Corporate Operations: Page 302


  • Tyson announces the closure of two plants, costing 880 jobs

    This is the latest in a number of factory shutterings the company has announced since acquiring Hillshire Brands in 2014.

    By Carolyn Heneghan • Nov. 20, 2015
  • New Kellogg products embrace healthy eating, on-the-go trends

    From "wholesome" ingredients and bold flavors to grab-n-go cups, Kellogg is trying to revive its cereal and snack segment sales.

    By Carolyn Heneghan • Nov. 20, 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
  • Deep Dive

    Why ConAgra's split intensifies industry pressure for profitability

    With battle lines drawn, manufacturers like ConAgra Foods are maneuvering to keep on trend and make a profit.

    By David Oliver • Nov. 19, 2015
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    Dollar Photo Club
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    Monsanto CEO: Plan for growth to focus on data science

    The company intends to implement new crop-boosting technologies, including microbials, and expand into new markets.

    By Carolyn Heneghan • Nov. 19, 2015
  • Smucker: Sales rise thanks to Big Heart acquisition, coffee segment

    U.S. retail coffee sales for the company rose 10%, while Big Heart contributed $576.7 million in sales out of $2.08 billion total.

    By Carolyn Heneghan • Nov. 19, 2015
  • Coca-Cola hopes sparkling water can revive performance

    Its sparkling version of smartwater will debut at restaurants, hotels, and stores in New York City, Los Angeles, and Miami with expansion planned for next year.

    By Carolyn Heneghan • Nov. 19, 2015
  • Keurig: Stock soars though revenue, net income decline

    Can its new Kold machine turn sales around over the holidays?

    By Carolyn Heneghan • Nov. 19, 2015
  • Heineken to discontinue Desperados tequila-flavored beer in US

    The brand is popular globally, but the company wants to focus on its four core brands, a Heineken USA spokesperson told Ad Age.

    By Carolyn Heneghan • Nov. 19, 2015
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    Real Dietitian
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    CFI summit showcases food company transparency research, index

    Consumers hold food companies more accountable for transparency than any other food industry entity, such as farmers, grocery stores, and restaurants.

    By Carolyn Heneghan • Nov. 18, 2015
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    Fotolia
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    SEC charges several in alleged Marley Coffee pump-and-dump scheme

    The former CEO and several offshore entities were allegedly involved.

    By Carolyn Heneghan • Nov. 18, 2015
  • ConAgra Foods plans split into 2 public companies

    The split is expected to finalize next fall, with ConAgra Foods shareholders retaining shares in each company.

    By David Oliver • Nov. 18, 2015
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    Getty
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    Smithfield CEO Pope to retire, replaced by COO

    President and COO Kenneth M. Sullivan will take over as CEO at the year's end.

    By Carolyn Heneghan • Nov. 17, 2015
  • WhiteWave shakes up management, creates COO position

    Many of the changes are within the company's Americas Foods & Beverages business, which accounted for close to 70% of the company's sales as of Sept. 30. 

    By Carolyn Heneghan • Nov. 17, 2015
  • Constellation to acquire craft brewer Ballast Point for $1B

    Ballast Point's volume grew by more than 100% since last year.

    By Carolyn Heneghan • Nov. 17, 2015
  • Rye whiskey sees 536% volume growth in 5 years

    The resurgence is attributed in part to the rise of consumers' preferences for classic cocktails.

    By Carolyn Heneghan • Nov. 16, 2015
  • Gorton's Seafood commits to simpler ingredients, label

    The company's move is in line with an industry that is removing artificial ingredients and simplifying labels across the board.

    By Carolyn Heneghan • Nov. 16, 2015
  • Activist investor Daniel Loeb acquires $582M stake in Kraft Heinz

    Loeb's company Third Point also includes Anheuser-Busch InBev, Molson Coors, and Constellation Brands in the top 20 stocks in its portfolio as of Nov. 13

    By Carolyn Heneghan • Nov. 16, 2015
  • Diageo ramps up North American marketing efforts

    The company hopes to turn around weak sales in North America, its biggest market, by focusing on consumer analysis and tracking emerging trends.

    By Carolyn Heneghan • Nov. 13, 2015
  • Campbell recalls 355K cans of SpaghettiOs on possible choking hazard

    Pieces of red plastic were found in some of the cans, consumers said.

    By Carolyn Heneghan • Nov. 13, 2015
  • Technomic exec: ConAgra lacking in 'power brands'

    Slimming down its brands portfolio could make the company more agile and is in line with other changes ConAgra has announced this year.

    By Carolyn Heneghan • Nov. 13, 2015
  • Hershey debuts Kisses, milk chocolate bars without artificial flavors for the holidays

    The reformulated Kisses will also launch the SmartLabel, a new standardized tool for food company transparency.

    By Carolyn Heneghan • Nov. 13, 2015
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    Flowers Foods: Sales increase, recent acquisitions offer expansion opportunities

    The company is developing its portfolio of organic and all-natural breads through strategic acquisitions.

    By Carolyn Heneghan • Nov. 12, 2015
  • SABMiller: Profit falls 18% on currency headwinds, flat lager volumes

    To pick up the slack, the company has been expanding aggressively into the nonalcoholic beverage space. Its takeover offer from AB InBev was finalized this week.

    By Carolyn Heneghan • Nov. 12, 2015
  • Bill Ackman: Coca-Cola 'caused enormous damage to society'

    Ackman called sugar a "poison" and Coca-Cola "a company that I wouldn’t own." His company Pershing Square recently acquired a $5.5 billion stake in Mondelez.

    By Carolyn Heneghan • Nov. 12, 2015
  • UPDATE: Quality Pork Processors making corrective changes following video

    This includes barring an employee seen paddling pigs from working in the plan'ts livestock section.

    By Carolyn Heneghan • Nov. 12, 2015