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Reed’s to debut kombucha beverage

BY Ryan Chavis

LOS ANGELES — Reed's, a manufacturer of natural foods products, will add an organic coffee kombucha beverages to its line of Culture Club Kombucha. It's expcted to arrive on store shelves across the country this fall, and will be showcased at the Natural Products Expo in Baltimore from Sept. 18 to 20. 
 
“The kombucha culture is traditionally grown in a tea base. We decided to try to grow the culture in a coffee base instead and were excited by the results. With 83% of American adults drinking coffee every day, it made sense for us to marry an organic coffee with our signature long-aged kombucha,” said Chris Reed, founder and CEO of Reed’s. “Recently, we had married coconut water and our Kombucha in a new product launch that is now one of our top-selling varieties. We’re excited to share this new category innovation. Our largest distributors have already shown enthusiasm for this new product.”
 
The nine varieties of live and organic Reed's Culture Club Kombucha, as well as the companie's other products — Reed's Ginger Brews and Virgil's Natura Sodas — are available in natural food stores and grocery stores across the country. 
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Dollar Tree and Family Dollar receive second request for information from FTC

BY Michael Johnsen

NEW YORK — Dollar Tree and Family Dollar Stores received a second request for information from the Federal Trade Commission regarding Dollar Tree's pending acquisition of Family Dollar, the Wall Street Journal reported Tuesday.
 
Family Dollar last week announced it had expected a second request to come when the company rejected Dollar General's $9.1 billion bid. "The fact that a Second Request is expected for the Dollar Tree transaction clearly shows the very close scrutiny a Dollar General transaction would receive," Family Dollar stated, citing antitrust concerns in its rejection of the Dollar General deal. 
 
According to WSJ, the companies reiterated that they expect the deal to close as early as the end of November.
 
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Mondelēz International releases first progress report on well-being goals

BY Ryan Chavis

DEERFIELD, Ill. — Mondelēz International issued its first report emphasizing the company's progress in achieving its global well-being goals. The report outlines important steps the company has taken to meet key metrics in such areas as mindful snacking, sustainability, communities and safety. 

“Our business success is directly linked to enhancing the well-being of the people who make and enjoy our products and to supporting the communities where we grow our ingredients. It’s this belief that inspired our Call For Well-being,” said Irene Rosenfeld, chairman and CEO. “We’ve made important progress in answering this call. Yet we realize there’s still more to be done. We’ll continue working with our employees, partners and communities to develop solutions that help create lasting change.”
 
Since the company's launch in October 2012, Mondelēz International has supported its well-being efforts by providing consuemrs with health-conscious snacking options, securing a sustainable agriculture supply, reducing its environmental footprint, collaborating with communities to promote healthy living and making sure the people who produce and enjoy the snacks the company makes are safe. 
 
The company released a summary regarding its progress in achieving those goals:
 
Mindful snacking
  • Projected to meet goal of delivering 25% of revenue from Better Choices by 2020. In 2013, 22% of revenue was from Better Choices products, the company reported; and
  • On target to increase individually wrapped portion control options by 25% by 2020. Since 2012, Mindful Portion products grew by 7%.
 
Sustainability
  • In 2013, 10% of cocoa, 56% of coffee and 44% of West European biscuits were sustainably sourced, according to the company;
  • On target to reach global goals to reduce greenhouse gases and water use in manufacturing by 2015. In 2013, the company reduced water use by 11% and GHG emissions by 9%;
  • The company reduced energy use by 6% through 2013, but noted that more improvement is needed to reach goal of reducing energy use in manufacturing by 15% by 2015; and
  • Exceeded goal to reduce manufacturing waste by 15% by 2015 — 46% reduction through 2013. 
 
Communities
  • On target to meet goal to invest $50 million in lifestyle community partnerships. In 2013, allocated $25 million to programs covering 10 countries.
 
Safety
  • On target to achieve food system safety certification for all interanl manufactuering facilities by 2015. By end of 2013, 75% of manufacturing sites were FSSC 22000-certified. 
 
The company will provide annual updates on these metrics going forward. The full report can be viewed here.  

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