Corporate Operations: Page 281
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Coca-Cola, Dr Pepper Snapple earnings show different faces of soda industry
Coca-Cola reported a 5% decline in revenue, while DPS saw a 2% increase — though both companies are pursuing non-carbonated beverage expansion.
By Carolyn Heneghan • July 27, 2016 -
As British pound value falls, AB InBev increases SABMiller bid
Even by raising its offer by one pound per share, the new total value for the deal, worth almost $104 billion, is still below the offer's original $108 billion value in pre-Brexit exchange rates in November.
By Carolyn Heneghan • July 27, 2016 -
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 -
Ranking shows dairy industry in transition
Movements in currency and plant-based dairy alternatives may be to blame for the drop worldwide.
By Carolyn Heneghan • July 26, 2016 -
The votes are in: Brands give consumers a voice in product flavor decisions
Letting consumers vote on flavors has two key benefits for manufacturers: increased consumer engagement and streamlining product development.
By Carolyn Heneghan • July 26, 2016 -
General Mills expands flour recall after illness reports continue
It's unclear whether this is isolated to General Mills' brands or if it impacts the entire flour industry, the news release said.
By Carolyn Heneghan • July 26, 2016 -
Hostess's success shows factory workers' vulnerabilty
From automation to increased imports, food and beverage manufacturing employees may find their jobs at risk.
By Carolyn Heneghan • July 26, 2016 -
Deep Dive
A Balancing Act: Why experts say food and beverage M&A is not in a downturn
In Q1 2016, deal values were down a whopping 93.9% year over year at only $4.1 billion, the lowest value for this sector since Q1 2009, according to a Mergermarket report.
By Carolyn Heneghan • July 25, 2016 -
A secret of Hormel's success: Staying true to its origin
As the multi-billion dollar company prepares to mark its 125th anniversary, its close ties to the small Minnesota town where it started are honored.
By Carolyn Heneghan • July 25, 2016 -
Kellogg could realign priorities as competitors shift focus
Even if the company pivots toward a more rigorous cost-cutting approach, recent moves suggest that top-line growth is still critical.
By Carolyn Heneghan • July 25, 2016 -
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 -
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
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