Corporate Operations: Page 250
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Albertsons drops its pursuit of Price Chopper
Now that the larger chain has backed away from the rumored takeover, what's next for the smaller store?
By Keith Loria • Jan. 25, 2017 -
McCormick sees record sales performance
Cash flow from the seasoning company's operations increased 12% to a record $658 million.
By Keith Loria • Jan. 25, 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 -
Albertsons taps former Disney exec to lead e-commerce group
Will the e-commerce expert bring magic to the grocery chain's online business?
By Keith Loria • Jan. 25, 2017 -
Bob Evans sells its restaurant business to focus on food products
Golden Gate Capital will acquire the food service company for $565 million by the end of fiscal 2017.
By Keith Loria • Jan. 25, 2017 -
Food-X names 8 start-ups for its fifth cohort
Each company will receive $50,000 in an effort to change the culture of the food or beverage space.
By Keith Loria • Jan. 24, 2017 -
From grocery bagger to exec: Brett Wing named president of ShopRite
Wing brings nearly four decades of experience to his new role and is a known advocate for employees.
By Keith Loria • Jan. 24, 2017 -
Why Kroger is hiring 10,000 more workers
Expansion is nothing new for the grocery chain, which grew by more than 12,000 employees last year and has created more than 86,000 new jobs since 2008.
By Keith Loria • Jan. 24, 2017 -
How will Kroger's interactive shelf technology improve the in-store experience?
The grocery chain outfitted 14 stores with technology to track customers and send information and recommendations to their mobile devices.
By Jeff Wells • Jan. 24, 2017 -
New Save-A-Lot owner halts western expansion
The discount retailer will close nine stores in Southern California and four in Nevada as part of an effort to focus on its core markets.
By Jeff Wells • Jan. 23, 2017 -
Campbell ventures into the egg-less mayo space
The Bolthouse Farms brand developed Maio, a line of refrigerated yogurt-based spreads, for vegans and health-conscious consumers.
By Keith Loria • Jan. 23, 2017 -
What Hain Celestial's strategic alliance in India means for the future
The joint venture aims to market and distribute brands including Terra, Garden of Eatin', Sensible Portions, Dream and Earth's Best.
By Keith Loria • Jan. 23, 2017 -
Survey: Food companies are mixed on Trump's potential impact
A lot will depend on the specific plans and policies of USDA nominee Sonny Perdue.
By Keith Loria • Jan. 23, 2017 -
Why Albertson's deflated sales are no cause for alarm
Slumping commodity prices are most likely what's behind the negative figures.
By Keith Loria • Jan. 23, 2017 -
Global food and beverage brands have a FReSH take on sustainability
Kellogg, PepsiCo, Nestle and more have joined forces to create the Food Reform for Sustainability and Health Program to promote change in global food systems.
By Keith Loria • Jan. 23, 2017 -
Hershey recreates the grocery store with futuristic Medley
The concept model, which brings together personalization and sci-fi convenience, is on display at the chocolate company's innovation center.
By Keith Loria • Jan. 20, 2017 -
Why Roquette is betting big on pea protein
The company is investing more than $303 million to build a manufacturing site in Canada.
By Keith Loria • Jan. 20, 2017 -
Whole Foods seeks to streamline, closing 3 food prep sites
The natural and organic retailer will close facilities in Massachusetts, Maryland and Georgia as part of its plan to cut yearly expenses by $300 million.
By Jeff Wells • Jan. 20, 2017 -
Kellogg cutting 250 jobs in the name of cost savings
Few specifics are known about the cuts, which come after the company posted a 42% increase in profits and 2.2% drop in sales in its most recent earnings report.
By Keith Loria • Jan. 20, 2017 -
Ahold Delhaize sales slump with food price deflation
Lower commodity prices cut into domestic sales growth, but the company's international divisions showed strong returns.
By Jeff Wells • Jan. 20, 2017 -
Investors go bananas for Barnana with $5.3M in funding
The healthy snack maker uses ugly fruit to keep costs low and promote sustainability.
By Keith Loria • Jan. 19, 2017 -
Hy-Vee gives ugly produce some love
The Midwestern chain is adding Robinson Fresh's Misfit line to its stores and will sell it for discount prices.
By Keith Loria • Jan. 19, 2017 -
McCormick named top sustainable food company
Its strategy could be a viable model for producers looking to reduce their environmental impact.
By Keith Loria • Jan. 19, 2017 -
Lidl plans NJ stores in areas primed for discount shopping
The South Jersey area is perfect territory for anyone willing to invest in a market with wide name recognition and a reputation for door-busting low prices.
By Doug Harris • Jan. 19, 2017 -
Through VC arm, General Mills bets veggie chips startup can't be beet
While the company's own sales have fallen over the last year, it hopes to revive growth through investments in promising food startups.
By Megan Poinski • Jan. 18, 2017 -
Retrieved from Kraft Heinz on January 17, 2017
New Kraft Heinz frozen snacks get cheesy with Velveeta
Cheesy bites and grilled cheese pockets are two of the large manufacturer's new food innovations.
By Keith Loria • Jan. 17, 2017