NU FS100 Lecture Notes - Lecture 4: Chocolate Chip, Mondelez International, Sustainable Packaging
21 Jan 2018
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Open discussion on eclass: to get immediate answers and group discussion. Food companies how they change through mergers and acquisitions. Nestle is losing market share to premium brand lindt. Private label retailer: iceland (sell ready to eat meals) we call them rte, frozen microwavable meal or just a component like the vegetable or meat. They will get rid of plastic and go for cardboard or paper. Because there is more recycling with paper based packaging. They are not going to take the cost from the consumers. Sales will not be affected because of a survey that said 91% people are willing to pay more for sustainable packaging. They have to look into that they didn"t compromise food safety and shelf life is not affected. In the food industry, we differentiate between private label and national brands. In canada, private labels like pc (george western??) (sobey"s and safeway) and no name are seen.
