Corporate Operations: Page 238
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Activist investors acquire a stake in Whole Foods. Could a sale be next?
With its 8.3% stake, Jana Partners seeks to reassess the organic retailer and its “chronic underperformance for shareholders.”
By Jeff Wells • April 11, 2017 -
Deep Dive
Q&A: Land O'Lakes tries to moo-ve beyond butter
The company best known for its spreads has a lot more going on, COO Beth Ford tells Food Dive.
By Keith Loria • April 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 -
Can General Mills turn around its 'negative' rating from Fitch?
The ratings agency downgraded the outlook for the manufacturer, seeing challenges ahead for its ability to stabilize revenues.
By Keith Loria • April 11, 2017 -
Surf's up: Ocean Spray hopes new drinks catch a wave
The maker of juices and snacks has introduced a trio of premium non-alcohol drinks made with real fruit juice.
By Keith Loria • April 11, 2017 -
Bob Nichols. (2013). "20130822-OC-RBN-2946" [photograph]. Retrieved from Flickr.
Major chicken producers fly the coop on antibiotics use
Last week, KFC became the latest restaurant chain to announce it would stop using birds raised with medicines important to human medicine.
By Keith Loria • April 11, 2017 -
How retailers can reduce food waste
"Ugly produce" discounts and smaller displays are just a couple of ways to cut back on the nearly 1.3 billion tons of food wasted each year.
By Keith Loria • April 11, 2017 -
Fresh Express recalls salads after consumer finds dead bat inside product
The bagged produce, which is sold in eight Wal-Mart stores in the southern U.S., is being investigated by the Federal Centers for Disease Control and Prevention.
By Keith Loria • April 10, 2017 -
Report: Mondelez prepares to replace longtime CEO Irene Rosenfeld
The 63-year-old has led the company since it split from what was then Kraft Foods in 2012, and said in February that she had no current plans to step down.
By Emma Liem Beckett • April 10, 2017 -
Why Meijer is hitting the festival circuit this summer
The grocery chain will be the "Official Food Retailer" of the Big Bite Tour, a series of the nation's biggest food and barbecue celebrations.
By Keith Loria • April 10, 2017 -
Sam's Club embraces e-commerce with online samples
The club store is sending Easter-themed tote bags filled with new products and a free hot dog voucher to shoppers who make digital purchases through April 30.
By Keith Loria • April 10, 2017 -
Brewery salutes Cap'n Crunch with new cereal-infused beer
Slumbrew has created a hybrid that’s made with berries from the popular breakfast food.
By Keith Loria • April 10, 2017 -
Will Costco's resistance to online shopping be a liability?
The warehouse store is focused on bringing people into its stores for what it sees as a more profitable — and fun — "treasure hunt" experience.
By Doug Harris • April 7, 2017 -
Will H-E-B smoke competitors with new BBQ drive-thru?
The retailer's 118,000 square-foot store will also include curbside grocery pickup, a filling station and a car wash.
By Doug Harris • April 7, 2017 -
Nestle CEO says 'radical cost-cutting' could backfire for food and beverage companies
Ulf Mark Schneider says this short-term approach could backfire, undermining the ability of the business to grow in the future.
By Keith Loria • April 7, 2017 -
Opinion
Preparing the market for the Easter bunny's chocolate rush
Market volatility for cocoa and other commodities can wreak havoc on food manufacturers, but Matt Bennett from PROS writes there are things they can do to minimize the impact.
By Matt Bennett • April 7, 2017 -
New premium Mtn Dew drinks will be launched at Coachella
The Label Series features herbal and citrus bitters and comes in citrus-flavored White Label and apple-kiwi Green Label, following the successful launch of dark berry Black Label last year.
By Keith Loria • April 7, 2017 -
Who could devour Unilever's spreads and margarine business?
The food and consumer products giant, which turned down a takeover offer from Kraft Heinz in February, is struggling with changing consumer tastes.
By Keith Loria • April 7, 2017 -
Instacart's VP of operations leaves after just over a year with the company
Mike Swartz’s departure is another sign of instability for the e-commerce grocery delivery provider.
By Jeff Wells • April 7, 2017 -
Does 7-Eleven's purchase of more than 1,000 gas stations threaten grocery stores?
The Japanese company that owns the convenience chain just agreed on a $3.3 billion deal for Sunoco stations — likely for the foodservice opportunities.
By Jeff Wells • April 7, 2017 -
IRI's top 10 new products show consumers are OK with small
About 80% of the top-ranking brands were from small- and mid-sized- manufacturers, representing 64% of all sales.
By Keith Loria • April 6, 2017 -
Aldi's remodels set up a direct challenge to Lidl
The established-in-the-U.S. store is starting remodeling and expanding stores close to where the new chain will be, a preemptive strike against a company it knows well.
By Doug Harris • April 6, 2017 -
Frozen spud supplier Lamb Weston posts earnings and sales growth
The company has posted strong growth since it was spun off by food products manufacturer Conagra last November.
By Keith Loria • April 6, 2017 -
Sprouts growing with 32 new stores in 2017
The expansion comes as the natural and organic foods retailer is rumored to be a takeover target of Albertsons.
By Keith Loria • April 6, 2017 -
Constellation shines after earnings beat and strong outlook
The alcohol distributor posted higher fourth-quarter earnings despite investor concern about potential tariffs on Mexican imports.
By Emma Liem Beckett • April 6, 2017 -
Can grocery stores provide relief for US food deserts?
An Ohio program offers funding to establishments opening or in need of remodeling in unserved areas across the country.
By Jeff Wells • April 6, 2017
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