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Industry Roundup |
Packaged Food
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Confectionery & Sweet Snacks
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Mondelez announces plans for US$30M-plus expansion of its bakery factory in Herentals, Antwerp, Belgium; the expansion--set to be completed by early next year--will increase production capacity by 6,500 tonnes
MarketLine (04/13)
SunOpta says it's guiding sales to be just over US$1B in fiscal 2023, with management seeing potential for US$2B in sales in next five-to-seven years, driven by added capacity in plant-based dairy alternative, nutrition beverages, fruit snacks businesses
Food Business News (04/13)
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Savory Snacks
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Campbell Soup's Kettle Chips adds two flavors to its UK range: Sriracha Mayo and Dill Pickle & Jalapeno; both products will launch in sharing bags at Waitrose stores beginning in mid-April
Convenience Store (04/13)
Pringles announces limited-edition offering of new Pringles Minecraft Suspicious Stew crisps, in collaboration with Minecraft; in Minecraft's virtual world, suspicious stew is a virtual in-game food item that provides players with a status effect
ENP Newswire (04/13)
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Cereal Products
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Kellogg announces launch of new Kellogg's Rainbow Krispies cereal, marking the company's first fruity cereal; product available in 11.1 and 17.8 oz. boxes
Kellogg Co. (04/13)
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Bakery / Baked Goods
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McCain Brazil to purchase a 51% stake in Forno de Minas, which has cheese bread as one of its main products, assuming control of the company; purchase price not disclosed, McCain has held a 49% stake in Forno since 2018
CE Noticias Financieras (04/13)
Tesco looking to lower its price for sliced bread as the costs of ingredients including grains and oil start to come down; Tesco cut the price of milk earlier this week
The Daily Telegraph (04/13)
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Frozen Food
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Nestle launches line of new Lean Cuisine Balance Bowls, aimed at helping people manage blood sugar levels; product line has four options: Tex-Mex Rice and Black Beans; Lemon Garlic Shrimp Stir-Fry; Roasted Eggplant Parmesan Pasta; Creamy Pasta Primavera
Nestle SA (04/13)
Mother Dairy launching more than 15 new products for the summer, including ready-to-eat custard, cold coffee and more than 10 ice cream variants
Food & Beverage News (04/13)
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Dairy Products / Dairy Alternatives
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Half of environmental impact of supermarket packaging stems from beers, wines, spirits, non-alcoholic drinks, dairy and sauces, while pasta, noodles and rice aisle has lowest impact, according to IGD report based on an environmental 'heat map' of a store
Grocer (04/13)
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Packaged Foods
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Wellness Natural USA recalls SimplyProteins Peanut Butter Chocolate Crispy Bars sold in 15-count variety packs because it may contain undeclared cashews; the product was distributed in Costco stores across the US
TAPinto.net (04/13)
Study identifies eight substances that universally contribute to meat odor, as well as five substances that contribute to the characteristic aroma of different species; results help to understand the regulatory mechanism of the aroma quality of meat
LWT - Food Science and Technology (04/13)
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Food Services
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Quick Service Restaurants (QSR)
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Taco Bell testing new Cali Steak Grilled Cheese Burrito and new Steak & Bacon Grilled Cheese Burrito at select locations in Ohio cities of Cleveland and Akron; Cali Steak burrito features Nacho Fries, steak, nacho cheese sauce, fiesta strips, tomatoes
Chew Boom (04/13)
CVC Capital Partners reportedly considering selling its 21% stake in QSR Brands--the Malaysian operator of KFC and Pizza Hut restaurants in southeast Asia--after multiple attempts by the regional fast-food franchise operator for a domestic listing
The Business Times (04/13)
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Fast-Casual Restaurants
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Sweetgreen announces limited-time offering of new Boia De Bowl, described as a 'savory Italian-inspired salad,' in collaboration with Michelin starred chefs Luciana Giangrandi and Alex Meyer; menu item available at Sweetgreen's south Florida locations
Business Wire (04/13)
Sweetgreen to Announce First Quarter 2023 Results on May 4, 2023
Business Wire (04/13)
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Restaurants
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Taco Bell announces limited-time return of its Beefy Crunch Burrito beginning in early August after rewards members voted narrowly in favor of bringing back the menu item over Cool Ranch Doritos Locos Tacos
Chew Boom (04/13)
Taco Bell announces limited-time offering of new California Breakfast Crunchwrap, featuring eggs, hash browns, bacon, diced tomatoes, cheddar cheese and guacamole, wrapped in a warm tortilla
USA Today Online (04/13)
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Beverages
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Drinking Water
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Hyatt luxury lifestyle hotel Andaz Delhi to phase out single-use plastic water bottles; Andaz is partnering with Boon, which specializes in monitoring water quality, hydration delivery and uses AI, IoT to dispense purified drinking water in glass bottles
HospitalityBiz (India) (04/13)
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Carbonated Soft Drinks
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Del Taco announces limited-time offerings of four new US$5 Del's Deal Value Meals, featuring Crispy Chicken Taco, Grilled Chicken Taco, Bean & Cheese Burrito, Snack Queso Quesadilla, or Snack Taco along with fries and a small drink
Globe Newswire (04/13)
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Beer
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Heineken to stop shipping its draught products to five US states--Montana, Wyoming, Vermont, North Dakota and South Dakota--for the next 12 months as it looks to 'streamline' operations in the regions
just-drinks.com (04/13)
Constellation Brands books impairment charge of US$66.5M on its craft beer business as the company filed its Q4 financial results
MarketLine (04/13)
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Non-Alcoholic Beverages
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PepsiCo Chief Human Resources Officer Ronald Schellekens Set To Retire
Businessworld (India) (04/13)
Coca-Cola Europacific Partners launches employee-led online platform that suggests learnings, connections, internal vacancies and networking opportunities based on employees’ individual profiles; platform available to over 15,000 employees in Europe
Coca-Cola Europacific Partners (04/13)
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Alcoholic Beverages
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Boston Beer announces launch of new Slingers Signature Cocktails, a range of malt-based, cocktail-style drinks available in three flavors--Bahama Mama, Peach Screwdriver and Pineapple Punch--in 24 oz. cans
PR Newswire (04/13)
Mountain Dew registers the name 'Hard Mtn Dew' in the UK, sparking speculation that company will eventually offer its hard beverage in the country after debuting the malt-based drink in the US in February 2022
Grocer (UK) (04/13)
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Pet Care Market
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Pet Food
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CULT Food Science partners with JellaTech for animal-free collagen in pet foods; new ingredient to be featured in CULT's upcoming Indiana Pets brand, which offers eco-friendly, premium nutrition for senior and active dogs
Vegconomist (04/13)
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Pet Care Services
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Four Seasons Resort Punta Mita in Mexico launches pet-friendly Paws for All Seasons program, which offers activities, amenities for families and dogs; offerings include a dedicated pet menu, which features chicken and beef, pet sitting and dog walking
ENP Newswire (04/13)
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Cosmetic Industry
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Cosmetics
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UK indie brand Beauty Kitchen unveils Coffee Colab, a collective of five specialist B-Corps collaborating on upcycled beauty concepts using coffee waste; collective has developed four prototype beauty products--a serum, moisturizer, face mask and balm
CosmeticsDesign.com (US) (04/13)
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Beauty Retail
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French design house Lolita Lempicka debuts two of its core fragrances at JCPenney Beauty, both housed in apple-shaped bottles; Mon Premier fragrance has blend of cherry, licorice and violet, while So Sweet contains cherry, mandarin orange, raspberry leaf
Happi (04/13)
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Personal Care
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Soaps, Bath & Shower Products
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Dial Body Wash recognized as 2023 Product of the Year USA Award winner, voted Most Innovative in the Body Cleaner Category; awards determined through national study of 40,000 American shoppers in partnership with Kantar
PR Newswire (04/13)
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Grooming & Shaving Products
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Men's grooming brand Manscaped partners with German football club SV Wehen Wiesbaden, becoming club's official male grooming partner
Personal Care (04/13)
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Wipes / Towelettes
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Monarch Brands agrees to merger with Hospeco Brands, expanding Hospeco's offerings of wiping and microfiber products; Monarch Brands is a Philadelphia-based manufacturer of professional wipes and linens
States News Service (04/13)
Glatfelter to showcase newest product offerings at Index23 in Geneva on April 18-21; products to include Sontara EC Green cellulosic wipes, GlatPure biobased and absorbent hygiene components, Sontara Silk facial mask which is biodegradable, compostable
Globe Newswire (04/13)
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Personal Care
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Bath & Body Works Named One of ‘America’s Greatest Workplaces for LGBTQ+ Employees by Newsweek
3BL Media (04/13)
Helen of Troy Announces April 26 Earnings Release Date, Conference Call, and Webcast for Fourth Quarter and Fiscal Year 2023 Results
Personal Care (04/13)
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Household Products
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Disinfecting / Decontamination Technology
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Applied UV will install its PURONet UV Disinfection Control + PURO Protect System in 16 operating rooms at the University of Texas, San Antonio hospital, as part of renewed agreement with mfPHD
Business Wire (04/13)
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Household Products
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Anecdote Candles releases exclusive collection with Barnes and Noble; collection includes six candles inspired by book genres, tropes and characters
Happi (04/13)
Chinese home appliance maker Midea holds groundbreaking for new plant in Brazil, its third in the country; new factory will have total investment of US$101.8M, expected to begin operation in July 2024 with annual production capacity of 1.3 million units
China Daily: Hong Kong Edition (04/13)
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Consumers
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Consumer Economics
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Citi finds US luxury spending in March fell to lowest monthly rate in nearly three years, down 18%, as younger shoppers who drew on savings during lockdowns are now under pressure from rising prices; HSBC calls US 'biggest bear story' in luxury sector
Reuters (04/13)
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Consumer Health & Wellness
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Researchers from France determine a one-hour skin care facial can induce cerebral, cardiac, and skeletal muscle relaxation and drives positive emotions versus a period of resting; brain relaxation was most notably improved following the one-hour facial
CosmeticsDesign.com (US) (04/13)
AstraZeneca launches Africa Health Innovation Hub, focusing on AI-driven education, early diagnosis, technology, and data generation through partnerships with Tricog Health and Medsol AI
African Press Organization (APO) (04/13)
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Stock
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Latest: Apr, 13 2023
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Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
Anheuser-Busch InBev NV (ABI) :EBR
|
58.64
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60.61
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-3.25%
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8.65%
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Asahi Group Holdings Ltd. (25020) :TYO
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4,870.00
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4,940.00
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-1.42%
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8.83%
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Campbell Soup (CPB)
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55.32
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55.36
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-0.07%
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20.76%
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Clorox (CLX)
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158.95
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157.23
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1.09%
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9.33%
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Coca-Cola Company (KO)
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63.15
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62.69
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0.73%
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-2.44%
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Danone SA (BN) :EPA
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58.94
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59.15
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-0.36%
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13.50%
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Diageo plc (DGE) :LON
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3,676.00
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3,659.00
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0.46%
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-7.30%
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General Mills (GIS)
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86.95
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87.01
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-0.07%
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23.02%
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Kao Corp. (4452) :TYO
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5,305.00
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5,292.00
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0.25%
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6.85%
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Kellogg Company (K)
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67.85
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68.37
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-0.76%
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-0.16%
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Kirin Holdings Co. (25030) :TYO
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2,108.50
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2,127.50
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-0.89%
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18.26%
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L`Oreal (OR) :EPA
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412.15
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417.15
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-1.20%
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13.96%
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Nestle SA (NESN) :VTX
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112.94
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113.42
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-0.42%
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-8.06%
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Procter & Gamble (PG)
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151.77
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151.07
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0.46%
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-4.82%
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Unilever plc (ULVR) :LON
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4,292.00
|
4,297.00
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-0.12%
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25.06%
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