Aggressive Tobacco Pricing to Come

Altria Group recently lowered the price on some of its tobacco products, growing its total cigarette market share, and Reynolds American and Lorillard will also drop cigarette cost in an effort to gain back market share, Dow Jones Newswire reports. Lorillard and Reynolds American both pointed to a competitor (Altria, although not specifically named) for…

Heineken USA Unveils New Products

Heineken USA has several new additions focused squarely on the convenience store market. Representatives in the company’s booth at the recent NACS show said retailers are often surprised to find out just how many brews the importer has in its portfolio. In addition to its traditional brands, the White Plains, N.Y.-based company showed a selection…

Big Brewers Investing in Cider

With beer consumption on the decline, Heineken NV, Anheuser-Busch InBev NV, and Carlsberg have intensified their efforts to sell cider, a segment that saw U.S. volumes grow 20% last year, Bloomberg reports. The stats come from Euromonitor International, which also reported that U.S. beer consumption fell 2% last year. And with craft beer sales growing…

Consumers Want Fresh

Consumers are increasingly turning away from processed foods toward fresh alternatives and especially produce, said three industry experts in the panel discussion, “Turning Customers into Consumers to Increase Consumption” at last weekend’s Fresh Summit held in Anaheim, California. “The number one trend we see in terms of what’s going on with food culture is the…

Snack Bars Outpace Market

A new research report shows the U.S. snack bar market has grown at twice the rate of other snack foods and nearly three times the rate of the overall packaged food sector during the past decade. And Rabobank forecasts strong continued growth in the category in the years ahead, powered by favorable consumption trends and…