Unilever rejects $143 billion bid, saying it 'fundamentally undervalues' the company
LONDON and CHICAGO -- Unilever has rejected a $143 billion purchase offer by Kraft Heinz, which would have been the largest takeover ever in the food or beverage industry. A successful bid would have created a consumer-goods giant with brands such as Dove and Heinz ketchup under the same umbrella...
Congressmen regroup on Cole-Bishop Amendment to ease FDA rules
WASHINGTON -- Two Republican congressmen have regrouped in their effort to ease FDA regulation around new tobacco products and vaping back on track. Congressmen Tom Cole (Oklahoma) and Sanford Bishop (Georgia) introduced legislation on Feb. 16 to amend the U.S. Food and Drug Administration’s (FDA)...
What's holding back global candy sales growth?
PORTLAND, Ore. -- Despite the buzz around better-for-you products, convenience-store customers are still looking to satisfy their indulgent cravings. Because of this and other cross-channel candy consumerism, the global confectionery market, which was valued at $184 billion in 2015, is projected to...
Celebrity endorsements, holiday activations and a first effort to establish a brand identity loom large in four significant marketing campaigns launched by beverage brands this month
These convenience stores are taking foodservice to the next level
Members of Generation Z reveal their top convenience retailers in a recent survey from Technomic’s Consumer Brand Metrics database
Grocery industry aligns with manufacturers to standardize wording
New product trends include everything from turmeric to matcha