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| Company Watch |
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|  | Tyson Foods Becomes First Major Food Processor To Receive BSE Warning
Tyson Foods has received a warning letter from the FDA dated Feb 12. Plants in Washington state were cited with violating regulations designed to prevent bovine spongiform encephalopathy from spreading in the U.S. The FDA's move signals its efforts to crack down on food safety regulations after a GAO report showed the agency is too lax in introducing stringent standards against BSE. The Wall Street Journal (subscription required) (3/12) |
| | Starbucks, PepsiCo To Sell New Product
Starbucks and PepsiCo yesterday announced a joint venture to sell cold, bottled coffee under the Starbucks DoubleShot label. The companies said DoubleShot will be in stores nationwide by April. Houston Chronicle/Bloomberg (3/12) |
| | Farm Workers Go Cross-Country To Rally Against Taco Bell
Florida tomato field workers yesterday joined with supporters to stage a protest at Taco Bell's headquarters in Irvine, Calif. Taco Bell said it would not get involved in the wage dispute between the workers and Six L Packing, a tomato supplier. The workers are organizing to boycott 7,000 Taco Bell restaurants. One protester said, "Taco Bell just can't say, 'It's not our issue.' It's certainly an issue to their customers." Los Angeles Times (free registration) (3/12) |
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| | C.F. Sauer Spices Up Their Supply Chain |  | | |
| The C.F. Sauer Company of Richmond, Virginia has been producing spices, flavorings, mayonnaise, margarine, and other food products since 1887. Click here to read the benefits CF Sauer has seen with their PeopleSoft solution for supply chain management - including pricing, order management, production and planning systems. |
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| Market Trends |
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| | E-Commerce Report: College Students Not Easy To Pin Down
Of the $100 billion in discretionary cash that college students typically spend in a year, about $1.4 billion is spent online, says a college market research firm. To reach the college market, effective campaigns or programs must be creative, diverse yet well targeted, some say. The New York Times (free registration) (3/11) |
| Retail Spotlight |
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| | Kmart Names New CEO
Charles C. Conaway has stepped down as Kmart's CEO. James B. Adamson, 54, is assuming Conaway's role, and the bankrupt discount retailer named Julian C. Day as president. Adamson yesterday did not reveal a restructuring plan for Kmart, but he did say "our real challenge is to get the business focused on basics -- cleaner stores, wider aisles, fewer out-of-stocks." Chicago Tribune (free registration) (3/12), The New York Times (free registration) (3/12) |
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| | Grocery, Specialty, Drug and General Merchandise Retailers Heading to Consumer Conference | | | |
| Best Buy, Pathmark, Stop N Shop, Ranch Market, Vallarta Supermarkets, The Limited and Family Dollar Stores are among several retailers that will be making presentations and speaking at this year's Store-Specific Merchandising and Marketing Conference -- April 10-12 at Disney's Grand Floridian in Orlando, FL. The conference is expected to attract nearly 200 leading executives from the retail community and their suppliers. For more information, contact Nicole Bagdanov at 646-654-7487 or nicole@eventsbynicole.com. |
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| Technology Today |
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| | Web-Based Expense Reporting Eases Task
Some companies view Web-based expense management -- which allows employees to record expense account information in Web browsers -- as a growing field in an otherwise unstable economy. Forms also can be accessed from portable and wireless devices. Clients can collect data to analyze spending patterns. Business are increasingly hiring third parties to administer mundane company functions. The Seattle Times (3/11) |
| Science & Health |
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| |  | Learn how optimization can help you streamline your product formulation and help you realize hidden profits in rework material. Register to attend Formation Systems' FREE Webinar "Formula Optimization for Food and Beverage Manufacturers" on March 12th, 1:00 p.m. (EST) at www.formationsystems.com/webinars and receive a FREE ergonomic beverage mug.
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| | | Two years ago, companies were asking, "Why should we synchronize?" Today, they are asking, "How should we synchronize?" The right solution depends on your business objectives. A new white paper - Synchronization Solutions Address Varying Needs -- from The viaLink Company offers a construct for analyzing business situations to determine the appropriate solution. Specific business scenarios are discussed. Request a copy.
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| | | Is Your ERP Connecting You to your Business Partners? Novopoint's supply chain solutions connect trading partners and cut costs from the CPG supply chain, while enhancing the return on your existing IT investment. Start gaining real IT value at www.novopoint.com "Connecting CPG Companies and their IT Systems"
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| | | Network at IRI's Consumer Connection 2002 Conference! Don't miss this opportunity to interact with retailer participants from: CVS, D'Agostino', Eckerd Drugs, Food Lion, HEB, Kmart, Kroger, Pathmark, Roundy's, Schnuck's Markets, SuperValu, Winn-Dixie, A&P and Safeway. Register today. |
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|  | | Interested in learning more about advertising in GMA SmartBrief? Contact Aaron Kaliner at (202) 737-5500 x237 or akaliner@smartbrief.com.
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| GMA News |
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| | GMA/Accenture CPFR Immersion Day
The One-Day Workshop for Sales and Logistics Leaders will take place on March 20 in Chicago. "Collaborative Planning, Forecasting and Replenishment" delivers "top line" sales growth and greater profits through improved efficiencies and increased collaboration between trading partners. Using case studies, CPFR practitioners and industry experts, participants will learn how CPG companies are using CPFR to succeed in today's highly competitive marketplace. For more information, click here. |
| Policy Alerts |
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| | California Senators Oppose $275,000 Subsidy Cap
California's Sens. Barbara Boxer and Dianne Feinstein have refused to support a $275,000-per-farm cap on government subsidies because of the legislation's potential effect on cotton and rice farmers. The House version of the farm bill continues to grant farmers some subsidies in unlimited amounts, but the Senate added the limit to its version. An advocacy group says the caps would be unfair to cotton and rice farmers because production costs for these crops are higher. A Senate-House conference committee is scheduled to take up the issue tomorrow. The New York Times (free registration) (3/12) |
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"The past always looks better than it was. It's only pleasant because it isn't here."
-- Finley Peter Dunne |
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