Corporate Operations: Page 299
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Nestle latest in cage-free egg pledge, announces sourcing plans in US by 2020
The U.S. was a priority for the implementation of a cage-free eggs policy. In international markets, the varied supply chains make that commitment more difficult.
By Carolyn Heneghan • Dec. 22, 2015 -
ConAgra posts Q2 profit amid company overhaul
The company is making drastic changes in order to keep up with the competition, but financial performance has been mixed.
By Carolyn Heneghan • Dec. 22, 2015 -
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 -
Lawsuit targeting Kraft allegedly manipulating wheat prices moves forward
The case has industry-wide implications as it could "greatly expand the position of what's manipulative," Michael Friedman, chief compliance officer with Trillium said.
By Carolyn Heneghan • Dec. 22, 2015 -
Mars announces Dove chocolate recall due to undeclared allergens
The contamination comes from pieces of Snickers, Milky Way, and Twix that may have been mixed into the Dove chocolates during production.
By Carolyn Heneghan • Dec. 21, 2015 -
Follow that trend: General Mills innovates product lineup
Cheerios had seen a 3% sales increase since sporting a gluten-free label, which is just one of many trends the company has embraced to make cereal and other product categories relevant again.
By Carolyn Heneghan • Dec. 21, 2015 -
Oreo Colorfilled lands Zulily partnership
Conversation rates had been double to triple the online industry standard, with online basket sizes coming in "a few times more" than in-store, even before the Zulily partnership, Mondelez told Ad Age.
By Carolyn Heneghan • Dec. 21, 2015 -
Bean to bar or not, did Mast brothers produce 'important gateway chocolate'?
Members of the artisan chocolate community and the media have questioned the brothers, their chocolate, and their backstory's authenticity.
By Carolyn Heneghan • Dec. 18, 2015 -
General Mills profit ticks up amid cost cuts — but earnings miss analyst expectations
The company increased its cost-savings goal to $500 million by 2018 but lowered its 2016 outlook.
By David Oliver • Dec. 17, 2015 -
Opinion
Looking beyond consumer trends: The supply side of millennial economics
"Your future workforce and other stakeholders will expect more openness and accountability than previous generations have," writes Sun McElderry, chief engagement officer of Framework LLC, in a guest post.
By Sun McElderry • Dec. 16, 2015 -
Craft brewers facing can shortage
The 16-ounce cans preferred by craft brewers to distinguish themselves from the 12-ounce cans used by major beer brands are in especially high demand.
By Carolyn Heneghan • Dec. 16, 2015 -
Up, up, and away: That's It fruit bars now in space thanks to proprietary technology
The fruit bars employ simple ingredients and a proprietary drying and binding process while being temperature resistant and suitable for zero-G flight, per NASA requirements.
By Carolyn Heneghan • Dec. 16, 2015 -
Nestle CEO, exec contest harassment allegations on the stand
A former food safety director brought the lawsuit against the company alleging harassment by her superiors after they ignored her concerns about product safety.
By Carolyn Heneghan • Dec. 16, 2015 -
Deep Dive
The essential holiday gift guide for the food and beverage industry
Giving the gift of food — or to those who make and market food for the masses? This guide covers a wide range of holiday suggestions.
By Carolyn Heneghan • Dec. 16, 2015 -
Mondelez CEO: I'm successfully running the company for all shareholders — without activists' help
From cost-cutting measures to marketing and product selection, investors like Nelson Peltz and Bill Ackman have made their suggestions known to CEO Irene Rosenfeld.
By Carolyn Heneghan • Dec. 16, 2015 -
May the food be with you: Manufacturers align products with upcoming 'Star Wars' film
From canned soup and cereal to candy and produce, "Star Wars" characters are lining grocery store shelves in anticipation for the film's release this week.
By Carolyn Heneghan • Dec. 16, 2015 -
General Mills reduces sodium in 7 categories, misses goal of 10
In 2010, the company set a goal to reduce sodium by 20% in 10 product categories by 2015, as compared to a 2008 baseline.
By Carolyn Heneghan • Dec. 15, 2015 -
Diageo announces departure of North America CFO Kryder
This comes as the company struggles to turn around falling sales in the region.
By Carolyn Heneghan • Dec. 15, 2015 -
Shrimp from Whole Foods, Wal-Mart linked to slavery: AP
The shrimp peeling sheds that employ enslaved workers were tied back to major Thai exporting companies, including Thai Union Group, the Associated Press alleged in a report.
By Carolyn Heneghan • Dec. 15, 2015 -
Analyst: Board must recognize Hershey requires bigger adjustments
Credit Suisse analyst Robert Moskow speculates in his latest report that big changes could be afoot for Hershey judging by recent earnings and the company pulling out of a major analyst conference.
By Carolyn Heneghan • Dec. 14, 2015 -
4 food CEOs make Fortune's Most Powerful Women list
These women have faced individual challenges within the industry but have managed to keep their companies profitable.
By Carolyn Heneghan • Dec. 14, 2015 -
Retrieved from Nestle on February 11, 2014
Nestle CEO says growth targets remain untouched, company could move from Switzerland: report
Paul Bulcke also told newspaper Neue Zuercher Zeitung that he would not automatically assume the role of chairman when the current chairman steps down in 2017.
By Carolyn Heneghan • Dec. 14, 2015 -
ADM CEO Luciano named board chairman
Luciano is assuming the role of chairman from Patricia Woertz, who was also his predecessor as the company's CEO.
By Carolyn Heneghan • Dec. 14, 2015 -
Coca-Cola president Quincey to lead through uncertain times for soda
The company is trying to improve sales growth for soda and other beverages while implementing its $3 billion cost-cutting plan.
By Carolyn Heneghan • Dec. 14, 2015 -
5 Tropicana varieties to bear non-GMO seal
The company didn't have to make changes to the products, as Tropicana Pure Premium only contains orange juice, and oranges are not genetically modified.
By Carolyn Heneghan • Dec. 11, 2015 -
ConAgra buys 3 buildings on Omaha campus for $75M: Omaha World-Herald
The purchase could give the company more flexibility in terms of usage or a sale of its current headquarters before moving HQ to Chicago.
By Carolyn Heneghan • Dec. 11, 2015