, 2011
Kraft’s split on schedule
Nonfat dry milk prices drop as milk output rises
Shining a light on sugary drinks
Web Contents
Editorial - Preparing for the rising cost of fresh water
Private label products make gains in salad, sugar categories
Seaboard’s Rod Brenneman to lead Butterball
Limited avocado supply hurts Calavo earnings
PepsiCo outlines path for global snacks growth
F.D.A. initiates projects to trace foodborne illnesses
U.S.D.A. study shows food insecurity down from 2009
McCormick completes acquisition of Kamis
Leadership team set for Sara Lee’s CoffeeCo spin-off
Seneca, Allens terminate merger negotiations
Human milk components the focus of partnership
JBS shifting operations in Brazil
Dannon opens new innovation center
July red meat production down 4% from year ago
Aramark to acquire Filterfresh from G.M.C.R.
Tyson Foods to ramp up prepared foods output
McDonald’s investing $1 billion in Canada
Rowland Coffee integration on track at Smucker
Food trucks transitioning from fad to trend
Kraft’s split on schedule
Restructuring charges weigh on Campbell earnings
Starbucks K-Cup Portion Packs going to grocery stores
Sanderson Farms swings to loss in quarter
Nestle completes production unit for nutrition factory
Restaurant Performance Index falls beneath 100 to 11-month low in July
Washington - Shining a light on sugary drinks
Market Insight - Nonfat dry milk prices drop as milk output rises
Health and Wellness - School lunches get slimmer
Ingredient Innovations - Possible opportunity in immunity
Flavor Trends - Fire and flavor
New Product Trends - Expanding flavors and protein sources in jerky
New Food Products - Dannon introduces Activia Selects yogurt
New Food Products - Balance Bar launches nimble bar for women
New Food Products - Nestle introducing Nescafe LiquiFresh Gourmet Blend
New Food Products - New jerky from Jack Link’s uses Cholula Hot Sauce
New Food Products - Odwalla adds Super Protein Mango smoothie
New Food Products - Frito-Lay introduces Doritos and Cheetos Fiery Fusion
New Food Products - Burger King adds Quaker oatmeal to breakfast menu
New Food Products - Lifestyle Foods launching G2 snack line
INGREDIENT MARKET TRENDS - Winter wheat planting under way except in dry Southwest
Ingredient Markets
Supplier Innovations and News - Soy blend has texture characteristics of meat
Supplier Innovations and News - Sustainable palm oil certifi cation reaches Brazil
Supplier Innovations and News - Grain Processing Corp. promotes scientist
Supplier Innovations and News - Starches offer retort, freeze/thaw benefits
Supplier Innovations and News - Red Arrow launches pot roast fl avor
Supplier Innovations and News - Takasago names v.p. of consumer insight
Supplier Innovations and News - Honey, fig flavors join balsamic vinegar line
Ad Index
Food Business in the News

Food Business News - September 13, 2011