Food Business News - June 18, 2013 - (Page 26)

Target delves deeper into organics MINNEAPOLIS — Target Brands, Inc. looks to build its grocery business with the launch of Simply Balanced, a new food line within its existing Archer Farms store brand portfolio. The Simply Balanced launch is part of Target’s larger effort to boost organic food selection by 25% by 2017 and eliminate all bioengineered ingredients from the line by the end of 2014. At launch, 40% of the items are organic and three-quarters are bioengineered free, the company said. The Simply Balanced line offers nearly 250 products across snacks, pasta, beverages, frozen seafood, dairy and cereal. The products range in price from $1 for water to Increase Fiber and Functionality FEATURES: À Friability Index Improvers À High Fiber Binders/ Hydrocolloids À Texturizers À Source of Soluble & Insoluble Fibers À Conventional & Organic APPLICATIONS: À À À À À À À Baked & Fried Goods RTE Cereals & Snack Foods Meats Beverages Pastas Tortillas Low Carb/High Fiber Products Available in either conventional or organic form, Grain Millers provides you with your lowest cost fiber solution. Improve your yields, extend your products shelf life and/or enjoy a myriad of functional benefits when using Grain Millers’ Oat Fiber. Grain Millers’ Oat Fiber is the first natural (non chemically treated or refined) oat fiber designed to provide food processors with a labelfriendly ingredient. For information, technical support or to learn more about Grain Millers’ family of products, please call (800) 443-8972. ® 315 Madison Street • Eugene, OR 97402 • 1-800-443-8972 • 541-687-2155 Fax Or visit us at 26 FOODBUSINESS NEWS ® $14.99 for seafood. Key nutrition attributes are highlighted on the front of Simply Balanced packages to help consumers find the products that meet their individual nutrition goals and wellness lifestyle needs. Target said the new Simply Balanced line is replacing two subsets of the Archer Farms brand: Archer Farms Simply Balanced and Archer Farms Organic. “Many of guests’ favorite products from those labels will now be included in the Simply Balanced collection, along with delicious new food products,” the company said. “We know many of our guests are increasingly seeking to add wholesome and organic food options to their wellness lifestyle, inspiring us to introduce a new collection where guests can find these attributes in one place.” The launch comes three years after Target introduced Archer Farms Simply Balanced in June 2010. The Archer Farms Simply Balanced products met certain criteria that were labeled on the front of packages, including a maximum of 30% calories from fat, a maximum of 10% calories from saturated fat, 0 grams of trans fat, a maximum of 25% of calories from added sugar, and no artificial flavors, synthetic colors or artificial sweeteners. FBN PepsiCo hires chief marketing officer PURCHASE, N.Y. — Kristin Patrick has been named global chief marketing officer for the flagship Pepsi-Cola brand at PepsiCo, Inc. Ms. Patrick will be responsible for driving global positioning, consistency and innovation for the brand. Ms. Patrick most recently was chief marketing officer at Playboy Enterprises. She will report to Brad Jakeman, president for PepsiCo’s global beverages group. Ms. Patrick succeeds Salman Amin, who left the company earlier this year to become chief operating officer of S.C. Johnson’s North American business. FBN June 18, 2013

Table of Contents for the Digital Edition of Food Business News - June 18, 2013

Food Business News - June 18, 2013
Diamond Foods challenged by walnut supply and Emerald relaunch
Market Insight: Mid-year commodity outlook
Fruitful ice cream options
Table of Contents
Web Contents
Editorial - Proposed SNAP cuts will be felt throughout the food sector
Flavored milk to grow at double the rate of white milk
Smucker exits bulk coffee, remains bullish on K-Cups
C.e.o. in unsolicited takeover bid for Dole
Heinz acquisition completed, new c.e.o. takes over
Mondelez to offer coffee pods compatible with rival’s system
Tyson Foods expands prepared foods portfolio with acquisition
Nielsen honors Breakthrough Innovation winners
Taco Bell taking charge of breakfast
Expanded breakfast helps lift McDonald’s May sales
McCormick & Company sees growth ahead from innovation and acquisitions
Wal-Mart doubles-down on fresh produce promise
Morningstar buy may be just the beginning for Saputo
Target delves deeper into organics
PepsiCo hires chief marketing officer
Wenner sees winner in Pirate Brands acquisition
Single-serve coffee' harbinger of things to come at TreeHouse'
Washington - Senate passes farm bill, stage set for debate over SNAP cuts
Sports Nutrition - Improved performance
Ingredient Innovations - Diverse Dynamos for Digestion
I.F.T. to convene in Chicago
New Food Products
Ingredient Market Trends - Imports from Mexico send U.S. sugar stocks to record highs
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - June 18, 2013