Food Business News - July 30, 2013 - (Page 1)

July 30, 2013 FOODBUSINESS NEWS NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Starbucks, Danone form global venture SEATTLE — The Starbucks Coffee Co. and Paris-based global dairy giant Danone have entered into an agreement to develop a line of Greek yogurt products that will be sold in Starbucks stores and the grocery channel in the United States, and, eventually, globally. The product line, which will be sold under the brand name Evolution Fresh, Inspired by Dannon, will be ready-to-eat parfait Greek yogurt products. Starbucks will offer the products in participating stores in the spring of 2014, and Danone will start distributing the products to U.S. retailers in 2015. Starbucks said a Continued on Page 11 Restoring the Helper core at General Mills cknowledging that dry dinners have been a weak link in the General Mills Inc. Meal Division, Julianna L. Chugg, senior vice-president of the division, said the category was poised for renewed growth at the company. A greater focus on its traditional Helper line of dry dinners will be pivotal in the improvement, she said. Ms. Chugg spoke July 9 at the Fiscal 2014 General Mills Investor Day at the New York Stock Exchange. Offering an overview of the Meals division, which covers center store meal items, including Progresso soup, Old El Paso Mexican foods and dry Continued on Page 27 Putting the school nutrition puzzle together Story on Page 33 A Schwan Consumer Brands focusing on revitalizing frozen foods KANSAS CITY — Bob Waldron, president of the Schwan Food Co.’s Consumer Brands business, is intent on bringing consumers back to the frozen food aisle. With a portfolio of leading frozen pizza, pies and Asian appetizer products sold under brands such as Freschetta, Red Baron, Tony’s, Edwards and Pagoda Express, Mr. Waldron seeks to reinvigorate a category that has struggled during the past few years. “Getting the products right is one way to bring more people back to the frozen food aisle,” he said in an interview with Food Business News. “There have been a lot of new products in the category, but they tend to have been replacement innovations; they have not gained traction with consumers. “There is a lot of flavor variety, a lot of crust variety, but it’s replacement innovation and has created a lot of churn on the shelf. It did not drive the category at the shelf and as a result some of our core products lost distribution. “That’s why we are working on getting the right products to the shelf and getting Continued on Page 17 ®

Table of Contents for the Digital Edition of Food Business News - July 30, 2013

Food Business News - July 30, 2013
Starbucks, Danone form global venture
Restoring the Helper core at General Mills
Schwan Consumer Brands focusing on revitalizing frozen foods
Table of Contents
Web Contents
Editorial - Huge shift between grain and energy
Emerging markets, ice cream challenge Unilever
Fast-casual continues to outpace other food service categories
Flowers completes Hostess bread asset acquisition
Chipotle chips away at non-bioengineered goals
F.D.A. concerned about tree nut safety
Taco Bell to abandon children’s meals
Prepared foods poised to gain market share
Investor putting pressure on PepsiCo to break up
Pricing, productivity boost PepsiCo earnings
Hispanics fueling the convenience channel
McDonald’s heading to Vietnam
Safeway seeking relevancy in local markets
Snacks are in the bag for B&G Foods
Washington - F.D.A. seeks industry input on produce safety
Amendment would add to hurdles confronting F.S.M.A.
Market Insight - Cocoa market regaining some of its sweetness
General Mills seen better positioned at U.S. Retail
Health and Wellness - Putting the school nutrition puzzle together
I.F.T. Post Show Report - Stevia use grows globally amid challenges
I.F.T. 13 - Parents’ purchase drivers for children’s foods revealed
Industry Images - Images from the I.F.T.
Glanbia, Tate & Lyle among I.F.T. Innovation Award winners
Confusion persists over sodium intake levels
Informed consumers driving product development trends
Ingredient Innovations - Adding spice to fat reduction efforts
Solutions for saturated fat reduction
Fruit sources find a spot in fat reduction tool box
Beverage Business News - Seeking new sources of energy ingredients
New Food Products
Ingredient Market Trends - U.S.D.A. sees minor food price inflation in 2013
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - July 30, 2013