Corporate Operations: Page 105


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    Retrieved from Eclipse Foods on July 24, 2020
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    Plant-based ice cream Eclipse Foods launches into retail amid pandemic

    CEO Aylon Steinhart called the company the "Beyond Meat of dairy products" and talked about shifting gears to selling direct-to-consumer. 

    By Lillianna Byington • Aug. 4, 2020
  • A large package of Beyond Meat burgers sits in a shopping cart.
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    Courtesy of Beyond Meat
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    With more retail expansions, plant-based meat gets closer to ubiquity

    Shoppers at Publix, Walmart and Trader Joe's can now buy Impossible Burgers, while Beyond Meat breaks into Sam's Club and BJ's Warehouse.

    By Aug. 4, 2020
  • 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
  • Tyson Foods names Dean Banks as next CEO

    Banks, a former tech executive, will lead the company as it turns to more automation amid the pandemic. Noel White will remain in a new role as executive vice chairman.

    By Lillianna Byington • Aug. 3, 2020
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    Flickr
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    Kraft Heinz, Kellogg to rev up marketing substantially in H2 as pandemic windfall continues

    To retain the interest of new customers, Kraft Heinz will increase its working media dollars by 40% in H2, while Kellogg is pursuing a similar playbook.

    By Peter Adams • Aug. 3, 2020
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    Retrieved from MikMak on August 02, 2020
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    E-commerce insights platform MikMak raises $10M to expand

    The platform, used by companies including Hershey and the J.M. Smucker Co., saw 50% revenue growth as demand for online shopping skyrocketed during the pandemic.

    By Lillianna Byington • Aug. 3, 2020
  • Vital Farms eggs and cooked in Vital Farms butter
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    Courtesy of Vital Farms
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    Vital Farms stock climbs 60% after IPO

    CEO Russell Diez-Canseco said the pasture-raised eggs company can do its job best if it's answering to the public and independent of funders.

    By Aug. 3, 2020
  • Coca-Cola announced it will launch Topo Chico Hard Seltzer in Latin America at the end of 2020, and in select U.S. cities in 2021.
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    Courtesy of Coca-Cola
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    Topo Chico Hard Seltzer will be manufactured, marketed and distributed by Molson Coors

    The agreement, similar to one signed with Yuengling earlier this month, gives the company known for beer a third hard seltzer brand in its portfolio.

    By Jessi Devenyns • Updated Sept. 29, 2020
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    Permission granted by Coca-Cola
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    Coca-Cola to debut coffee-flavored cola in the US

    The beverage, which is already available in international markets, will launch on the company's subscription service this year before hitting shelves across the country in January.

    By Lillianna Byington • July 31, 2020
  • Several workers in protective gear work on a meat production line with plastic dividers between them.
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    Permission granted by Tyson Foods
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    Tyson Foods to start testing its workers for coronavirus weekly

    The company also created a chief medical officer position and plans to add nearly 200 nurses and administrative support personnel to help the health services team. 

    By Lillianna Byington • July 31, 2020
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    Retrieved from Post, Dunkin' on July 30, 2020
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    Column

    Leftovers: America runs on Dunkin' cereal; French's and Oskar Blues brew mustard beer

    Post's new breakfast offerings are inspired by the restaurant's popular coffee drinks, and PBR gets into the summer with hard peach iced tea.

    By Food Dive staff • July 31, 2020
  • Cans of Bush's Beans
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    "Someone Likes Beans" by dr.coop is licensed under CC BY 2.0
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    How 3 CEOs pivoted their companies in the pandemic

    Leaders of Flowers Foods, Bush Brothers & Company and Idahoan discussed changes they have made and challenges they faced in a webinar.

    By July 30, 2020
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    Perdue
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    Better Meat Co. raises $8.1M in funding

    The plant-based protein ingredients startup has already worked with Perdue on its Chicken Plus line and looks to expand its partnerships to get more blended meat products to market. 

    By Jessi Devenyns • July 29, 2020
  • Screengrab from a video of a Tyson Foods pork processing facility
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    Courtesy of Tyson Foods
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    USDA faces lawsuit and legislation over increased line speeds at meat plants

    Sen. Cory Booker introduced the Safe Line Speeds in COVID-19 Act the same day that the United Food and Commercial Workers International Union filed a federal complaint on the same issue. 

    By Lillianna Byington • July 29, 2020
  • General Mills made all of its Pillsbury cookie dough safe to eat raw in summer 2020.
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    Retrieved from General Mills on July 29, 2020
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    Pillsbury reformulates cookie dough to be safely eaten raw

    By the end of the summer, all of General Mills' refrigerated products on grocery shelves will be made with heat-treated flour and pasteurized eggs.

    By July 29, 2020
  • Unilever sells Lipton, other teas to private-equity firm for $5B

    The sale to CVC Capital Partners includes 34 brands that generated more than $2 billion in sales in 2020. It will allow the CPG giant to focus on higher-growth businesses.

    By Updated Nov. 19, 2021
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    Retrieved from Geltor on July 28, 2020
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    Geltor raises $93.1M to grow animal-free ingredients platform

    African swine fever and problematic supply chains could drive interest in their cell-based collagen, the company said.

    By Jessi Devenyns • July 28, 2020
  • $1.1B invested in alternative protein in 2020 so far doubles 2019 totals, report shows

    Unilever and Tesco rank as the most advanced in their strategies toward alternative protein in FAIRR's study, while Costco, Kraft Heinz and Amazon are at the bottom.

    By July 28, 2020
  • Deep Dive

    How food innovation has continued during the pandemic

    Coronavirus has shifted the reasons, processes and funds for new ideas and products, but manufacturers, funders and experts agree: Stopping the process is not an option.

    By July 27, 2020
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    Aldi
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    Opinion

    Building brand loyalty to last beyond the pandemic

    From being authentic to doing things that help the greater good, Louise Pollock at Pollock Communications says companies need to find ways to stay relevant with consumers during these unprecedented times.

    By Louise Pollock • July 27, 2020
  • Christine Mei became CEO of Gathered Foods in July 2020.
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    Courtesy of Gathered Foods
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    Gathered Foods reels in Christine Mei as CEO

    The new leader of the company that produces plant-based seafood brand Good Catch has more than 30 years of experience in the CPG industry. Co-founder Chris Kerr will become executive chair. 

    By Jessi Devenyns • July 24, 2020
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    Pixabay
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    Sustainability-marketed products saw sales boost amid pandemic, report says

    As consumers started pantry stocking, many still took the time to consider manufacturers' environmental values, according to IRI and the NYU Stern Center for Sustainable Business. 

    By Lillianna Byington • July 24, 2020
  • Jeni's
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    Courtesy of Jeni's
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    Column

    Leftovers: Jeni's brings state fair-inspired flavors to ice cream; Quokka Brew makes jitter-free coffee

    The frozen dessert maker will release a new midway-inspired flavor every Thursday this summer, and Heaven's Lettuce launches chips to convince consumers "happiness is hemp."

    By Food Dive staff • July 24, 2020
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    USDA
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    USDA suggests changes to beef market as investigation continues

    The report said the price-fixing probe is ongoing, but offered ideas on how the industry could increase transparency and create opportunities for smaller producers.

    By Lillianna Byington • July 23, 2020
  • Pork producers face $5B in losses with surplus of hogs

    The closure of plants because of the coronavirus has slowed meat processing. The National Pork Producers Council is calling on Congress to pass financial aid for farmers.

    By Lillianna Byington • July 22, 2020
  • How a Russian company will bring cell-based chicken to KFC

    3D Bioprinting Solutions will use a high-tech printer to make nuggets out of a hybrid of cell and plant-based materials for the chain in Russia. It plans to create similar relationships to develop products in the U.S. 

    By July 22, 2020