Corporate Operations: Page 367
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Diageo to take acquisitions breather, launch new bourbons in 2014
The spirits giant sees a lot of potential in its higher-priced offerings for the new year.
By Brian Warmoth • Nov. 20, 2013 -
Deep Dive
Turkey owns Thanksgiving, but U.S. households prefer something else
In this year's poultry rankings, turkey products across the board still lagged behind their competition. Can you guess what's more popular?
By Gabriel Salkin • Nov. 20, 2013 -
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 -
Heinz to invest $28M in Ohio frozen food facility
The expansion is expected to add 249 manufacturing jobs.
By Roger Riddell • Nov. 19, 2013 -
Tyson reports 41% surge in profit in Q4
Tyson said rising demand for beef and chicken pushed revenue higher.
By Paul Conley • Nov. 19, 2013 -
Tesco defends use of food delivery trucks for garbage disposal
The move is reportedly a cost-saving measure.
By Roger Riddell • Nov. 18, 2013 -
Newest player in global fruit business is an IT company
The parent of computer-maker Lenovo has suddenly become a major importer/exporter of fruits in the Asia/Pacific region.
By Paul Conley • Nov. 18, 2013 -
Turkey availability and bottle designs: The week's most read food news
Get up to speed on the our biggest stories from the past few days. We've gathered them all in one place.
By Brian Warmoth • Nov. 15, 2013 -
Price gap narrows between private label and national brands
Private labels have made gains—but they still struggle in several food product categories.
By Roger Riddell • Nov. 14, 2013 -
Coca-Cola offers free screenings of Mandela movie at colleges across the U.S.
Coca-Cola is footing the bill for free screenings of a new biographical film about Nelson Mandela.
By Paul Conley • Nov. 14, 2013 -
Prince Charles accuses Britain's retailers of putting farmers in the poorhouse
The heir to the British throne called out his nation's food retailers in a Country Life editorial.
By Roger Riddell • Nov. 13, 2013 -
Butterball turkey shortage reported ahead of Thanksgiving
The shortage affects large fresh turkeys, though plenty of alternatives should still be available.
By Roger Riddell • Nov. 13, 2013 -
Nabisco's Mallomars turn 100
The chocolate and marshmallow cookies are a cult favorite due to their limited availability.
By Roger Riddell • Nov. 13, 2013 -
Clothing brand Patagonia expanding into beer
New Belgium Brewing will launch the beer to celebrate Patagonia's 40th anniversary.
By Brian Warmoth • Nov. 13, 2013 -
Arbitrator: Starbucks owes Mondelez $2.76 billion after Kraft dispute
A lot of people must be smiling in the Mondelez offices this week.
By Brian Warmoth • Nov. 12, 2013 -
Unilever sets 2014 deadline for palm oil sustainability
The consumer-goods giant is the world's largest user of palm oil.
By Roger Riddell • Nov. 12, 2013 -
Skinnygirl, AriZona partner up on sparkling beverages
Four flavors will launch in three cities at the end of November.
By Roger Riddell • Nov. 12, 2013 -
Former Heinz exec to head Carlsberg's Asian business
Christopher Warmoth will be tasked with helping the Danish brewer grab a larger share of the Asian market.
By Roger Riddell • Nov. 12, 2013 -
Annie's will purchase Safeway plant for $6M
Joplin, Mo., is about to become a lot more important for the organic snack leader.
By Brian Warmoth • Nov. 12, 2013 -
E. coli outbreak traced to salads sold at Trader Joe's
The outbreak has sickened 26 in three states.
By Roger Riddell • Nov. 11, 2013 -
PepsiCo will invest $5.5B in India
The announcement comes just days after rival Coca-Cola announced a $4 billion investment in China.
By Roger Riddell • Nov. 11, 2013 -
Deep Dive
4 Kroger predictions: Will it actually take over the world?
Kroger is sitting on top of the supermarket space—rolling in revenue, its stock price soaring. What's next? And what could go wrong?
By Paul Conley • Nov. 11, 2013 -
HFCS manufacturers slash contract prices to compete with subsidized sugar
ADM and Cargill are offering price cuts to high-fructose corn syrup buyers.
By Paul Conley • Nov. 11, 2013 -
Pecan prices rise on weather problems, China purchases
Two years of bad weather, combined with soaring demand from China, is putting pressure on pecan prices.
By Paul Conley • Nov. 11, 2013 -
Coke to invest over $4B in China
Emerging markets like China are a key part of Coke's strategy to hit $200 billion in revenue by 2020.
By Roger Riddell • Nov. 8, 2013 -
Coca-Cola's past and future: The most read food news of the week
Everyone else was reading these news posts this week. Do you need to get caught up?
By Brian Warmoth • Nov. 8, 2013