Browsing Archive: October, 2009
Posted by Turgut Ziyal on Thursday, October 29, 2009,
In :
confectionery
NCA announces the debut of a new magazine and Web site designed exclusively to meet the needs of candy and snack retailers and wholesalers
The National Confectioners Association has released the premier issue of Candy & Snack TODAY, a new bi-monthly industry magazine serving as the voice of the industry to the retailer, wholesaler and entire customer community.
Candy & Snack TODAY includes features and columns covering success strategies from key professionals in the confectionery and snac... Continue reading ...
Posted by Turgut Ziyal on Thursday, October 29, 2009,
In :
labelling
In response to an Oct. 20 open letter from FDA, the Smart Choices Program, Washington, D.C., announced that it will "voluntarily postpone active operations and not encourage wider use of the [Smart Choices] logo by either new or currently enrolled companies."
Introduced in August, the Smart Choices program was developed, in part, to respond to earlier governmental calls for more uniform, front-of-packaging labeling. It used a green check-mark label "to help shoppers easily identify smarter ... Continue reading ...
Posted by Turgut Ziyal on Thursday, October 29, 2009,
In :
retail
A new report from Atlanta-based retail consulting firm Miller Zell says the poor economy has made shoppers more "marketing-resistant," forcing retailers to ramp their in-store merchandising campaigns up a notch.
In “The Elements Report,” third in a series of articles based on a larger report, “Gone in 2.3 Seconds: Capturing Shoppers with Effective In-Store Triggers,” the company noted that, although more consumers than ever are heading to the store armed with a shopping list, decisi... Continue reading ...
Posted by Turgut Ziyal on Thursday, October 29, 2009,
In :
beverages
AMSTERDAM: Heineken, Europe's biggest brewer, plans to continue "investing in its key brands" in an effort to drive growth, but is also hoping to achieve greater marketing "efficiencies" as part of its broader cost-cutting programme. During the last quarter, the world's third-biggest beer manufacturer saw its revenues fall from €4.24 billion to €4.07bn ($6.2bn; £3.8bn) on an annual basis, with organic volumes down by 4.7%. More specifically, like-for-like volumes declined by 4.6% in Europe... Continue reading ...
Posted by Turgut Ziyal on Thursday, October 29, 2009,
In :
Marketing
What does the worldwide, technologically enabled drive for conversations mean for marketers? It means you're no longer marketing products or services -- you're marketing conversations. It means marketing-communication planning should be driven by a conversation strategy.
The right conversation strategy answers two big questions: What meaningful content will attract sufficient conversations with the right people? And, how will you jump-start conversations and keep them alive?
If you like to ... Continue reading ...
Posted by Turgut Ziyal on Thursday, October 29, 2009,
In :
private label
Private label is at something of a crossroads. Rising out of the shadows of its humble, “no-name” generic past, private label today has blossomed into a $100 billion industry. While the media and analysts are fixated on sales numbers and growth expectations another story frequently gets little air play: Private label has the freedom (and not the baggage) to seize opportunities to leapfrog name brands in such critical areas as ingredients, flavors, preparations and even packaging. This is a... Continue reading ...
Posted by Turgut Ziyal on Thursday, October 29, 2009,
In :
food news
Todd Stitzer, chief executive of Cadbury, will this week face pressure from shareholders to prove that Britain's favourite chocolate manufacturer can deliver strong growth as an independent company, as a renewed takeover bid from US food giant Kraft looms.
Danone said it was prepared to spend a total of GBP 915m on acquisitions as the world’s largest yoghurt maker reported better than expected third-quarter sales and confirmed full-year guidance. Nestle, said it is even "leaner, fitter and ... Continue reading ...
Posted by Turgut Ziyal on Monday, October 26, 2009,
In :
confectionery
Confectionerynews.com has published a research about the functional chocolate market. Herebelow I am quoting some basic facts from this research about the size of the market, to read the whole research you can use the links given at the end of this posting:
Chocolate is big business. Market researcher, Euromonitor, puts the market at $100bn and notes the rise of dark and premium chocolate that is boosting the category but remains at little more than a few per cent with the bulk of the growth c... Continue reading ...
Posted by Turgut Ziyal on Monday, October 26, 2009,
"Now You Are Cooking!"
It is Monday morning. Does this describe you? Instead of looking forward to the week, you are looking forward to Friday. You may actually dread the work week so much that the negativity spills over into your personal life. The interesting thing is that you may like your job, or most aspects. It may seem as if there is a perpetual cloud hanging over you as you start your day or some aspect of the job.
What is missing from your emotional life? It may be that you need a ... Continue reading ...
Posted by Turgut Ziyal on Saturday, October 24, 2009,
In :
Marketing
Data sourced from PR Week, Procter & Gamble, Coca-Cola; 23 October 2009
NEW YORK: Coca-Cola, the soft drinks giant, and Procter & Gamble, the FMCG company, are both turning to consumers in an effort to promote their products, having announced separate competitions to find bloggers who will produce and share information about their brands. As previously reported, Coke has stated its intention to adopt a "far more aggressive digital presence" in the future, while P&G has also increased its outp...
The recession changes habits
him!’s latest Recession Track study reveals some optimistic signals which suggest consumers are starting to feel that the worst is over. Compared to 6 months ago.
Fewer consumers say that they are planning to buy more retailers’ value own label products in the next 12 months.
The % of consumers who will be shopping around for the best promotions MORE in the next 12 months, has decreased.
Fewer consumers are planning to set a weekly budget.
Only 37% o... Continue reading ...
Data sourced from Bloomberg, Reuters, Daily Telegraph; additional content by Warc staff,
15 October 2009
LONDON: Unilever, the FMCG company, is hoping to make further acquisitions in the future, as it seeks to expand its portfolio of brands and take advantage of the possibilities offered in this area by the financial crisis, according to Paul Polman, its chief executive. As previously reported, Unilever bought Sara Lee's personal care operations for €1.28 billion ($1.91bn; £1.19bn) last mon...
Posted by Turgut Ziyal on Saturday, October 24, 2009,
In :
FMCG
Data sourced from MediaPost/BrandWeek; 21 October 2009
CINCINNATI: Brands must be "purpose-driven", and have a clear sense of the role they play in the lives of consumers, according to Melanie L. Healey, group president of Procter & Gamble's global feminine and healthcare operations. AG Lafley, P&G's chairman, has long emphasised the importance of understanding that the " consumer is boss," while Jim Stengel, the company's former cmo, similarly argued that a "rich relationship" is key to succe...
Posted by Turgut Ziyal on Friday, October 23, 2009,
In :
confectionery
Andrew Wood, senior research analyst at Bernstein, maintains that management at the confectionery giant has successfully laid out its hand in its Q3 interim statement, to demonstrate how attractive Cadbury is, both to its own shareholders and to Kraft.
The confectionery manufacturer said that 2009 revenue growth was now expected to be around the middle of its four to six per cent goal range with improved momentum increasing its confidence for good revenue growth in 2010 and 2011.
The resu... Continue reading ...
Posted by Turgut Ziyal on Tuesday, October 20, 2009,
In :
retail
An Article from Oxford Research Agency, UK
Wednesday 21st October 2009
This week, both Tesco and Sainsbury’s announced new figures highlighting rises in growth that bring a glimmer of optimism to the high street in the run up to Christmas and beyond.
This has been accompanied by rises in sales for top-end food ranges, but looking closely at the figures, is this truly a time for cautious optimism and what does it mean for your brand?
With Tesco posting like-for-like sales up 3.7% for... Continue reading ...
Posted by Turgut Ziyal on Tuesday, October 20, 2009,
In :
retail
19 October 2009| Source: Katy Humphries
an excerpt from justfood.com
The surprise announcement that French retail giant Carrefour will exit Russia throws into sharp relief the number of challenges facing retailers in the market. While growing disposable local income had fostered the development of modern retailing, the dramatic impact of the economic downturn has put the spending power of Russian consumers under pressure. Retailers operating i... Continue reading ...
Posted by Turgut Ziyal on Tuesday, October 20, 2009,
In :
dairy
European farmers organisation Copa-Cogeca has welcomed the decision this morning (19 October) by EU ministers to back more urgent measures designed to succour Europe’s hard-pressed dairy sector.
Ministers agreed to include the industry amongst those eligible for swiftly released subsidies upon sudden and difficult falls in price and demand.
The European Parliament should approve the move by Wednesday. This would allow finance ministers to release ... Continue reading ...
Posted by Turgut Ziyal on Tuesday, October 20, 2009,
In :
confectionery
19 October 2009| Source: just-food.com
Cadbury, currently under siege from a Kraft takeover bid, is gearing up to deliver one of the most crucial interim management statements in the company's history this week.
Last month, Cadbury's board rejected a GBP10.2bn (US$16.63bn) initial approach from Kraft and the UK confectioner will likely be hoping to deliver a defensive showing when Cadbury unveils its third-quarter numbers on Wednesday (21 October).
Indeed, accordi... Continue reading ...
Posted by Turgut Ziyal on Tuesday, October 20, 2009,
In :
confectionery
Kraft may look to sell its brand Maxwell House to generate a higher offer to Cadbury, the world's second largest confectionery group, claim media reports.
According to the New York Post, the US manufacturer, which has three weeks left to table a formal offer for the UK confectioner, said it was considering a sale of the well know coffee brand to finance an increased bid.
The newspaper added that Kraft, according to sources close to the situation, were in negotiation to sell Maxwell Ho... Continue reading ...
Posted by Turgut Ziyal on Tuesday, October 20, 2009,
In :
general
AWARENESS
It is not unusual for us to get so caught up in meeting our needs, desires, and goals that we lose sight of what is happening around us. From time to time, we may be stopped in our tracks by some unusual event that will cause us to pay attention to what is important. Those lessons can cause "dents" as happened in the following story.
A young and successful executive was traveling down a neighborhood street going a bit too fast in his new Jaguar. He was watching as kids darted out f... Continue reading ...
Posted by Turgut Ziyal on Friday, October 16, 2009,
In :
private label
An article appeared on Heart Beat, a newsletter of Hartman Group, argues that the motive behing the increasing demand for private label products may not be only the global recession we have: " The media and industry analysts have been quick to jump on the current economic crisis bandwagon as the impetus for the recent heightened interest in private label (a.k.a. store brands) sales. They have gazed into their crystal balls to predict the success of private label and, thus, the threat to nationa... Continue reading ...
Posted by Turgut Ziyal on Friday, October 16, 2009,
In :
Marketing
An article on Advertising Age argues that in our digital world the role of the brand manager changes: " Managing a brand has always been a slightly odd concept, given that consumers are the real arbiters of brand meaning, and it's become increasingly outmoded in today's two-way world. That's why a new report is going to recommend changing the name "brand manager" to "brand advocate," and fundamentally changing marketer organizations in response to the onset of the digital age. " Read the articl... Continue reading ...
Posted by Turgut Ziyal on Friday, October 16, 2009,
In :
general
I have just noticed that today, 16 Ocober, is "world food day"! So really the right day for starting a blog on food! 
The UN’s Food and Agriculture Organization said this week that an estimated 1.02 billion people in the world are going hungry in 2009, and that this figure has spiked sharply as a result of the global economic crisis. Almost all of these live in developing countries, but some 15 million are thought to be in developed countries.
FAO Director-General Jacques Diouf said: “W... Continue reading ...
Posted by Turgut Ziyal on Friday, October 16, 2009,
In :
general
Dear Everybody, Here I am starting a new blog to post the developments in food industry and retail world. It will mainly be a blog for marketing and general management, however some breaktrough developments in processing or in ingredients world will be covered as well. To speak about myself; I am a Turkish executive working in fmcg for 30 years of which 25 years were in food industry covering sales, marketing and general management posts. Currently I am holding an executive position in one of t... Continue reading ...
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About This Blog:
| getfoodnews |
| Turgut@Getfoodnews.Com |
In this blog I try to compile the news related with food industry. This includes food companies, retailers, ingredients, regulations, mergers&acqusitions and others. In each post I try to designate the source of the news and add a link to the original document.
I hope you find it useful. For any comments please feel free to send me an email (turgut@getfoodnews.com). You can post your comments inside the boxes appearing at the end of each posting when clicked the headline.
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