Corporate Operations: Page 12
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Courtesy of PR Newswire
OpinionHow Super Bowl brand extensions can fuel big-time growth
The event has proven to be ideal for Budweiser and other brands to launch new offerings, writes Patricia Manos with Curion. But unless done right, these campaigns could become a high-profile flop.
By Patricia Manos • Feb. 5, 2025 -
Courtesy of Kraft Heinz
Heinz teams with hip-hop hitmaker Mustard for new product, campaign
The marketer launched the culturally minded — and perhaps overdue — campaign with a spot that aired during the Grammy Awards.
By Chris Kelly • Feb. 4, 2025 -
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 -
Justin Sullivan via Getty Images
Tyson chicken earnings pop as consumers prioritize protein
Growing demand for convenient meals is pushing the poultry giant to expand its presence in foodservice and the frozen aisle.
By Sarah Zimmerman • Feb. 4, 2025 -
Retrieved from CPAC on February 02, 2025
Canada pauses tariffs on US food and alcohol after Trump delays trade action
Retaliatory tariffs would have targeted $155 billion worth of American goods including beef, pork, orange juice, coffee and spirits.
By Edwin Lopez • Updated Feb. 3, 2025 -
Scott Olson via Getty Images
JM Smucker to divest some sweets brands for $40M as it focuses on Hostess
The sale of the Cloverhill and Big Texas brands, as well as certain private-label products, also will help cut costs and reduce complexity across its manufacturing network.
By Christopher Doering • Feb. 3, 2025 -
Courtesy of Nestlé
Nestlé opens $675M beverage factory, distribution center in Arizona
The facility, which is creating 300 jobs, will produce creamers for several brands, including Coffee mate, Natural Bliss and Starbucks.
By Christopher Doering • Jan. 31, 2025 -
Spencer Platt via Getty Images
What food and beverage stakeholders need to know for 2025
Analysts say the adoption of GLP-1 drugs, the expansion of AI and the growth of multi-billion-dollar M&A deals chart an unpredictable path for the industry this year.
By Food Dive staff • Jan. 31, 2025 -
jenifoto via Getty Images
‘Topsy-turvy’ Super Bowl food prices reflect volatile market: Wells Fargo
While consumers are willing to pay more for some items, they are being more choosy about which ones to purchase, according to the bank’s chief agricultural economist.
By Chris Casey • Jan. 30, 2025 -
Courtesy of Celsius Holdings
Celsius positioning beverage as a ‘lifestyle’ brand with products that go beyond energy
The company’s first major portfolio expansion is a hydration offering, with plans to enter other categories that connect it with more consumers.
By Christopher Doering • Jan. 29, 2025 -
Courtesy of Bero
How a 40-year beer veteran helped Spider-Man’s Tom Holland launch nonalcoholic Bero
The company’s brewmaster said it has ample room to expand as consumer interest in alcohol-free products grows and larger beer companies fail to fully back their offerings.
By Chris Casey • Jan. 28, 2025 -
Permission granted by Suja Life
Slice Soda returns to shelves as healthier offering
The beverage, once owned by PepsiCo, is tapping into consumer interest in nostalgia and better-for-you products made with real ingredients, probiotics and low amounts of sugar.
By Christopher Doering • Jan. 28, 2025 -
Courtesy of Ferrero
Ferrero buys protein snack company Power Crunch
The purchase expands the Nutella maker's presence in the better-for-you category while increasing its U.S. footprint.
By Christopher Doering • Jan. 24, 2025 -
Permission granted by Savos Brands
The Campbell’s Company names new exec to head meals and beverage unit
Food industry veteran Risa Cretella will oversee a division with more than $5 billion in sales from brands including Rao’s, V8 and Swanson.
By Christopher Doering • Jan. 24, 2025 -
MichikoDesign via Getty Images
The alcohol industry seeks to brew sales growth beyond beer
Manufacturers of Miller High Life and Bud Light are moving into other categories like energy drinks, RTD cocktails and nonalcoholic products to remain relevant as consumer tastes change.
By Chris Casey • Jan. 23, 2025 -
Katie Pyzyk/Food Dive
Packaging materials didn’t cause Walmart broth recall, says TreeHouse Foods
Tetra Pak, which makes the cartons for the recalled broth, said it is not aware of procedural issues on its end.
By Katie Pyzyk • Updated Jan. 29, 2025 -
Retrieved from Danone.
Danone’s yogurt sales surge among US consumers using GLP-1 drugs
Oikos and its other popular brands are seeing a spike in demand as people taking the weight-loss medications turn to the portion-controlled snacks to meet their nutritional needs.
By Christopher Doering • Jan. 22, 2025 -
Permission granted by Danone
Q&AInside the evolution of Danone’s Stōk
The fast-growing beverage has expanded into a cappuccino-inspired cold brew, seasonal flavors and energy, bringing new usage occasions and consumers to the brand.
By Christopher Doering • Jan. 22, 2025 -
Courtesy of Walmart
Private label sales hit record $271B in 2024
All 10 food and nonedible departments tracked by Circana showed store brand dollar growth over 2023, a new report found.
By Catherine Douglas Moran • Jan. 21, 2025 -
Courtesy of Molson Coors
Molson Coors refuses bid by Leinenkugel’s family to buy back plant
The Coors Light producer said it plans to use the Chippewa Falls, Wisconsin, facility as a pilot brewery.
By Chris Casey • Jan. 21, 2025 -
Michael M. Santiago / Staff via Getty Images
PepsiCo sued by FTC for allegedly ‘rigging’ soft drink prices
The agency claims the soda giant gave “unfair” pricing advantages to a larger retailer, forcing consumers to pay more at competing stores. Pepsi “strongly disputes” the allegations.
By Christopher Doering • Jan. 17, 2025 -
Courtesy of Spindrift
Spindrift names former Boston Beer head as CEO, sells majority stake to PE firm
The 15-year-old brand has become popular with consumers who are lowering their sugar intake while prioritizing recognizable ingredients — all without sacrificing a fizzy mouthfeel.
By Christopher Doering • Jan. 16, 2025 -
Thai Phi Le/Food Dive
Anheuser-Busch to launch energy drink through Dana White-backed partnership
Phorm Energy, a collaboration with sports nutrition and supplements company 1st Phorm, is expected to debut this summer.
By Christopher Doering • Jan. 16, 2025 -
Scott Olson via Getty Images
Jack Daniel’s owner to close barrel-making plant, cut more than 600 jobs
The restructuring by Brown-Forman, which is expected to generate up to $80 million in annual savings, comes as inflation and changing consumer tastes cut into spirits sales.
By Chris Casey • Jan. 16, 2025 -
Mat Hayward via Getty Images
Constellation Brands pins hopes on Mexican beers as spirits sales decline
As uncertainty looms around potential tariffs, the brewer’s CEO expressed optimism about the outlook for Modelo, Corona and Pacifico.
By Chris Casey • Jan. 14, 2025 -
Keurig Dr Pepper creates energy drink exec role in leadership refresh
The company also named Eric Gorli as president of its $9 billion U.S. refreshment beverage operation, which includes soft drinks, tea and water.
By Christopher Doering • Jan. 14, 2025
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