General Mills today marks the one-year anniversary of the Pillsbury purchase, a move that may cost an additional $395 million based on stock prices. General Mills CEO Steve Sanger says his priority for the next 12 months includes 50% growth in earnings per share for fiscal 2003.
Scientists say natural genetic variations can allow breeders to inject plants' own genetic material to develop drought and insect resistant traits. The discovery could make biotech foods more attractive to environmentalists opposed to genetically modifying plants and animals.
Supply chain experts compare and contrast simple and advance supply chain technology. Some supply-chain solution users are learning that simpler technology, such as enterprise data exchange, is enough to maintain logistic processes.
Supermarket guru Phil Lempert says grocery stores should ensure shoppers' time spend in the store is more enjoyable. Strategies such as taste testings of fresh fruits, prepared foods placed near the front of the store and reasonably priced gourmet coffees should all increase consumers' enjoyment in and loyalty.