Corporate Operations: Page 215
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Cup Noodles tries healthy with variety featuring full serving of vegetables
The "Very Veggie" product comes after consumers requested more produce in the snack popular with college students and in brown bag lunches.
By Erika Kincaid • Aug. 15, 2017 -
Regional grocers struggle as national competitors make gains
The struggles of stores like Marsh and Central Grocers are creating opportunities for national chains to grow and consolidate.
By Jeff Wells • Aug. 15, 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 -
'Healthier' sports drink maker Kill Cliff attracts outside investor
The investment by Sunrise Strategic Partners gives it a stake in a beverage with low-calories, no sugar and a clean ingredient label — areas popular with consumers.
By Christopher Doering • Aug. 15, 2017 -
Report: Activist fund Corvex builds $400M stake in yogurt maker Danone
Keith Meister, who oversees the investment group, acquired the shares because he believes the company is significantly undervalued, Bloomberg said.
By Christopher Doering • Aug. 15, 2017 -
Aldi to offer online shopping in 3 US cities
The discount retailer partnered with Instacart for this pilot, which will roll out in Los Angeles, Atlanta and Dallas later this month.
By Jeff Wells • Aug. 14, 2017 -
Analyst: Sprouts more likely to purchase Fresh Thyme than be bought out
A partnership between the two grocers, which share similar business models and store formats but operate in distinct regions, could be better positioned to compete with Whole Foods.
By Emma Liem Beckett • Aug. 14, 2017 -
Constellation Brands expands reach into craft brews with Funky Buddha buy
The acquisition, which boosts Constellation's presence in the high-end beer segment, follows its takeover of Ballast Point for nearly $1 billion in 2015.
By Christopher Doering • Aug. 14, 2017 -
Hampton Creek discussing partnerships with global meat companies
These potential licensing agreements with well-known entities would help the San Francisco-based startup increase "clean meat" production and keep costs down.
By Megan Poinski • Aug. 14, 2017 -
Giant launches 'No Antibiotics Ever' pork with private label
The product coincides with trends taking place throughout the food industry, including growing demand for cleaner labels and a push away from national brands.
By Erika Kincaid • Aug. 11, 2017 -
Retrieved from Target on June 21, 2017
Analytics company AppCard acquires loyalty program ProLogic
The tech partnership is set to make independent grocers more data-driven and analytically focused, which could level the playing field with bigger, deep-pocketed competitors.
By Sandy Skrovan • Aug. 11, 2017 -
Harris Teeter launching new program to highlight local products
The grocery chain, a unit of Kroger, will spotlight products already on store shelves that consumers might not know are produced or raised nearby.
By Erika Kincaid • Aug. 11, 2017 -
Hucker gets nod as Southeastern Grocers president and CEO
Despite a transformation plan already in motion, the new executive faces a challenge of reviving a company that's been losing sales and market share.
By Sandy Skrovan • Aug. 11, 2017 -
Does a swell of independent grocery openings in DC hint at a new trend?
At least six locations have opened in the Washington, D.C., area since 2015, and additional openings are expected in the future.
By Emma Liem Beckett • Aug. 10, 2017 -
Ahold Delhaize profits surge 68% with merger savings
The Netherlands-based retail giant reported net income of €355 million ($416.04 million) for the quarter and net synergies of €117 million ($137.12 million) for the first half of 2017.
By Jeff Wells • Aug. 10, 2017 -
Chef'd gets $25M investment from Smithfield Foods
The meal-kit startup has eschewed venture capital and instead turned to strategic partners such as Campbell Soup, which are looking to get a foothold in the space.
By Christopher Doering • Aug. 10, 2017 -
Could alcohol-free beer give the industry a much-needed buzz?
Specialty brews are growing increasingly popular with health-conscious consumers and those worried about the problems that can occur when drinking.
By Christopher Doering • Aug. 10, 2017 -
Flowers Foods Q2 performance underwhelms, lowers full-year guidance
The company also announced it will close a snack cake bakery in Winston-Salem, North Carolina in early October to help improve its profitability.
By Sandy Skrovan • Aug. 10, 2017 -
Blue Apron stock plunges 15% despite posting better-than-expected revenue
In its first earnings report as a public company, the meal-kit provider warned of unexpected costs tied to the start up of its new Linden, New Jersey, facility.
By Christopher Doering • Aug. 10, 2017 -
Retrieved from Chobani on August 03, 2016
Chobani reorganizes sales and marketing under 'demand' department
This move could break down organizational silos, increase integration and awareness across corporate functions, and make the company more responsive to changing consumer tastes and preferences.
By Sandy Skrovan • Aug. 9, 2017 -
Food and flat-boxed furniture: A third of Ikea shoppers come to eat
The Swedish retailer already has pop-up restaurants in London, Paris and Oslo, and is now reportedly considering opening stand-alone cafes in major cities around the world.
By Erika Kincaid • Aug. 9, 2017 -
Hostess' Q2 earnings deliver profit, but fall short of expectations
Company shares fell 3% after earnings were released Tuesday, but the baker is confident investments in product innovations will continue to drive revenue growth.
By Emma Liem Beckett • Aug. 9, 2017 -
Appeals court upholds $42M decision against Safeway over online pricing
The class-action case, which was filed in 2011, claimed the California-based grocer raised online product prices higher than its customer contract allowed.
By Jeff Wells • Aug. 9, 2017 -
FDA calls Impossible Burger's secret ingredient into question
The plant-based meat with soy leghemoglobin is still on the market, but the agency is concerned the substance could be an allergen.
By Sandy Skrovan • Aug. 9, 2017 -
Dave's Killer Bread continues to rise with help of ex-felons
The company was founded by Glenn Dahl and his brother Dave, who previously served 15 years in prison. Nearly a third of the firm's employees are former convicts.
By Erika Kincaid • Aug. 9, 2017 -
Monster Beverage sees strong Q2, but future growth could be slowing
The energy drink company's gross sales increased 9.8% to $1.04 billion from a year earlier, but segment and supply challenges loom on the horizon.
By Megan Poinski • Aug. 9, 2017
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