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Pantone Reveals 2013 Color of the Year
Deciphering worldwide trends and forecasting the style of tomorrow, the color Emerald has just been selected by Pantone as the 2013 Color of the Year. Every December, Pantone selects one color that will be the breakthrough color of the year to come.Pantone said it combs the world looking for color influences, including the entertainment industry and films that are in production, traveling art collections, hot new artists, popular travel destinations and other socioeconomic conditions. Influences may also stem from technology, availability of new textures and effects that impact color, and even upcoming sports events that capture worldwide attention.“Emerald, a vivid, ... |
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NPD Reports Black Friday Small-Appliance Winners
The small-appliance sector was a big winner during Black Friday week in terms of dollar sales, according to The NPD Group. Overall, home environment was the dollar winner with a 4 percent increase, with personal care appliances gaining 4 percent in unit sales, while small kitchen electrics’ dollar sales remained flat despite small unit declines, according to Debra Mednick, executive director of The NPD Group’s home business.The top-selling small appliances based on dollar sales during Black Friday week (Nov.18-24) were upright vacuums, single-serve brewing systems and slow cookers. In terms of unit sales, top-selling small appliances were slow cookers, electric ... |
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Forecast Reveals Global Flavor Trends Expected to Drive Food Innovation
McCormick & Company Inc. unveiled its flavor forecast for 2013, identifying five trends it believes will drive new product development and innovative menu additions over the coming years.“Through the Flavor Forecast, McCormick leads the way in identifying flavor trends that serve as catalysts for innovation in many favorite retail brands and restaurant menus, including our own products,” said Alan Wilson, chairman, president and CEO of McCormick. “With our global team of experts – spanning consumer and industrial segments in more than 100 countries – McCormick has a unique capability of identifying new and emerging trends on a global scale.”The five ... |
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Good Food Awards Finalists Announced
The Good Food Awards has announced this year’s 182 finalists from 31 states, chosen from among 1,366 entries in nine industries. This year’s finalists represent the leaders of a growing movement of conscientious, talented food producers in every part of the country, from the producer of Jalapeño Mint Pickles, created to reduce food waste at an Austin farmers’ market, to Tarentaise cheese, made at an educational farm in Vermont that hosts 700 children a year. The 100 winners will be announced in a 400-person black-tie ceremony at the San Francisco Ferry Building Jan. 18, 2013, followed by a 15,000-person Good ... |
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Finalists Named in 2013 Housewares Design Awards
Finalists have been named for the 10th annual Housewares Design Awards. Inspiring innovation for 10 years, this award competition showcases the industry’s dedication to investing in meaningful product design, where form and function meet to enrich daily life with innovation, ease of use and visual appeal. The 60 finalists represent the best of the hundreds of creatively designed products for the home. Twelve “Best in Category” winners will be chosen from the 60 finalists. And the “Best of the Best” gold, silver and bronze award recipients will be chosen from the 12 category winners. All awards will be announced on ... |
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Balance Bar Divested From Brynwood Partners’ Holdings
Brynwood Partners VI L.P. announced it has sold its portfolio company, Balance Bar Co., to NBTY Inc., a global leader in vitamins, supplements and active nutrition products, and a portfolio company of The Carlyle Group. Balance Bar, founded in 1992 and acquired by Brynwood VI from Kraft Foods Inc. in 2009, has been an innovator in the nutrition/energy bar category. The company, which is headquartered in Valhalla, N.Y., is one of the leading brands in the high-growth $1 billion nutrition/energy bar category. “We are delighted to announce the divestiture of Balance Bar, which was our first investment in our most ... |
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Harry & David Opens Seasonal, Free-Standing Stores
Harry & David has opened five seasonal stores and nine free-standing gifting centers for the holiday season. The locations are at Paseo Colorado Mall, Topanga Plaza, South Coast Plaza, The Oaks and Promenade In Temecula, in California: Westfield Fox Valley Mall and Yorktown Center in Illinois; North Shore Mall, Solomon Pond and Natick Mall in Massachusetts; Westfield Annapolis in Maryland; Park City Center in Pennsylvania; and Virginia’s Dulles Town Center and Tyson’s Corner. At a time when holiday entertaining is at its peak, these new locations will allow for easy on-the-go purchasing for Harry & David customers across the country. ... |
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Thirsty Ventures Partners With Green Mountain Co-Pack
Green Mountain Co-Pack (GMCP), the Vermont boutique-style specialty food and beverage manufacturer, has built a new 20,000-square-foot production facility in Williston, Vt., and is joining forces with Thirsty Ventures Inc., parent company of Powell & Mahoney Ltd. Vintage Original Cocktail Mixers, to increase output, reduce turnaround times and enhance quality. “We see exciting things in the future,” said Jeff Mitchell, GMCP’s founder. “It is great to see the company grow, but I am also excited about tasting all the excellent new, natural foods and beverages we will be able to produce. ” As GMCP settles into its new facility, the ... |
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Tully’s Enters Asset Purchase Agreement With Kachi Partners
TC Global Inc., the parent company for Tully’s, a specialty coffee retailer based in Seattle, has entered into a “stalking horse” asset purchase agreement (APA) with Kachi Partners, an entrepreneurial finance group. Tully’s submitted the APA to the Bankruptcy Court on Nov. 26 and intends to conduct a court-supervised auction of its business under Section 363 of the U.S. Bankruptcy Code later this year. “With this agreement in place with Kachi, we believe the business is positioned to emerge from this process in early 2013 and that we will be a much stronger company as a result,” said Scott Pearson, ... |
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Whole Foods Launches Travel Company for Active Foodies
Whole Foods Market has launched Whole Journeys, a new travel venture targeting food lovers and culture buffs with a passion for the outdoors. Whole Journeys connects foodies with active lifestyles with the cultural and culinary traditions of worldwide destinations such as The Dolomites, Cappadocia, Provence, Shangri-La and more. Travelers walk, hike or bike through the adventures as they explore the foods, farms and events that make a region unique. While levels of exertion and food experiences vary, all itineraries are designed to support local communities, respect the environment and encourage travelers to share each destination’s unique food cultures with one ... |
