Corporate Operations: Page 246
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Wal-Mart takes aim at Kroger with price cuts
The rollbacks from the grocery giant could pressure other retailers to respond, squeezing profits.
By Doug Harris • Feb. 24, 2017 -
B&G Foods posts strong sales, earnings growth in 2016
The manufacturer has aggressively acquired and turned around brands like Green Giant.
By Keith Loria • Feb. 24, 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 -
Naked Juice gets new labels in court settlement
PepsiCo's premium juice brand will have imagery that better depicts what is inside the bottle, clearer ingredient text and a warning that it is not a low-calorie food.
By Keith Loria • Feb. 24, 2017 -
Mondelez e-commerce efforts pay off with 35% jump in sales
The manufacturer is working to leverage this retail channel along with Oreo, belVita and Milka "power brands."
By Keith Loria • Feb. 24, 2017 -
USDA
Whey to go! Hi-Tech Pharmaceuticals moves into old Dean Foods dairy processing plant
The company will transform whey into "value-added" byproducts, benefiting local farmers and bolstering an economically struggling area.
By Doug Harris • Feb. 23, 2017 -
Sweegen sees potential markets with stevia
The sweetener is being tested by food, beverage and other companies, but is not being sold to consumers.
By Keith Loria • Feb. 23, 2017 -
Hormel culls profit forecast as pricing pressure hits Jennie-O unit
The meat and snacks manufacturer expects to earn $1.65 to $1.71 per share for the year, down from previous forecast of $1.68 to $1.74.
By Christopher Doering • Feb. 23, 2017 -
Sprouts Farmers Market reports healthy sales growth, continues stock buyback
In contrast with other natural grocers' more disappointing earnings, the retailer saw sales increase 14% in Q4.
By Megan Poinski • Feb. 23, 2017 -
Pinnacle Foods Q4 revenue exceeds industry expectations
The company's acquisition of Boulder Brands and strong performance from Birds Eye branded frozen products helped growth revenue to $858.5 million for the period.
By Emma Liem Beckett • Feb. 23, 2017 -
Wegmans-Costco spat highlights bitter price disputes between retailers
Clashes over cost claims are not uncommon in an industry where margins are razor thin and competitors keep a close eye on each other.
By Jeff Wells • Feb. 23, 2017 -
USDA
Sanderson Farms' Q1 profit takes flight
Dark meat products helped the company's big numbers, which weren't hampered by the death of the controversial Georgia Dock pricing index.
By Keith Loria • Feb. 23, 2017 -
USDA
Tyson to cut antibiotics from branded chicken breasts, nuggets and wings
Transitioning away from medicines is expensive, but drug-free poultry can be sold for 20% more — giving the company more bang for their cluck.
By Emma Liem Beckett • Feb. 22, 2017 -
Label Insight announces partnerships with Albertsons, Conagra and others
Working with more leading retail and manufacturing organizations highlights the continued movement of the industry toward greater transparency.
By Keith Loria • Feb. 22, 2017 -
Mondelez develops its own trendy new brand
Instead of following the M&A trend to acquire a cracker that appeals to millennials, the international manufacturer is making its own.
By Keith Loria • Feb. 22, 2017 -
Live longer without GMOs? Earth Fare removes them from private label products
The natural products retailer believes that shoppers will see its more than 500 private label food products without the ingredients as healthier.
By Keith Loria • Feb. 22, 2017 -
Fortune's most admired groceries focus on price, fairness and service
Stores on the magazine's list represent different formats but have the same guiding principle of service to the shopper.
By Doug Harris • Feb. 22, 2017 -
Health and sustainability initiatives put food companies atop Fortune's most admired list
Fortune released a list of industry rankings for consumer food products and food manufacturers.
By Keith Loria • Feb. 22, 2017 -
General Mills focusing on ice cream, snack bars, organics and Mexican food
The manufacturer has identified those four areas as places with opportunity to grow as traditional yogurt and cereal sales stay slow.
By Keith Loria • Feb. 22, 2017 -
Hostess sees more sweet growth ahead
The formerly bankrupt indulgent snack manufacturer expects to finish the decade with more exponential gains.
By Keith Loria • Feb. 22, 2017 -
Deep Dive
Are job cuts the future of the food manufacturing industry?
Kellogg announced about 2,000 jobs could be lost through its new distribution strategy, but it's just the latest manufacturer to make this kind of a change.
By Keith Loria • Feb. 21, 2017 -
Will Kraft Heinz's unsuccessful dealmaking with Unilever inspire future M&A?
The $143 billion bid, which was withdrawn on Monday, may be inspiration for CPG companies to merge — or more cross-category dealmaking.
By Keith Loria • Feb. 21, 2017 -
Listeria fears — but no illness — lead to 130 more cheese product recalls
Some shredded and sliced Sargento cheeses lead the list of potentially contaminated products from Deutsch Kase Haus LLC.
By Keith Loria • Feb. 21, 2017 -
Mondelez-sponsored SmartLabel app gives shoppers increased transparency
The company's new app will make in-store, on-the-spot access to detailed product information for more than 1,100 U.S. products accessible from smartphones.
By Keith Loria • Feb. 21, 2017 -
How supermarket deflation can actually help business
Retailers can take advantage of low prices to bring in more shoppers, yielding higher volumes and gross profits.
By Keith Loria • Feb. 21, 2017 -
Kroger: Online shopping is creating new jobs
The Clicklist service is adding 25 to 35 workers per store, though most of those jobs are part time.
By Jeff Wells • Feb. 21, 2017
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