The same consumer and marketplace trends buffeting food and beverage manufacturers are challenging investors seeking to identify acquisition targets.
Premium Brands will acquire Oberto Brands, a Kent, WA-based maker of beef jerky and protein snacks. The agreement includes all of the assets and operating divisions of Oberto.
C&D Fruit and Vegetable Co. Inc. and Trio Farms LLC are looking for a buyer, after filing for Chapter 11 bankruptcy. The companies sell produce under the Berry Fine, Dover Classics and North River Vegetables brands.
IRI’s 22nd annual New Product Pacesetters report provides an industry-recognized benchmark analysis of exceptional first-year CPG sales success for newly launched products, recognizing top performers in food and beverage, non-food and convenience store sectors. The latest report offers detailed insights into the top new product launches for 2017 and how they have been able to achieve success.
Report –> New Product Pacesetters 2017
Sauces, dressings and marinades may be considered the tip of the flavor spear. They give product developers the capability to create new flavors that may be easily executed across a variety of applications.
The fresh food section of the store has been driving big sales growth in recent months. But while items like salad and vegetables are fostering a good portion of that growth, the fresh seafood section could use a pick-me-up.
Some 58% of US consumers name taste as the most important factor in their bread purchases, outranking price, flavor, shelf life and ingredients in a recent study by Comax Flavors. In the sliced bread category, however, price was the top driver of bread purchases, the study noted.
Of all the ways Walmart Inc. will do battle with Amazon.com Inc., I suspect none will be more important than their face-off in the grocery business.
Albertsons Cos. has reported its strongest fiscal fourth quarter since its acquisition of Safeway more than three years ago, as well as a healthy 2017 that saw rises in overall and comparable-store sales.