Corporate Operations: Page 199
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Walmart is reportedly raising online prices on CPGs
Charging more online than off isn’t unheard of, but it’s rare for Walmart, whose pitch to shoppers is "always low prices."
By Daphne Howland • Nov. 13, 2017 -
Anheuser-Busch tasks new CEO and North American president with driving topline growth
Company veteran Michel Doukeris, who has a track record of driving success around the world, takes over the beer giant's most important market on January 1.
By Cathy Siegner • Nov. 13, 2017 -
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 -
Little Debbie unleashes Twitter frenzy with #OneGottaGo campaign
The snack company's social media team generated buzz by using the "Survivor"-like Twitter meme, pretending to consider discontinuing one of its popular snack treats.
By Cathy Siegner • Nov. 13, 2017 -
Publix expands dairy plant to make more of its store brand milk
The regional supermarket is expanding an Atlanta dairy facility, following a growing trend among grocers looking for lower costs and greater flexibility in milk processing.
By Sandy Skrovan • Nov. 13, 2017 -
Kellogg partners with trade group to teach new workers the basics of baking
As more employees approach retirement, the company is revamping its recruiting and onboarding processes for fresh hires because many don't understand things like the difference between good and bad dough.
By Sandy Skrovan • Nov. 13, 2017 -
Tyson Foods' sales benefit from strong consumer demand for protein
The meat processor said it experienced growth in its major units — beef, pork, chicken and prepared food — during the fourth quarter, forecasting a strong 2018 fiscal year.
By Christopher Doering • Nov. 13, 2017 -
Was Instacart the biggest beneficiary of the Amazon-Whole Foods deal?
In an interview with Forbes, the delivery service's CEO Apoorva Mehta said after the takeover was announced, "Every major grocery retailer in the country was calling us."
By Sandy Skrovan • Nov. 10, 2017 -
Former Whole Foods executive joins startup that resells surplus food
FoodMaven, based in Colorado Springs, Colorado, hopes to leverage Walter Robb's experience and insights about the food industry as it expands.
By Cathy Siegner • Nov. 10, 2017 -
Kellogg opening grrrrrreat big cereal bar in New York City
The location is five times as large as its predecessor, with new menu items and an open air kitchen so diners can watch their meals being assembled.
By Erika Kincaid • Nov. 10, 2017 -
Halo Top dishes out its first scoop shop in California mall
The maker of the popular low-calorie ice cream is opening its first store next week with a soft-serve option, along with various types of cones and toppings.
By Cathy Siegner • Nov. 10, 2017 -
Monster Beverage sees strong growth, says supply problems are over
It saw solid gains of 16.6% in its most recent earnings report, and CEO Rodney Sacks said the company has additional production lines for some of its beverages.
By Erika Kincaid • Nov. 9, 2017 -
Ahold Delhaize earnings beat expectations, but Peapod remains a sore spot
The retailer reported a 54% increase in net income for the third quarter, but noted in a conference call that it has struggled to integrate merchandising for its delivery service within its physical store network.
By Jeff Wells • Nov. 9, 2017 -
Flowers Foods' earnings wilt from restructuring costs
While the bread and bakery company reported a 1.5% increase in sales for the third quarter, internal costs dragged it down to a $33.6 million loss.
By Cathy Siegner • Nov. 9, 2017 -
SpartanNash's distribution sales grow, but retail stores drag down profits
Double-digit sales gains in the company’s wholesale division were overshadowed by a 5.2% drop at its stores where it's struggling to compete with Walmart, discounters and dollar stores.
By Sandy Skrovan • Nov. 9, 2017 -
Coca-Cola looks to expand its offerings in cocktail mixers
The beverage giant has moved into other areas beyond soda as part of new CEO James Quincey's plans to transform it into a “total beverage company.”
By Erika Kincaid • Nov. 9, 2017 -
Hostess Brands' sales and income sour despite new product launches
The iconic maker of Twinkies and Ding Dongs said it was challenged by difficult year-over-year comparison from 2016, supply issues from a co-manufacturer and hurricanes Harvey and Irma.
By Cathy Siegner • Nov. 9, 2017 -
Hy-Vee converting some sit-down restaurants back to self service
To capitalize on increasing demand for quick meals, the grocer will convert seven of its Market Grille locations in the Des Moines area back to Express locations.
By Erika Kincaid • Nov. 9, 2017 -
Hershey hopes to strike gold with its first new candy bar in 22 years
Even as the sweets maker expands its reach into healthier snacking through its purchases of Krave and barkTHINS, the Pennsylvania company hasn't given up on the treats that helped make it famous.
By Cathy Siegner • Nov. 8, 2017 -
Cargill launches a traceable turkey program ahead of Thanksgiving
The protein giant is leveraging blockchain technology to tell consumers where their holiday bird was raised.
By Erika Kincaid • Nov. 8, 2017 -
Hy-Vee will slow its growth in the Twin Cities
The retailer still sees an opportunity to expand in the market, but it wants to first re-assess its approach and consider other options like smaller store formats.
By Jeff Wells • Nov. 8, 2017 -
Blue Apron stock plummets to all-time low as new fulfillment facility erodes profits
The meal kit company’s shares fell more than 21% on Tuesday after the CEO said its new center was costing more than expected and was a drag on profits.
By Sandy Skrovan • Nov. 8, 2017 -
Opinion
Socrates' advice for moving your products off the shelf faster
With food and beverage manufacturers competing with thousands of other products, Victoria Vessella from Repsly discusses how companies can get consumers to buy their item once it reaches the store.
By Victoria Vessella • Nov. 8, 2017 -
Profit at Pilgrim's Pride surges 135% as demand for poultry remains strong
The company said it saw high demand for its chicken during the summer grilling season despite the availability of other protein alternatives on the market.
By Cathy Siegner • Nov. 7, 2017 -
Weis Markets' profits disappoint, dropping 58% in Q3
Aggressive pricing and promotions, ongoing price deflation and inventory management challenges contributed to a profit decline, overshadowing the 14th straight quarter of comp-store sales gains.
By Sandy Skrovan • Nov. 7, 2017 -
Sales and income picture gets brighter for Snyder's-Lance
The North Carolina snack maker continued on a more positive track during the third quarter and increased its 2017 outlook as a result.
By Cathy Siegner • Nov. 7, 2017