Corporate Operations: Page 235
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Albertsons creates exec position for private label brands
Geoff White is the retailer's first president of Own Brands, and will oversee the development and innovation of the company’s products in lines including O Organics, Lucerne, Open Nature and Signature.
By Keith Loria • April 27, 2017 -
Retrieved from PepsiCo on October 14, 2013
PepsiCo's Q1 earnings bubble over analyst expectations
The beverage giant posted earnings of $1.32 billion, an uptick analysts say stems from cost-cutting efforts and strong snack performance.
By Emma Liem Beckett • April 26, 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 -
New products sweeten Hershey's Q1 earnings
In new CEO Michelle Buck's first earnings call, the chocolate giant reported quarterly net sales are up 2.8% over last year as innovation and cost-cutting efforts take hold.
By Megan Poinski • April 26, 2017 -
Bai boosts Dr Pepper Snapple's earnings
The beverage company's sales posted a slight increase — $1.51 billion for the quarter, compared to $1.49 billion last year — as the investment in the superfruit drink appears to be paying off.
By Keith Loria • April 26, 2017 -
Giant Eagle gets chainwide sustainability certification
All of the Midwest chain's stores have completed the course that helps them quantify and reduce their electric and water uses and waste output.
By Keith Loria • April 26, 2017 -
Eat Fit Go RTE meal store plans four-state expansion
The Omaha-based health food store, which sells healthy, pre-made fresh meals daily, will roll out new locations in Colorado, Georgia, Minnesota and Oklahoma.
By Keith Loria • April 26, 2017 -
New Austin store revamps Whole Foods 365 concept
The millennial-focused spinoff chain's first Texas location features two full-service restaurants to try to attract more shoppers.
By Keith Loria • April 26, 2017 -
Dole Food plans return to Wall Street with IPO
The company, one of the world's top banana and pineapple producers, was taken private in November 2013 by its CEO for $1.2 billion.
By Christopher Doering • April 25, 2017 -
Tyson to acquire AdvancePierre in $4.2B deal
The merger would bring the ready-to-eat sandwiches, entrees and snacks maker together with one of the leading meat producers.
By Megan Poinski • April 25, 2017 -
Supervalu reports improved Q4 earnings, beats analyst expectations
The wholesale retailer had earnings of $2.91 billion for the quarter, up 0.6% from the year-ago period, and a profit of $0.13 EPS.
By Keith Loria • April 25, 2017 -
Another Mondelez exec is leaving: CMO announces her departure
Dana Anderson marks the third high-level exit in the last two months — not counting the search to find a replacement for CEO Irene Rosenfeld.
By Keith Loria • April 25, 2017 -
Wal-Mart debuts the 'Crotilla,' an exclusive croissant-tortilla mashup
The pastry hybrid, which can be used for breakfast sandwiches, pizzas or desserts, is generating a lot of buzz on social media — but will it draw shoppers to stores?
By Keith Loria • April 25, 2017 -
Deep DiveWhy mega-mergers alone won't solve the food industry's growth problems
Struggling for growth, major food brands like Coca-Cola, General Mills and Campbell Soup have recently been touted in M&A rumors. But deal making won't address the underlying challenges.
By Christopher Doering • April 25, 2017 -
Albertsons is the latest suitor potentially interested in buying Whole Foods
The grocery retailer is in preliminary talks with its bankers about acquiring Whole Foods, according to anonymous sources interviewed by the Financial Times.
By Jeff Wells • April 25, 2017 -
Fresh Market to shutter five stores and introduce new format to other outlets
The announcement comes about a year after the specialty grocer said it would close 18 locations, including all of its operations in Texas, Iowa, Missouri and Kansas.
By Keith Loria • April 25, 2017 -
Coca-Cola to escalate cost cuts as earnings fizzle
The report comes as James Quincey takes over as CEO next week with a promise to remake the iconic soda maker into "a total beverage company."
By Christopher Doering • April 25, 2017 -
Analyst: Latino grocery stores likely to see more deals
As the Hispanic population grows and cultural pride increases, grocery retailers may cater to this sought-after demographic.
By Keith Loria • April 24, 2017 -
Deep Dive
A Balancing Act: Does getting acquired tarnish the health halo of better-for-you brands?
As major manufacturers add smaller brands to their portfolios, they can either use them to boost their potential or contribute to their demise.
By Keith Loria • April 24, 2017 -
GoPuff delivery service expands market, puts pressure on brick-and-mortar stores
The company's array of grocery, electronic and office supply products, which are delivered in 30 minutes or fewer, are now available in the Atlanta area.
By Keith Loria • April 24, 2017 -
Swedish Chef professes love for cooking spray PAM in new ads
The Muppet favorite is no stranger to television commercials after appearing in spots for Bounty five years ago.
By Keith Loria • April 24, 2017 -
Danone looks to WhiteWave to boost sales as yogurt slips
The company intends to create a new division, dubbed DanoneWave, to include the newly acquired and fresh dairy products businesses.
By Caroline Macdonald • April 21, 2017 -
Wal-Mart is slashing prices and deepening deflation woes for retailers
The move by the world’s largest retailer is cutting its own profits but growing its market share, putting pressure on Kroger, Target and others.
By Jeff Wells • April 21, 2017 -
D's Naturals gets new CEO with General Mills lineage
301 INC, the business development and venture capital unit of the food manufacturing giant, recently invested in the maker of low sugar plant-based No Cow protein bars.
By Keith Loria • April 21, 2017 -
Kellogg sees the future with cost-cutting VR store simulations
The company uses a cloud-based virtual store to boost sales, increase efficiencies and show managers what branded displays will look like in each retailer's format.
By Keith Loria • April 21, 2017 -
Analyst: Kroger takeover of Whole Foods makes sense
A merger between the two grocery companies comes amid rumors of an Albertsons - Sprouts deal.
By Keith Loria • April 21, 2017
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