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  • Kraft Heinz proposes $143B merger with Unilever

    PITTSBURGH — Kraft Heinz proposed a $143 billion merger with Unilever, but Unilever rejected the bid, stating it undervalues its company.

    "Unilever rejected the proposal as it sees no merit, either financial or strategic, for Unilever's shareholders. Unilever does not see the basis for any further discussions,” the company said in a statement.

    Although Unilever rejected the initial proposal, this may not be Kraft Heinz’s only merger proposal.

  • Mondelez unveils Teddy Soft Bakes

    EAST HANOVER, N.J. — Mondelēz International on Thursday rolled out its new treat that joins Teddy Grahams in the Teddy brand portfolio. The snack, already known around the world as Barni, will hit the U.S. as Teddy Soft Bakes. 
     
    Teddy Soft Bakes are a fluffy, soft-baked filled snack in the shape of a bear that comes in two varieties, chocolate filling and vanilla-flavored filling. 
     
  • Southeastern Grocers launches private-label transformation

    JACKSONVILLE, Fla. — Southeastern Grocers, which operates the Bi-Lo, Fresco y Más, Harveys and Winn-Dixie banners, announced Thursday that it will be transforming its private label brand in its largest-ever undertaking, which will encompass some 3,000 items across categories throughout each banner. 
     
  • Four Loko unveils first Bold Series varieties as brand grows segment share

    CHICAGO — Phusion Projects, maker of the Four Loko brand of malt beverages, announced Wednesday the first of the product innovations that it has scheduled for this year with the launch of its Four Loko Bold Series. The announcement also comes as the company marks a robust sales year. 
     
    Four Loko Bold Series’s first two additions are Four Loko Frost and Four Loko Blaze. 
     
  • Angry Orchard rolls out seasonal Tapped Maple, limited-release Spiced Apple varieties

    WALDEN, N.Y. — Angry Orchard on Tuesday announced the launch of its latest cider inspired by the seasons. Angry Orchard Tapped Maple, which is available through April, takes its inspiration from the late winter tapping of maple trees, blending American culinary apple with a hint of Vermont maple syrup. 
     
  • CVS highlights ‘Snacks That Give Back’ at more than 2,300 stores

    WOONSOCKET, R.I. — CVS Pharmacy launched a new initiative, “Snacks That Give Back,” which highlights more than 30 better-for-you snacks that support charitable causes, fair labor and sustainability.

    These products are featured at a trend zone-themed area in the store at 2,367 locations through early May.

    Items included in the Snacks That Give Back trend zone are:

  • Sprite, Sprite Zero roll out cherry flavor

    ATLANTA — Coca-Cola’s Sprite brand on Monday announced that Sprite Cherry and Sprite Cherry Zero were hitting shelves. The varieties are available in a 20-ounce bottle and are both caffeine-free. 
     
  • P&G, GSK Consumer Healthcare, other brands among Product of the Year winners

    NEW YORK — The 2017 Product of the Year Award winners, chosen from a national survey of 40,000 consumers conducted by Kantar TNS, were announced Friday, and some big-name brands are among those honored at the Feb. 9 awards show in New York City’s Edison Ballroom. 
     
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