‘On a run rate basis, we’ll hit $1bn in US retail sales in the next couple of months’

“We​ serve less than 20% of US households, but we know that great tasting, natural foods are relevant to a lot more than 20% of the population,” adds Stokes, who joined Mars in June 2019, moved to KIND (as chief growth officer) in spring 2021, and took the helm of its North American business in … Read more

Sweets & Snacks Expo 2022 returns to Chicago for its 25th birthday party

Chris Gindlesperger, Senior Vice President of Public Affairs & Communications at the National Confectioners Association (NCA) said attendance was almost back to 2019 levels when the expo was last held in Chicago. It missed a year in 2020 and then was held in a reduced capacity format in Indiana in 2021 because of the Covid-19 … Read more

Walking the floor to root out the top trends

This year, the mega trade show celebrates 25 years of innovation and trendsetting at Chicago’s McCormick Place from 23-26 May. “For 25 years, the Sweets & Snacks Expo has been the most significant driver of candy and snack flavor and product trends in North America, and 2022 is no different.”​ said John Downs, president & … Read more

‘Importantly, we’ve seen less elasticity in the most-premium products in our portfolio’

Speaking on the firm’s Q1 earnings call Friday, CEO Ryals McMullian said: “Most encouragement is the fact that with a significant amount of price increases in January, we actually grew our units as well with our top brands, Nature’s Own, Dave’s Killer Bread, and Canyon Bakehouse.​ “Despite higher prices and supply chain headwinds, volumes for … Read more

‘It’s encouraging to see the government listening’

The regulations ban volume-based promotions (buy one get one free, 50% extra and so forth) – now viewed as a lifesaver by many – on foods deemed high in fat, salt and sugar (HFSS), and place limits on the advertising of the so-called junk food. These restraints have now been shelved for a year, but … Read more

Let’s talk BFY snacks and put paid to the disparaging ‘junk food’ tag

CN’s sister title, BakeryandSnacks​, has invited a panel of industry leaders to take to the podium on May 26 to examine the trend that impacts all areas when it comes to creating standout snacks. The free-to-attend webinar is tapping some of the best minds the sector has to offer to explore exactly what better-for-you (BFY) … Read more

Sweets & Snacks Expo announces full education programme for confectionery sector

The show’s new industry education programming will include industry-specific education sessions to give attendees the opportunity to learn from experts, thought-provoking industry panels and confectionery and snack leaders tackling critical issues like supply-chain disruption, revolutionary confectionery and snack product innovation, social media’s influence on purchasing habits and post-pandemic shopping trends. “The education sessions offered at … Read more

GNT launches first organic colours made with safflower

The Netherlands-based company said the organic market is seeing ‘exceptional’ growth as modern consumers pay closer attention to food and drink products’ health and sustainability credentials. In response, GNT has launched two new organic products. ‘Fruit & Veg Yellow’ is made from organic safflower and organic apple, while ‘Veg Green’ is made from organic safflower … Read more

Can Hershey hold on to share gains as capacity constrains bump against increased demand?

“We have gotten off to a tremendous start to the year with reported sales growth of 16% and adjusted EPS growth of almost 32% in Q1”​ thanks in part to resilient consumer demand despite mid- to high-single-digit price increase across the portfolio and a “Strategic focus on enhancing our offerings and price points to ensure … Read more

Impulse purchases evolve to meet new consumer demands, shopping habits post COVID

Once limited mostly to individually-wrapped items corralled by the checkout stand to be consumed within seconds of leaving the store or on-go, impulse purchases today are more likely to be sharing sizes and larger multi- or variety-packs – reflecting the Shift to working and snacking at home, and the desire to balance the demands of … Read more