Corporate Operations: Page 208
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Albertsons' gross margin and same-store sales drop in Q3
Promotions failed to gain traction during the quarter, but officials say their focus on targeted investments has boosted results in recent weeks.
By Jeff Wells • Jan. 18, 2018 -
School fundraisers promote junk food consumption, study says
General Mills’ Box Tops for Education and Tyson Food’s Project A+ were two of the popular programs that critics said establish poor eating habits and skirt federal nutrition requirements.
By Erika Kincaid • Jan. 18, 2018 -
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 -
Ikea latest retailer to announce chicken welfare standards
The Swedish food and home decor chain plans to gradually phase in the new program, with final compliance expected by 2025.
By Cathy Siegner • Jan. 18, 2018 -
Cargill gives peas a chance through investment in Minnesota protein supplier
Puris plans to use the investment for a second production plant and to leverage the commodity trader's market reach to expand global operations.
By Cathy Siegner • Jan. 18, 2018 -
Sanderson Farms says the US has an oversupply of antibiotic-free chicken
The third-largest U.S. poultry producer has drawn national attention for continuing to administer drugs to its birds and claims the practice gives it a competitive price advantage.
By Cathy Siegner • Jan. 18, 2018 -
Amazon beats Walmart in online grocery battle
The e-commerce giant's 18% market share, double that of the Arkansas retailer, is poised to grow as consumers feel more comfortable shopping for food online.
By Daphne Howland • Jan. 18, 2018 -
Trader Joe's, Amazon top list of 'preferred' grocers
The top 10 winners are familiar ones, but they didn't all make the list for the same reasons. The report measures the two most important perceived drivers — price and quality.
By Pamela DeLoatch • Jan. 18, 2018 -
CPGs need to focus on emerging markets, e-commerce and partnerships this year
The rise of private labels is just one challenge facing consumer product goods companies in 2018, according to a new report from Deloitte.
By Daphne Howland • Jan. 17, 2018 -
Slow expansion and store closures could be the new norm for grocers
As they cope with pricing pressure and rising e-commerce adoption, retailers are more focused on productivity at existing locations.
By Jeff Wells • Jan. 17, 2018 -
Kroger to add digital shelf displays to about 200 stores in 2018
The company's new "Kroger Edge" initiative will interact with consumers' smartphones and could eventually replace static price tags in stores.
By Cathy Siegner • Jan. 17, 2018 -
Whole Foods' store brands boost AmazonFresh sales 35%
Weekly revenue for the e-tailer's grocery service, which has struggled to expand since its launch in 2007, more than doubled during the last year, according to One Click Retail.
By Erika Kincaid • Jan. 17, 2018 -
Retrieved from Nestle on June 15, 2017
Nutella owner buys Nestle's US candy business for $2.8B
The purchase, which includes Butterfinger, Baby Ruth and Raisinets, is the latest move by the Italian company to expand its footprint in the American confection business.
By Cassie Chew • Jan. 17, 2018 -
Utz owner sells back stake in the chip company
Metropoulos & Co., which has rejuvenated other brands such as Hostess, Pabst Brewing, Ghirardelli Chocolate and Chef Boyardee, more than doubled its investment in the firm.
By Erika Kincaid • Jan. 17, 2018 -
Will hemp-infused iced tea create a buzz in the marketplace?
Phivida created the beverage for consumers who want cannabinoid-based treatments without the psychotropic side effects of THC.
By Cathy Siegner • Jan. 17, 2018 -
Goldman Sachs may sell US food manufacturer Hearthside Foods
The company, owned by the Wall Street firm's private equity arm, is the largest independent bakery in the U.S., and could snag a price tag of $2.5 billion.
By Cathy Siegner • Jan. 16, 2018 -
Heineken looks to grow sales of Red Stripe following $16M investment
The new equipment will allow the Jamaican brewery to increase its exports to 26,000 cases per day, or 5 million annually.
By Cassie Chew • Jan. 16, 2018 -
Here's why Kroger and other retailers are vying for Boxed
The bulk seller has a growing B2B business and robust online and mobile presences that could prove attractive to potential buyers.
By Jeff Wells • Jan. 16, 2018 -
As Sam's Club downsizes, BJ's goes for its customers
The warehouse retailer sees an opportunity in Walmart's move to reduce the footprint of its club seller, but it’s Costco that could get the greatest benefit.
By Daphne Howland • Jan. 16, 2018 -
Instacart acquires digital grocery provider Unata
The combined e-commerce and technology company aims to help supermarkets compete against heavyweights Amazon and Walmart.
By Jeff Wells • Jan. 16, 2018 -
Beyond Burger sales sizzle with meat eaters
The company said about 70% of consumers who buy its plant-based burgers are not vegetarians, a factor it credits to favorable placement alongside chicken, beef and pork in the grocery store.
By Erika Kincaid • Jan. 16, 2018 -
Fora Foods to launch plant-based butter made from aquafaba
The manufacturer says the clean label, functional ingredient, which is made using liquid residue from chickpeas, will help it stand out from other non-dairy offerings.
By Cassie Chew • Jan. 16, 2018 -
Deep Dive
Boxed CEO: Brick and mortar is 'absolutely' in its future
Chieh Huang did not confirm or deny rumors at the NRF's Big Show that the e-commerce company would be acquired by Kroger, but still hopes to "push the button on the New York Stock Exchange."
By Cara Salpini • Jan. 15, 2018 -
Retrieved from PepsiCo on January 11, 2018
PepsiCo pushes nostalgia, taps Cindy Crawford for throwback Super Bowl ad
This year's 30-second spot will highlight three of the company's namesake sodas: Pepsi, Diet Pepsi and Pepsi Zero Sugar. Will the response be enough to revive flat segment sales?
By Cathy Siegner • Jan. 12, 2018 -
Post Holdings says selling private brands businesses is on the table
The company announced Thursday that it was also considering "creative alternatives" for the unit, including an IPO, private equity placement or a strategic combination.
By Cathy Siegner • Jan. 12, 2018 -
You want fries with that store? California Whole Foods says yes.
A San Jose location will begin hosting LocoL next week — a low-price, mission-driven restaurant that serves up $5 cheeseburgers, chopped salads and other fast favorites.
By Cathy Siegner • Jan. 12, 2018