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Another Casualty of the Smartphone War

https://www.reuters.com/article/us-lg-elec-smartphones-idUSKBN2BS1M3 There was a big announcement in technology this week, with South Korea's LG announcing they will shut down their smartphone business effective July, 2021, and shift their investment and focus toward smart home products, electric vehicle components, robotics, artificial intelligence, business-to-business products and other connected devices. So, what happened? A Quick History of the Smartphone …

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How Hormel’s Acquisition of Planters from Kraft Heinz Underlines the Importance of Brand Strategy

https://finance.yahoo.com/news/why-spam-maker-hormel-just-bought-115-yearold-planters-for-335-billion-144921127.html Hormel announced they are buying the Planters, Cheese Balls & Corn Nuts brands from Kraft Heinz for $3.35 billion. While this deal had been rumored for some time, it's helpful to understand why this makes sense and the different trajectories of these two CPG conglomerates. The Struggles at Kraft Heinz Prior to the merger …

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A Culture of Innovation

While Amazon.com's earnings reports are always anticipated, Tuesday's results were accompanied by a big announcement, even by their standards. Amazon.com CEO Jeff Bezos will be transitioning out of his current CEO role to become Executive Chairman in the third quarter. Anytime there is a leadership change, employees and investors get nervous. What makes this particularly …

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Agility in Grocery Innovation

https://progressivegrocer.com/what-food-retail-innovation-means-now?utm_source=omeda&utm_medium=email&utm_campaign=NL_PG+Daily+5&utm_keyword=&oly_enc_id=5012I1567089B5Y Recently the world's 50 most innovative companies were ranked. Not surprisingly, the list includes a mix of technology, e-commerce, pharmaceutical & consumer products stalwarts. Of note, there are also some retailers: Wal*Mart, Target & Costco. Defining Innovative Is McDonald's truly innovative? What about an energy conglomerate like Royal Dutch Shell? One focuses on speed, …

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More Expansion of Plant Based Options

Purple Carrot is partnering with Whole Foods to bring a line of frozen plant-based meal solutions to consumers. Prior to COVID-19, ready-to-serve and meal bar preparation options were in growth mode, but will likely change as concerns about food handling persist. Frozen meals present a proven way to keep most of the key nutrient benefits …

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Virtual Event Tips

https://www.smartbrief.com/original/2020/05/these-tips-will-make-your-virtual-event-home-run As more virtual meetings are held, and more virtual conference and presentations are planned, the attached article highlights some of the best practices to experience an impactful virtual event...whether you are the presenter or an attendee. Interestingly, the advice is applicable to both live and virtual events. The main difference is the how. Tip: …

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Ketone Brain Power

https://www.theguardian.com/science/2020/mar/06/low-carb-diet-may-reverse-age-related-brain-deterioration-study-finds?fbclid=IwAR0fuHMrOrV-oWL0neYcwiLPXR7P80dqfs8uUmC6ZXFQOaeQGnuWvXSP5F4 Food as fuel is one my favorite phrases. There is so much power in such a short phrase, and now another study may provide clues of how food can also be brain fuel. Researchers set out to understand how diet effects brain aging, and found a combination of bad news & good news. Bad …

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The recovery at Kraft Heinz starts with the fundamentals

https://www.forbes.com/sites/paultalbot/2020/02/04/fresh-leadership-and-fresh-brand-focus-at-kraft-heinz/#515bcaf86ada Since April 1, 2017, Kraft Heinz Company (KHC) stock has plummeted from $90/share to $30/share. When a stock loses almost 70% of its value, the problems run deep and changes are desperately needed. But change without a vision and strategy becomes busy energy without focusing and harnessing the company's resources to begin the turnaround. …

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