David Miller Gomez-Giron, who oversees multicultural marketing for Procter & Gamble's Bounty, Charmin and Pampers brands, says Hispanic shoppers "are very price-sensitive and value-oriented consumers." He said Hispanic customers are willing to pay more for high-quality products because they know "you get what you pay for."
FMI expects more than 350 attendees at its Food Industry Sustainability Summit, which starts today in San Francisco. Panels will include conversations on best practices, supply-chain greening and specialty produce.
Major retailers in Australia are warning that the government's proposed scheme for emissions trading will increase food prices by as much as 7%, amounting to a de facto tax. Russell Zimmerman, executive director of the Australian Retailers Association, said the emissions trading scheme would add to costs at every stage in the food production and distribution process.