Consumer Packaged Goods
Top stories summarized by our editors
10/18/2018

Procter & Gamble has debuted a pilot program allowing consumers to order customized Gillette razors created using 3D-printing technology from Formlabs. Shoppers can order from among seven colors and 48 designs when selecting a razor style.

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CNBC
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Procter & Gamble
10/18/2018

The Hershey Co. brought its Kisses brand to India store shelves Wednesday as an early step in the firm's plan to invest $50 million there through 2023. "We really want to invest to leverage the huge population growth, the move of consumers into middle class and the increasing disposable income, and that's really about China and India," says CEO Michele Buck.

10/18/2018

PepsiCo has observed disruptions in such areas of technology as e-commerce, customization and large data sourcing, and the company is preparing for them by looking ahead, said Lucia Ponginebbi, vice president of global research and development for PepsiCo's snacks platform. "I believe that foresights, as opposed to insights, need to become a more common tool for innovation and transformation," she said.

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Innovation Enterprise
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PepsiCo
10/18/2018

As kombucha and plant-based milk continue to rise in popularity, beverage producers are trying to distinguish their products with on-trend colorings. However, the pH, existing colors and unique processing systems in these products can present challenges when aiming to develop eye-catching hues, writes Jeff Gelski.

10/18/2018

Mountain Dew has signed a deal with WNBA player A'ja Wilson, marking the firm's first personal endorsement deal with a female basketball player. "Dew is a brand that I love because of its dedication to bringing fans closer to the game and the lifestyle -- and because they know how to have fun," she said.

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SportsPro Media
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WNBA, basketball
10/18/2018

More than a dozen investors recently contributed to a $1 million angel funding round for Riff Cold Brewed Coffee. The Oregon company makes a line of ready-to-drink bottled coffees and aims to boost distribution by year's end.

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BevNet
10/18/2018

Peanut Butter Crunch Toffee from Dave's Sweet Tooth won the best new non-chocolate product award at Efficient Collaborative Retail Marketing's Candy Planning: Everyday & Summer Seasonal event. Meanwhile, Koko's Confectionery & Novelty's DC Comics Light-Up Spray Candy and Tru Fru's Indulge on the Go lineup won in the new novelty and new chocolate product categories, respectively.

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Candy Industry
10/18/2018

Functional chewing gums encourage habitual use that can reduce the risk of vitamin overdose while increasing compliance compared to other vitamin supplements, according to a study published by Penn State University's Department of Food Science. The study was intended "to guide the development of novel formulations of vitamin-supplemented chewing gums with improved performance characteristics," the report's authors said.

10/18/2018

Although online grocery sales have more than tripled in the last five years, it's unclear where that leaves candy sales, Crystal Lindell writes. Coupons may help encourage chocolate and candy purchases during virtual checkouts, but the industry still has work to do to adapt to online grocery shopping, she notes.

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Candy Industry
10/17/2018

Instacart has received $600 million in additional capital investment from hedge fund D1 Capital Partners, targeted by management to help further the company's North American expansion. This latest investment brings the online grocery delivery company's value to $7.6 billion.

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Instacart