Food Business News - August 25, 2015 - (Page 1)

FOODBUSINESS NEWS August 25, 2015 NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Food in Target's bull's-eye MINNEAPOLIS - The key ingredient for higher sales at Target is food, according to the company's executives. The retailer is in the process of repositioning its food offerings with an eye to consumer trends and insights. "We've got work to do on food, but when we reinvent food and get the assortment right there and improve the presentation, I think that gives us all great confidence that we're going to continue to drive traffic to our stores, and that's going to convert to really solid and sustainable comps," said Brian Cornell, chairman and chief executive officer of Minneapolis-based Target Corp., during Continued on Page 10 Putting Nestle's priorities in perspective inancial disciplines introduced at Nestle S.A. when Wan Ling Martello served as the company's chief financial officer will be expanded still further, said her successor, Francois-Xavier Roger. Mr. Roger, who joined Nestle as c.f.o. on July 1, spoke with investment analysts Aug. 13 in connection with the company's financial results for the first half of 2015. In addition to offering his perspective on Nestle's solid financial performance amid a dizzying mix of global economic challenges, Mr. Roger was asked by an analyst to discuss what he expects will be the focus of his tenure. With an eye toward maintaining sustainable and profitable growth for the Continued on Page 31 Building a 'clean' beverage Story on Page 42 F Changing purchasing patterns - It's not just millennials COLORADO SPRINGS, COLO. - Shifts in consumer purchasing patterns the food and beverage industry is experiencing are broader and more pervasive than most industry executives imagine, according to research conducted by Deloitte Consulting for the Food Marketing Institute and the Grocery Manufacturers Association. Attendees of the G.M.A.'s Leadership Forum, held Aug. 14-16 in Colorado Springs, were given a preview of the research project's results, which is scheduled to be released in September. The bottom line is the food and beverage industry, as well as the entire consumer packaged goods category, is in the midst of dramatic change, and that change is consistent across age ranges, regions of the country and income levels. "It's bigger than you think," said Tom Phillips, director of Deloitte Consulting, during Continued on Page 16 ®

Table of Contents for the Digital Edition of Food Business News - August 25, 2015

Food Business News - August 25, 2015
Food in Target’s bull’s-eye
Company Profile - Putting Nestle’s priorities in perspective
GMA Leadersip Forum - Changing purchasing patterns – It’s not just millennials
Table of Contents
Web Contents
Editorial - The challenge of regaining consumer trust
ConAgra hires chief growth officer
Wal-Mart to strengthen ties between on-line and off-line worlds
Hain Celestial progressing toward 2020 annual sales target
U.S. market for meat snacks continues to evolve
Kraft Heinz to eliminate 2,500 jobs in U.S., Canada
WhiteWave Foods acquires organic yogurt brand
GMA Leadership Forum - An insider’s guide to working with Amazon
Click and collect: The next big wave
Different options for national G.M.O. labeling
Quincey to president and c.o.o. at Coca-Cola
Single-serve coffee jolts TreeHouse Foods
SunOpta acquires fruit snack maker
Market Insight - Forecasts in flux
Washington - Senate champions sought for G.M.O.-labeling bill
Health and Wellness - Sports nutrition and health
Ingredient Innovations - Formulating to K.O. cavities
Beverage Business News - Building a 'clean' beverage
Panera extends ‘clean’ commitment to beverages
New Food Products
Ingredient Market Trends - Statistics Canada forecasts smaller wheat and canola crops
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - August 25, 2015