Corporate Operations
-
Q&A
Cargill’s alt-protein chief answers Food Dive’s 8 questions
Elizabeth Gutschenritter discusses the challenges that come along with a new and growing category and which fast-food spot would be part of her last meal.
By Elizabeth Flood • Oct. 2, 2023 -
Kellogg embarks on new future, finalizing split into two businesses
Sixteen months after the separation was announced, the snacking and North American cereal businesses — Kellanova and WK Kellogg Co — are trading separately on the New York Stock Exchange.
By Chris Casey • Oct. 2, 2023 -
Explore the Trendline➔
Courtesy of InstacartTrendlineTop 5 stories from Food Dive
So far, it’s been a challenging year for many CPG companies with lingering supply chain issues, inflation worries and a slowdown in investments by venture capital firms.
By Food Dive staff -
Heinz jumps on Taylor Swift’s ‘seemingly ranch’ moment with new condiment
To capitalize on a viral moment around the singer’s visit to an NFL game, the brand and agency Rethink came up with a new sauce in less than 24 hours.
By Chris Kelly • Oct. 2, 2023 -
Nestlé vows to increase sales of healthier foods by 2030
The world’s largest food company said it wants to boost sales of better-for-you products by as much as $27.3 billion by the end of this decade, a 50% increase from 2022.
By Christopher Doering • Sept. 29, 2023 -
Column
Leftovers: Nestlé, Kellogg make waffles and cereal drinkable | Stella Rosa’s ‘swicy’ wine brings the heat
The CPG giants aim to capture the essence of sweet morning staples with Sensations flavored milk products; plant-based brand Tindle enters breakfast with sausage.
By Food Dive staff • Sept. 29, 2023 -
Bayer enters the strawberry market with UK acquisition
NIAB’s strawberry breeding program allows the biotech giant to develop a wide range of genetics and crop protection products.
By Nathan Owens • Sept. 28, 2023 -
Q&A
From a small Chicago storefront to a CPG contender, a Q&A with Wow Bao’s CEO
Geoff Alexander, a restaurant industry veteran, started as a fry cook at his local university watering hole and now is a bao CPG giant. He spoke to Food Dive about his nontraditional path.
By Judy McGuire • Sept. 28, 2023 -
JM Smucker to sell Sahale Snacks to Brownie Brittle owner for $34M
The deal with Second Nature Brands comes just two weeks after the jam and peanut butter company announced plans to buy Twinkies manufacturer Hostess Brands for $5.6 billion.
By Christopher Doering • Sept. 28, 2023 -
Q&A
Talking hot honey, scale and how to create a buzz with Mike Kurtz, founder of Mike’s Hot Honey
The sweet-heat trend has been around for ages. But this unique product, at first paired with pizza, developed a brand new food category and helped create the swicy category.
By Judy McGuire • Sept. 27, 2023 -
Tyson, Perdue under investigation following reports of child labor at slaughterhouses
The poultry companies face a federal probe after a New York Times Magazine article detailed a 14-year-old being maimed by equipment at a Virginia plant.
By Chris Casey • Sept. 26, 2023 -
JBS begins work on lab-grown meat center in Brazil
The Biotech Innovation Center, slated for completion next year, builds on the meatpacker’s effort to expand its portfolio and become a force in the growing cultivated protein sector.
By Nathan Owens • Sept. 26, 2023 -
Coca-Cola’s Fairlife still sourcing milk from abusive farms, animal rights group claims
The beverage giant disputed the claim from Animal Recovery Mission, saying the two operations and its owner are not suppliers for the dairy product, which has more than $1 billion in annual sales.
By Christopher Doering • Sept. 26, 2023 -
Diageo taps former Tyson, Clif Bar exec as North American CEO
Sally Grimes, who led the poultry giant’s $10 billion prepared foods division and led the snacking brand to its nearly $3 billion sale to Mondelēz, joins the Guinness maker as it continues to boost its premium offerings in the U.S.
By Chris Casey • Sept. 22, 2023 -
Big food’s regenerative agriculture pledges mostly just talk
Most businesses lack quantitative targets to reach their goals and only a few of them offer financial commitments to support farmers, according to a FAIRR investor network report.
By Sarah Zimmerman • Sept. 22, 2023 -
Meati Foods reduces staff by 10% as it focuses on profitability
The fermented meat company said the layoffs were not a result of the demand it has seen for its products.
By Elizabeth Flood • Sept. 22, 2023 -
Column
Leftovers: Hidden Valley Ranch spices up meals with crunch sauce | Hershey brings seltzer sensation to Ice Breakers
The dressing brand’s collaboration with This Little Goat lets consumers boost the flavor of their favorite foods, and Chex Mix aims to satisfy the late-night munchies with pizza and taco options.
By Food Dive staff • Sept. 22, 2023 -
Slumping demand forces 2 California plant-based startups to close
Hooray Foods and Nowadays join a growing list of companies in the category that have gone out of business or scaled back their growth plans.
By Elizabeth Flood • Sept. 21, 2023 -
Keurig Dr Pepper names ex-Mondelēz exec Tim Cofer as CEO
He will join the beverage maker as its COO on Nov. 6 before transitioning to the top post in the second quarter of 2024, replacing long-time head Bob Gamgort.
By Christopher Doering • Sept. 20, 2023 -
Potential Hormel strike looms after Minnesota workers reject contract offer
Union members at the Spam maker’s largest facility say the company’s record profits are not being "shared fairly" with its employees.
By Nathan Owens • Sept. 20, 2023 -
Why Bettering saw an opening for luxury edibles
The company, which recently launched in Illinois, says its gummies contain minimal ingredients such as brewed tea and real fruits that prioritize a more consistent infusion of THC into the products.
By Chris Casey • Sept. 20, 2023 -
Hershey expands executive ranks with first chief technology officer
Deepak Bhatia, who previously worked at Amazon, brings expertise in automation, supply chain and artificial intelligence to the Reese’s manufacturer.
By Christopher Doering • Sept. 19, 2023 -
Goodles refreshes leadership as it brings in $13M in Series A funding
The food brand known for its “better-for-you” boxed mac and cheese named a new CFO, chief marketing officer and senior vice president of sales.
By Howard Ruben • Sept. 19, 2023 -
How Chamberlain Coffee aims for broad appeal while catering to Gen Z
The viral brand, launched online in 2020 by YouTube star Emma Chamberlain, has expanded into retail while touting attributes popular across generations, such as accessibility and sustainability.
By Chris Casey • Sept. 18, 2023 -
Mondelēz quietly winds down brands it created in its SnackFutures VC arm
The snacking giant said it no longer sells Dirt Kitchen and CaPao, with the venture capital division shifting its focus to investing in already established startups.
By Christopher Doering • Sept. 18, 2023 -
Column
Leftovers: Pop-Tarts flips for pancakes | Somos debuts ready-made burrito kits
The Kellogg-owned brand is fulfilling breakfast cravings with its latest toaster treat flavor, and Kentucky Coffee is entering the RTD cocktail category with three flavors of whiskey-infused Hard Cold Brew.
By Food Dive staff • Sept. 15, 2023