Summit Notebook

Feeding America’s six degrees of separation

March 17, 2009

While the six degrees game is tied to Kevin Bacon, connections to other celebrities are helping a major charity.

from DealZone:

Little orphan brandie

March 17, 2009

FOOD-SUMMIT/B&GB&G Foods Inc wants the small, orphan brands that no one else loves. 

"We have a laundry list and any number companies that we talk to on a regular basis," said B&G Chief Executive David Wenner. "We're buying all these things people don't want to run."

How much for the bag of magic (soy)beans?

March 17, 2009

The weakening of the U.S. dollar and other currencies has led farmers around the world to value their crops more highly than they do money, said Dan Basse, president of agricultural research firm AgResource Co

from Shop Talk:

Let them eat steak

March 16, 2009

meatTired of paying high prices for everything from soup to cereal? See your butcher.

Sleek new look for Wal-Mart’s Great Value

March 16, 2009

Wal-Mart’s Great Value private brand is getting a makeover just in time for its sweet sixteen. 

Recession? Not at Reckitt, really

March 16, 2009

The recession has hit U.S. consumers, yet Reckitt Benckiser has not felt as much of a pinch.  The maker of Lysol disinfectants and Air Wick air fresheners said shoppers did not shy away from its products even as the overall household products industry felt the impact of pantry destocking, or consumers using up what they had at home rather than buying more products.
Rob De Groot, head of the group’s North America and Australia region, told the Reuters Food and Agriculture Summit in Chicago that he did not see a massive consumer destocking.  Click here to hear his comments