Corporate Operations: Page 276
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Hershey Trust's settlement with PA attorney general makes future questionable
Per the terms of the agreement, three of the trust's board members will resign by the end of the year, according to sources familiar with the matter.
By Carolyn Heneghan • July 25, 2016 -
A decade later, 200 salmonella outbreak victims may see restitution
The people claim to have been sickened in ConAgra's Peter Pan and Great Value peanut butter brand contamination in the 2006-2007.
By Carolyn Heneghan • July 22, 2016 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Credit Suisse: Mondelez bid created 'new sense of urgency' at Hershey
While company management is under "sufficient pressure," it has several options besides an outright sale, analyst Robert Moskow wrote in a report this week.
By Carolyn Heneghan • July 22, 2016 -
Campbell's new initiatives reflect commitment to 'real food'
Specific announcements revolved around ingredients changes, product innovations, focused investments and growth in developing and digital markets.
By Carolyn Heneghan • July 22, 2016 -
General Mills to restructure plants globally as growth strategy takes shape
More than 1,400 jobs are impacted as the company moves to sell or close five plants worldwide.
By Carolyn Heneghan • July 22, 2016 -
Courtesy of General Mills
Reformulated Trix: Still for kids, but missing blue and green
Colors "make breakfast fun for kids," but finding natural sources for colors often means balancing the "off flavors" that can come with them, said General Mills Technology Director Erika Smith.
By Carolyn Heneghan • July 21, 2016 -
Retrieved from Chobani on July 20, 2016
Chobani launches open call for applications for new food incubator
"Regardless of the specific product, we want food entrepreneurs who share our vision for Delicious, Nutritious, Natural and Accessible (DNNA) food to apply," Vice President of Corporate Communications Michael Gonda said.
By Carolyn Heneghan • July 20, 2016 -
USDA's Vilsack could be Clinton's running mate
The Agriculture Secretary is a well-liked former governor of Iowa, a key swing state, and has a personal relationship with Clinton that dates back decades before they served on President Obama's cabinet together.
By Carolyn Heneghan • July 20, 2016 -
ConAgra expands recall to almost 200K pounds of P.F. Chang's frozen entrees
An employee found metal fragments in the sugar used for the products' sauce.
By Carolyn Heneghan • July 18, 2016 -
CDC ends CRF Frozen Foods investigation, but listeria threat continues
People who do not know about the recalls could still have contaminated products in their freezer and may become ill if they eat them in the future.
By Carolyn Heneghan • July 18, 2016 -
How hidden costs of cage-free eggs can impact the supply chain
The popular systems may create their own set of issues for manufacturers, from increased costs to higher risks for hen and worker safety.
By Carolyn Heneghan • July 18, 2016 -
ConAgra appoints new CFO with health and food industry experience
David Marberger's appointment could show that as ConAgra continues its pursuit to become more focused on consumer brands, healthy products may play a larger role in its portfolio.
By Carolyn Heneghan • July 15, 2016 -
General Mills plans to get its yogurt on trend
The company plans to "renovate" 60% of its yogurt business within the next year, President and COO Jeff Harmening said at an investor day presentation.
By Carolyn Heneghan • July 15, 2016 -
AB InBev sees a strong market for weak beer
The company predicts low- and nonalcoholic beer to comprise a fifth of its sales by the end of 2025.
By Carolyn Heneghan • July 14, 2016 -
Applegate pushes for no GMOs throughout its supply chain
This commitment includes using animal feed that does not contain genetically-modified ingredients, which could be challenging.
By Carolyn Heneghan • July 14, 2016 -
Smithfield debuts ingredient glossary, but will it resolve transparency concerns?
Ingredients are only one of many concerns that consumers have regarding the meat industry.
By Carolyn Heneghan • July 14, 2016 -
ConAgra pushes forward with Lamb Weston spin-off, announces CEO, chairman
Now that the company has significantly trimmed down its business model, the pressure is on to turn around its consumer brands portfolio.
By Carolyn Heneghan • July 13, 2016 -
What Kashi's new brand identity means for Kellogg
If this rebranding works after years of frustrating sales, other cereal manufacturers may be able to use some of these strategies to lure consumers back.
By Carolyn Heneghan • July 13, 2016 -
Kellogg aims for 'halo effect' by placing cereal in the produce section
This move could generate backlash from health-conscious consumers — or start a rush to crowd the grocery store's perimeter with cereal.
By Carolyn Heneghan • July 12, 2016 -
Millennial interests continue to drive $5.7B food startup investment industry
Millennials are expected to account for more than 75% of growth for food and beverage over the next decade, according to a 2015 Goldman Sachs report.
By Carolyn Heneghan • July 11, 2016 -
Deep Dive
A Balancing Act: The present and future of VC investments
"It's looking at general market dynamics and the category ... consumer demand and what we call 'sustainable shifts in consumer behavior' rather than 'fads,'" said AccelFoods co-founder and managing partner Lauren Jupiter.
By Carolyn Heneghan • July 11, 2016 -
General Mills flour recall expands overseas, to other products
As the recall expands, the reach of its damage continues to grow.
By Carolyn Heneghan • July 11, 2016 -
Deep Dive
6 takeaways from the Danone-WhiteWave takeover deal
The implications of this deal stretch beyond the two companies themselves and well into fast-growing niche categories that both Danone and WhiteWave now lead.
By Carolyn Heneghan • July 8, 2016 -
PepsiCo raises profit outlook after cutting costs, posting growth in North American units
While the company continues to struggle against currency headwinds and in markets overseas, its North American business units posted growth thanks to new products and price increases.
By Carolyn Heneghan • July 7, 2016 -
Danone to acquire WhiteWave for $12.5B
WhiteWave has seen double-digit growth across many of its brands and business segments, and analysts have long speculated it could be a takeover target for larger food companies.
By Carolyn Heneghan • July 7, 2016
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