Leaders can't build a great team unless they are willing to delegate, solicit ideas and thank people for them, and let people take action on those ideas, writes Joel Garfinkle. "Employees rally around leaders who allow them to learn through doing and raise them up when they've done well," he writes.
Consumer packaged goods brands are facing a potential threat from Amazon, which may launch its own competing products. Selling on Amazon in that environment could be perilous, so brands are exploring alternatives to the giant retailer for their e-commerce offerings.
Mergers and acquisitions have been on the rise in the restaurant world, including JAB Holdings' acquisition of Panera Bread and Restaurant Brands International's purchase of Popeyes Louisiana Kitchen. "If you look at capital to be invested across America now … the restaurant industry has been a favorite. Part of that fundamental relates to American consumers: Through bad and good times, they enjoy going to restaurants," said NRA's Hudson Riehle.
Three New York City neighborhoods are seeing a surge in new eateries, despite rising rents. Major mixed-used projects are bringing new residents and restaurants to the Prospect Heights and Dumbo neighborhoods, and fast-casual concepts are flocking to the Columbia University area in Morningside Heights.
Food retailers can use cross-promotion to boost sales in the fresh and frozen sections through strategies including placing mobile freezers in the fresh department or using seasonal pairings to create an occasion for putting a display of fresh food in the frozen aisle, industry experts said. To avoid the challenges associated with the logistics of physically cross-promoting foods between the fresh and frozen sections, retailers can also consider using price-point promotions that connect foods across the store, such as apples and frozen pie shells, they said.
School nutrition professionals in a Georgia district encouraged more students to purchase school meals during National School Lunch Week by offering rewards to classes with the highest participation. Local officials also visited the school for lunch.
Procter & Gamble has been able to stay on the cutting edge of innovation during its 180-year history by ensuring that its brands maintain personal connections with consumers, said Olga Lahuerta, head of innovation and consumer insights. Although most consumers can't completely avoid technology, many of them still want to experience the "human touch" as well, she said.
Ocean Spray is bringing a three-flavor line of ready-to-drink, organic cranberry juice blends to market. In addition the company is rolling out an unsweetened cranberry juice option that logs 60 calories for each eight-ounce serving.
Nestle has pledged that the broiler chickens sourced for its food products will meet the standards outlined in the Global Animal Partnership by 2024. "This matters to our consumers who expect affordable, high quality foods without comprising on animal welfare, and it matters to us," said Nestle USA CEO Paul Grimwood.