Corporate Operations: Page
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Hershey's 'big bet' on better-for-you confections
Producing more low- or no-sugar, organic and bite-size offerings could generate up to $1 billion in additional revenue for the iconic maker of Kisses and Reese's, a top executive said.
By Christopher Doering • Feb. 17, 2021 -
Nature's Fynd launches fermented cream cheese and sausage online
The products, which sold out in hours, are a taste of what the company says it plans to roll out later this year.
By Megan Poinski • Feb. 16, 2021 -
Explore the Trendline➔
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TrendlineTop 5 stories from Food Dive
Check out a selection of articles about some of the biggest trends and news — from McCormick’s reformulation strategy to the impact of GLP-1s — shaping the food industry in 2026.
By Food Dive staff -
Grape-Nuts shortage will be over in mid-March, Post says
The cereal brand struggled to stay on shelves as higher consumer demand during the pandemic challenged the company's supply chain.
By Barbara Smith • Feb. 16, 2021 -
Nature Valley makes recyclable wrappers for granola bars
The General Mills brand did not patent the packaging technology and welcomes other snack manufacturers to adapt it to their products.
By Megan Poinski • Feb. 16, 2021 -
PepsiCo CFO: 'The world is permanently shifted'
Hugh Johnston credited the company's successful fourth quarter to its commitment to understanding its new, evolving environment.
By Jane Thier • Feb. 15, 2021 -
Retrieved from Rule Breaker Snacks.
Grupo Bimbo takes minority stake in allergy-friendly snacks maker
The baking giant's venture capital arm, Bimbo Ventures, is investing an undisclosed amount in sweets maker Rule Breaker Snacks.
By Christopher Doering • Feb. 12, 2021 -
Ball, Molson Coors increase production and sourcing to combat aluminum can shortage
Ball Corporation anticipates "demand continuing to outstrip supply well into 2023," President Daniel Fisher said.
By A.B. Brown • Feb. 12, 2021 -
Column
Leftovers: Topo Chico twists on the tangerine; Tillamook shows vintage cheese is in
The new fruit flavor is the latest bit of citrus to be added to the Coca-Cola-owned sparkling water brand, and SweetPea has a scoop: Chickpeas can make ice cream.
By Food Dive staff • Feb. 12, 2021 -
IFF gives activist investor seat on board
The ingredient company's agreement with Sachem Head Capital Management would give managing partner Scott Ferguson a 14th seat on its board.
By Megan Poinski • Updated March 8, 2021 -
Coke plans data-driven, 'always-on' experiential campaigns as sales dip
The company is looking to drive "greater efficiency across the marketing spend portfolio" and announced plans for Sprite's first global campaign.
By Robert Williams • Feb. 11, 2021 -
Why Ferrara says a socially distanced Valentine's Day is still sweet
While candy has always been important to the holiday, the top manufacturer of non-chocolate seasonal candy is using innovation and lessons from a year of lockdowns to help consumers share the love.
By Megan Poinski • Feb. 11, 2021 -
Puris partners with Livekindly to accelerate plant-based adoption
The goal of the joint ventures is to bring plant-based crops to other parts of the world while reducing waste when these commodities are turned into food.
By Christopher Doering • Feb. 11, 2021 -
Mondelez launches program for early-stage snack brands
The CoLab program, created by the company's SnackFutures venture hub, will provide resources and funds to startups as it gains insights from participants.
By Christopher Doering • Feb. 11, 2021 -
Heineken to cut 8,000 jobs as the pandemic hurts sales
The staff reduction, part of a broader effort to save $2.43 billion through 2023, comes as the alcohol maker focuses more on premium offerings and looks to move beyond beer.
By Christopher Doering • Feb. 10, 2021 -
Retrieved from TreeHouse Foods on July 01, 2016
Activist investor Jana nominates 2 directors to TreeHouse Foods' board
The firm is proposing to add former AdvancePierre Foods and Domino’s Pizza executives as the private label maker undergoes a strategic review.
By Christopher Doering • Updated Jan. 4, 2022 -
Aleph Farms unveils world's first cell-based ribeye steak
The Israeli company worked with researchers and utilized 3D bioprinting to make a piece of meat that looks like it came from a slaughtered cow, complete with differentiated fat cells.
By Megan Poinski • Feb. 10, 2021 -
Post Holdings prices SPAC units at $10 in deal that could raise more than $300M
The CPG maker, which said in February its SPAC aimed to raise $400 million, is expected to stay close to the food and beverage space as it looks for companies that will benefit from the experience of its management team.
By Christopher Doering • Updated May 26, 2021 -
Aunt Jemima rebrands as Pearl Milling Company
PepsiCo chose the new name from the Missouri location where the breakfast brand was invented more than 130 years ago.
By Megan Poinski • Updated Feb. 10, 2021 -
Coca-Cola transitions to bottles made from 100% recycled plastic
The new packaging and a smaller bottle size will be gradually rolled out during the first half of the year in select states.
By Christopher Doering • Feb. 9, 2021 -
Danone's 'big runway' for growth is built on brand relevance, N. America CEO says
Shane Grant is feeling optimistic about the company's dominance in dairy and plant-based, even as an activist investor questions its larger strategy.
By Christopher Doering • Feb. 9, 2021 -
Hershey's CFO: Stay-at-home mandates 'played to our strengths'
As the candy giant reflects on a banner year, it is preparing to relaunch its zero sugar line and working on organic products with an eye on the better-for-you confection space.
By Jane Thier • Feb. 8, 2021 -
How Nick's plans to redefine better-for-you ice cream
A $30 million funding round, new CEO and a partnership with Perfect Day give the Swedish treat maker a launchpad for U.S. growth in 2021.
By Megan Poinski • Feb. 8, 2021 -
PepsiCo launches Frutly juice waters for teens
The new line of hydrating, no-added-sugar drinks could capitalize on Gen Z's growing buying power and interest in healthier beverage options.
By Mike De Socio • Feb. 8, 2021 -
Column
Leftovers: Whozeewhatzit? It's Hershey's new offering; Pebbles cereal enters the ice age
The Pennsylvania chocolate maker launches a new bar to complement the Whatchamacallit, and you can have the mango in Yuengling's new brew.
By Food Dive staff • Feb. 5, 2021 -
The road to Chobani's IPO
Chobani considering 2021 IPO valuing it at up to $10B, WSJ reports
Chobani Founder and CEO Hamdi Ulukaya said the company will look at "all options carefully to fuel our ambitious plans" with a stock offering "definitely one exciting direction."
By Christopher Doering • Feb. 5, 2021