Corporate Operations: Page 159
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Is LaCroix losing its fizz?
The CEO of National Beverage Corporation, which makes the sparkling water brand, blamed "injustice" for its disappointing third-quarter sales.
By Cathy Siegner • March 11, 2019 -
Deep Dive
From CBD to plant based: 4 trends that dominated Expo West in 2019
The topics were among those prominent at the five-day conference in California that included thousands of exhibitors launching new products and panel discussions on what's next for food and beverages.
By Lillianna Byington • March 11, 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 -
Mondelez's SnackFutures innovation hub invests in prebiotic Uplift Food
Brigette Wolf said the snack company was drawn to the startup by its work to disrupt the industry through gut health.
By Lillianna Byington • March 8, 2019 -
Retrieved from Kraft Heinz on March 07, 2019
ColumnLeftovers: On (Mayo)cue, Kraft Heinz launches new sauces; Marathon-inspired beer goes the distance
The CPG giant does what it thinks it (Mayo)must with internal innovation, and Frito-Lay shoots Cheetos Flamin' Hot Asteroids back into the atmosphere.
By Food Dive staff • March 8, 2019 -
How Conagra uses M&A to stay ahead in the snacking sector
Following the successful purchase of smaller brands such as Angie's Boomchickapop and Duke’s meat snacks, a company executive said the CPG giant is looking for similar bolt-on deals.
By Lillianna Byington • March 7, 2019 -
RXBAR's prescription for the future: New name, new products, changes in leadership
Newly created umbrella company Insurgent Brands is debuting savory snacks this week at Expo West with the launch of RX Oats. The company's CEO is stepping down to focus on innovation.
By Cathy Siegner • March 7, 2019 -
Startup launches 'first food-based brain nutrition brand' for kids
Ingenuity Brands is debuting Brainiac Kids whole-milk yogurt containing a blend of omega-3s and choline.
By Cathy Siegner • March 7, 2019 -
Nestlé USA chief touts value in 'driving relevance' to its big-name brands
Last year, the world's largest food manufacturer posted 2.6% sales growth in the U.S., its biggest market, despite challenges in the Lean Cuisine and Stouffer's brands.
By Christopher Doering • March 7, 2019 -
Beyond Meat expands plant-based meat offerings with ground beef option
The company said Beyond Beef, which will be available in stores later this year, has a more neutral flavor and aroma than its popular hamburger.
By Cathy Siegner • March 6, 2019 -
Retrieved from Kraft Heinz on March 06, 2019
Kraft Heinz launches second incubator class of disruptive brands
The startups receiving guidance in the CPG giant's Springboard program include makers of allergy-free snacks, cold-pressed almond juice and plant-based yogurts.
By Jessi Devenyns • March 6, 2019 -
Mars hopes to sow Seeds of Change through its new food-focused accelerator
The program will initially pick six U.S. and four Australian startups, with each receiving a grant of up to $50,000 and undertaking a four-month program to scale its operations.
By Cathy Siegner • March 6, 2019 -
Deep Dive
Cereal sweetens the deal, adding indulgent varieties to attract consumers
Sour Patch Kids, Hostess Honey Buns, Churros, Nutter Butters and Peeps are now appearing in breakfast bowls.
By Lillianna Byington • March 5, 2019 -
Report: USDA to release new food safety guidelines for meat companies
Amid a rise in recalls, an official told Reuters that companies will be required to start internal investigations when consumers complain and notify the government within 24 hours.
By Lillianna Byington • March 5, 2019 -
Budweiser teams up with Coleman Natural to launch beer-basted meat line
Following five years of volume declines of the alcoholic beverage, more partnerships and innovations are cropping up in the space to improve sales and withstand mounting competition.
By Jessi Devenyns • March 5, 2019 -
Farmstead partners with Kraft Heinz to expand inventory
The company is adding pantry staple classics including Jell-O and Kraft Mac & Cheese to provide one-stop online grocery shopping.
By Lauren Manning • March 5, 2019 -
Kellogg rolls out MorningStar Farms vegan Cheezeburger
The new burger will debut this week at Expo West and is part of the legacy plant-based line's plan to be completely animal product free by 2021.
By Cathy Siegner • March 4, 2019 -
Report: Ferrero and Mondelez seen as frontrunners to buy Campbell Soup's Arnott's
All official bids for the dominant player in Australia's biscuits segment — said to be worth about $3 billion — need to be received by March 20.
By Jessi Devenyns • March 4, 2019 -
Deep Dive
Big Food turns to small deals as major M&A transactions likely to pause in 2019
After completing larger transformational buys in 2018, companies such as Campbell Soup, General Mills, Hershey and Conagra will focus on digesting the purchases and lowering their debt levels.
By Christopher Doering • March 4, 2019 -
Moringa superfood producer Kuli Kuli gets $5M in funding led by Kellogg
Founder Lisa Curtis said the investment will help her nascent company launch its new ingredient business while continuing to scale its powder, bar and shot offerings.
By Jessi Devenyns • March 1, 2019 -
Opinion
How blockchain can protect reputations and attract committed customers
Amid the uptick in recent recalls, Anant Kadiyala of Oracle writes blockchain technology can help businesses regain and reinforce trust from the public.
By Anant Kadiyala • March 1, 2019 -
Column
Leftovers: A (100th!) birthday CupCake, grain-free pretzels offer a new twist on classic snacks
Hostess celebrates its centennial with sprinkles, and everything about Martha Stewart's new partnership is pretty fishy.
By Food Dive staff • March 1, 2019 -
Brown-Forman taps into data analytics to launch rye whiskey brand
The maker of Jack Daniel's, Old Forester and Woodford Reserve used consumer, production and sales data to determine if the U.S. market had room for another beverage line.
By Cathy Siegner • Feb. 28, 2019 -
Good Culture raises $8M to expand cottage cheese distribution
The company, which has grown 500% in four years and is now in more than 11,000 stores nationwide, has received investments from General Mills' 301 Inc.
By Jessi Devenyns • Feb. 28, 2019 -
Retrieved from TreeHouse Foods on July 01, 2016
TreeHouse Foods CEO: Customers couldn't trust our 'ability to execute'
With CEO Steve Oakland at the helm, the private label food manufacturer has closed plants, reduced its SKUs and changed how it sells products in a bid to reverse a multi-year decline in sales.
By Christopher Doering • Feb. 28, 2019 -
Ingredion touts its 'tools in the toolbox' to address changing consumer trends, CEO says
Jim Zallie said on-the-go consumption as well as low sugar and plant-based options have created "tremendous growth opportunities" for his company.
By Christopher Doering • Feb. 28, 2019