Corporate Operations: Page 301
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Coca-Cola-backed nonprofit ceasing operations
The Global Energy Balance Network's announcement comes amid controversy regarding its relationship with the beverage giant.
By David Oliver • Dec. 1, 2015 -
McCormick names COO Kurzius as new CEO, replaces Wilson
Kurzius will lead the company as it's transitioning much of its portfolio to organic and non-GMO.
By Carolyn Heneghan • Dec. 1, 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 -
Kind calls for FDA to revamp definition of 'healthy' foods
Earlier this year, the FDA requested Kind remove the word "healthy" from some of its snack bars' labels.
By Carolyn Heneghan • Dec. 1, 2015 -
AB InBev takeover bid subject of upcoming Senate hearing
AB InBev already announced the planned divestiture of SABMiller's stake in MillerCoors to appease U.S. regulators.
By Carolyn Heneghan • Nov. 30, 2015 -
Cannabis coffee brand capitalizes on cold brew, marijuana growth
Mirth Provisions' Legal coffee brand has generated nearly $440K since its September 2014 launch.
By Carolyn Heneghan • Nov. 30, 2015 -
Deep Dive
The future is now: The critical food industry trends heading into 2016
It's time to start looking ahead to trends that will influence food and beverage in the new year — both emerging and established.
By Carolyn Heneghan • Nov. 30, 2015 -
Former peanut exec Stewart Parnell requests to be released on appeal bond
Parnell's appeal states that he is not a flight risk and that lab testing may have been mishandled.
By Carolyn Heneghan • Nov. 30, 2015 -
Reports: AB InBev prepping SABMiller's Grolsch, Peroni sales
The company aims to appease European regulators with the planned divestiture.
By Carolyn Heneghan • Nov. 30, 2015 -
UPDATE: Celery recall increases to 16 states
Taylor Farms had previously recalled several products that contained celery, according to the CDC.
By Carolyn Heneghan • Nov. 30, 2015 -
Hershey releases seasonal Reese's Peanut Butter Trees — that don't look like trees
Despite the candy's misshapen appearance, consumers will likely still eat it.
By Carolyn Heneghan • Nov. 30, 2015 -
Coca-Cola releases festive 'Share a Coke' packaging for the holidays
The company is choosing new packaging over new airtime.
By Carolyn Heneghan • Nov. 25, 2015 -
Daisy Sour Cream: New flexible squeeze pouch reduces waste, maintains freshness
... and taco lovers rejoice.
By Carolyn Heneghan • Nov. 25, 2015 -
General Mills sets 2025 deadline for cage-free egg policy
The company initially made the announcement in July but didn't give a timeline.
By Carolyn Heneghan • Nov. 25, 2015 -
Despite decline, analyst predicts cereal industry comeback
The cereal industry has seen "consistent sequential improvements," according to Credit Suisse analyst Robert Moskow.
By Carolyn Heneghan • Nov. 25, 2015 -
Emails reveal relationship between Coca-Cola, GEBN: AP
Coca-Cola's involvement with the nonprofit is substantial, according to the Associated Press.
By Carolyn Heneghan • Nov. 24, 2015 -
Pinnacle Foods to buy Boulder Brands in $975M deal
M&A has been rampant across the industry this year, especially in the health and wellness category.
By David Oliver • Nov. 24, 2015 -
Campbell posts decreased sales, higher-than-estimated profit
The company's two traditional processed foods segments saw sales declines, while Campbell Fresh increased sales by 8%.
By Carolyn Heneghan • Nov. 24, 2015 -
Hormel: Operating profit up, sales mixed
Jennie-O's negative impact from the bird flu was partially offset by strong operating profit and volume in other segments.
By Carolyn Heneghan • Nov. 24, 2015 -
Nestle: Thai seafood suppliers engaged in labor abuse
The laborers were forced to work on fishing vessels and at ports, mills, and seafood farms in Thailand in an attempt to repay job broker fees, which were usually higher than their wages, according to findings.
By Carolyn Heneghan • Nov. 23, 2015 -
Cognac producers make US push
Retail cognac sales in the U.S. are predicted to rise 9% from last year to $5.2 billion, according to Euromonitor.
By Carolyn Heneghan • Nov. 23, 2015 -
Tyson rides the success of Hillshire acquisition, but profit misses estimates on beef price dip
Quarterly revenue benefited from strong demand for chicken and an increase in sales for the prepared foods segment thanks to the 2014 Hillshire acquisition.
By Carolyn Heneghan • Nov. 23, 2015 -
Coca-Cola exec: Mini-cans to 'reinvent' the soda business
As soda volumes decline, the company is able to charge more by the ounce for transaction packages, which include mini-cans and mini-bottles.
By Carolyn Heneghan • Nov. 23, 2015 -
Kraft Heinz must slash more jobs to impress investors: analyst
"Kraft needs to get smaller before it can begin to capitalize on its scale," wrote Credit Suisse analyst Robert Moskow.
By Carolyn Heneghan • Nov. 22, 2015 -
Coke CEO has a 'golden triangle' plan for a feminist boost
“Women have a better feeling, a better immersion, a better ideation on how to create positive balance between social and economic values," Muhtar Kent said.
By Carolyn Heneghan • Nov. 20, 2015 -
Cargill consolidates upper management teams
The move will eliminate the Cargill Leadership Team and a second-tier corporate leadership team comprised of about two dozen executives.
By Carolyn Heneghan • Nov. 20, 2015