Manufacturing: Page 109
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McCormick's Q2 earnings beat analyst expectations
The spice and flavorings maker's recent acquisitions and investments in organic and non-GMO ingredients helped drive sales, which rose 5% to $1.11 billion for the period.
By Emma Liem Beckett • June 29, 2017 -
Hain Celestial buys healthy startup Better Bean
Marking the first acquisition for the company’s new Cultivate Ventures incubator and investment arm, the deal extends its reach into healthy perimeter offerings.
By Sandy Skrovan • June 29, 2017 -
Explore the Trendline➔
Getty Images
TrendlineHow AI is transforming the food and beverage industry
Companies are leaning on the technology across nearly all parts of their operations, from marketing to product design.
By Food Dive staff -
Retrieved from Chobani on June 29, 2017
Chobani takes on traditional yogurt
The manufacturer that made Greek style a staple is swooping in to gain shelf space, revive a stagnant category and steal share from competitors.
By Sandy Skrovan • June 29, 2017 -
Report: Produce sales wilt despite growing desire for organics
The United Fresh Produce Association found eight of the 10 vegetable categories, including tomatoes and peppers, fell despite lower prices.
By Caitlin Mannering • June 29, 2017 -
Constellation Brands earnings top estimates as beer sales surge
While sales of Modelo and Corona were strong, wine and spirit sales declined 4%, mainly due to “promotional activity,” according to the company's CEO.
By Jeff Wells • June 29, 2017 -
Conagra profit surges 29% on fewer promotions and sale of low-margin brands
The consumer products maker's CEO said "aggressive actions" taken by the company have allowed it to improve margins and boost innovation.
By Christopher Doering • June 29, 2017 -
Blue Apron cuts IPO price range by a third amid Amazon fears
The meal kit delivery service decreased its estimate to $10 to $11 per share, down from a previously anticipated $15 to $17.
By Jeff Wells • June 28, 2017 -
Hampton Creek to enter the clean meat business
The startup best known for its vegan condiments and desserts said it plans to sell clean meat products before the end of 2018.
By Megan Poinski • June 28, 2017 -
USDA publishes questions to help craft GMO labeling regulation
The department is looking for the industry's feedback in the first step of its rulemaking process, which is scheduled to be completed by July 2018.
By Megan Poinski • June 28, 2017 -
Deep Dive
Novelty, precision and personalized nutrition: The benefits of 3-D printed food
While the technology is expected to be adopted by more restaurants and kitchens, the device has obstacles to overcome including price, reliability and speed.
By Emma Liem Beckett • June 28, 2017 -
General Mills sales increase even as yogurt continues to weigh on company
The cereal and snack maker's CEO said the quarter "fell well short of our standards" and vowed to invest in products and innovation to spur growth.
By Christopher Doering • June 28, 2017 -
Frito-Lay files patent for probiotic yogurt chips
The company would be likely to market the snack at a premium, positioned at the crossroads of health and indulgence.
By Caroline Macdonald • June 27, 2017 -
Amazon-Whole Foods merger could create headaches for struggling CPG brands
The online giant is likely to lower prices, increase its private label selection and elevate natural and organic brands, further hurting packaged-food companies.
By Jeff Wells • June 27, 2017 -
Tyson creates new position to help integrate acquisitions
An uptick in M&A activity across the food industry is prompting companies to add merger, transformation and change agent duties to the corporate leadership team.
By Sandy Skrovan • June 27, 2017 -
Citing food safety concerns, Target pulls Hampton Creek products off its shelves
The retailer, which is the largest single store selling the vegan company's products, listed allegations of contamination and mislabeling as reasons for the recall.
By Megan Poinski • June 27, 2017 -
Retrieved from General Mills on June 26, 2017
US says 'bonjour' to General Mills' new French-style Yoplait yogurt
As the food products giant looks to reinvigorate sales at the dairy unit, the company hopes a new taste, glass jar and clean label will attract shoppers' attention.
By Christopher Doering • June 27, 2017 -
Walmart seeks the next great American brands in 4th annual open call
The event not only gives entrepreneurial startups a shot at earning national distribution, but brings the retailer an economical way of landing in-demand locally made, small-batch products.
By Sandy Skrovan • June 26, 2017 -
Activist investor Daniel Loeb's hedge fund acquires a $3.5B stake in Nestle
In a letter, Third Point suggested the company should improve margins, innovate and sell noncore assets like its share in cosmetics maker L’Oréal.
By Christopher Doering • June 26, 2017 -
Deep Dive
A Balancing Act: What M&A activity is on the food industry's horizon for the rest of 2017?
Food and beverage companies are changing the way they do business, and analysts see more consolidation and venture capital funding in the future.
By Megan Poinski • June 26, 2017 -
Sanderson Farms disputes lawsuit claiming its chicken contains chemical and synthetic drug residue
Consumer groups claim the poultry producer has misled buyers of its "100% natural" chicken products, as shown by test results from the USDA.
By Emma Liem Beckett • June 26, 2017 -
USDA bans Brazilian beef imports due to health concerns
The South American country faces trade restrictions from other nations, which have called on the country to improve its inspections.
By Sandy Skrovan • June 26, 2017 -
Dean Foods expands outside of dairy with Uncle Matt's Organic purchase
The leading milk processor did not disclose how much it paid for the maker of probiotic-infused juices and fruit-infused water.
By Christopher Doering • June 26, 2017 -
Danone, Nestle CEOs say transparency is key to regaining consumer trust
The executives said multinationals need to be more open and tackle issues like climate change and obesity – or risk losing market share to start-ups.
By Caroline Macdonald • June 26, 2017 -
Kellogg's partners with Moe's Southwest Grill on frozen breakfast bowls
The single-serve bowls, which will be sold at Walmart, Giant Eagle and Wegmans stores, mark the fast-casual burrito chain's first foray into the breakfast space.
By Caroline Macdonald • June 23, 2017 -
No big deal: Food and beverage transactions during May were small in size
Despite a high level of acquisition activity, there were no major purchases last month with the largest a health supplements company bought for $446 million.
By Sandy Skrovan • June 23, 2017