Corporate Operations: Page 108
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Consumers say snacking is a 'lifeline' during pandemic, with 88% doing it more or the same
A report from Oreo and Ritz maker Mondelez International also found 70% of millennials and 67% of those working from home prefer snacking over meals.
By Jessi Devenyns • Nov. 11, 2020 -
What could Biden's win mean for the CPG industry?
The Consumer Brands Association outlined its expectations for the new administration, saying it could lead to policy shifts in regulation and the federal response to COVID-19, but uncertainty on the legislative front.
By Jessi Devenyns • Nov. 10, 2020 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Mondelez CEO touts growth after pandemic as CPG keeps tight focus on snacking
Dirk Van de Put said while he played a bigger role guiding the Oreo maker early during coronavirus, the company has shifted back to normal operations and expects sales hurt by the outbreak to recover.
By Christopher Doering • Nov. 10, 2020 -
Opinion
The food industry is not recognized for sustainability. How can we fix that?
Companies are making real progress with environmentally friendly policies, but rarely are recognized. Puris Holdings CEO Nicole Atchison looks at how that could be changed.
By Nicole Atchison • Nov. 9, 2020 -
Deep Dive
How a Monster competitor plans to be the next $1B brand in energy drinks
Fast-growing Celsius Holdings has shaken the $14 billion beverage segment dominated by deeper-pocketed players like Red Bull by eschewing questionable ingredients and promising faster calorie burning during exercise.
By Christopher Doering • Nov. 9, 2020 -
Smithfield Foods will pay $83M to settle pork price-fixing claims
The meat supplier told Reuters the settlement eliminates a "substantial portion" of its exposure in the litigation and that it denied liability in agreeing to settle.
By Jessi Devenyns • Updated June 30, 2021 -
Column
Leftovers: Mtn Dew hot sauce is a fiery mashup; Godiva sparkles for the holidays
The PepsiCo soda brand partnered with iBurn and the NBA's Joel Embiid to launch the extremely limited bright green condiment, and Quest Nutrition makes peanut butter cups with less sugar.
By Food Dive staff • Nov. 6, 2020 -
SweeGen debuts new stevia ingredient Reb I
This newest sweetener has less bitterness and a clean profile, the company says, putting it in line with current trends in the space.
By Jessi Devenyns • Nov. 5, 2020 -
How Kellogg prepared for the e-commerce surge by boosting its tech and talent
The 114-year-old company's online sales have nearly doubled as it has spent the last two years investing in hiring specialized digital experts and building out its platform.
By Lillianna Byington • Nov. 5, 2020 -
Retrieved from SweetWater Brewing Company on November 04, 2020
Cannabis company Aphria to acquire SweetWater Brewing for $300M
This deal, which is expected to close by the end of 2020, will give the Canadian company an established distribution network in the U.S., while also expanding the Georgia craft brewer's reach.
By Lillianna Byington • Nov. 5, 2020 -
TreeHouse buys regional pasta brand maker for $242.5M
The majority purchase of Riviana Foods — the first acquisition for the private label manufacturer in years — brings brands including Prince, Creamette, American Beauty and San Giorgio into its portfolio.
By Megan Poinski • Nov. 5, 2020 -
Molson Coors considers scrapping some offerings amid can shortage
The decision to cut SKUs comes as the beer giant accelerates its expansion into nonalcoholic offerings, such as full-flavored seltzers and a plant-based diet soda.
By Christopher Doering • Nov. 5, 2020 -
USDA. (2017). Retrieved from Flickr.
Lawmaker calls for probe into JBS' government subsidies
Rep. Rosa DeLauro sent a letter to USDA Secretary Sonny Perdue renewing her calls for an investigation after the meatpacker's parent company pleaded guilty to violating the Foreign Corrupt Practices Act.
By Lillianna Byington • Nov. 4, 2020 -
Butter sales surge as consumers spend more time baking at home
Dairy producer Land O'Lakes, which is selling record amounts of the ingredient, expects sales to increase more than 20% in 2020.
By Jessi Devenyns • Nov. 4, 2020 -
Hershey bets on product mashups by weaving licensing into marketing
As it expands into categories in which it doesn't have experience or distribution, the confections juggernaut sees unexpected partnerships as key to its success.
By Aaron Baar • Nov. 3, 2020 -
Deep Dive
Meat processors expedite plans to implement robotics as pandemic increases pressure
The future of meat manufacturing could include 3D scanners and automated cutting. Tyson, Smithfield, Cargill and JBS are all looking at ways to incorporate more automation.
By Lillianna Byington • Nov. 2, 2020 -
Retrieved from PepsiCo on April 23, 2019
How PepsiCo plans to increase gender, racial diversity in management by 2025
The snack and beverage giant has set a goal to increase Black representation in managerial roles 30% and Hispanic representation 10%.
By Sheryl Estrada • Nov. 2, 2020 -
Nestlé buys Freshly, valuing meal delivery firm at $950M
The world's largest food manufacturer, which purchased a stake in the upstart in 2017, can bring its deep knowledge of customer trends, R&D capability and portfolio of brands to the better-for-you delivery business.
By Christopher Doering • Oct. 30, 2020 -
Keurig Dr Pepper restructures into coffee and cold drinks divisions
The company said the move allows leadership to focus on distinct marketing and innovation for consumers who are shifting their consumption habits.
By Jessi Devenyns • Oct. 30, 2020 -
Retrieved from Velocity Snack Brands on October 29, 2020
ColumnLeftovers: Popchips explode into grain-free snacks; Hormel cooks up bacon-scented masks
Air popped cassava and corn chips add another degree of health to the better-for-you brand, and Bel Group begins its plant-based cheese line with dairy-free Boursin.
By Food Dive staff • Oct. 30, 2020 -
Sanderson Farms rejects unsolicited takeover bid
Durational Capital Management proposed an acquisition for $142 per share, but the company said the offer "very substantially undervalues Sanderson."
By Lillianna Byington • Oct. 30, 2020 -
Barry Callebaut introduces cacao fruit ingredients brand
Cabosse Naturals upcycles the traditionally wasted fruit into four ingredients: pulp, juice, concentrate and cascara flour made from its skin.
By Megan Poinski • Oct. 29, 2020 -
The image by Poyraz 72 is licensed under CC BY-SA 4.0
DouxMatok reveals manufacturing agreement with Canadian sugar company
The Israel-based sugar reduction company has been working with Lantic for two years. It said the ingredient will be available to North American manufacturers in 2021.
By Megan Poinski • Oct. 29, 2020 -
USDA photo by Preston Keres. (2017). "20170428-OSEC-PJK-1465" [photograph]. Retrieved from Flickr.
OSHA fines JBS, Conagra for violations during pandemic
A Missouri Conagra facility was cited with a $2,121 proposed penalty for its record-keeping, while a JBS plant in Wisconsin was fined $13,494 for workplace issues, including employees working too close.
By Lillianna Byington • Oct. 29, 2020 -
Q&A
Using science to progress food's future: Q&A with the VP of the Mars Advanced Research Institute
The industry has opportunities for innovation, food safety and increasing food security. Abi Stevenson talks about how her division is using research to try and improve all of those things — and more.
By Megan Poinski • Oct. 29, 2020