Corporate Operations: Page 109
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Lillianna Byington/Food Dive
The winners and losers for category sales during the first 7 months of the pandemic
From oat milk to mints, Food Dive used Nielsen data to examine the growth of food and beverage segments during the last 31 weeks compared to the same time period last year.
By Lillianna Byington • Oct. 28, 2020 -
Permission granted by Quinn
Hershey takes stake in snack maker Quinn for undisclosed amount
The investment will allow the candy giant to tap into the upstart's mission-focused goals, while allowing the 126-year-old company to further expand its reach into snacks.
By Christopher Doering • Oct. 28, 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 -
Permission granted by Kind Healthy Snacks
Kind launches into energy bars with campaign against Clif
The company continues its feud with Clif Bar with this latest line, pushing consumers in a new advertisement to compare their ingredients.
By Lillianna Byington • Oct. 27, 2020 -
Permission granted by Meat-Tech 3D
Cell-based Meat-Tech 3D makes US IPO
The Israel-based company with the ticker symbol MITC has said the U.S. may be its primary market.
By Megan Poinski • Updated March 8, 2021 -
Thai Phi Le/Food Dive
Halloween candy sales are up, but pandemic is changing celebrations
As manufacturers have altered their approach, 90% of young parents say they cannot imagine Halloween without sweet treats, according to the National Confectioners Association.
By Jessi Devenyns • Oct. 27, 2020 -
JM Smucker sells Crisco to B&G Foods for $550M
The divestiture will allow the jam manufacturer to exit the U.S. baking category and focus more attention on growth areas such as pet food, coffee and snacking.
By Christopher Doering • Oct. 27, 2020 -
Permission granted by Planterra
How Planterra is bringing JBS into the plant-based space
The world's largest meat company entered the segment earlier this year, and the CEO of its new division says the category represents another option for consumers.
By Megan Poinski • Oct. 26, 2020 -
Nestlé moves to keep rights to sell California Pizza Kitchen's frozen line
The restaurant chain wants to reject its trademark contract with the Switzerland food giant, which acquired the license in 2010 from Kraft, as part of its bankruptcy restructuring.
By Jessi Devenyns • Oct. 26, 2020 -
Courtesy of Guinness
Guinness debuts a nonalcoholic version of its stout
The Diageo brand joins others, including Budweiser and Sam Adams, in introducing new alcohol-free brews.
By Christopher Doering • Oct. 23, 2020 -
Former Blue Bell CEO indicted on charges of covering up 2015 listeria outbreak
While charges against Paul Kruse were initially dismissed, he is now being accused of wire fraud and conspiracy by a federal grand jury.
By Megan Poinski • Oct. 22, 2020 -
Whole Foods forecasts upcycled foods, alcoholic kombucha among 10 trends for 2021
Elevating breakfast and expanding coffee-flavored products are also trends that will boom next year, according to predictions by the grocer's buyers and culinary experts.
By Rosie Bradbury • Oct. 22, 2020 -
Alcohol needs to carry a cancer warning, public health groups urge government
This is not the first time advocates have requested regulators reevaluate the warning label, but the current push provides fresh evidence that it may be gaining momentum.
By Jessi Devenyns • Oct. 22, 2020 -
Permission granted by Impossible Foods
Impossible Foods recruits scientists to double R&D department in 12 months
At a virtual press conference, the company announced plans to hire 100 more professionals from any research discipline and showed off a prototype of Impossible Milk.
By Megan Poinski • Oct. 21, 2020 -
Courtesy of BrightFarms
BrightFarms raises $100M to fund greenhouse expansion
The grower joins Revol Greens, AppHarvest and Plenty Unlimited in recent investments, as companies take advantage of consumer interest in local, sustainably grown food.
By Christopher Doering • Oct. 20, 2020 -
Christopher Doering/Food Dive
From privately held to publicly traded, should small companies take the plunge?
Going public provides greater exposure and more access to capital, but it comes with drawbacks such as regulatory requirements and short-term growth targets shunned by many CEOs.
By Christopher Doering • Oct. 20, 2020 -
Smithfield names insider as new CEO
Chief Operating Officer Dennis Organ will replace Kenneth Sullivan, who plans to retire in early 2021, inheriting a company trying to recover from the pandemic.
By Jessi Devenyns • Oct. 20, 2020 -
Courtesy of Yuengling
Deep DiveYuengling survived Prohibition and both World Wars. But can it beat the pandemic?
Despite recent challenges, the sixth-generation leaders of America's oldest brewery are leaning into its reputation as a "traditional" beer company, while pushing ahead on new initiatives including a partnership with Molson Coors.
By Christopher Doering • Oct. 19, 2020 -
Courtesy of Heineken
Heineken partners with Arizona Beverages on new hard seltzer
Arizona Sunrise Hard Seltzer, which is expected to hit shelves in the first quarter of 2021, joins a crowded category where almost every major beer company has a product.
By Christopher Doering • Oct. 16, 2020 -
Courtesy of Coca-Cola
Coca-Cola to end production of Tab soda
The iconic beverage introduced in 1963 was the company's first diet cola, but it faded in popularity after the launch of Diet Coke nearly two decades later.
By Christopher Doering • Oct. 16, 2020 -
Permission granted by LiveKindly Company
LiveKindly raises an additional $135M to expand to the US
The plant-based collective will use the funds to help bring its brands stateside in 2021, as well as develop new products, with a particular focus on alternative chicken and eggs.
By Jessi Devenyns • Oct. 15, 2020 -
Lillianna Byington/Food Dive
How Ferrero uses data to streamline its supply chain and reduce food waste
The confectionery giant is working with software company Alloy to improve the efficiency of its operations by cutting down on overstock and out-of-stock items.
By Lillianna Byington • Oct. 14, 2020 -
Pilgrim's Pride agrees to $110.5M fine in chicken price-fixing plea deal
The company will be the first to plead guilty in court to allegations of conspiring to inflate broiler chicken prices, which have engrossed the poultry industry in recent years.
By Lillianna Byington • Oct. 14, 2020 -
Goya invests $80M to expand plant as demand for its products grows
The family-owned maker of Hispanic foods has benefited from increased interest in ethnic offerings and a resurgence in home eating during the pandemic.
By Jessi Devenyns • Oct. 14, 2020 -
Yunjin Kim/Food Dive
Deep DiveIs coronavirus accelerating the growth of plant-based meat?
Sales for the category have exploded as the pandemic disrupts business as usual. Is this because people are turning away from animal-based eating, or is it keeping with the segment's trends?
By Megan Poinski • Oct. 13, 2020 -
Permission granted by Driscoll's
Driscoll's partners with Plenty to grow strawberries indoors
The affiliation with the vertical farming company will allow the berry producer to grow a more reliable crop and expand into regions that have historically been difficult to serve.
By Christopher Doering • Oct. 13, 2020
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