Corporate Operations: Page 335
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Albertsons and Safeway to sell 168 stores
The sale is pending Federal Trade Commission approval.
By David Oliver • Dec. 19, 2014 -
Friday Flavors: Pig fat cream and 'nut rage'
Every Friday we bring you some interesting reads in the food sphere from the past five days.
By David Oliver • Dec. 19, 2014 -
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
Food Dive's most popular industry stories of 2014
Out of all the stories we published in 2014, what did you click on most?
By David Oliver • Dec. 19, 2014 -
Hawaii County Council votes to appeal GMO ruling
The 5-4 vote highlights how close the split is over engineered food in Hawaii.
By Paul Conley • Dec. 19, 2014 -
ConAgra sales drop again as private-label unit continues to stumble
The packaged foods giant reported disappointing earnings and lay the blame, again, on difficulties arising from its purchase of Ralcorp.
By Paul Conley • Dec. 19, 2014 -
Bumble Bee sold to rival Thai Union for $1.5B
The sale gives Thai Union control of two of the three largest tuna brands in the U.S.
By Paul Conley • Dec. 19, 2014 -
Syngenta drops lawsuit against Bunge in GMO corn dispute
The move comes as speculation builds that China will open its borders to imports of Syngenta's Viptera strain, which it reportedly has now approved.
By Paul Conley • Dec. 18, 2014 -
Clemens Food Group to build pork plant in Michigan
The $255.7 million plant is expected to add more than 800 jobs to the region.
By Paul Conley • Dec. 18, 2014 -
Diageo says US sales worse than expected
Shares in the maker of brands such as Ciroc, Johnnie Walker, and Smirnoff fell 2% on the news.
By Paul Conley • Dec. 18, 2014 -
USDA
Cuba deal could be good news for US agriculture
The diplomatic shift opens the way for the return of the two-way food traffic that once dominated trade between the two nations.
By Paul Conley • Dec. 18, 2014 -
Deep Dive
Four new CEOs with their work cut out for them in 2015
It's good to be the boss - unless, perhaps, you're at the helm of a company facing tremendous challenges.
By Paul Conley • Dec. 17, 2014 -
General Mills eyes 37% profit dip
General Mills' fiscal second quarter report is out, and there's a steep decline in profit.
By David Oliver • Dec. 17, 2014 -
China approves Syngenta's Viptera corn, reports say
There's no official word from the company or regulators, but Bloomberg and Agri-Pulse say imports have been approved.
By Paul Conley • Dec. 17, 2014 -
Mondelez-Master Blenders merger faces in-depth investigation by EU
Government regulators issued a statement expressing concerns the merger poses a threat to competition.
By Paul Conley • Dec. 16, 2014 -
USDA
Is China lifting ban on GMO corn strand?
The Chinese government says the Ministry of Agriculture is approving removal of the imports ban, according to unnamed sources cited by Bloomberg.
By Paul Conley • Dec. 16, 2014 -
Olam purchases ADM's cocoa business for $1.3 billion
The deal catapults Olam into the top three of the world's processors of cocoa beans.
By Paul Conley • Dec. 16, 2014 -
Coca-Cola shareholder wants CEO replaced, as beverage giant warns on earnings
Wintergreen Advisers is requesting the replacement of Muhtar Kent.
By Paul Conley • Dec. 16, 2014 -
Market Basket CEO returns, gives bonuses to loyal workers
Arthur T. Demoulas has completed his takeover of the supermarket chain that ousted him earlier this year, and employees have many reasons to celebrate.
By Paul Conley • Dec. 15, 2014 -
SABMiller, Coca-Cola announce CEO for Coca-Cola Beverages Africa
SABMiller and Coca-Cola's combined African bottling unit now has someone at the helm.
By David Oliver • Dec. 12, 2014 -
Mexico launches anti-dumping investigation of US apples
U.S. growers have up to Jan. 16 to respond to the probe by their largest export market.
By Paul Conley • Dec. 12, 2014 -
PepsiCo slashing jobs in Chicago
The job cuts are reportedly centered at the Chicago operations that oversee the Quaker Oats, Gatorade, and Tropicana brands.
By Paul Conley • Dec. 12, 2014 -
Danone won't sell medical nutrition unit after all
The dairy giant said Friday it would not be selling the business, according to a report from Reuters.
By Paul Conley • Dec. 12, 2014 -
Report: Sysco to sell $5 billion in assets to win regulatory OK for US Foods merger
Such a sale would be twice the size of the divestiture originally anticipated by Sysco.
By Paul Conley • Dec. 12, 2014 -
USDA expects record agricultural imports in fiscal 2015
The federal agency says overall exports are falling, but fresh fruit and vegetable exports are growing.
By Paul Conley • Dec. 11, 2014 -
Wal-Mart names small-format advocate as new COO
The world's largest retailer has promoted Judith McKenna to chief operating officer, as the company continues to adjust to changing shopping habits.
By Paul Conley • Dec. 11, 2014
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