Coca-Cola is establishing supply chains and considering packaging, price and availability as it prepares to expand in rural India, a market with 700 million people. "We need to make our products available, we need to make the products affordable, we need to make sure the packages are at the right size," said executive Joseph Tripodi, who also said a goal is to "get our manufacturing closer to the people."
McDonald's announced sales growth of 3.5% in the U.S. and 4.8% globally, fueled by its new McCafe line of premium coffee drinks. The company also introduced the Angus burger and continues to focus on favorites such as the Big Mac, spurring growth at a time when total restaurant traffic is dropping.
Massimo d'Amore, chief of PepsiCo's Americas Beverages, said in an interview that Gatorade's re-branding effort "is not a gamble" and "will work in the long run." The move, which replaced the word "Gatorade" on the sports-drink bottles with the letter "G," was unveiled in January.
New Leaf Brands' New Leaf Tea is available at all Sheetz convenience store locations. Ty Harris, regional manager for New Leaf, praised Sheetz for being open to new concepts and often being the first to sell something new.
A CDC report says obesity rates in low-income preschool-aged children seem to be leveling off after five years of increases, though the numbers are still high. The rate of obesity in children ages 2 to 4 jumped from 12.4% in 1998 to 14.5% in 2003, but has held steady since then, with a 2008 rate of 14.6%.