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5@5: PepsiCo's CEO Nooyi steps down | Organic's future in the Farm Bill5@5: PepsiCo's CEO Nooyi steps down | Organic's future in the Farm Bill

Each day at 5 p.m. we collect the five top food and supplement headlines of the day, making it easy for you to catch up on today's most important natural products industry news.

August 7, 2018

2 Min Read
5@5: PepsiCo's CEO Nooyi steps down | Organic's future in the Farm Bill

PepsiCo's Nooyi to exit, thinning the ranks of U.S. female CEOs

The first foreign-born and the first woman to serve as chief executive officer of PepsiCo, Indra Nooyi, has announced she’ll step down from the job in October. She’ll continue to serve as chairman until early next year. She’ll be replaced by the company’s president, Ramon Laguarta, a native of Barcelona, Spain. With Nooyi’s departure, Bloomberg reported, only 23 CEOs of the Standard & Poor’s 500 biggest companies will be women. Read more at Bloomberg


How’s organic farming faring in the farm bill?

The demand for organic food is greater than what U.S. farms can supply, so commodities such as corn and soybeans are often imported. How will the 2018 Farm Bill affect organic production? Will small organic farmers continue to receive necessary support? Will organic research still be subsidized? Will the federal government stop at our ports fake organic products that come from foreign countries? The podcast On the Table explores these issues. Listen at The Fern


Inside L’Oréal USA’s sustainability strategy

With its $30 billion in sales in 2017, L’Oréal USA’s initiative to increase the sustainability of its ingredients and become carbon-neutral by next year could change the personal beauty industry. Between 2005 and 2017, the company reduced carbon emissions 84 percent—crushing a goal to reach a 60 percent reduction by 2020. Read more at Glossy


There's already an emerging market for counterfeit reusable straws

As an increasing number of municipalities ban plastic straws, and businesses opt to stop carrying them, reusable straws are becoming more popular if not a downright necessity. One Kickstarter-funded project, FinalStraw, is finding counterfeits of its collapsible stainless-steel straw on all stripes of e-commerce sites, even though its product has yet to reach the market. Read more at Munchies


Survey says Whole Foods customers have liked changes since Amazon’s takeover—but have they been enough?

Whole Foods customers say they have noticed better quality products and lower prices at the brick-and-mortar stores since Amazon bought the company a year ago, a Morgan Stanley survey found. Of those customers who responded to the survey, 70 belonged to Amazon Prime; Prime members receive extra discounts at Whole Foods and have access to free delivery from the stores. Read more at 512tech.com

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