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Thursday, 16 February 2012 |
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Mars, the maker of Snickers and Twix candy bars, will stop selling chocolate products with more than 250 calories (1 047kj) in them by the end of next year, a spokeswoman said this week.
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Thursday, 16 February 2012 |
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The cereals giant Kellogg hopes to add some more snap, crackle and pop to its financial results with the acquisition of Pringles. The $2.7bn (£1.7bn) deal adds the famous tubes of saddle-shaped crisps into a portfolio that includes Kellogg's Corn Flakes, Rice Krispies, Special K and Cheez-It crackers. Pringles brings in revenues of about $1.5bn, tripling the size of Kellogg's non-cereal snacks division and adding 1 700 employees.
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Tuesday, 14 February 2012 |
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5-Hour Energy, the two-ounce (60ml) caffeine and vitamin elixir that purports to keep you alert without crashing. In eight years 5-Hour has gone from nowhere to $1 billion in retail sales. Truckers swear by it. So do the traders in Oliver Stone’s 2010 sequel to Wall Street. So do hungover students. It’s $3 a bottle, and it has made Bhargava a fortune.
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Monday, 13 February 2012 |
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A new group chief brewer has been appointed at SABMiller to replace the present one, Barry Axcell, who plans to retire in July, the company reports.
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Monday, 13 February 2012 |
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Preparing for the worst under the European Union’s uber-strict health claims regime, a Danone spokesman says the company may have to concede defeat and that the world’s highest-selling functional food category could disappear altogether.
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Monday, 13 February 2012 |
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Red Bull has received approval from Brazil's state development council for the installation of a soft drinks plant in the country, the first plant in the world to be fully owned by the Austrian energy drinks maker.
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Friday, 10 February 2012 |
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The world's two super-cola powers, PepsiCo and Coca-Cola, have outlined business plans this week to better compete against each other and please shareholders: both are looking at cutting costs dramatically while at the same time investing those saved millions into marketing...
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Thursday, 09 February 2012 |
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A year after pledging to develop a front-of-pack label that would give its customers an easier way to identify healthier food, Wal-Mart Stores has unveiled the "Great For You" icon. Part of the company's healthier food initiative, the icon is an effort to implement a transparent, summary icon for its private-label brand products backed by rigorous nutrition criteria.
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Friday, 03 February 2012 |
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PepsiCo has announced that Diet Mountain Dew, Brisk and Starbucks ready-to-drink (RTD) beverages have each grown to more than $1 billion in annual retail sales, expanding PepsiCo's portfolio of billion-dollar brands to 22. PepsiCo offers the world's largest portfolio of billion-dollar food and beverage brands.
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