Food Business News - October 21, 2014 - (Page 1)

October 21, 2014 FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Wal-Mart focused on 'endless' aisles BENTONVILLE, ARK. - Wal-Mart Stores, Inc. is stepping up its commitment to e-commerce. The Bentonvillebased retailer said it expects capital spending for fiscal year 2016 to range between $11.6 billion and $12.9 billion, including $1.2 billion to $1.5 billion for e-commerce and digital initiatives. The total forecast is below the projected capital spending of $12.5 billion to $13 billion for fiscal 2015, due in large part to the change in mix of spending toward more digital growth and a moderation of physical store growth. "This is an exciting time for WalMart, as there are so many new ways Continued on Page 10 Increasing tea consumption fter water, tea is the most widely consumed beverage in the world, with almost all users other than Americans drinking the beverage hot. Iced tea is considered a U.S. phenomenon and one that has been growing in popularity since the debut of Snapple in 1980. Retail dollar sales of ready-to-drink (R.-T.-D.) tea have slowed this past year compared to the double-digit growth of the past decade, according to "Tea and ready-to-drink tea in the U.S, 5th edition" from the market research firm Packaged Continued on Page 38 A steady growth Story on Page 26 G.M.O. labeling initiatives back in the spotlight s the mid-term elections approached, voters in Oregon and Colorado considered arguments for and against ballot initiatives that would require the mandatory labeling of foods containing A bioengineered ingredients. The ballot initiatives are similar to those that failed in California in 2012 and Washington in 2013 and to legislation passed by the Vermont legislature last spring that currently is the subject of a lawsuit brought against the state by the food industry. As the Nov. 4 elections drew near, money from labeling proponents and opponents streamed into the two states as each side sought to make its case. This has become familiar ground. Grassroots activist organizations supported by organic farming interests and national opponents of bioengineering gather the required number of signatures to get the initiative on the ballot, and the fight is on. In Oregon, initiative proponents and Continued on Page 24 ®

Table of Contents for the Digital Edition of Food Business News - October 21, 2014

Food Business News - October 21, 2014
Wal-Mart focused on ‘endless’ aisles
G.M.O. labeling initiatives back in the spotlight
Beverage Business News - Increasing tea consumption
Table of Contents
Web Contents
Editorial - Viewing transparency as an opportunity
Danone looks to shake up yogurt category
Post makes management, business changes
Innovative Food Holdings acquires Organic Food Brokers
Robert Cantwell to lead B&G Foods as c.e.o.
Ingredion to acquire Penford
Atlantic Natural acquires brands from Kellogg
Innovation sizzling at McCormick & Co.
ADM to acquire Specialty Commodities Inc.
Six solutions for C.P.G. survival
PepsiCo’s three keys to growth
Diamond Foods investing in innovation center
Market Insight - Grain harvest moving at a slower than normal pace
Company Profile - Chasing steady growth at ConAgra Foods
Health and Wellness - Structure and function
Ingredient Innovations - Smooth sailing
New Food Products
Ingredient Market Trends - Slow recovery from historically tight soybean supplies
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - October 21, 2014