Corporate Operations: Page 211
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Retrieved from Target on June 16, 2017
Target cuts prices on groceries and other consumables
In a blog post last week, chief merchandising officer Mark Tritton promised the retailer will lower prices on cereal, baby formula, paper towels and hundreds of other items.
By Jeff Wells • Sept. 11, 2017 -
Kroger withdraws private label lawsuit against Lidl
The two sides agreed to dismiss the suit filed in June with prejudice, meaning the biggest U.S. supermarket operator cannot revisit the case or file a similar lawsuit in the future.
By Jeff Wells • Sept. 11, 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 -
Conagra revamps frozen meal brands to woo millennials
The food manufacturer's Banquet, Marie Callender's and Healthy Choice brands are part of a $2.9-billion business ripe for change to attract new consumers.
By Cathy Siegner • Sept. 8, 2017 -
Kroger profits fall 7% while same-store sales turn positive
The grocer posted a better-than-expected same-store sales increase of 0.7% while earnings hit $353 million, or $0.39 per diluted share.
By Jeff Wells • Sept. 8, 2017 -
Sprouts CEO sees home delivery as the way forward for e-commerce
Amin Maredia said his company has increased its stores’ market reach with delivery, and will likely expand to other e-commerce platforms beyond Amazon Prime Now.
By Jeff Wells • Sept. 8, 2017 -
Discounts are driving traffic to Whole Foods
Analysis shows the retailer’s average prices dropped only slightly following its acquisition by Amazon, but the cuts were successful in grabbing the attention of shoppers.
By Jeff Wells • Sept. 8, 2017 -
Survey: Food and beverage firms bullish on sales and profits despite challenges
Most of the more than 200 companies sampled by Mazars predicted they would benefit from industry trends favoring both private label and healthy/nutritious products.
By Cathy Siegner • Sept. 8, 2017 -
New website features milled-to-order flour for consumers
The question is whether they want to be able to purchase artisan flour, given current gluten-free and convenience-focused trends.
By Cathy Siegner • Sept. 7, 2017 -
Deep Dive
Private equity loves supermarkets, but do retailers benefit?
While they gravitate to the steady cash flow grocers produce, a focus on quick turnarounds and return on investment isn't always the best for retailers in a competitive market.
By Jeff Wells • Sept. 7, 2017 -
Report: Amazon sold recalled soy nut butter for months
At least one variety of I.M. Healthy's spread that was pulled off shelves in March for possible E. coli contamination continued to be available until this week, Food Safety News reports.
By Cathy Siegner • Sept. 7, 2017 -
Retrieved from McDonald's on September 06, 2017
Coca-Cola, McDonald's brew up McCafe drinks for retail
The ready-to-drink coffee category dominated by Starbucks and partner PepsiCo will see another new entrant when the restaurant giant's popular beverage hits store shelves early next year.
By Sandy Skrovan • Sept. 7, 2017 -
Retrieved from Nestle on September 07, 2017
Nestle acquires plant-based food maker Sweet Earth
The purchase gives the Swiss company a foothold in a rapidly growing market segment that could top $5 billion in sales by 2020.
By Christopher Doering • Sept. 7, 2017 -
Study: Smaller fat particles make cold butter easier to spread
Researchers in Australia found reducing the size of milkfat globules improves the consistency of the dairy product and can also make low-fat cream easier to whip.
By Cathy Siegner • Sept. 7, 2017 -
Kroger looks to play the long game against Amazon
The retailer has slashed prices of late, but hopes its growing online footprint, private label investments and easing deflation can put it back on track for growth.
By Jeff Wells • Sept. 6, 2017 -
Kellogg will lay off 223 employees at its Michigan cereal plant
The company intends to eliminate the jobs — about one-tenth of its Battle Creek workforce — by the end of the year.
By Cathy Siegner • Sept. 6, 2017 -
From snack boxes to online grocery: UrthMarket is launching
Subscription service UrthBox will launch its new online market later this month and will try to draw consumers with cash-back offers and free membership.
By Sandy Skrovan • Sept. 6, 2017 -
Deep Dive
Q&A part 2: Hampton Creek CEO Josh Tetrick on internal controversies, thorny challenges and going public
In part two of our interview, the food startup's founder talked about how "tenacity of purpose is the most important thing" for people working for the company and meeting its mission.
By Megan Poinski • Sept. 6, 2017 -
Green Giant rolling out line of frozen veggie 'pasta'
The reinvigorated iconic brand is adding zucchini, carrot and butternut squash varieties to its lineup with plans to have them available in stores nationwide in January.
By Cathy Siegner • Sept. 6, 2017 -
Bob Nichols. (2013). "20130822-OC-RBN-2946" [photograph]. Retrieved from Flickr.
Tyson plans to open $320M chicken processing plant in Kansas
The new facility, which is scheduled to begin production in mid-2019, is the latest move by the meat giant to help it address growing consumer demand for protein.
By Cathy Siegner • Sept. 6, 2017 -
Deep Dive
Q&A: Hampton Creek CEO Josh Tetrick on fixing the degrading food system through clean meat and plant proteins
In the first part of our interview, the startup's founder affirmed they are "not betting it all on the conscious consumer" to achieve the company's mission of making it easy for people to eat better.
By Megan Poinski • Sept. 5, 2017 -
SpartanNash expands click-and-collect program
The grocer-wholesaler has partnered with Unata to expand upon a single-store pilot at its Family Fare banner, with plans to offer the service at 50 stores by the end of this year.
By Sandy Skrovan • Sept. 5, 2017 -
$6 avocado toast at Walmart: The mega-retailer branches out with an organic restaurant
Earlier this month, the store opened Grown, which serves up fare like $9 cold-pressed juices, inside one of its Orlando supercenters.
By Jeff Wells • Sept. 1, 2017 -
Regional grocer outsources technology network to Supervalu
Minnesota-based Jerry’s Foods will receive connectivity services, a help desk and other capabilities from the wholesaler.
By Jeff Wells • Sept. 1, 2017 -
A sweet partnership: Ferrero moves into Cornell's New York campus
The chocolate maker is hoping to elevate innovation and recruit graduates with the center on the Ivy League school's tech center.
By Erika Kincaid • Sept. 1, 2017 -
Hy-Vee diversifies with burger restaurant and fitness partnerships
The Midwestern grocer will become the largest Wahlburgers franchisee in the U.S., with 26 locations planned. It also will open exercise centers and offer programs with store dietitians.
By Jeff Wells • Sept. 1, 2017