Corporate Operations: Page 188


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    Sarah Poinski-McCoy
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    Sprouts lowers guidance as comp-store sales growth slides

    The discount natural and organic retailer reported a 2.7% increase in the key metric, noting that operational challenges and deflation impacted results.

    By Jeff Wells • May 3, 2018
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    Deborah Barrington
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    Kellogg's Q1 earnings top estimates, but morning foods are still stale

    The RXBAR acquisition may be the prescription for continuing growth, as the cereal maker posted revenue of $3.4 billion for the quarter. 

    By May 3, 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
  • Iconic A&P grocery brand finds a buyer

    It's the end of an era for the grocer, which pioneered the modern supermarket and altered the way consumers shop for food.

    By Alicia Kelso • May 3, 2018
  • Kraft Heinz squeezes past analyst expectations for Q1

    The CPG giant reported net sales of $6.3 billion, down 0.3% from 2017's first quarter, largely because of higher product and distribution costs.

    By May 3, 2018
  • Tyson Foods' VC arm invests in Israeli lab-grown meat business

    Future Meat Technologies raised $2.2 million to continue working on a manufacturing technology platform for cost-efficient non-GMO production.

    By Cathy Siegner • May 3, 2018
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    Retrieved from TreeHouse Foods on July 01, 2016
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    TreeHouse Foods beats expectations, but struggles persist

    The private label manufacturer reported revenue of $1.48 billion during the first quarter, and blamed high commodity and freight costs for weak segment sales. 

    By May 3, 2018
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    Blue Apron Facebook
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    Blue Apron trims losses, announces Costco pilot

    The beleaguered meal kit company had 786,000 active users compared to 746,000 in the fourth quarter of 2017. Average revenue per customer was $250 versus $248.

    By May 3, 2018
  • Publix's Q1 sales soar as grocery competition heats up

    The beloved grocer continues to grow in crowded markets, with net sales up 6.8% and same-store sales up 5.1%.

    By Jeff Wells • May 2, 2018
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    Buckley Air Force Base
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    Molson Coors hurt by weak US demand, softness in beer industry

    Total sales dropped 4.8% to $2.33 billion, while domestically they fell 5.8% to $1.65 billion. The company's CEO cited improving conditions for the remainder of 2018.

    By May 2, 2018
  • Gatorade pits pro soccer teammates in fierce rivalry to promote new beverage

    "Everything Changes" leverages the popularity of international stars Lionel Messi and Luis Suárez ahead of the World Cup. 

    By Erica Sweeney • May 2, 2018
  • Mondelēz Q1 sales slip in North America, but climb elsewhere

    A quarter of the snacking giant's revenues come from the United States, which saw challenging market dynamics and higher operating costs, Chairman and CEO Dirk Van de Put said. 

    By Cathy Siegner • May 2, 2018
  • Instacart plans $40M support center in Atlanta

    The so-called Customer Experience Center, set to be built during the next two years, will be the company's largest office outside of its San Francisco headquarters.

    By Jeff Wells • May 2, 2018
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    Weis
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    Weis Markets fuels growth with $101M investment

    The regional grocer will use the money to build new stores and remodel existing ones, improve its supply chain and expand its e-commerce offerings.

    By Jeff Wells • May 1, 2018
  • Sabra spices up its hummus with barbecue jackfruit variety

    The limited-edition product features a savory, shredded version of the fruit, which has become a popular meat substitute because of its texture. 

    By Cathy Siegner • May 1, 2018
  • Does the new tax bill favor craft breweries over industry giants?

    Supporters say the law put into place late last year will allow smaller makers of the beverage to improve equipment, distribution and to hire more workers.

    By Patti Zarling • May 1, 2018
  • Small is big: Schnucks announces its latest scaled-down store

    The 36,000-square-foot location will open in Warrenton, Mo., this fall, and will feature a wide selection of fresh produce, meat and bakery items.

    By Patti Zarling • May 1, 2018
  • Walmart's Asda grocery chain to merge with Sainsbury's

    If given the green light, pending various approvals, the megaretailer will hold 42% of the combined company, which is poised to become a U.K. grocery powerhouse.

    By Corinne Ruff • April 30, 2018
  • Food Lion to buy 4 South Carolina Bi-Lo stores

    The deal is expected to close in late May, marking the latest sale for Southeastern Grocers which filed for bankruptcy in March.

    By Jeff Wells • April 30, 2018
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    Hershey
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    Hershey curtailing limited-edition offerings to improve profitability

    The maker of Reese's and Kit Kat plans to reduce complexity in its supply chain by eliminating some holiday assortments and focusing on its core products.

    By Alicia Kelso • April 30, 2018
  • Kraft Heinz partners with Food Network on salad dressings, sauces and meal kits

    The Kitchen Inspirations lineup could help bring the company out of its sales slump and plug it into the TV channel's fans. 

    By Cathy Siegner • April 30, 2018
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    Hormel Foods
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    Hormel may be among bidders for Chinese condiment maker

    The manufacturer of Jennie-O and Applegate was reportedly interested in acquiring Jiahao Foods in a deal potentially worth $600 million.

    By Cathy Siegner • April 30, 2018
  • Anheuser-Busch CEO downplays AB InBev's urge for more M&A

    The brewer is focusing on organic growth after its $100 billion purchase in 2016 of SABMiller that brought Stella Artois, Budweiser and Michelob Ultra under one roof — but increased the company's debt level.

    By April 30, 2018
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    Ahold Delhaize
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    Ahold Delhaize launches lab to develop AI innovations

    The new Artificial Intelligence for Retail Lab will take place at the retailer's Albert Heijn and bol.com brands, with insights from the venture to be applied across its U.S. and European businesses. 

    By Alicia Kelso • April 27, 2018
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    Megan Poinski
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    Bai Brands sued over lab-made malic acid

    The class-action suit is the latest in a series of complaints demanding that manufacturers call the ingredient — which can occur naturally — an artificial flavor.

    By Cathy Siegner • April 27, 2018
  • Kellogg's Pop-Tarts Splitz combines flavors in bid to reach young consumers

    The company is bringing back the product, first introduced a decade ago, for a limited time with two new flavor combinations.

    By Cathy Siegner • April 27, 2018