Companies such as Wrigley, Cadbury and Hershey are meeting consumer demand for more functional foods with candy offerings that promise to whiten teeth, strengthen tooth enamel and freshen breath. Functional candy sales grew in 2006 after seeing a 6.7% decline in 2005.
Premier Foods is paying $313 million for Marlow Foods, including its meat-alternative Quorn brand. Premier Foods has been snapping up branded products and moving away from private label foods to increase its rate of return.
The Gillette Co. says it will continue to claim its M3 Power razor "stimulates hair up and away from skin," even though a U.S. District Court ordered the company to cease airing an animated commercial demonstrating the razor angling hair away from the skin. The court order resulted from a lawsuit filed by rival Energizer Holdings, which markets the Schick brand razor.