Corporate Operations: Page 36
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Permission granted by Fishwife
Catching mackerel in the Shark Tank: How Fishwife became a sensation
The brand upended the $2.6 billion U.S. tinned fish market by touting its sustainability and transparency attributes while using distinctive packaging.
By Judy McGuire • Sept. 20, 2024 -
Getty Images
General Mills teams with grocery giant to expand regenerative agriculture
A collaboration between Ahold Delhaize USA and the consumer food company will support farmers as they transition to practices that cut greenhouse gas emissions.
By Nathan Owens • Sept. 19, 2024 -
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 -
Courtesy of Wilk
Q&AHow a dairy additive startup is finding success in precision fermentation by thinking small
Turtle Tree Labs is avoiding exposure to alternative milks or other low-margin offerings by focusing on specialty ingredients for adult nutrition and sports performance.
By Jesse Klein • Sept. 19, 2024 -
Courtesy of General Mills
General Mills sees at-home consumption rebounding after price cuts
CEO Jeff Harmening told Wall Street analysts that the cereal maker is benefiting from consumers who are eating more at home to save money.
By Chris Casey • Sept. 19, 2024 -
Courtesy of Nutrabolt
C4 partners with Hershey to bring its sweets to energy drinks, protein powders
The initial tranche of products will include the confectionery giant’s Bubble Yum, Jolly Rancher, Hershey's Milk Chocolate and Reese's brands.
By Christopher Doering • Sept. 18, 2024 -
Courtesy of Coca-Cola
Coca-Cola and Bacardi partner on ready-to-drink cocktail
The premixed beverage will be sold in several markets worldwide in 2025, with the initial launch planned for Mexico and select European markets.
By Christopher Doering • Sept. 17, 2024 -
Courtesy of PepsiCo
PepsiCo’s Gatorade debuts electrolyte powder aimed at everyday hydration
The product fills a void for the $6 billion-plus brand that is typically geared toward athletes and other physically active people.
By Christopher Doering • Sept. 17, 2024 -
Courtesy of Kind
Kind appoints Mars-insider as new CEO ‘to shape future of snacking’
Daniel Calderoni, the third executive to oversee the snack bar in four years, brings more than 20 years of experience leading consumer brands.
By Christopher Doering • Sept. 17, 2024 -
Courtesy of Nestlé
Nestlé‘s Stouffer’s launches first shelf-stable offering with macaroni and cheese
The product will compete in a segment with almost $3 billion in sales and help the CPG giant take advantage of consumer interest in shelf-stable and frozen versions of the food.
By Christopher Doering • Sept. 16, 2024 -
Courtesy of Life Cereal
Life cereal brings back Mikey to ride wave of nostalgic marketing
The picky eater kid spokesperson returns in musical ads that will appear on streaming and retail media and also include a new tagline.
By Peter Adams • Sept. 13, 2024 -
Brandon Bell via Getty Images
Cal-Maine takes majority stake of egg processor, expanding into prepared foods
A new joint venture with wrap and crepe maker Crepini comes as producers look to boost profits through a renewed focus on value-added products.
By Sarah Zimmerman • Sept. 13, 2024 -
David Ryder/Getty Images via Getty Images
OpinionHow food and beverage companies can stay ahead of the changes caused by GLP-1 drugs
Businesses can take proactive steps now to best position themselves for a competitive advantage in the face of the seismic shift these medications will have on the industry.
By Bryan Radtke and Jeremy Bartlow • Sept. 13, 2024 -
Courtesy of T. Hasegawa
T Hasegawa broadens flavor portfolio with Abelei acquisition
The purchase will add more citrus and fruit options to the company’s offerings serving the food, beverage and nutrition industries.
By Elizabeth Flood • Sept. 12, 2024 -
David McNew via Getty Images
Avocado shortages generate record profits
Mission Produce and Limoneira are seeing strong consumer demand even in the face of higher grocery store prices.
By Sarah Zimmerman • Sept. 12, 2024 -
Getty Images
General Mills to sell North American yogurt business for $2.1B
The divestiture, which includes brands such as Yoplait and Go-Gurt, will allow the food giant to focus on faster-growing areas including snacks and pet food.
By Christopher Doering • Sept. 12, 2024 -
Christopher Doering/Food Dive
Campbell Soup CEO downplays possibility of splitting food giant
Mark Clouse expressed confidence in the company’s existing business and said a potential separation of its snacks business from its meals and beverages wasn’t imminent.
By Christopher Doering • Sept. 11, 2024 -
Christopher Doering/Food Dive
Campbell Soup is changing its name to reflect a broader portfolio
The manufacturer of chips, sauces, cookies, beverages and other offerings will ask shareholders to approve renaming the 155-year-old firm The Campbell’s Company.
By Christopher Doering • Sept. 11, 2024 -
Courtesy of Vital Farms
Vital Farms adds chief supply chain officer role
Joe Holland took helm of the newly created role on Sept. 1 and is responsible for the company’s logistics, production operations and food safety quality assurance.
By Alejandra Carranza • Sept. 10, 2024 -
Courtesy of Chomps
Chomps to open Missouri snack facility
The facility will expand the meat snack maker’s partnership with contract manufacturer Western Smokehouse Partners.
By Joelle Anselmo • Sept. 9, 2024 -
Getty Images
Are strawberries tasting worse? Tech platform says it can help fruit maintain quality
New labels track the humidity and temperature of berries and can help producers maintain a fresher, sweeter fruit.
By Chris Casey • Sept. 9, 2024 -
Retrieved from Black Rifle Coffee.
Keurig Dr Pepper inks sales and distribution deal for Black Rifle Energy Drinks
The new beverage line is expected to launch in the fourth quarter and be available nationwide in early 2025. Terms of the deal were not disclosed.
By Christopher Doering • Sept. 6, 2024 -
Christopher Doering/Food Dive
Hershey names ex-PepsiCo exec as president of US confections
The Reese’s maker said Michael Del Pozzo “brings a wealth of experience,” noting his role in transforming Gatorade from a sports drink into a fitness brand.
By Christopher Doering • Sept. 6, 2024 -
Courtesy of Diageo
ColumnThe Weekly Sip: Diageo sweetens Baileys with churros | Leinenkugel’s stretches into taffy
In other beverage news, THC-infused beverage maker Blaze Mota debuted a hemp-derived variety of its canned michelada.
By Chris Casey • Sept. 5, 2024 -
Christopher Doering/Food Dive
Molson Coors latest company to revise DEI policy
The beer giant will no longer participate in a scoring system by the Human Rights Campaign and will tie executive incentives to business performance, not “aspirational representation goals.”
By Christopher Doering • Sept. 5, 2024 -
Permission granted by Hershey
Deep DiveGum manufacturers turn to innovation to keep sales from popping
With demand falling from its 2011 peak, Hershey, Mars Wrigley and other companies are turning to unique flavors, ingredients and formats to boost consumption.
By Christopher Doering • Sept. 4, 2024
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