Posted by Dale Buss on July 23, 2014 09:02 AM
Apple sees iPhone sales roar while iPad whimpers, as company gets patent for “iTime” watch.
Chrysler recalls 792,000 older Jeep Commander and Grand Cherokee models for ignition-switch problem.
Ford CEO Mark Fields, in one of first major moves, taps top engineer to lead Lincoln and product revival.
McDonald’s expects further challenges in business fundamentals this year.
Coca-Cola is relying on mini-cans to restore brand romance as earnings and revenue slide.
MORE BRAND NEWS
American Apparel hopes to decide fate of CEO Dov Charney next month, report says.
Applebee's will turn its Instagram over to foodies for the next year.
Cheerio's scores a win with new #HowToDad campaign.
Danone weighs expansion opportunities.
Deutsche Bank is blasted by US regulators for reporting problems.
Dick’s Sporting Goods lays off more than 400 PGA golf instructors on weak golf sales.Continue reading...
Posted by Dale Buss on July 17, 2014 09:15 AM
Microsoft announces global layoffs affecting 18,000 positions.
Fiat Chrysler's biggest shareholder denies VW takeover rumor.
Murdoch’s surprise Time Warner play detailed as Liberty Media acquires BSkyB's ITV stake.
GM is expected to reveal more details about recall process in Senate hearings today.
Toyota is bringing back the Sienna "Swagger Wagon" campaign for automaker's first online reveal.
MORE BRAND NEWS:
Airbnb logo reveal sparks social media backlash.
Apple agrees to pay $450 million in e-book price fixing case as IBM deal dings BlackBerry.
BMW recalls 1.6 million cars worldwide.
Chrysler boosts production to fix recalled Jeeps.
Clear Channel brings outdoor ads to life on smartphones.Continue reading...
sports in the spotlight
Posted by Mark J. Miller on July 15, 2014 04:00 PM
Major League Baseball and Fox are doing all they can to boost viewership of tonight's All-Star Game in Minneapolis.
The number of fans tuning in has dropped 25 percent in the last five years, with the number hitting only 8 million last year, according to the Motley Fool. Couple that with low ratings in recent years for the World Series and analysts are starting to wonder if consumers still care about baseball like they used to.
"This question gets asked every year," Fox Sports President Eric Shanks said in a conference call, according to the Chicago Tribune. "It's nothing new."
But what is new is the event's format for the Home Run Derby, which this year was extended to two nights. The Derby traditionally garners impressive viewership, with more fans tuning in last year than any NBA playoff game on ESPN.Continue reading...
Posted by Abe Sauer on March 9, 2014 06:13 PM
Little Monsters will be storming the Doritos #BoldStage at South by SouthWest this week, aka the next generation's Dylan-goes-electric moment.
Forget Grumpy Cat, 3D-printed Oreos and Cronut fever—this year's SXSW meme-tastic moment is happening with a hand from the PepsiCo-owned snack brand, which is bringing pop sensation Lady Gaga to Austin for an "intimate" performance to benefit the singer's Born This Way Foundation.
Of course, this isn't any old branded concert, as Gaga will perform inside a four story vending machine filled with—what else—Doritos bags. Fans will only gain admission to the exclusive concert after accepted a series of "bold challenges" from Doritos.Continue reading...
sip on this
Posted by Dale Buss on February 18, 2014 04:52 PM
Coca-Cola's disappointing new financial results have underscored the important difference between Coke and PepsiCo: The latter has its Frito-Lay snack operations to drive sales increases and profitability while the soft-drink business, for both Pepsi and Coca-Cola, continues to unravel.
Still largely dependent on soft-drink sales, Coca-Cola reported a decline in fourth-quarter revenue and profits today, largely because of what seems now to be an inexorable decline in demand for its traditional Coke products in North America and no great lift overseas. PepsiCo recently reported similar struggles with soft-drink volumes but was buoyed by snack results.
North America soft-drink volumes declined by 1 percent, leading Coca-Cola CEO Muhtar Kent to call the year "marked by ongoing global macroeconomic challenges." He also said that Coke is looking to "restore momentum" in 2014.Continue reading...
Posted by Dale Buss on February 13, 2014 06:04 PM
Whatever Pepsi Beverages and Frito-Lay accomplish from here on out, they'll do it together. That was the unequivocal message of PepsiCo CEO Indra Nooyi in the company's fourth-quarter earnings report.
She acknowledged pressure from activist investor Nelson Peltz for the company to spin off the dwindling soft-drink business from the robust snack business; Peltz also has said he'd like to see Frito-Lay combine with Mondelez but recently dropped that idea after getting a seat on Mondelez's board.
Nooyi said that she even had external consultants and bankers look at the possibility of dividing beverages from snacks. But she said that the company would remain integrated after all in part as a matter of scale. "Decoupling our beverage and snaCk businesses in North America would significantly reduce our relevance to our customers," Nooyi said, according to Reuters.Continue reading...
The Big Game
Posted by Dale Buss on January 29, 2014 06:50 PM
No doubt Scarlett Johansson's ad for Sodastream will be among the most-anticipated of the the big game on Sunday. Cheerios' reprise of its mixed-race family will strike some of the most emotional cords. And a Budweiser spot featuring a puppy and a Clydesdale might convert a lot of snack-table napkins into makeshift hankies.
But more impressive than all of those things individually is the likelihood that food and beverage brands finally will rival automakers as the highest-impact vertical choosing to advertise in the Super Bowl this year. (Watch some of the Big Game spots that have already released below.)
One brand in particular, Pepsi, has a lot riding on the Super Bowl—so much in fact that the brand launched a seperate lead-in campaign to build up excitement for the Pepsi-sponsored halftime show.
"The heart and soul of our brand is pop culture and sports and music," Simon Lowden, CMO of Pepsi Beverages North America, told brandchannel. "And there's no better event than the Super Bowl to bring that to life."
The Big Game will be a major platform for Pepsi's tack to what it is calling a "master brand" strategy in which it treats the variety of Pepsi products as a single brand rather than calling out individual products as has been its tendency.Continue reading...
chew on this
Posted by Dale Buss on December 12, 2013 06:16 PM
It may not be long before Buffalo Wild Wings introduces Cheetos-flavored chicken wings to rival Taco Bell's' Doritos Locos Tacos in harnessing flavors direct from a Frito-Lay bagged-chip brand. Because under the new deal struck by the popular restaurant chain and Frito-Lay parent PepsiCo, just about anything combining restaurant food and beverages and PepsiCo IP may be—and could appear—on the table.
The immediate impact of the deal is that PepsiCo beverages, including Pepsi and Mountain Dew, are to replace Coca-Cola as the beverage supplier to one of the nation's hottest restaurant chains.
But recognizing the continued decline in the relative value of soda sales compared with other faster-growing segments of its portfolio, PepsiCo made it clear that the company believes many other dimensions of its new deal with Buffalo Wild Wings could become valuable as well.Continue reading...