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Period: May 6, 2018 to May 13, 2018
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends

Fast-Growing Danish Bakery Alights In Manhattan This Year

A 20-year-old Danish bakery chain has expanded to the U.K. and will soon open its first store in the U.S. Founded in Christianshavn Denmark, the Lagkagehuset chain is majority-owned by the Norwegian capital fund FSN, whose cash infusion – and an 18 percent increase in sales in 2017 – is making the international expansion possible. CEO Jesper Friis said Lagkagehuset is looking forward to “exporting a small piece of Danish cultural history” when its Manhattan location opens this year.

"Well-known Danish bakery opening in the U.S.", CPH Post Online, April 30, 2018

Nutrient-Dense Grain Foods Are Ideal For Older Americans

A new study has found that regularly eating a variety of grain foods, along with fruits and vegetables, contributes to the nutrient density needed by Americans over age 50. This age group is not getting those nutrients in their diets, according to the study published in the journal Nutrients and presented at a recent scientific meeting. The trade group Grain Foods Foundation said older people should think twice before giving up bread and other grain foods because they are nutrient-dense. They contain dietary fiber, folate, magnesium, calcium and iron, vitamin A, vitamin E, vitamin B12, niacin, and thiamin. Breads, rolls, and tortillas contain thiamin, niacin, dietary fiber, folate, and iron. These foods “can play a key role in helping older Americans meet recommendations for under-consumed nutrients and nutrients of public health concern," said one of the study’s authors.

"New Study Shows Breads And Cereals Contribute Many Nutrients Older Americans Are Missing For Healthy Aging; Data Presented at American Geriatrics Society Annual Scientific Meeting", PR Newswire, May 03, 2018

Panera Rolls Out Delivery Program Nationwide

Panera Bread is expanding its food delivery service nationally to 897 cities and 43 states via the Panera app or website. The company said its products will be available for lunch and dinner to officers, hospitals, college campuses and, in participating markets, to homes.According to CEO Blaine Hurst, "Delivery is fueling our next phase of growth.”Panera is using its own delivery drivers in the expansion – it has hired 10,000 so far – and says it has already created 13,000 jobs. Digital sales at Panera comprise online, app and kiosk orders and represent 30 percent of total company sales. Deliveries are possible with orders as small as $5 menu purchase plus tax and a $3 delivery fee in most markets. The company operates 2,076 bakery-cafes in 46 states and in Ontario, Canada.

"Panera Bread Unveils National Delivery Service", GlobeNewswire, May 08, 2018

Cone-Shaped Pizza Chain Expands To Northern California

An Italian company that makes cone-shaped pizza is opening latest U.S. location near the University of California-Berkeley campus. The menu of Kono Pizza, which has 12 other locations around the U.S., features Classic Kones (cheese, meat, sausage, pepperoni and vegetable), Dessert Kones (tiramisu, nutella, cannoli, etc.), and smaller Kids Kones in cheese or peanut butter and jelly. The dough and sauces are imported from Italy and the cones are made to order using a low-skim, low-moisture cheese. They are layered with sauce, cheese and toppings in a vertical fashion before being baked in a special oven. Baking takes only three minutes, making it a perfect on-the-go option, the company says.

"Italy's pizza in a cone is coming to Berkeley this month", The East Bay Times (California), May 08, 2018

Mobile Trailer Bakery Specializes In Huge Cookies

One would think that housing a bakery in a mobile trailer is unique enough. Not so for Serious Cookie Co., which turns out hefty half-pound cookies in a variety of flavors, including chocolate chip, Macadamia nut, creamy peanut butter or pecan, all  topped with ice cream, whipped cream, or ribbons of chocolate and caramel sauce. The family-owned business – three generations participate – sells about 50 cookies a week, shrink-wrapped and boxed with a handwritten note. The cookie trailer appears at many Southwest Florida festivals, fairs and events, and can be booked for birthday parties, weddings and other private happenings. The company’s top seller? “Plain ol' chocolate chip.”

"Seriously huge; cookies made at Serious Cookie Co.", Naples Daily News (Florida), May 09, 2018

Tinkering With Sourdough Process To Improve Digestion

Canadian and U.S. wheat-promoting agencies are funding research into whether the fermentation process used to create sourdough bread could be tweaked to make it “a more easily digested food option” for people with wheat allergies. The sourdough fermentation process breaks down proteins and carbohydrates in wheat flour that are known to cause wheat sensitivity. Canadian food microbiologist Michael Gänzle's project aims to better understand whether this fermentation process is sufficient in reducing adverse effects and hopes to define the best practices for making easily-digestible bread. Funding for the three-year project will total $147,250. "This is a unique project that has exciting potential for the baking industry," said Laura Reiter of the Saskatchewan Wheat Development Commission.

"Sourdough bread research aims to improve prospects for wheat sensitive individuals", Prairie Post, May 11, 2018

Companies, Organizations  

Coke’s Strategy In India Is Paying Dividends

Coca-Cola CEO James Quincey’s strategy in India – focus on its product portfolio, bottling operations, distribution, and sales and communication – is paying off after years of sluggish sales. Popular drinks like Coca-Cola, Fanta, and Thums Up all experienced torpid sales, a situation worsened by demonetization. By September 2017, the company began to see a turnaround as volumes grew six percent during the quarter. By March 2018, the company had posted three consecutive quarters of growth. Portfolio changes eliminated gaps for competitors at critical price points: smaller packs of juices, new fizzy drinks, expansion of the premium drinks line, and a stronger mid-range line were all implemented. Lastly, to boost distribution, bottling unit Hindustan Coca-Cola merged two sales forces that were selling popular and juice-based drinks.

"Worst over for Coca-Cola? Multi-front strategy boosts sales in India", Business Standard , April 27, 2018

Coca-Cola Packaging In Japan Boasts Uniquely Japanese Styles

Coca-Cola’s packaging in Japan always features the characteristic logo and red color, but in recent years has also been distinguished by “bits of distinctively Japanese flair.” Collectible beverage bottles often salute popular tourist attractions (e.g., Tokyo, Kyoto, Yokohama, Shinto shrines, cherry blossoms, etc.). But a newly-released batch features characters and scenes from the world of anime, the country’s unique style of hand-drawn and computer animated cartoons. The new 250 ml bottles, available in stores ($1.14), vending machines ($1.37) and other locations only on the island of Shikoku, are decorated with images of Megumi, Chiwa, and Mao, all characters from the anime television series “Ohenro” (“pilgrims”).

"Coca-Cola releases special anime-design bottle just for Japan", SoraNews24, May 07, 2018

Market News  

Coca-Cola India Launches Fortified Drink Powder At Reduced Price Point

Coca-Cola India has introduced an affordable water-soluble beverage powder in a bid to attract consumers to the company’s products. At 7¢ a packet, the price of Minute Maid Vitingo harkens back to the days when the company sold bottles of Coca-Cola at 7¢ apiece. The price was discontinued in 2004. Coca-Cola President T. Krishnakumar said the low price of the orange-flavored beverage fortified with micronutrients would expand the market “to the segment which cannot afford most of the packaged beverages.” Vitingo was launched at 4¢ a packet in 2010 with the help of non-governmental organizations and self-help groups and targeted consumers in rural areas of the country. Vitingo’s main competitors are Glucon-D from Kraft Heinz, and Glucose-D from Dabur India.

"Coca-Cola unveils Vitingo at Rs5 in bid to boost reach", Livemint, May 03, 2018

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