Corporate Operations: Page 107


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    Incogmeato
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    Kellogg's Incogmeato challenges skeptics with Postmates sampling, animal influencers

    A phased strategy playfully goads flexitarians to overcome their fears that plant-based meat won't taste good, and arrives as parent company Kellogg ramps up marketing in the second half of 2020.

    By Natalie Black (Koltun) • Aug. 31, 2020
  • Nestlé buys peanut-allergy treatment maker in $2.6B deal

    The acquisition of Aimmune Therapeutics would significantly boost the Swiss company's large health-science business focused predominantly on dietary management. 

    By Aug. 31, 2020
  • Trendline

    How 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
  • Deep Dive

    Big CPGs struggle to gain market share during COVID-19 despite sales boost

    IRI data shows while large manufacturers grabbed shelf space at the height of the pandemic, upstarts are taking advantage of out-of-stocks and demand for variety to win it back. 

    By Aug. 31, 2020
  • Snacks.com homepage, May 12, 2020
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    Retrieved from Snacks.com on May 12, 2020
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    Opinion

    As food brands experiment with DTC, seamless customer service can't be overlooked

    Brad Birnbaum at Kustomer said shipping to a person's home can create stronger relationships and brand loyalty, but companies need to do more to maintain that connection.

    By Brad Birnbaum • Aug. 28, 2020
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    Christopher Doering
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    Coca-Cola to offer buyouts to 4,000 employees, with layoffs to follow

    The beverage giant is streamlining its operations to avoid duplication, help with innovation and get products to market more quickly.

    By Aug. 28, 2020
  • A person in front of dairy cow stalls owned by a Northwest Dairy Association member making products for Darigold.
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    Courtesy of Northwest Dairy Association/Darigold
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    Darigold names executives to drive its new ingredients business

    The Pacific Northwest farmers' co-op, which decided to move into the space two years ago, will build a factory to manufacture these products.

    By Jessi Devenyns • Aug. 27, 2020
  • Birch Benders' pancake and waffle mix
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    Courtesy of Birch Benders
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    Sovos Brands acquires better-for-you pancake brand Birch Benders

    The deal will expand Sovos' portfolio in the breakfast category, which also currently includes Noosa yogurt. 

    By Jessi Devenyns • Aug. 27, 2020
  • Clio Snacks makes refrigerated Greek yogurt bars wrapped in chocolate
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    Permission granted by Clio Snacks
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    Refrigerated bar maker Clio Snacks closes $8M funding round

    The chocolate-wrapped Greek yogurt bar doubled its sales compared to last year and increased distribution points 57%. 

    By Jessi Devenyns • Aug. 27, 2020
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    Permission granted by Good Karma Foods
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    Good Karma buys its majority stake back from bankrupt Dean Foods

    The plant-based milk brand also raised new capital in a funding round from Valor Siren Ventures and existing investor 2x Consumer Products Growth Partners. 

    By Lillianna Byington • Aug. 25, 2020
  • Lightlife's plant-based burger
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    Courtesy of Lightlife
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    Lightlife urges Impossible Foods and Beyond Meat to clean up their labels

    In an ad in several newspapers, the 41-year-old company says its burger made with 11 easily recognized ingredients represents a future that is "cleaner, tastier, and nutritionally superior."

    By Updated Aug. 26, 2020
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    Yujin Kim/Food Dive
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    How 3 Black-owned businesses created companies where CPG giants weren't looking

    As protests across the country have led to a racial reckoning in the food space, this series features startups who have filled holes created by an industry long criticized for its lack of diversity. 

    By Lillianna Byington • Aug. 24, 2020
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    Yujin Kim/Food Dive
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    'Just scraping by': Partake Foods' fight to fund its allergen-friendly cookie business

    After emptying her savings to get the company off the ground, Denise Woodard finally landed big name investors, including Jay-Z's Marcy Venture Partners, and has substantially grown its retail presence. 

    By Lillianna Byington • Aug. 24, 2020
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    Yujin Kim/Food Dive
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    Iya Foods founder leverages her Nigerian roots to tap into a new market

    When CEO Toyin Kolawole noticed there wasn't adequate representation for African-inspired flavors on U.S. grocery shelves, she began pitching her products at trade shows and to buyers.

    By Lillianna Byington • Aug. 24, 2020
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    Yujin Kim/Food Dive
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    Why A Dozen Cousins created 'soulfully seasoned beans'

    Ibraheem Basir hopes his products like Cuban Black Beans and Trini Chickpea Curry will help make the natural foods space more accurately reflect the diversity in the U.S.

    By Lillianna Byington • Aug. 24, 2020
  • Coca-Cola
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    Christopher Doering/Food Dive
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    Coca-Cola names company veteran to head its North American business

    Alfredo Rivera, president of its Latin American group and a 23-year veteran of the beverage giant, replaces Jim Dinkins, who is retiring. 

    By Aug. 24, 2020
  • Hostess and Flowers Foods reportedly interested in buying Otis Spunkmeyer owner

    Aryzta, based in Switzerland, has been trying to turn things around for a few years. It recently hired investment firm Rothschild & Co. to review strategic options. 

    By Jessi Devenyns • Aug. 24, 2020
  • Drizly raises $50M as e-commerce alcohol delivery surges

    The company says it has grown more than 350% this year, while achieving sustained profitability during the pandemic.

    By Aug. 21, 2020
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    Permission granted by The a2 Milk Company
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    A2 Milk's revenue jumps 91% in US

    The New Zealand company attributed the increase in consumer demand to expanded distribution, new packaging and a national TV advertising campaign.

    By Lillianna Byington • Aug. 21, 2020
  • Brach's launched Turkey Dinner Candy Corn at Walgreens stores in August 2020.
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    Retrieved from Brach's on August 21, 2020
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    Column

    Leftovers: Brach's cooks up Turkey Dinner Candy Corn; SuperPretzel brings arena treats to consumers' freezers

    The sweet Thanksgiving in a bag has flavors representing six popular dishes at the traditional November feast, and Godiva thinks bigger by making its products small.

    By Food Dive staff • Aug. 21, 2020
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    Retrieved from Foodarom on August 20, 2020
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    Glanbia acquires custom flavor designer Foodarom for $45M

    The Canadian firm boasts a flavor library of more than 15,000 recipes with both liquid and powder applications. 

    By Jessi Devenyns • Aug. 20, 2020
  • PepsiCo taps head of World Trade Organization for C-suite role

    Roberto Azevedo will hold the newly created chief corporate affairs officer position, which brings the snack and beverage giant's public policy, government affairs and communications under one umbrella. 

    By Aug. 20, 2020
  • Impossible Burgers and fries
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    Courtesy of Impossible Foods
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    Lever VC raises $23M to invest in early-stage alternative protein companies

    The new fund, founded by early backers of Impossible Foods and Beyond Meat, plans to complete between 20 and 25 investments that range from $200,000 to $1 million.

    By Jessi Devenyns • Aug. 20, 2020
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    Courtesy of Eat Just
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    Just is on track for profit and potential IPO, Reuters reports

    CEO Josh Tetrick told the outlet that a bump in plant-based egg sales due to stay-at-home orders could turn a profit for the company next year.

    By Aug. 20, 2020
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    Retrieved from Hint on August 19, 2020
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    Flavored-water maker Hint raises $25M in its latest funding round

    The company looks to capitalize on the momentum it has established during the pandemic and use the funds to grow sales and distribution.

    By Jessi Devenyns • Aug. 19, 2020
  • Food waste coalition launches with 14 manufacturers and retailers

    The group, whose members include General Mills, Kellogg and Nestlé, targeted cutting global food loss per capita in half by 2025.

    By Lillianna Byington • Aug. 19, 2020