Mondelēz International has shared its strategy to accelerate growth and focus its portfolio to generate sustainable shareholder value. As a result, the company is updating its long-term algorithm to 3-5 percent organic net revenue growth, up from previous guidance of 3 percent. “Our competitive advantages in the marketplace and focused strategy on global snacking leadership […]
Category: Snacks Brands
Posted inPackaging News, Snacks Brands, Southwest
Frito-Lay Launches ‘Unbox The Icons’ Variety Pack Sweepstakes
Plano, Texas-based Frito-Lay is launching “Unbox the Icons” Variety Packs by joining forces with three celebrities: Mario Lopez, Martha Stewart and Mark Morrison. To kick off the campaign, Frito-Lay Variety Packs partnered with actor and television host Lopez, as well as cookbook author and entrepreneur Stewart to make their signature Frito-Lay Variety Pack “Iconic Boxes” filled with their favorite things, […]
Posted inPackaging News, Snacks Brands, West
Fresh Cravings Rebrands, Introduces New Flavors, Donates $250K
Phoenix, Arizona-based Fresh Cravings, a family-owned snacking brand, has debuted a new look and expanded its portfolio of hummus products at Walmart stores. Sporting all new packaging and brand imagery, Fresh Cravings Everything Bagel, Honey Jalapeño and Spicy Red Pepper Hummus join its three original flavors: Roasted Red Pepper, Classic and Roasted Garlic, in the […]
Posted inSnacks Brands, Executive News, Southwest
Stryve Foods Inc. Announces Leadership Transitions
Plano, Texas-based Stryve Foods Inc. has announced new leadership succession plans with the appointment of Christopher Boever as the company’s CEO, starting May 23. In connection, Joe Oblas will transition to the new position of chief growth officer. These changes are a part of a long-term succession plan that the company says allows for an […]
Posted inSnacks Brands, Packaging News
Consumer Insights Inspire Occasion Innovation Through Packaging
Sponsored Content There is no denying that consumers are spending more time at home since the start of the pandemic. New patterns of eating and snacking at home have taken hold. This creates an opportunity to exercise a different kind of innovation, one that meets new occasions with the tried-and-true beloved brands, packaged in different […]
Posted inSnacks Brands, Southeast, Supply Chain News
Utz Brands Adds New Manufacturing Facility In Kings Mountain, NC
Utz Brands Inc. has purchased a new, recently completed snack food manufacturing facility in Kings Mountain, North Carolina from Evans Food Group, d/b/a Benestar Brands. The purchase includes the existing building, land and pork-rind production equipment. Utz will convert the space into an operational snack food manufacturing facility starting in 2022. The current 125,000 square […]
Posted inSnacks Brands, National
Mondelēz International Acquires Ricolino From Grupo Bimbo
Mondelēz International has entered into an agreement with Grupo Bimbo to acquire its confectionery business, Ricolino, for approximately $1.3 billion. Ricolino is a growing business with a leading confectionery position in Mexico. The acquisition will transform Mondelēz International’s business in the Mexico market to accelerate growth and scale in core snacking categories. With approximately $500 million […]
Posted inDairy News, Midwest, Snacks Brands
Jeni’s Sunshine Flavored Ice Cream Raises Awareness For Mental Health
Columbus, Ohio-based Jeni’s Splendid Ice Creams has released Sunshine, a gray, citrus-flavored ice cream, in honor of Mental Health Awareness month and in partnership with On Our Sleeves, the movement to break stigmas around children’s mental health. The company said that the new Sunshine flavor is designed to get people talking. Inspired by Depressed Cake Shop, it appears […]