Corporate Operations: Page 212
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FDA
Clear Labs nabs $16M in funding to advance food safety system
The company’s next-generation sequencing could help brands and retailers identify fraud, verify the authenticity of ingredients and improve the traceability and safety of their own products.
By Sandy Skrovan • Sept. 1, 2017 -
Lidl's private label Skyr yogurt wins top award
Hard discounters have been racking up best product wins lately, proving that food doesn't need to be expensive in order to be appreciated.
By Sandy Skrovan • Sept. 1, 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 -
Warren Buffett says Kraft Heinz will not acquire Mondelez
The Berkshire Hathaway chairman and CEO's remarks sent several large CPG producers' stocks tumbling.
By Erika Kincaid • Aug. 31, 2017 -
Campbell Soup revenue falls again as CEO warns of 'challenging' environment
The maker of soups, carrots, juices and other products warned of industry headwinds including changing consumer preferences and new shopping behaviors.
By Christopher Doering • Aug. 31, 2017 -
FDA
Innophos buys Novel Ingredients for $125M
The merger strengthens the ingredient company’s ability to grow its food, health and nutrition portfolio, while allowing it to take advantage of trends such as energized aging and clean labels.
By Sandy Skrovan • Aug. 31, 2017 -
Aldi gains market share throughout the Midwest
Walmart still remains the top player in states such as Missouri and Kansas, but the discounter has made significant gains during the past year.
By Jeff Wells • Aug. 30, 2017 -
Bob Evans hikes 2018 guidance after Q1 sales jump
The Ohio company reported net sales were up 27.1% to $109.3 million from the same period last year, while adjusted earnings rose 38.3% to $19.5 million.
By Cathy Siegner • Aug. 30, 2017 -
Earth Fare rolls out low-price 'Clean Food Security' meals
The natural and organic retailer’s program features daily menu plans to feed a family of four for less than $10.
By Jeff Wells • Aug. 30, 2017 -
Grocery is driving e-commerce success at Walmart
A new study shows 26% of the retail giant’s e-commerce sales came from food and beverages in Q2, a sign that its efforts in the online marketplace are paying off.
By Sandy Skrovan • Aug. 30, 2017 -
Deep Dive
Inside Amazon + Whole Foods: The first day
As Amazon started running Whole Foods on Monday, special sales were the main draw. But the changes at the natural and organic retailer go beyond just low prices.
By Jeff Wells • Aug. 29, 2017 -
Gelson's serves up Chef'd meal kits in stores
The companies both stand to benefit from the partnership, with the grocer tapping into the growing demand for prepared items while the food maker expands its offerings beyond the web.
By Sandy Skrovan • Aug. 29, 2017 -
LaCroix is soaring, but could the sparkling water brand lose its fizz?
The popular beverage, which has seen sales more than double during the last two years to $225.5 million, has simple ingredients that are easy for competitors to replicate.
By Erika Kincaid • Aug. 29, 2017 -
Retrieved from Target on August 28, 2017
Target hopes shoppers raise a glass to its new $5 private label wine
The retailer is extending its cheap chic image to its grocery department with the introduction of an exclusive, value-oriented collection that includes Cabernet Sauvignon, Chardonnay and Pinot Grigio.
By Sandy Skrovan • Aug. 29, 2017 -
Retrieved from Nestle on June 15, 2017
Hydrox cookie maker emerges as suitor for Nestle's US candy business
In what could be a $3 billion deal, Leaf Brands plans to make an offer with the help of private equity for the division that includes Butterfinger, BabyRuth, SweeTarts and Nerds.
By Cathy Siegner • Aug. 29, 2017 -
Hain Celestial posts profit even as sales slip 2% in Q4
The organic and natural products maker, which has been rumored to be a takeover target, said in June it would not revise any of its previous financial statements following a review.
By Cathy Siegner • Aug. 29, 2017 -
Coca-Cola debuts new water fountain with flavor upgrades
The PureFill, which offers Dasani-branded water for free, features a location app, cashless payment option and other perks aimed at college students.
By Erika Kincaid • Aug. 29, 2017 -
Opinion
Business immigration insider briefing: How to stay compliant under the Trump administration
With White House uncertainty and potential changes looming, Shin-I Lowe and Jennifer Robinson with Littler Mendelson look at existing laws and ways for businesses to respond.
By Shin-I Lowe, Jennifer Robinson • Aug. 29, 2017 -
Tyson cleared in SEC chicken price-fixing investigation
Despite being cleared of wrongdoing, several recent scandals could leave consumers with a bad taste regarding product and pricing transparency in meat and poultry.
By Sandy Skrovan • Aug. 28, 2017 -
Wegmans drops anchor in vacant mall space
Shopping mall locations that have good customer traffic, ample parking and public transit access could prove beneficial to grocery stores.
By Sandy Skrovan • Aug. 28, 2017 -
Deep Dive
A Balancing Act: Finding a winning recipe for top line growth
Strategies like production innovation, small brand acquisition and capturing new consumers pose both opportunity and challenges.
By Emma Liem Beckett • Aug. 28, 2017 -
Veggie Noodle plans expansion with $14M investment
The company's founder said it will grow production capacity, hire more employees and bolster R&D with new funds from Encore Consumer Capital.
By Cathy Siegner • Aug. 28, 2017 -
Opinion
Disruption in aisle 3: How grocers can thrive amid Amazon's Whole Foods takeover
Traditional supermarkets can succeed by knowing their customers, expanding beyond the store and playing to their strengths. Efrain Rosario with Retale offers advice for retailers.
By Efrain Rosario • Aug. 28, 2017 -
Tyson and Foster Farms invest in new meat facilities
These are just the two latest processors to put money into upgrades and expansion to increase production levels, efficiency and their bottom line.
By Sandy Skrovan • Aug. 25, 2017 -
Amazon-Whole Foods deal closes Monday, bringing lower prices and Prime-based loyalty program
Immediately after the deal goes into effect, prices will drop on grocery staples and Whole Foods’ private-label brands will be available on Amazon.
By Jeff Wells • Aug. 25, 2017 -
The rosé trend has turned spirits pink
The rosé craze among millennials continues to spark more creative pink drinks from beverage manufacturers and prompt retailers to highlight rosé displays in stores.
By Cathy Siegner • Aug. 25, 2017
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