Consumer Packaged Goods
Top stories summarized by our editors
8/14/2018

Shake Shack will revisit its plan to introduce self-ordering kiosks, tweaking the model from one it abandoned amid customer complaints last year. This time, the chain will add kiosks at select locations while also retaining cashiers, and customers will have the option to pay with cash.

Full Story:
The Spoon
More Summaries:
Shake Shack
8/14/2018

Coca-Cola is culling its collection of underperforming SKUs, targeting products that have failed to grow within the past three years for elimination from shelves. "Imagine the costs related to material management and procurement, production, inventory costs, distribution, salesperson time and, most of all, the opportunity cost of putting a better product in its place," said Chief Growth Officer Francisco Crespo.

More Summaries:
Coca-Cola, Francisco Crespo
8/14/2018

General Mills recently launched its Oui and YQ yogurt brands, though the traditional Yoplait line "absolutely" still has a place in the firm's yogurt portfolio, said Doug Martin, vice president of marketing for Yoplait USA. The red-topped yogurt brand "is the biggest yogurt in the category for families," he added.

Full Story:
WCCO-TV (Minneapolis)
More Summaries:
General Mills, Doug Martin, Yoplait, YQ
8/14/2018

Nestle is bringing its S.Pellegrino sparkling water brand outside of the bottle, introducing slim cans later this month. "With the addition of S.Pellegrino in sleek, modern cans, any meal occasion can be transformed into something special," said Group Manager Danit Eisdorfer.

Full Story:
FoodBev
More Summaries:
Nestle, S.Pellegrino
8/14/2018

Digital ordering is fueling growth of restaurant delivery and it's also spurring operators to reconsider the dining-in experience. "As delivery grows, it offers [operators] an opportunity to imagine how to set [themselves] apart from competition," The NPD Group's David Portalatin said.

More Summaries:
NPD Group
8/14/2018

Pizza concept Oak & Stone uses RFID technology from iPourIt to collect data on its customers who use the self-serve beer taps at its two Florida locations. The eatery can track the gender, residential area and age of customers, who can use the iPourIt app to see which beers and ciders they previously have ordered.

Full Story:
RFID Journal
8/14/2018

Subway has teamed with digital food and travel network Tastemade to revamp its menu. The chain will work with Tastemade's food experts and chefs to create trend-driven menu items.

More Summaries:
Subway, Tastemade
8/14/2018

Perfetti Van Melle North America has named Sylvia Buxton its new president and CEO, succeeding Mehmet Yuksek in the role. Buxton joined the firm two years ago, and she previously served in several executive roles at The Hershey Co.

8/14/2018

The presence of yogurt smoothies and drinkable yogurt during breakfast has grown by 20% over the past year, and the category is projected to climb an additional 13% by 2022, according to a new Packaged Facts report. "With the reputation for the most important meal of the day, maximizing the reputation of a product's nutrition while highlighting its convenience is critical in appealing to demographics across the board," says David Sprinkle of Packaged Facts.

Full Story:
CSP
More Summaries:
David Sprinkle
8/14/2018

Coca-Cola is testing US interest in Valser, a Swiss sparkling water brand that it acquired in the early 2000s. The company is serving Valser at select restaurants in the Atlanta area as part of a pilot campaign intended to gauge consumer response to the premium beverage.

More Summaries:
Coca-Cola