Corporate Operations: Page 232
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Kroger explores another growth market with new c-store concept
The largest U.S. supermarket chain is testing a fresh-focused model called Fresh Eats MKT, which opened Wednesday in Columbus, Ohio.
By Jeff Wells • May 11, 2017 -
Sweets maker Hostess sees Q1 earnings and revenue surge
The manufacturer of Twinkies and Ding Dongs benefited from new product initiatives as well as holiday and seasonal efforts.
By Keith Loria • May 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 -
Growing demand for organic ingredients leads to supply challenges
Sales of the specialty food are expected to see a CAGR of 7.6% through 2025, but a lack of an established supply chain could hurt the industry.
By Caroline Macdonald • May 11, 2017 -
Marsh Supermarkets latest grocer to file for bankruptcy
Marsh CEO Tom O'Boyle said in a statement that Chapter 11 ensures "the best recovery for the company's stakeholders."
By Keith Loria • May 11, 2017 -
As Q2 sales slide, Whole Foods puts its turnaround plan into overdrive
The natural organic retailer reported a 2.8% loss in same-store sales for the period, and mapped out a timeline to cut costs and improve sales.
By Jeff Wells • May 11, 2017 -
Mott's sued over pesticides in 'natural' applesauce
With no clear definition of what the term means, it could be hard for Beyond Pesticides to prove the Dr Pepper Snapple brand is misleading consumers.
By Keith Loria • May 10, 2017 -
Jet freshens grocery offerings with Story pop-up shop
Jet isn’t the first retailer to partner with Story, but it's a curious move given the retailer's money-saving e-commerce model.
By Daphne Howland • May 10, 2017 -
Publix and Kroger latest to enter crowded meal kit space
The retailers join established players such as Hello Fresh and Blue Apron to produce a service used by 25% of adults in 2016.
By Keith Loria • May 10, 2017 -
Winn-Dixie parent to shutter 20 stores and consider layoffs
Southeastern Grocers has renovated stores, introduced a Hispanic-focused chain and a new loyalty card, but it hasn't been enough to stop revenues from declining.
By Keith Loria • May 10, 2017 -
Candy maker Mars gets into the party business
The manufacturer of Dove chocolates and other sweets is promoting events similar to Avon and Tupperware in cosmetics and storage containers.
By Keith Loria • May 10, 2017 -
Hy-Vee stores to carry sushi that is now 100% sustainable
The Midwestern grocer uses seafood in its fresh-made Nori Sushi bars and Hy-Vee Market Grille caught in an environmentally and socially responsible manner.
By Keith Loria • May 10, 2017 -
Amid activist pressure, Whole Foods replaces 5 board members and adds new CFO
"We understand that we need to do much more, and faster," said John Mackey, the company's CEO, during its second quarter earnings call.
By Emma Liem Beckett • May 10, 2017 -
Declining egg sales drag down Post Holdings' Q2 revenue
The 2015 bird flu outbreak continues to haunt the Michael Foods Group segment, which saw a double-digit drop in sales.
By Emma Liem Beckett • May 9, 2017 -
Firework Oreos herald the brand's social-media-driven flavor contest
The #MyOreoCreation contest encourages U.S. fans to pitch their unique varieties on Twitter and Instagram for a grand prize of $500,000.
By Caroline Macdonald • May 9, 2017 -
How grocery florists can make brides say 'I do'
A survey by the Produce Marketing Association and the Food Marketing Institute showed 44% of supermarket floral directors plan to emphasize wedding sales this year.
By Keith Loria • May 9, 2017 -
Beyond room service: New partnership expands grocery delivery to hotels
The service is being tested at Hawthorn Suites in Chicago; Philadelphia; Raleigh and Charlotte, NC; Hartford, CT; and Orlando.
By Keith Loria • May 9, 2017 -
Dean Foods posts loss in Q1 even as sales reach $2 billion
The food and beverage company recently launched a new brand and took a stake in a manufacturer of non-dairy milk and yogurt.
By Keith Loria • May 9, 2017 -
FDA gets $3M to educate consumers on GMOs
Under this campaign, consumers will learn about the environmental, nutritional, food safety, economic and humanitarian impacts of the products, which will bear a mandatory label soon.
By Keith Loria • May 9, 2017 -
Report: Grocery subscriptions can bring value to retailers
Much of the growth grocers see comes from specialized, high-value, free-from products, which can be positioned through this method.
By Keith Loria • May 9, 2017 -
Deep Dive
Why don't more food companies declare bankruptcy?
The nature and structure of companies making things to eat often provides other remedies for financial distress, analysts say.
By Keith Loria • May 9, 2017 -
PepsiCo, Mondelez turn to crowdsourcing to help find new ingredients
The food and beverage giants are looking to tap into millennials who will develop new substances that meet their values and interests.
By Keith Loria • May 9, 2017 -
Dynamic pricing is within retailers' grasp, but should they buy in?
More businesses are adopting this tactic to even out demand and deliver higher margins, but the practice risks alienating consumers.
By Jeff Wells • May 9, 2017 -
Ingles Markets earnings hit by mild winter and early Easter
The grocery chain, which is investing in new and existing stores, is facing increased competition from Publix and Lidl.
By Keith Loria • May 9, 2017 -
Soylent gains $50M in series B funding round
The polarizing meal replacement company, which has raised a total of $74.5 million since its inception, was backed by GV, Tao Capital Partners, Lerer Hippeau Ventures and Andreessen Horowitz.
By Caroline Macdonald • May 8, 2017 -
Pinnacle recalls Aunt Jemima frozen products — then discontinues them altogether
CEO Mark Clouse said the company was already planning to drop the "low-margin, non-strategic" products, but the recall sped up the decision.
By Megan Poinski • May 8, 2017