Corporate Operations: Page 187
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Costco posts robust 43% e-commerce jump in April
Although grocery makes up a small percentage of the company’s online business, the wholesaler continues to see strong results from its Instacart partnership as well as its own two-day service.
By Jeff Wells • May 11, 2018 -
Pilgrim's Pride benefits in Q1 from acquisitions, chicken demand
The poultry producer posted net sales of $2.75 billion, up 10.8% from the year-ago period, with net income of $119.4 million compared to $93.9 million.
By Cathy Siegner • May 11, 2018 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 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 -
Tyson and Cargill may be looking to buy chicken nuggets maker Keystone Foods
The supplier of products to McDonald's, Wendy's, Taco Ball and Campbell Soup is in the fast-growing protein space, and could fetch more than $3 billion in a sale.
By Patti Zarling • May 11, 2018 -
Retrieved from Coca-Cola on May 10, 2018
100% stevia-sweetened Coke launches in New Zealand
The small country is a cautious starting point for the newest addition to the soda maker's portfolio, but should give a good idea of how the drink might perform in other developed markets.
By Caroline Macdonald • May 10, 2018 -
Ketel One botanical vodkas align with better-for-you demand
The Diageo-affiliated product caters to many of today's trends, including unique flavors, no added sugars or artificial flavors and 73 calories per serving.
By Caroline Macdonald • May 10, 2018 -
Cold shipping is easier, but does it solve the food industry's challenges?
Refrigerated containers called "reefers" that can be adjusted for climate control are in demand and could make global trade easier.
By Cathy Siegner • May 10, 2018 -
Bob Dylan knock, knock, knockin' on the liquor market with Heaven's Door whiskey
The new product, which will be made in a distillery located in a 140-year-old Nashville church, is the latest celebrity alcohol to hit the market that has attracted George Clooney and Justin Timberlake.
By Patti Zarling • May 10, 2018 -
Hostess Brands posts sweet Q1 sales as innovations pay off
The maker of Twinkies, Ding Dongs and Ho Hos benefited from recent expansions of its core brands, but it remains on the lookout for future acquisitions.
By Cathy Siegner • May 10, 2018 -
Ice Breakers gum, Robert Mondavi wine and fairlife milk win Nielsen package redesign awards
They were chosen from hundreds of submissions, which were judged based on retail sales and visual impact.
By Cathy Siegner • May 9, 2018 -
Ahold Delhaize improves sales and comps growth in Q1
The Netherlands-based retailer reported a 2.8% increase in same-store sales in the U.S., driven by its Hannaford and Giant banners.
By Jeff Wells • May 9, 2018 -
Weis Markets touts 15th quarter of growth
The Mid-Atlantic supermarket chain hopes to continue the trend by focusing on targeted discounts and online sales in the coming months.
By Patti Zarling • May 9, 2018 -
Monster Beverage's sales and profit surge, but margin pressures haunt outlook
The energy drinks maker said revenue during the first quarter rose 14.7% to $850.9 million, with much of the increase coming from outside the U.S.
By Cathy Siegner • May 9, 2018 -
AB InBev sales slump in US despite growth in other regions
The brewer, which continued to lose market share in its Budweiser and Bud Light brands, posted strong results domestically in its Stella Artois line and craft beer portfolio.
By Cathy Siegner • May 8, 2018 -
Hain Celestial misses targets as it drops smaller products
The natural and organic manufacturer's global net sales were up 7.5%, but the entire boost came from outside of the U.S.
By Megan Poinski • May 8, 2018 -
Purple Carrot sells $4M stake to Fresh Del Monte
The produce company's investment may help the plant-based meal kit maker launch into the retail channel.
By Cathy Siegner • May 8, 2018 -
Dean Foods tightens its belt as Q1 sales and profits drop
The dairy processor and distributor posted a net loss for the period as the milk glut and competition cut into its earnings.
By Cathy Siegner • May 8, 2018 -
International Flavors & Fragrances buys Israel's Frutarom for $7.1B
The companies said the new combined firm would give customers access to more products, with an increased focus on naturals and health and wellness.
By Cathy Siegner • May 8, 2018 -
Mondelēz buys cookie maker Tate's Bake Shop for $500M
The premium bakery will operate as a standalone business to preserve its authenticity, while giving the CPG giant a stronger foothold in real ingredients popular with consumers.
By Emma Liem Beckett • May 7, 2018 -
Prepared foods lead Tyson's Q2 sales, but transportation costs drag on earnings
The Arkansas-based protein company also announced plans to reduce about 550 corporate jobs at its headquarters and Cincinnati and Chicago offices.
By Cathy Siegner • May 7, 2018 -
PepsiCo imports Australian snack brand to US shelves
Red Rock Deli potato chips, which will be available online and in select retail outlets this spring, deliver the trendy flavors and free-from ingredient lists for which consumers are hungry.
By Cathy Siegner • May 7, 2018 -
Nestlé pays $7.15B for rights to sell Starbucks products globally
The deal gives the Swiss company a stronger presence in coffee, a segment growing in popularity as consumers look to healthier beverages and RTD options.
By Christopher Doering • Updated May 7, 2018 -
Walmart reportedly beats Amazon to Flipkart with $15B bid
Google parent Alphabet also may join with the retail giant in taking a 75% stake in India's major homegrown e-commerce retailer.
By Daphne Howland • May 4, 2018 -
Post Holdings' Q2 net sales gain from refrigerated food, protein shakes
The manufacturer posted sales increases in all of its operating segments during the second quarter, including its RTE cereals.
By Cathy Siegner • May 4, 2018 -
B&G sales surge 4.7% behind strength in Cream of Wheat, Ortega brands
The manufacturer of Green Giant and Snackwells plans to increase prices and create more efficiencies in warehousing and shipping in an effort to offset higher distribution costs.
By Patti Zarling • May 4, 2018 -
Frozen foods provides boost to Pinnacle's earnings
During the first quarter, the maker of Vlasic pickles and Duncan Hines baking products posted a slight increase in net sales to $778.8 million and net income of $56.9 million.
By Cathy Siegner • May 3, 2018