Consumer packaged goods (CPG)

Confectionery & Sweet Snacks

Mars announces that new Kind snack bar packaging incorporates recycled content made from advanced recycling, meaning it contains less virgin plastic to previous products; packaging is eligible for drop-off recycling in UK, curbside recycling in Ireland
Packaging Strategies (11/02)

Ferrero North America breaks ground on its new US$214.4M Kinder Bueno production facility in Bloomington, Illinois; the facility, which is expected to create 200 jobs, is scheduled to open in 2024
PR Newswire (11/02)

Savory Snacks

Campbell Soup's Goldfish cracker brand announces Canadian launch of new Goldfish Mega Bites, which are twice the size of regular Goldfish crackers; product comes in two flavors: Sharp Cheddar and Cheddar Jalapeno
Canada Newswire (11/02)

Cocoa/Chocolate Products

Starbucks launches its holiday menu; new and returning items include Reindeer Cake Pop, Sugar Plum Cheese Danish, Cranberry Bliss Bar, Snowman Cookie and Chocolate Pistachio Swirl
Axios (11/02)

Blue Diamond Growers announces limited-time launch of two new almond flavors for the holiday season: Blue Diamond Snickerdoodle Flavored Almonds and Blue Diamond Peppermint Cocoa Flavored Almonds
Business Wire (11/02)

Baked Goods

Dunkin' announces launch of its holiday menu; new and returning items include Peppermint Mocha Signature Latte, Holiday Blend Coffee, Cranberry Orange Muffin and Cookie Butter Cold Brew
Business Wire (11/02)

Farmer Boys announces limited-time offerings of new Cinna-Roll French Toast Platter and Cheese Lovers Burger Melt; the breakfast platter features cinnamon rolls made as French toast, while the burger features both American and pepper jack cheeses
Farmer Boys Restaurants (11/02)

Packaged Foods

Morningstar: Mondelez shows sweet sales trajectory, with Q3 organic sales up 12.1% due to 11% higher prices and 1% benefit from higher volumes and favorable mix; however, sales momentum failed to translate to profit gains, as inflationary angst persists
Morningstar (11/02)

Hostess Brands reports Q3 net earnings of US$66.3M, up from year-ago earnings of US$26.2M, driven in part by a US$33M gain on receipt of Voortman insurance proceeds; net revenue rises 20.2% to US$346.2M
Business Wire (11/02)

Quick Service Restaurants (QSR)

Executive Perspective: Yum! Brands' strong topline momentum in Q3 highlights a clear demand for its brands, says CEO David Gibbs
Nation's Restaurant News (11/02)

MTY Food Group to acquire Wetzel's Pretzels from Dallas-based private equity firm CenterOak Partners for US$207M; upon closing of the deal, MTY plans to add 350 Wetzel's Pretzels locations across 25 states, Canada and Panama
Nation's Restaurant News (11/02)

Fast-Casual Restaurants

Potbelly announces multi-unit development deal to open six new locations in Orlando, Florida, over the next seven years
QSR Magazine (11/02)

Restaurants

Executive Perspective: The Cheesecake Factory has pushed about some new restaurants planned for this year into 2023, but it expects to return to a 7% unit growth rate, says David Overton, Cheesecake Factory chairman
Nation's Restaurant News (11/02)

Red Robin narrows Q3 net loss to US$12.6M from year-ago loss of US$15M, as revenue rises 4.5% to US$282.4M
Business Wire (11/02)

Non-Alcoholic Beverages

Westrock Coffee announces the following appointments: Nicolas Lorenz as EVP of manufacturing, and Cedric Smith as VP and plant manager for the flavors, extracts, and ingredients facility in Conway, Arkansas
Business Wire (11/02)

PepsiCo announces appointment of C.C. Glin as president of the PepsiCo Foundation; Glin will also remain global head of philanthropy for PepsiCo
PR Newswire (11/02)

Alcoholic Beverages

Diageo acquires Balcones Distilling, a Texas-based craft distiller and producer of single-malt whiskey; transaction terms not disclosed, acquisition being funded through existing cash resources.
Diageo PLC (11/02)

Anheuser-Busch InBev brand Michelob Ultra unveils its Run Fund, a platform that will support women and non-binary athletes entering the 2023 New York City Marathon, and a campaign timed to this year's marathon
Marketing Dive (11/02)

Pet Care Products

Survey of 1,000 US pet owners shows that 83% are very likely to buy a gift for their pet, while 48% plan to take pets to the groomer ahead of holiday gatherings; 35% plan to gift a new pet to someone or to add one to their household: PetSmart
PR Newswire (11/02)

Hair Care/Hair Styling

Nick Stenson Beauty will launch exclusively at Ulta Beauty online on Nov. 27, expand into select Ulta stores starting Jan. 8, 2023; line includes Volume Shampoo, Volume Conditioner, Hydrating Oil, Root Lifter Spray, Leave-in Conditioner, Smoothing Crème
Business Wire (11/02)

Cosmetics

e.l.f. Beauty reports fiscal Q2 net sales increased 33% to US$122.3M, primarily driven by strength in retailer and e-commerce channels; net income rose to US$11.7M from year-ago US$5.7M
Business Wire (11/02)

Beauty Retail

UK-based skin-care brand Nip + Fab rolls out at JCPenney in the US nationwide
PR Newswire (11/02)

Grooming & Shaving Products

Dollar Shave Club launches Double Header Electric Trimmer; single device has two separate and interchangeable heads, one to trim facial hair and one to groom groin and body hair
PR Newswire (11/02)

Wipes/Towelettes

pH-D Feminine Health launches Holistic Body Wipes with boric acid to neutralize body odor; individually wrapped, on-the-go wipes are pH-balanced, paraben- and cruelty-free, made for personal hygiene, odor control
Nonwovens Industry (11/02)

Top nonwovens, textiles exhibitors begin booking at Cinte Techtextil China, taking place in Shanghai on Dec. 7-9; companies include TesTex, Rieter Group's Graf & Cie, Bruckner Textile Technologies, and Cotton Council with spunlace fabric, wipes, masks
Textile Value Chain (India) (11/02)

Personal Care

BeautyHealth appoints David Aquino as EVP, Global Operations
Business Wire (11/02)

Sierra Sage Herb secures wholesale agreement with accelerate360 to drive awareness and sales growth for its family of brands, including Green Goo, Good Goo and Southern Butter
PR Newswire (11/02)

Laundry-Care Products

Seventh Generation commits to phase out all large format liquid laundry detergent bottles from its product lineup by 2030 and transition all laundry products to concentrated formats; aim is to reduce emissions as well as plastic and water waste
PR Newswire (11/02)

Household Products

Scotts Miracle-Gro reports fiscal Q4 sales declined by 33% to US$493.6M, reflecting decreases in both major business segments; US Consumer segment sales down 18% to US$302.1M, Hawthorne segment sales decreased 49% to US$168.5M
GlobeNewswire (11/02)

Commentary: Clorox's pandemic-era boom fades, and analysts expect another decline in fiscal year ending mid-2023 after company's annual sales dropped 3% in year through June; Barclays estimates company's revenue will see CAGR of 2.7% between 2019-2023
Daily Herald (11/02)

Consumer Economics

Wells Fargo: US households have around US$1.2T in pandemic savings, which makes it much tougher for Fed to cool inflation; companies will keep hiking prices as long as Americans have savings to dip into, which will drive up inflation
Business Insider (11/02)

Seventy-six percent of US consumers say they’ll celebrate Thanksgiving in the way they typically celebrated before COVID-19, but the traditional Thanksgiving meal items are estimated to cost 13.5% more than they did a year ago, according to IRI survey
Business Wire (11/02)

Consumer Behavior/Attitudes

J.P.Morgan Global Manufacturing PMI in October fell to a 28-month low of 49.4 from 49.8 in September; decline driven by weaker intakes of new business, deteriorating international trade flows and lower business confidence: S&P Global
S&P Global Inc. (11/02)

Consumer Health & Wellness

US Green Building Council and International WELL Building Institute strengthen partnership to accelerate adoption of buildings that prioritize people, communities, natural environment; partnership will offer dual certification pathways for LEED and WELL
U.S. Green Building Council (11/02)

Skin-care brand Murad partners with social wellness club Remedy Place to create Remedy Place x Murad skin health experience; four-part experience focuses on holistic wellness pillars of water, body, mind and skin
PR Newswire (11/02)

Latest: Nov, 02 2022