Corporate Operations: Page 163


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    Flagstone Foods
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    Report: TreeHouse looks to sell its trail mix business

    Sources told The New York Post the private label manufacturer could get significantly less than the $860 million it paid to buy Flagstone Foods in 2014.

    By Lillianna Byington • Nov. 19, 2018
  • Schwan's sells 80% of company to South Korean firm for $1.8B

    After 66 years, one of the largest privately held companies in America sold a majority share to an international buyer, hoping for expansion. 

    By Jessi Devenyns • Nov. 19, 2018
  • A person in a grocery store putting items in a smart cart. Explore the Trendline
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    Courtesy of Instacart
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    Trendline

    Top 5 stories from Food Dive

    The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future. 

    By Food Dive staff
  • Just in time for Thanksgiving: Ground turkey recall linked to salmonella outbreak

    Jennie-O has recalled about 147,276 pounds of ground turkey linked to a salmonella outbreak that has so far resulted in 164 illnesses, 63 hospitalizations and one death.

    By Cathy Siegner • Nov. 19, 2018
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    beyond meat
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    Plant-based food maker Beyond Meat files for $100M IPO

    The California company would go public as people look to eat healthier and protect animals and the environment — spurring demand for its products.

    By Nov. 19, 2018
  • Startups targeting food waste reduction raise $125M this year

    Foundation grants for groups dedicated to this issue hit $134 million from January through September 2016, a 70% jump over five years.

    By Cathy Siegner • Nov. 16, 2018
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    Retrieved from Kraft Heinz on November 16, 2018
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    It's slime time: Jell-O Play introduces edible ooze

    Two made-for-social-media versions of the new product from Kraft Heinz's Springboard Brands are hitting shelves and the Internet.

    By Nina Sparling • Nov. 16, 2018
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    PowerBar
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    Post Holdings sees Q4 growth, plans IPO for nutrition segment

    Post will sell about a fifth of the ownership of the new public company and expects to complete the spinoff in the second half of fiscal year 2019.

    By Lillianna Byington • Nov. 16, 2018
  • Opinion

    Why Coca-Cola shouldn't try to ride the CBD high

    As more beverage companies buy into the cannabis industry, business student Maggie Chen writes that the soft drink company should duck out because of legal technicalities and potentially disastrous effects on its brand.

    By Maggie Chen • Nov. 16, 2018
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    USDA
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    Taste predictor Gastrograph closes $4M investment

    The company collects data about how people perceive flavors and then uses artificial intelligence to determine how a demographic might respond to a food product. 

    By Jessi Devenyns • Nov. 15, 2018
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    Wikimedia Commons
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    US pork and beef demand fattens up — and consumers chicken out

    A side effect of the Trump administration's trade war is that less meat is being exported — increasing supplies and reducing prices domestically.

    By Nina Sparling • Nov. 15, 2018
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    Max Pixel
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    Food companies not doing enough to help consumers eat healthy, study finds

    The Access to Nutrition Foundation found items from the largest manufacturers that are billed as better-for-you aren't always affordable — and some don't always actually have wellness benefits.

    By Lillianna Byington • Nov. 15, 2018
  • Kellogg launches new cereal to support digestive health

    HI! Happy Inside, which contains prebiotics, probiotics and fiber, has a much higher price tag than most, costing $12.99 at some retailers.

    By Cathy Siegner • Nov. 15, 2018
  • Tyson forecasts top food trends for 2019

    The company's first annual Trendtellers Council highlighted personalization to promote health, smart technology and food as a form of self-expression.

    By Cathy Siegner • Nov. 15, 2018
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    DuPont Nutrition & Health
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    Plant-based eating makes consumers feel healthier, study says

    Nearly 60% said the switch was permanent — or they hoped it was — and taste is the main reason why more people haven't taken up this diet.

    By Cathy Siegner • Nov. 14, 2018
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    KIND Healthy Snacks
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    KIND bars shrink to new snack size

    The popular nut and grain bars have a new 100-calorie variety that is essentially half the size of their classic product.

    By Nina Sparling • Nov. 14, 2018
  • Blue Apron lays off 4% of workers as more users abandon service

    The meal kit maker posted disappointing figures across all key metrics, including a decline in orders per customer and average revenue per customer.

    By Nov. 14, 2018
  • Mondelez cuts ties with 12 palm oil suppliers, citing deforestation

    The food giant recognizes a "gap" between its current palm oil supply chain state and its goal of 100% sustainability and transparency.

    By Shefali Kapadia • Nov. 13, 2018
  • Tyson's Q4 earnings miss expectations, hurt by lower prices

    The company's sales dropped 1.4% to $10 billion, and average prices for its products fell 4.1%.

    By Lillianna Byington • Nov. 13, 2018
  • Kellogg plans to sell Keebler bakery brands and cookie business

    The cereal and snacks company — which made dramatic personnel cuts to shore up its bottom line in 2017 — says that divesting the sweets can help it focus on its core business.  

    By Nov. 13, 2018
  • PepsiCo names first participants in its US accelerator

    The program — launched soon after its separate innovation hub became established — is six months of mentoring, advice and a potential $120,000 grant.

    By Cathy Siegner • Nov. 13, 2018
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    Retrieved from Chobani on November 11, 2018
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    Deep Dive

    Start me up: How big food companies' incubator programs help new companies get going

    Most manufacturers have a division dedicated to assisting young, trendy brands in their journey toward success — and maybe an eventual acquisition.

    By Nov. 12, 2018
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    Christopher Doering
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    Deep Dive

    How 4 disruptive startups upended the status quo

    Young companies often enter a market that was underserved or untapped, and with the right product and timing, can end up completely changing the game.

    By Nov. 12, 2018
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    Retrieved from Chobani on November 10, 2018
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    Chobani introduces special yogurt variety to honor veterans

    "Hero Batch, Red, White and Blueberry" Greek yogurt was designed by veterans working at the company and is available at retailers nationwide.

    By Cathy Siegner • Nov. 12, 2018
  • Nestlé launches helpline to combat labor issues in palm oil supply chain

    While palm oil offers greater yield and lower production costs, the industry is under fire for environmental and human rights concerns. 

    By Barry Hochfelder • Nov. 12, 2018
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    Diageo
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    Diageo sells 19 lower-end brands for $550M

    Sazerac — one of the U.S.'s oldest family-owned distillers — will get a variety of labels including Seagram's whiskey, Romana Sambuca and Booth's gin. 

    By Lillianna Byington • Nov. 12, 2018