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☆ Higher Food Prices Bring Bigger Profits, but Consumers Start to Resist
▼ + stars: | 2023-04-28 | by ( Lora Kelley | ) www.nytimes.com time to read: 1 min

Brenetta Smith used to buy brand-name foods like Oreos and Doritos without thinking twice. But when she noticed that food prices at her local supermarket, Aldi, were soaring, she realized she had to do something different: “I have to change the way I shop,” she said. So Ms. Smith, 40, a stay-at-home parent in Memphis, started stocking up on dry goods like rice and flour, freezing meat that she bought on sale and avoiding packaged foods, which meant no more Oreos and Doritos. “Even when the world returns to normal, you can still maximize your paycheck and your income,” Ms. Smith said. She started posting budget tips on TikTok in December, and she quickly amassed a following.

☆ Consumer goods stocks are set to keep running, and it's not too late to buy, Jim Cramer says
▼ + stars: | 2023-04-28 | by ( Natasha Piñon | ) www.cnbc.com time to read: +1 min

Food and consumer goods stocks are poised to keep running, Jim Cramer said Friday, at least if no external news drags down the entire market. The resilience of snack and packaged-goods stocks will hold particularly true as debt-ceiling talks flounder, he added. Colgate-Palmolive also rallied following an earnings report that topped revenue expectations. Cramer also saw the same promise in General Mills , which hit a new 52-week high Friday, and Procter & Gamble , which beat earnings and revenue expectations last week. "Even as these consumer-packaged good stocks have run a great deal, I don't think it's too late," Cramer said.

☆ Warren Buffett, who famously loves McDonald's, is willing to give up a year of his life to eat whatever he wants
▼ + stars: | 2023-04-12 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Warren Buffett says he'd give up an extra year of his life to be able to eat anything he wants. Famously a fan of junk food, the 92-year-old has said he drinks 5 cans of Coke a day and eats McDonald's daily. "I always tell people: I found everything I like to eat by the time I was six," he told CNBC. He's said before that he drinks five cans of Coke a day and told Fortune in 2015 that he's "one-quarter Coca-Cola." "I always tell people: I found everything I like to eat by the time I was six," Buffett told CNBC.

☆ Tornado in Mississippi Kills at Least 25, Dozens Injured
▼ + stars: | 2023-03-25 | by ( ) www.wsj.com time to read: 1 min

What’s in an Oreo? A Food Scientist Explains. Oreos are one of the most well-known cookies in the world, with around 40 billion produced each year. The WSJ spoke with a food scientist to understand how the “creme”-filled cookie is made. Photo: Christopher Hart for The Wall Street Journal

☆ What’s in an Oreo? A Food Scientist Explains.
▼ + stars: | 2023-03-23 | by ( ) www.wsj.com time to read: 1 min

3/23/2023 1:00PMOreos are one of the most well-known cookies in the world, with around 40 billion produced each year. But some of the ingredients are not as well-known. The WSJ spoke with a food scientist to understand how the “creme”-filled cookie is made. Photo: Christopher Hart for The Wall Street Journal

☆ MIT Scientists Twist Apart More Than 1,000 Oreos in Search for Perfect Method
▼ + stars: | 2023-03-22 | by ( Aylin Woodward | ) www.wsj.com time to read: 1 min

It’s safe to say many people eat Oreos the same way. They twist them apart, then consume the cookie as two separate creme-covered wafers. Yet more than a century after the Oreo’s inception, many connoisseurs haven’t solved a frustrating problem: how to twist it so both wafers end up with filling on them.

☆ Oreo is selling $40 limited-edition NBA cookies ahead of the All-Star Game — and fans are not pleased at the price
▼ + stars: | 2023-02-11 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +2 min

Priced at $40 for a pack of 12, some fans scoffed at the price tag. For $40, fans can buy a box of 12 cookies decorated with frosting, sprinkles, and their favorite team's logo ahead of the NBA All-Star Game next weekend. "$40 for 12 Oreos that have some NBA logos on them is the worst deal ever," one user wrote on Twitter. But NBA fans this time around seem a little less keen on novelty Oreos than Pokémon fanatics. "Yes of course I want these NBA logo Oreos.

☆ Americans are comfort eating potato chips, popcorn, and pretzels as economic anxiety rises and recession looms
▼ + stars: | 2023-02-08 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +3 min

The US salty snack market is continuing to grow even as consumers feel the pinch. According to Mintel's survey, more than a quarter of people have increased their consumption of salty snacks in the past year, with 47% of millennials eating more chips, popcorn, and pretzels. "As consumers continue to navigate stressful and evolving times, salty snacks can be there to help them slow down and even relieve stress," Mintel analyst Kelsey Olsen in a statement. "Salty snacks are winning in their ability to satisfy cravings and meet emotional needs, expanding their role beyond a quick hunger-satisfying solution." "Snacking continues to be a way for consumers to connect or to enjoy a moment of delight in their day," he added.

About 1 in 8 adults over 50 showed signs of food addiction, according to the survey. “We think this is also true in younger populations.”Gearhardt and her team used questions from the Yale Food Addiction Scale to measure whether older adults were experiencing core indicators of addiction. If I had emotional problems because I hadn’t eaten certain foods, I would eat them (17%, once a week). Gearhardt was a member of the group that devised the Yale Food Addiction Scale. The difference is you can’t stop eating food.”Gearhardt said that the survey results should encourage health providers to ask patients about dietary habits.

☆ Oreo's newest cookie is stuffed with Oreos
▼ + stars: | 2023-01-24 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +2 min

New York CNN —In the past, Oreo has partnered with Lady Gaga, Pokémon and Ritz on new limited-time flavors. The cookie brand’s latest limited-edition cookie is an Oreo stuffed with Oreos. Dubbed “the Most OREO OREO,” the cookie is made with the usual chocolate wafers, filled (to the “Most Stuf” extreme) with a creme that has Oreo bits mixed in, for a meta cookies-n-creme experience. Martha Stewart with the Most Oreo Oreo. On Monday, Stewart and McCallister will share their Oreoverse experiences on Oreo’s social media channels.

☆ Consumers are looking to chocolate, Oreos, and Twinkies to 'not feel terrible all the time' — Hershey, Hostess, and Mondelez are cashing in
▼ + stars: | 2022-11-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Consumers are buying more chocolate and cookies as recession fears hang over the economy. But they are still buying smaller pleasures, including sweet treats like cookies and chocolate. Now, many of the same companies are seeing sales of chocolate, cookies, and other sweet snacks rise. "Our products remain an affordable treat for families and consumers," Michele Buck, the CEO of Hershey, told analysts on a call. While consumers cut back spending in many areas, such as travel, sales of lipstick actually grew.

☆ Stocks making the biggest moves premarket: CVS, Estee lauder, Canada Goose and others
▼ + stars: | 2022-11-02 | by ( Peter Schacknow | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines before the bell:CVS (CVS) – CVS gained 1.9% in the premarket after reporting better-than-expected revenue and profit for its latest quarter. Estee Lauder reported better-than-expected earnings for its latest quarter. Canada Goose (GOOS) – The outerwear company cut its full-year revenue forecast, prompting a 2.4% premarket drop in its shares. Livent (LTHM) – Livent lost 4.7% in premarket trading after the lithium producer cut its full-year sales and profit forecast. Mondelez (MDLZ) – Mondelez gained 3.3% in the premarket after the maker of Oreos, Sour Patch Kids, and other snacks raised its full-year outlook.

☆ How Snack-Food Company Mondelez Is Coping With Supply-Chain Volatility
▼ + stars: | 2022-10-19 | by ( Liz Young | ) www.wsj.com time to read: 1 min

At Mondelez, maker of Oreos and many other well-known brands, the supply-chain chief is pushing for a no-touch factory and no-touch distribution center within the next five years. Sandra MacQuillan has steered the supply chain of Mondelez International one of the largest snack companies in the world, through union strikes at its bakeries, production slowdowns and the Covid-19 pandemic. Next up, Ms. MacQuillan is focused on automating plants, navigating inflation and integrating the production and distribution operations of the company’s latest acquisition, Clif Bar & Co.

☆ China's 'Lipstick King' returns to live-streaming show after mysterious three-month disappearance
▼ + stars: | 2022-09-21 | by ( Laura He | Cnn Business | ) edition.cnn.com time to read: +1 min

On Tuesday night, Li Jiaqi reappeared on Alibaba's Taobao Live, a live-streaming platform for the e-commerce giant. His show immediately attracted thousands of viewers within the first few minutes, despite no prior notices on his social media accounts. The 30-year-old livestreamer, also called Austin Li, was one of China's biggest internet celebrities, with 64 million followers on Alibaba's Taobao. He once sold 15,000 lipsticks within five minutes in a sales competition against Alibaba founder Jack Ma, winning himself the nickname "China's lipstick king." E-commerce livestreamer Austin Li Jiaqi attends a public-welfare livestreaming ceremony on September 23, 2021 in Hangzhou, Zhejiang Province of China.

☆ China’s ‘Lipstick King’ returns to live-streaming show after mysterious three-month disappearance
▼ + stars: | 2022-09-21 | by ( Laura He | ) edition.cnn.com time to read: +5 min

On Tuesday night, Li Jiaqi reappeared on Alibaba’s Taobao Live, a live-streaming platform for the e-commerce giant. By the end of the two-hour show, 63 million viewers had watched his live-stream, higher than most of his previous shows. The 30-year-old livestreamer, also called Austin Li, was one of China’s biggest internet celebrities, with 64 million followers on Alibaba’s Taobao. Just before the abrupt ending, Li had shown his audience a multi-layered ice cream treat decorated with Oreos and wafers. In June, just two weeks after Li disappeared, Beijing intensified its crackdown on the the country’s booming livestreaming industry.

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