Corporate Operations: Page 336
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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 -
Trident Seafoods buys Western Alaska Fisheries
The deal comes as Trident prepares to open a new plant in Georgia.
By Paul Conley • Dec. 11, 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 -
Cargill considers a stand-alone bid for Nutreco
An earlier joint bid from the agribusiness giant and a private equity firm was rejected by the Dutch company.
By Paul Conley • Dec. 11, 2014 -
Monsanto buys ag data startup 640 Labs
The purchase adds to Monsanto's new holdings in agricultural data systems.
By Paul Conley • Dec. 11, 2014 -
Cargill eyes $1 billion investment in Indonesian poultry, palm oil operations
The move is at least partially tied to a decline in poultry production in China.
By Paul Conley • Dec. 10, 2014 -
AB InBev to move marketing, sales to New York
The move is part of a broader effort by the brewer to revitalize its brands and revive sales.
By Paul Conley • Dec. 10, 2014 -
Federal prosecutors indict executive's sons in halal meat fraud
Two other family-owned businesses are also now charged with mislabeling food for export.
By Paul Conley • Dec. 10, 2014 -
Are Kellogg's cereal plants in jeopardy?
Kellogg Co. could be in hot water if it cannot come to an agreement with union employees.
By David Oliver • Dec. 9, 2014 -
Diamond Foods trumps profit predictions
Diamond Foods announced its first quarter profit of $7.7 million, higher than what Wall Street estimated.
By David Oliver • Dec. 9, 2014 -
Coca-Cola loses fight over bottle design with Pepsi in Australian court
Another court has ruled in the multi-nation battle between the soda giants over bottle shapes.
By Paul Conley • Dec. 9, 2014 -
SodaStream says its Pepsi test is going well, PepsiCo boss says otherwise
The make-your-own beverage company says consumers like its Pepsi flavors, but PepsiCo's CEO offers criticism.
By Paul Conley • Dec. 9, 2014 -
Tesco says things are about to get worse
The beleaguered retailer warned that full year results will be dramatically worse than previously forecast.
By Paul Conley • Dec. 9, 2014 -
Deep Dive
How may restaurant trends affect the food business come 2015?
The National Restaurant Association's "What's Hot in 2015" survey revealed interesting trends for next year.
By David Oliver • Dec. 8, 2014 -
EU reaches compromise on GMO crops
The deal lets member states opt out of growing GMO crops even when approved by the overall EU.
By Paul Conley • Dec. 8, 2014 -
Olam International buys peanut sheller McCleskey Mills
The deal values the third-largest sheller in the U.S. at $176 million.
By Paul Conley • Dec. 8, 2014 -
Kellogg opens up on plans for BiscoMisr, says it won't lay off workers
The cereal giant says its offer to buy a controlling stake in the Egyptian snack company is now worth $132.1 million
By Paul Conley • Dec. 8, 2014 -
Coca-Cola Amatil to slash jobs, reorganize
The bottler with operations across the Asia-Pacific is struggling with declining sales of soda.
By Paul Conley • Dec. 8, 2014 -
General Mills' French Toast Crunch returns to shelves
General Mills has decided to bring back its French Toast Crunch cereal which was discontinued in the U.S. in 2006.
By David Oliver • Dec. 5, 2014 -
Dollar Tree could close up to 500 stores in merger
The number of closings, which would be required by the FTC if it acquired rival Family Dollar, is about in line with Dollar Tree’s expectations, sources said.
By Daphne Howland • Dec. 5, 2014 -
Hershey increasing space in Canada market
Hershey has purchased The Allan Candy Co., a top confectionery product manufacturer in Canada.
By David Oliver • Dec. 5, 2014 -
Cutrale, Safra extend takeover offer for Chiquita
Fewer than three-quarters of shares were tendered by the previous deadline.
By Paul Conley • Dec. 5, 2014 -
Keurig Green Mountain to buy Bevyz, gains Laughing Man Coffee and Tea brand
The Bevyz acquisition is valued at around $220 million.
By David Oliver • Dec. 4, 2014 -
Dollar General CEO says company still in race for Family Dollar acquisition
Rick Dreiling, Dollar General chairman and CEO, spoke to analysts about an expected offer update for Family Dollar.
By David Oliver • Dec. 4, 2014 -
Kraft K-Cup prices to increase for first time
Kraft said this will go into effect Dec. 28.
By David Oliver • Dec. 4, 2014 -
Cargill teams with consultancy to create sustainable cattle management system
The meat processing giant wants to assess the sustainability of its feed lots.
By Paul Conley • Dec. 4, 2014
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