ReportersNotebook — Consumables, 10/10/11
SUPPLIER NEWS — T.G.I. Friday’s has launched new Entrées for One frozen meals, which include nine varieties: sizzling chicken fajitas, sizzling steak fajitas, grilled chicken mac and cheese, prime rib stroganoff, chicken and broccoli alfredo, loaded chicken and cheese, Cajun-style chicken alfredo, sesame orange chicken, and creamy chicken pasta carbonara. The frozen entrées carry a suggested retail price of $3.99.
Omega Water — a new water brand developed by Mycell Technologies and Nature’s Way Pure Water Systems’ joint venture Nature’s Omega — is being touted as the first zero-calorie, flavored bottled water fortified with 100 mg of omega-3s and six essential daily vitamins. It is available in Lemon Squeeze, Orange Splash, Fruit Fusion and Berry Breeze flavors for a SRP of $1.99.
Kraft Foods chairman and CEO Irene Rosenfeld in September said that taking the company’s performance to the next level required “a bold approach,” referring to August’s announcement to split the business. Rosenfeld said the split — which will be put in effect in late 2012 — was “the best way to stage our businesses for long-term success.”
Kraft Foods announced that the global snacks business will consist of the current Kraft Foods Europe and Developing Markets units, as well as the North American snacks and confectionery businesses. The North American grocery business would consist of the current U.S. beverages, cheese, convenient meals and grocery segments and the nonsnack categories in Canada and food service.