In this file:

 

·         Why Are So Many People Still Eating Spam?

From cost to convenience, its maker demonstrates how to succeed with an unlikely product.

 

·         Hormel Foods and Justin’s Donate $10,000 to Conscious Alliance to Help those Impacted by Colorado Wildfires

“We are grateful for our strong ongoing partnership with Hormel Foods and Justin’s,” said Justin Levy, executive director of Conscious Alliance. “Together we can bring healthy food to community members in crisis. Food connects us all, so to be able to help people eat and share a meal is a truly profound way to give back.”

 

 

Why Are So Many People Still Eating Spam?

From cost to convenience, its maker demonstrates how to succeed with an unlikely product.

 

By Gene Marks, Entrepreneur 

January 12, 2022

 

Opinions expressed by Entrepreneur contributors are their own.

 

You would think that in this age of organic, vegan, plant-based, natural, fresh, farm-to-table, healthy and nutritious foods, a product made from processed pork that comes in a can and was eaten by soldiers in World War II — not exactly the best era of food nutrition — would be a loss leader. Not so Spam.

 

Just a few weeks ago, Hormel Foods, the Minnesota-based company that makes Spam, announced record-high sales for the seventh straight year in 2021. "We’ve had to announce new capacity that we’re going to bring online in 2023 to meet the demand," the company's CEO told CNBC's Jim Cramer. "So Spam is as strong as it’s ever been."

 

How is this possible? How can a product like this be so popular when Burger King is selling plant-based Whoppers and health-conscious chains like Whole Foods and vegetarian restaurants are the hot places to buy food? Why are so many people buying Spam when many experts agree that “eating it may be associated with a higher risk of diabetes, heart disease, COPD, high blood pressure and certain types of cancer. “

 

The answer is it’s delicious, of course. But yeah there’s also a lot of great branding. And execution.

 

Spam is an inexpensive option for the billions of people in this world who can't afford trips to Whole Foods or to pay $20 for a vegan burger. Although the company has admitted to raising prices in this era of inflation, the cost of a can of Spam is well within the reach of many who are trying to feed themselves and their families on a budget. During the pandemic, Hormel made sure there were plenty of cans of Spam on hand. The company also recently — and shrewdly — signed a multi-year supply agreement with its key vendors to ensure Spam will stay on the shelves at an affordable price...

 

more, including links

https://www.entrepreneur.com/article/411783

 

 

Hormel Foods and Justin’s Donate $10,000 to Conscious Alliance to Help those Impacted by Colorado Wildfires

 

Source: Hormel Foods Corporation

January 11, 2022

 

Austin, Minn / Hormel Foods Corporation (NYSE: HRL), a global branded food company, and its Justin’s subsidiary (based in Boulder, Colo.) have announced a donation of $10,000 to help Conscious Alliance with its hunger-relief efforts, including efforts to help those impacted by the recent Colorado wildfires. Justin’s is also working on additional ways to help the area through product donations and other support.

 

“The fires happened just outside of Boulder, where Justin’s is headquartered,” said Randy Simonson, president of Justin’s. “The devastating damage impacted thousands of people in our area. We are proud to support our long-time partner, Conscious Alliance, to help those in need.”

 

“We are grateful for our strong ongoing partnership with Hormel Foods and Justin’s,” said Justin Levy, executive director of Conscious Alliance. “Together we can bring healthy food to community members in crisis. Food connects us all, so to be able to help people eat and share a meal is a truly profound way to give back.”

 

As a leading corporate citizen, Hormel Foods has donated more than $50 million in cash and product donations to nonprofit organizations over the last five years, including $6.4 million in hunger-relief donations in 2020. The company has partnered with Conscious Alliance for several years through monetary and product donations. For additional information about the company’s charitable giving, visit https://csr.hormelfoods.com/.

 

 

About Hormel Foods – Inspired People. Inspired Food.™

 

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $11 billion in annual revenues across 75 countries worldwide. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Columbus®, Wholly®, Hormel® Black Label® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the “Global 2000 World’s Best Employers” list by Forbes magazine for three years, is one of Fortune magazine’s most admired companies, has appeared on Corporate Responsibility Magazine’s “The 100 Best Corporate Citizens” list for the 12 years, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world’s most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and https://csr.hormelfoods.com/.

 

source url

https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-and-justins-donate-10000-to-conscious-alliance-to-help-those-impacted-by-colorado-wildfires/