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News
Finalists Named in sofi Competition
Vegan hot fudge from Seattle, Wagyu beef jerky from Golden, N.M., and grilled olives from central Italy are among 125 finalists for the Specialty Food Association’s sofi™ Awards for the outstanding specialty foods and beverages of 2015. Winners will be announced June 29 by Ted Allen, host of Food Network’s “Chopped,” at the Summer Fancy Food Show in New York. A sofi Award is the highest honor in the $109-billion specialty food industry. sofi stands for Specialty Outstanding Food Innovation. There were 2,715 entries across 32 awards categories, including outstanding chocolate, cheese, and savory snack. The finalists were selected by ... |
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Next Decade Will Make or Break Food Companies, Technomic Forecasts
Today’s major foodservice and retail food brands, along with their suppliers, face increasing challenges in recognizing and responding to ever-more-diverse consumers and their rapidly changing expectations. At the same time, companies must remake their businesses to leverage emerging channels and technology platforms. According to “Food Industry Transformation: The Next Decade,” a report from Technomic Inc., the developing upheaval in the food industry will affect every aspect of the business from farm to fork, including sourcing, processing, distribution, operations and marketing. Technomic, a leading food research and consulting firm, has analyzed these complex challenges to visualize the coming decade in the food ... |
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More Than Half of Global Consumers are Willing to Buy Groceries Online, Says Survey
Nielsen Global E-commerce and the New Retail Survey polled 30,000 online respondents in 60 countries to understand how digital technology will shape the retail landscape in the future. One-quarter of global respondents say they are already ordering grocery products online for home delivery and more than half (55 percent) are willing to use it in the future, according to a recent Nielsen Global E-commerce and the New Retail Survey. The survey polled 30,000 online respondents in 60 countries to understand how digital technology will shape the retail landscape of the future. The report looks at how consumers are using ... |
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Registration Opens for Summer NY NOW Show
Online registration for the summer 2015 edition of NY NOW®, The Market for Home + Lifestyle, slated to run Saturday, Aug. 15, through Wednesday, Aug. 19, 2015, at New York City’s Jacob K. Javits Convention Center, is now open. Online registration for the summer 2015 edition of NY NOW®, The Market for Home + Lifestyle, slated to run Saturday, Aug. 15, through Wednesday, Aug. 19, 2015, at New York City’s Jacob K. Javits Convention Center, is now open at www.nynow.com/register. A handy new “NY NOW Market Planner” will enable registrants to create a personalized planner for the Market, preview product ... |
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Lenox Corp. Announces Agreement to Purchase Reed & Barton
Lenox Corp. announced that it was the successful bidder to purchase the operating assets and certain liabilities of the great American brand Reed & Barton. Lenox Corp., America’s leading tableware, giftware and home entertaining business, announced that it was the successful bidder to purchase the operating assets and certain liabilities of Reed & Barton. The purchase, which is expected to close soon, will allow the renowned Reed & Barton brand to continue to build on its 190-year-old legacy of superior design and craftsmanship. Under the agreement, Reed & Barton will continue to design and market a broad assortment of unique ... |
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Smith’s Consumer Products Hires New CEO, Opens Nashville Office
Smith’s Consumer Products has hired Beau Parker to replace former CEO Dan Glidden, who retired effective April 30, 2015. The company also announced it will be opening a new office in Nashville, Tenn., with all Operations & Supply Chain remaining in Hot Springs. Several key promotions and a new hire have also been made. Beau Parker assumes the CEO position and is responsible for strategic direction of all Smith’s divisions, including Smith’s® sporting goods and the housewares brands, KitchenIQ™ and Firewire®. Parker most recently was the GM of Oreck and TTI, and prior to that, was president of Power Tool ... |
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Mighty Leaf Tea Appoints New CEO
Former PepsiCo. and Diageo executive Sheila Stanziale has been appointed chief executive officer of Mighty Leaf Tea. Stanziale, a 20-year premium beverage brand and foodservice executive, will lead the overall Mighty Leaf Tea business which will continue to operate as a stand-alone company owned by Peet’s Coffee and Next World Group, a privately held investment firm. “Mighty Leaf Tea is an exceptional brand, and I’m a longtime fan of the company’s dedicated passion to crafting the finest quality teas from around the world,” said Sheila Stanziale, chief executive officer of Mighty Leaf Tea. “It’s an honor to join Mighty Leaf’s ... |
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Libbey to Offer Spiegelau Glassware to Retail Markets
Libbey Inc. and renowned German glassware company Spiegelau have brokered an agreement in which Libbey will become the exclusive U.S. distributor of their glassware lines in the retail industry, effective July 1. The newly formed agreement is part of the brand’s “Own the Moment” strategy, which aims to grow the business 4 to 6 percent annually to achieve a year-end 2018 revenue target in excess of $1 billion. Libbey has been the U.S. distributor of Spiegelau for foodservice since Feb. 1, 2013. The extended partnership and exclusive distribution agreement is a key element in Libbey’s pursuit to expand its range ... |
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Fromagerie du Presbytère’s Laliberté Crowned Grand Champion Cheese
Dairy Farmers of Canada announced Fromagerie du Presbytère’s Laliberté as the Grand Champion at the ninth edition of the Canadian Cheese Grand Prix Gala of Champions in Toronto. The prestigious winner, which was entered in the cream-enriched soft cheese with bloomy rind category, was selected by a jury of top Canadian food industry experts from 27 impressive category winners. Sponsored and hosted every two years by Dairy Farmers of Canada, the Canadian Cheese Grand Prix celebrates the quality, versatility and taste of Canadian cheese made from 100 percent Canadian milk. “From all the excellent cheeses the jury tasted, we found ... |
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Consumer Demand Shows Trend Toward Local Foods
Will local foods overtake organic foods in popularity? Some members of the food industry think so, based in part on consumer demand now at an all-time high. Data from a November 2014 proprietary Packaged Facts National Consumer Survey published in “Shopping for Local Foods in the U.S.” found that 53 percent of the 2,271 adult respondents specially seek out locally grown or locally produced foods. Among the primary reasons cited for purchasing locally grown or locally produced foods, 60 percent of consumers who purchase local products say they do so because the products are fresher. In addition, more than half ... |
