Consumer Brands Association Forms Board for CBD Oversight      

The Consumer Brands Association has launched an advisory board to guide the organization’s work to enhance safety and ensure appropriate oversight in the burgeoning cannabidiol (CBD) market for consumer packaged goods (CPG).

Joining the CBD Advisory Board are: Mick Cornett, former Oklahoma City mayor; Edward Davis, former commissioner, Boston Police Department; Tom Galvin, executive director, Digital Citizens Alliance; Karen Tandy, former administrator, U.S. Drug Enforcement Administration; and Michael Taylor, former deputy commissioner, U.S. Food and Drug Administration.

“The individuals that we have assembled have decades of experience in tackling issues like the one we face today — the smart regulation of CBD,” said Consumer Brands Association President and CEO Geoff Freeman. “Each of the advisory board members brings a unique perspective that will be crucial in helping inform and guide the CPG industry’s advocacy approach on this rapidly evolving issue.”


Awards and New Board for FMI

New board members for 2020 were named by FMI - The Food Industry Association at its recent Midwinter Executive Conference in Scottsdale, Ariz. where achievement awards were also given out.

Several product suppliers were named to the board as FMI ushered in a new term chairman, Randy Edeker, chairman, president and CEO of Hy-Vee. The newest product supplier members were:

  • Mary Barnard, Mondelez International
  • Steven Oakland, TreeHouse Foods
  • Michael Potthoff, Anheuser-Busch Companies
  • Steven Williams, PepsiCo
  • Steve Presley, Nestlé USA

FMI honored the following six individuals who have elevated the food industry through their investments in talent, the customer and for transforming the business environment:

  • Kevin Davis, president and Co-CEO, Bristol Farms
  • Al Carey, North America CEO (retired), PepsiCo
  • Mark Skogen, president and CEO, Festival Foods
  • Henry Johnson, president (retired), W. Lee Flowers & Co. 
  • Craig Boyan, president, H-E-B
  • Natalie Menza-Crowe, RD, MS, director of health and wellness, Wakefern Food Corp.

“The food industry is a people business; in our operations, there are three necessary virtues that make the food industry a noble enterprise: customer service, community support and an investment in people,” said FMI President and CEO Leslie Sarasin. “Each of our honored leaders possess these virtues and have established industry-influencing legacies of enriching the lives of those in the communities they serve.”


Shoppers Turning to Dollar and E-Commerce Channels

As consumers prioritize saving time, effort and money, they are shifting their shopping habits to channels they feel best support them, according to IRI’s Q4 2019 Consumer Connect Survey.

“Certain channels – such as dollar and e-commerce – provide stronger value propositions to customers, and are gaining shopper visits, while more traditional retail channels, such as mass market, supercenters, drug and grocery show declining visits. This suggests that, despite their confidence in the future, consumers are still focused on finding new ways to save,” said Joan Driggs, IRI’s vice president of Content and Thought Leadership.

She said the ease and value of the dollar channel led consumers to increase the frequency of trips per month and per-trip spending compared to a year ago, relative to competing channels. E-commerce platforms also experienced a greater number of trips, but saw average basket size decrease, as shoppers got more comfortable with the platform and the expectation of quick delivery.


FMI Sets New Strategy, Changes Name

The Food Marketing Institute (FMI) has launched a renewed brand identity as FMI – The food Industry Association, reflecting its strategy to more broadly represent the food marketplace and embrace a more interconnected supply chain.

FMI said the new identity reflects its strategy to expand its representation of the food marketplace from its traditional membership of grocery and other food retailers to include their suppliers and other business partners.

“FMI provides the most productive forum for connecting and holding constructive dialogue across the food industry,” FMI President and CEO Leslie Sarasin remarked on the association’s announcement regarding a renewed focus. “Driven by consumer relevance, we are in the business of food, wherever it is bought, sold or produced, and we are well-positioned to represent everything in the shopping basket – and work closely with every participant in the marketplace.”


Amarna Enhances Food Safety

Vantage Specialties, dba The Amarna Company, has deployed automated compliance management to ensure a commitment to safe quality food standards. The company manufactures food-grade, water-based release agents for the food industry.

The company adopted the ReposiTrak Compliance & Risk Management Solution to automate supplier document collection and support adherence to Safe Quality Food (SQF) standards.

Amara chose the solution “because it will help us with SQF audits,” said Stephanie McDonald, Amarna’s Quality Assurance Manager, “as well as assist us with keeping required documents current for food safety.”





















       

























































































































































































 











































































































































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CPG MARKET WATCH
                                                                         Early February 2020
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