Corporate Operations: Page 207
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Conagra CEO says food maker looking at more acquisitions
Fresh off its purchase of Angie’s Boomchickapop, the company is eyeing further deals to "modernize, innovate, and renovate" its product portfolio.
By Sandy Skrovan • Oct. 3, 2017 -
Hy-Vee announces locations of two hybrid convenience stores
Close to the grocer's hometown of Des Moines, Iowa, Fast & Fresh stores will be around 10,000 square feet and include an assortment of groceries and a Market Grille Express station.
By Jeff Wells • Oct. 2, 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 -
Can fizzy milk make dairy popular again?
Arla is starting a U.K. trial of a carbonated fruity beverage it hopes will catch on with consumers, despite past rejection of similar products.
By Erika Kincaid • Oct. 2, 2017 -
Ball plant falls victim to diminishing demand for food cans
Consumer preference for fresh foods and sustainable practices is causing some CPG makers to reformulate products and rethink packaging, putting pressure on some suppliers.
By Sandy Skrovan • Oct. 2, 2017 -
Tetra Pak overhauling Texas plant to address changes in packaging
Besides fulfilling demand in the U.S. and Canada for aseptic containers with screw caps, the $36 million factory expansion will allow the company to relocate some production from Mexico.
By Cathy Siegner • Oct. 2, 2017 -
Publix becomes the latest grocer to try curbside pickup
Slow to ramp up its e-commerce capabilities, the regional supermarket chain is now well on its way with this click-and-collect test, as well as an aggressive home delivery expansion.
By Sandy Skrovan • Oct. 2, 2017 -
Jet.com will soon launch its own grocery line
The new brand, Uniquely J, will initially focus on consumables like coffee, laundry detergent and paper towels, and is seen as a response to Amazon’s growing private label selection.
By Jeff Wells • Sept. 29, 2017 -
Report: Walmart will sell meal kits on its website starting in December
The retailer will offer meal kits from various companies as it tests the growing market, according to one supplier who’s been in talks with the chain.
By Jeff Wells • Sept. 29, 2017 -
Retrieved from General Mills on September 29, 2017
7-Eleven and General Mills partner on exclusive breakfast item
The Pillsbury Stuffed Waffle, which will be available all day, is the latest partnership between the retailer and the CPG manufacturer since 2013.
By Erika Kincaid • Sept. 29, 2017 -
Lidl executive shuffle could mean trouble for US operations
The German discounter has replaced its head of U.S. operations, fueling speculation that the company’s American rollout may be struggling.
By Jeff Wells • Sept. 29, 2017 -
Instacart close to entering Canada with Loblaw tie-up
While the online delivery company has contemplated entering the new market for some time, the Amazon/Whole Foods deal accelerated those efforts, according to reports.
By Sandy Skrovan • Sept. 29, 2017 -
Tyson Foods to cut 450 jobs as meat processor boosts outlook
The Arkansas company increased guidance for its 2017 fiscal year, which ends Saturday, due to better than expected earnings in its beef operations.
By Cathy Siegner • Sept. 29, 2017 -
Flowers Foods will shed 450 employees — 15% of its management — in buyouts
Buyouts are expected to cost the company $27 million in the next quarter, the chief financial officer said in a presentation in New York this week.
By Cathy Siegner • Sept. 29, 2017 -
Study suggests artificial sweeteners may raise the risk of Type 2 diabetes
But the research was conducted on only 27 healthy volunteers, prompting some critics to call for larger trials in more realistic settings.
By Cathy Siegner • Sept. 28, 2017 -
Ganeden says lab studies prove its new probiotic boosts immunity
Staimune, an inactive bacteria, can be used in more food and drink applications — and bring about some similar benefits.
By Cathy Siegner • Sept. 28, 2017 -
Deep Dive
Q&A: HowGood's CEO on how sustainability sells groceries
The company's ratings system, which is in about 400 stores nationwide, tells shoppers how "good" food products are — and helps them put their money behind their ideals.
By Megan Poinski • Sept. 28, 2017 -
Beyond Meat adds its plant-based burgers to Chef'd meal kit partnership
The move is a sign of more mainstream consumer acceptance and desire for meat substitutes.
By Cathy Siegner • Sept. 28, 2017 -
Conagra profit dips 18%, beating analyst expectations
The maker of Reddi-wip and Chef Boyardee reported net income of $152.5 million for Q1 2018, attributing the results to the higher costs of expanding its product footprint.
By Emma Liem Beckett • Sept. 28, 2017 -
Mackey: Whole Foods escaped a 'trap' with Amazon's acquisition
Speaking at an executive conference last week, the Whole Foods CEO said Amazon has freed the natural and organic grocer from its high-price image.
By Jeff Wells • Sept. 28, 2017 -
Hain Celestial to give up board seats after deal with activist investor
The agreement with Engaged Capital could make it more likely that the organic and natural foods maker, long considered a takeover target, is sold.
By Christopher Doering • Sept. 28, 2017 -
Kellogg's board appoints new CEO for struggling cereal maker
Steven Cahillane, formerly president and CEO of Nature’s Bounty, will take over the top position from John Bryant, who is retiring after seven years at the helm.
By Jeff Wells • Sept. 28, 2017 -
McCormick sales benefit from demand for healthy and flavorful food
The spice maker also increased its outlook for its 2017 fiscal year to reflect acquisitions and growth momentum, with sales expected to grow by up to 10%.
By Cathy Siegner • Sept. 27, 2017 -
Heineken taps a wild yeast to brew its new beer
The company’s latest formula, using something recently discovered growing on an Argentina mountainside, could be the start of a new category that could stand beside ales, lagers and sours.
By Sandy Skrovan • Sept. 27, 2017 -
Cub Foods is the front line for Supervalu's prepared foods strategy
The retailer-wholesaler is battling Hy-Vee’s encroachment into the Twin Cities with discounts on its new Quick & Easy meals.
By Jeff Wells • Sept. 27, 2017 -
Deep Dive
Why the beleaguered food industry is in activist investors' crosshairs
With slowing growth, changing consumer tastes and plunging stock prices, more companies are likely to join Nestle, Hain Celestial, Whole Foods and Danone as targets of investor pressure.
By Christopher Doering • Sept. 27, 2017