Corporate Operations: Page 148
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Study links spicy food to memory loss
This is the first time researchers have looked at the connection between chili consumption and cognitive function.
By Cathy Siegner • July 25, 2019 -
Opinion
Crisco decision adds to conflicting case law over lab testing results
When plaintiffs claim laboratory tests confirm a manufacturer deceptively labeled its food, three attorneys from McGuireWoods argue companies justifiably believe they are entitled to details about those tests.
By James Neale, Trent Taylor and Ben Abel • July 25, 2019 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Campbell Soup sells Arnott's to KKR for $2.2B
The private equity firm that purchased Unilever's spreads division will also own the Australian snacks maker after negotiations with Mondelez fell through.
By Jessi Devenyns • Updated Aug. 2, 2019 -
Report: Kraft Heinz puts asset sales on hold
Sources told CNBC the company has pulled back on plans to sell its Breakstone's brand of cottage cheese, butter and sour cream, the Plasmon baby food business and Ore-Ida frozen potato brand.
By Cathy Siegner • July 25, 2019 -
Conagra uses AI to identify trends and develop new products
Artificial intelligence sped up R&D dramatically, leading to items based on data launching in just a few weeks.
By Jessi Devenyns • July 24, 2019 -
Retrieved from Starbucks on July 22, 2019
Nestlé launches Starbucks creamers inspired by its signature drinks
This is the fourth new product since the Swiss CPG giant purchased the right to sell some of the coffee chain's branded products in grocery stores last August.
By Jessi Devenyns • July 23, 2019 -
Deep Dive
With the dairy industry in a sour state, Borden CEO plots comeback for one-time milk giant
In its heyday, the Texas company posted $7 billion in sales and was the nation's largest dairy producer. Today, revenue sits at $1.2 billion and its reach spans just 13 states.
By Christopher Doering • July 23, 2019 -
Coca-Cola invests $20M in Health-Ade Kombucha
The move builds on previous investments the soda giant made to expand its portfolio to become a "total beverage company."
By Cathy Siegner • July 22, 2019 -
CBD sparkling water maker Sweet Reason raises $2.5M
The startup joins a growing number of food and beverage manufacturers looking to sell products with the controversial ingredient despite a lack of regulatory clarity from the FDA.
By Anastassia Gliadkovskaya • July 22, 2019 -
PepsiCo acquires South Africa's Pioneer Foods for $1.7B
The deal is expected to be completed in 2020. It will create a new business unit in the soda giant's Europe Sub-Saharan Africa division.
By Jessi Devenyns • July 22, 2019 -
Plant-based meat market forecast to reach $85B by 2030, report says
Investment firm UBS said that figure could be conservative if innovation and consumer awareness drive more consumption among consumers.
By Cathy Siegner • July 22, 2019 -
Leftovers: Space Food Sticks relaunch with cannabis; Nutri-Grain shrinks down for kids
The out-of-this-world snacks are making a comeback with 5 mg of THC, and Kellogg is debuting a bite-size version of its signature bars.
By Food Dive staff • July 19, 2019 -
How DuPont's $100M probiotics fermenter could expand functional food offerings
The company said the facility is the world's largest and will make the gut-friendly bacteria for food, beverages and dietary supplements.
By Cathy Siegner • July 18, 2019 -
Equinom breeds non-GMO high protein soybeans
The Israeli startup said its crops contain nearly 58% protein — 50% higher than the industry standard.
By Cathy Siegner • July 18, 2019 -
Lay's selfie-focused 'Smiles' campaign returns, building on success of 1st run
The Frito-Lay brand claims the first crack at the concept resulted in 700 selfies posted per day with its products.
By Peter Adams • July 18, 2019 -
Deep Dive
Was Prime Day a grocery win for Amazon? Four experts weigh in
The company along with Whole Foods ran a slew of online and in-store promotions, though the ultimate measure of success may be a record number of Prime membership signups.
By Jessica Dumont • July 18, 2019 -
Food Dive's top 10 stories for summer reading
From Big Food embracing CBD to arsenic in bottled water, it's been a newsworthy season in the food business.
By Food Dive staff • July 17, 2019 -
Retrieved from Nestle on July 17, 2019
A sweet idea: Nestlé uses cacao pod leftovers to sweeten chocolate
The first product using the patented process will be released this year in Japan under the KitKat Chocolatory brand.
By Jessi Devenyns • July 17, 2019 -
With 50M meals sold worldwide, Huel shakes up the meal replacement market
The British company says it has seen year-over-year customer growth of more than 150% and expects its valuation to top $1.25 billion by 2022.
By Jessi Devenyns • July 16, 2019 -
Lawsuit over Keurig coffee pod recyclability moves forward
The company had hoped a California judge would dismiss a complaint claiming its "recyclable" labels are misleading.
By Katie Pyzyk • July 15, 2019 -
Retrieved from Chobani on July 12, 2019
Chobani pairs its popular Greek yogurt with trendy nut butters
The latest launch extends a streak of new products for the company since December that includes its first plant-based offering and a line focused on kids.
By Christopher Doering • July 15, 2019 -
Honest Tea vending machines let people donate to charity
Customers can increase their transaction amount with an "Up Your Impact" purchase and vote on philanthropic projects they wish to support.
By Robert Williams • July 12, 2019 -
Sugar in fruit juice may increase risk of cancer, research finds
While consumption of drinks with the sweetener was "significantly associated" with an overall risk of the disease, researchers said their findings need to be replicated in other large-scale studies.
By Cathy Siegner • July 12, 2019 -
Column
Leftovers: Kool-Aid turns to edible slime; Biscoff chills out in ice cream
The cookie that's popular on airplanes is heading to the frozen aisle this summer, and Chiquita is branching out beyond bananas with prepackaged healthy snacks.
By Food Dive staff • July 12, 2019 -
Retrieved from General Mills on July 11, 2019
General Mills and GoodBelly partner to launch probiotic cereal, yogurt
The maker of Yoplait and Cheerios has worked with the young upstart on a line of bars since 2017, and its 301 Inc. venture arm participated in a funding round for the company last year.
By Jessi Devenyns • July 12, 2019
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