Innovation in candy, gum and mints creates big opportunities and even bigger margins for space-challenged category managers. Consumers appear to be shying away from ’intense’ or ’extreme’ mints in favor of flavors. Convenience retailers should expect some volatility when it comes tofamously unpredictable categories like tobacco and gasoline. But candy? Sweet,innocent candy? In the past [...]
For these two retailers, chocolate bars had an exceptional year in 2004. Based on early results, they expect the segment’s performance to only sweeten in 2005. When the convenience store industry tries to breathe new life into a sluggish category, one of the first suggestions often made is to reduce price. But when it came [...]
Cereal ain’t just for breakfast anymore. A new concept called Cereality caters to all customers and all dayparts by recreating a cherished childhood experience. Starbucks may soon have competition for consumers’ "third place," after home and the office. Near the University of Pennsylvania campus in downtown Philadelphia stands the Cereality Cereal Bar & Caf, an [...]
Next month rings in a new year, bringing with it plenty of never-before-seen product innovations. The low-carb fad that swept the U.S. market in 2004 sparked the launches of more than 3,100 new food and beverage items through late November. But the trend has begun to wind down, leaving the door open to new developments [...]