The Latest
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Conagra to invest $125M in supply chain resilience
The food manufacturer intends to maintain high service levels, reassess its product mix and reduce days of inventory, executives said.
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Sponsored by Toyota Automated Logistics
Building a more resilient food and beverage supply chain with automation
Automation is transforming food and beverage distribution for speed, accuracy and growth.
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Spam maker Hormel Foods elevates insider to CEO
CPG veteran John Ghingo will assume the top role on Oct. 26, telling Food Dive he has plans to “accelerate” investments in critical areas such as data and artificial intelligence.
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US to lift Mexico cattle ban to combat high beef prices
The USDA will remove restrictions placed to contain the spread of a deadly livestock parasite as the Trump administration looks to tamp down grocery inflation.
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Coca-Cola restores Fairlife production after ransomware attack
The company said it does not expect the disruption to have a material impact on financial performance or operations.
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EXCLUSIVE
Campbell’s Chunky Soup expands into frozen meals
The offerings, which contain up to 28 grams of protein and feature some of the soup’s most popular flavors, bring the brand into a new part of the store.
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Brown-Forman rejects Sazerac takeover bid
The Jack Daniel's owner said the proposal wasn’t “actionable” months after declining a separate offer from Pernod Ricard.
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Grocery volumes contract for fifth consecutive month, report finds
Shopper pullback has outpaced pricing growth and inflation, according to an analysis from Bain & Company and NielsenIQ.
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Nestlé to sell half of waters business in $3.4B deal
The transaction creates a newly independent company called Peranel, which will house brands such as S.Pellegrino and Source Perrier.
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Column
Leftovers: Philadelphia rings in lactose-free cream cheese | Cheez-It launches first beer collab with Coors Light
The Kraft Heinz brand is positioning the innovation as a cheaper alternative to other options on the market, while Pringles collaborates with Buffalo Wild Wings on sauce-inspired chips.
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McCormick outlines operating structure ahead of Unilever combination
The spice giant disclosed its new executive team after its $44 billion acquisition made some investors "squeamish," according to one analyst.
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Jeni’s exec says ‘intentional indulgence’ is sweetening ice cream sales
Despite the gourmet ice cream brand’s high price tag, household penetration has accelerated as more consumers look to treat themselves with premium products.
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Threat group claims credit for ransomware attack on Coca-Cola’s dairy unit
The attackers previously exploited vulnerabilities or used stolen credentials for initial access.
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Vita Coco buys premium coconut water maker Copra in deal worth up to $275M
The transaction expands the fast-growing company into super-premium offerings.
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Mars Snacking to close US headquarters in New Jersey
The Pringles maker plans to shutter the Newark location by the end of 2027 as it shifts more of its operations to Chicago.
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IFF sells natural ingredients business
Nutraceutical firm SuanNutra is acquiring the fragrance and flavor giant’s range of natural colors and functional ingredients.
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JM Smucker snags Hershey exec as SVP of operations, supply chain
Douglas Guilherme will step into the role on July 29 with over 30 years of experience, including stints at the chocolate maker and Procter & Gamble.
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Snacks maker Utz Brands sold for $2.9B in go-private deal
Germany-based Intersnack will purchase the chip maker for $14.25 a share, with the transaction expected to close in the fourth quarter.
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Gen Z isn’t drinking less after all
Younger drinkers imbibe at roughly the same rate as the rest of the population, upending a narrative that Gen Z is a “generation of moderation,” per an IWSR report.
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How Dum Dums owner Spangler created a candy empire built on nostalgia
The sweets maker has carved out an enviable niche in the $55 billion candy space with a unique collection of brands with storied histories, such as Sweethearts and Bit-O-Honey.
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Kraft Heinz, Disney enter long-term strategic marketing partnership
The partnership spans marketing campaigns, digital content and other branded opportunities across Disney’s media outlets, cruise line, parks and events.
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General Mills subpoenaed in Florida ingredients investigation
The state’s attorney general is requesting safety information and documentation from the Pillsbury owner connected to breadmaking additive potassium bromate.
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Coca-Cola suspends Fairlife production after ransomware attack
The beverage company is still working to determine the full scope of the breach at its dairy business.
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Conagra’s new CEO ready to take ‘bold actions’ to turn around food giant
John Brase, who recently joined from J.M. Smucker, told Food Dive he is “not happy” with the Slim Jim maker's performance and that divestitures of brands could be on the table.
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Column
Leftovers: Welch’s takes on Uncrustables | Campbell’s launches high-protein soups
The juice and jelly brand is launching a refrigerated PB&J, while Cann removes THC for a new mood-boosting drink.
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PepsiCo improves sustainable sourcing, delays emissions reporting
The company adjusted its environmental targets last year “to what we have confidence we can achieve.”