Corporate Operations: Page 338
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Alco closing all stores
The 113-year-old retailer filed for bankruptcy in October with the intent to sell its stores.
By David Oliver • Nov. 21, 2014 -
Aldi to open China stores, according to report; announces new US CEO role
The German grocer that has revolutionized the European supermarket business has its eye on China.
By Paul Conley • Nov. 21, 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 -
Del Monte unveils new fresh cut plant in Oshawa
The plant opens as Del Monte Fresh makes a major push into Canada.
By Paul Conley • Nov. 21, 2014 -
Fuji Food Products to launch production facility in Illinois
The nation's largest supplier of prepackaged sushi is expanding distribution throughout the Midwest.
By Paul Conley • Nov. 21, 2014 -
JBS to buy Australia's Primo Group in $1.3 billion deal
The deal gives the world's largest meat processor increased supply for China's soaring demand for pork.
By Paul Conley • Nov. 21, 2014 -
Kellogg says it will top $119 milion offer for Bisco Misr
The cereal maker says it will come back with a new bid for the Egyptian biscuit maker within days.
By Paul Conley • Nov. 20, 2014 -
Keurig K-cup sales soar, driving earnings higher
Still, the maker of single-serve coffee machines disappointed Wall Street with its forecasts for sales through the holiday season.
By Paul Conley • Nov. 20, 2014 -
AB InBev to cut jobs in US
Details are few, but the cuts are reportedly concentrated in sales and marketing.
By Paul Conley • Nov. 20, 2014 -
Danone receives bid for medical nutrition unit
Danone is looking to close a deal by next week, according to the Wall Street Journal.
By Paul Conley • Nov. 20, 2014 -
USDA
Another Syngenta lawsuit, this time from ADM
This marks one of Syngenta's many ongoing lawsuits.
By David Oliver • Nov. 19, 2014 -
Ahold focusing on digital sales, looks toward large goal
The owner of Peapod and two other digital shopping platforms expects 80% growth from online.
By Paul Conley • Nov. 19, 2014 -
ADM names oilseeds exec to run SCI ingredients business
The agribusiness giant named Ken Campbell to helm its latest acquisition.
By Paul Conley • Nov. 19, 2014 -
Sponsored by
The Top 7 Food Trends for 2015 from Starchefs International Chefs Congress
Sponsored by: Recently, some members of the Symrise team attended the 9th Annual Starchefs.com International Chefs Congress at the Brooklyn Expo Center in Greenpoint. The following is our take on the top culinary trends for 2015 from the event. On the main stage, at the products fair, and...
Nov. 18, 2014 -
Is a chocolate shortage imminent?
Some of the world's largest chocolate companies are warning that a shortage looms by 2020, scaring markets and chocolate lovers.
By Paul Conley • Nov. 18, 2014 -
Carlsberg takes control of Greece's Olympic Brewery
The purchase makes the Danish company the second-largest brewer in Greece.
By Paul Conley • Nov. 18, 2014 -
Tyson exceeds profit predictions as meat prices soar
The biggest U.S. meat producer saw beef prices increase 21.5% and pork prices 16.5% in its most recent quarter.
By David Oliver • Nov. 17, 2014 -
Japan's butter shortage threatens Christmas cakes
Supermarkets in Japan are reeling from the shortage, as consumers grow frantic over the lack of the key ingredient for the nation's Christmas cakes.
By Paul Conley • Nov. 17, 2014 -
Pinnacle Foods purchases Garden Protein International
The $154 million deal gives Pinnacle a foothold in the plant-based protein space.
By Paul Conley • Nov. 17, 2014 -
McDonald's says it won't buy GMO potato
The decision is a blow to J.R. Simplot Co., the potato grower-shipper that developed the new spud.
By Paul Conley • Nov. 17, 2014 -
Twinkies maker Hostess to go on sale again
The private equity firms that control Hostess are expected to seek at least $1.7 billion for the company.
By Paul Conley • Nov. 17, 2014 -
Nestle looking at options for Davigel
The world's largest food company said it is mulling over decisions regarding its frozen food business.
By David Oliver • Nov. 14, 2014 -
JBS posts record profit on soaring cattle prices
The world's largest meat company also benefited from a substantial drop in feed costs.
By Paul Conley • Nov. 13, 2014 -
Royal Ahold income rises, but margins shrink
A good performance by U.S. brands Stop & Shop and Giant lifted revenue, but no improvement is expected.
By Paul Conley • Nov. 13, 2014 -
SABMiller earnings crimped by dollar woes
The brewer posted modest growth for the first half of the year but missed analysts' forecasts.
By Paul Conley • Nov. 13, 2014 -
Chobani to open food incubator in NYC
The Greek yogurt-maker says it wants to support other disrupters in the food business.
By Paul Conley • Nov. 12, 2014
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