Corporate Operations: Page 133


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    Friendly's
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    FDA sends warning letter after listeria found in a Friendly's ice cream factory

    No illnesses or contaminated products have been reported, but inspectors found the same bacteria strain in the facility owned by Dean Foods in 2017.

    By Lillianna Byington • Dec. 12, 2019
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    Retrieved from Nestle on December 11, 2019
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    Nestlé sells US ice cream business to joint venture in $4B deal

    The brands, which include Edy's, Haagen-Dazs and Drumstick, will be purchased by Froneri, an ice cream-focused entity the company created in 2016.

    By Dec. 11, 2019
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    Courtesy of Instacart
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    Trendline

    Top 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
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    Perfect Day
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    Perfect Day closes $140M funding round

    Having raised more than $200 million total, the animal-free dairy protein startup plans to announce commercial partnerships for its products early in 2020.

    By Dec. 11, 2019
  • PepsiCo CMO leaves amid beverage giant's marketing resurgence

    Roberto Rios departs for Schwan's Company at a time when larger investments in media and advertising are bolstering the snack and soft drink maker's bottom line.

    By Peter Adams • Dec. 10, 2019
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    Retrieved from Amazon on December 10, 2019
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    Nestlé looks to functionality and caffeine to refresh its water business

    As sales in the category struggle, the Swiss company will introduce two new lines of the bottled beverage in 2020, Poland Spring energy water and Nestlé Pure Life Plus.

    By Jessi Devenyns • Dec. 10, 2019
  • Storytelling is the top product trend for 2020, Innova says

    The market research firm found companies that establish dialogues with their consumers are the most likely to connect and forge long-term loyalty.

    By Jessi Devenyns • Dec. 10, 2019
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    Public Domain Pictures
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    Canopy Growth taps Constellation Brands' David Klein as CEO

    Mark Zekulin, who became the sole chief executive of the cannabis company when Bruce Linton ​was fired from his position earlier this year, will be stepping down this month.

    By Lillianna Byington • Dec. 9, 2019
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    Ceria
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    Dive Awards

    Startup of the Year: Ceria Brewing Co.

    After launching last year, the fast-growing company has unveiled a lucrative THC-infused craft beer, expanded distribution and debuted a trendy non-infused nonalcoholic ale.

    By Lillianna Byington • Dec. 9, 2019
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    Keebler/Ferrero
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    Dive Awards

    Deal of the Year: Ferrero buys Kellogg's cookie brands

    The $1.3 billion deal brings Keebler and Famous Amos to the maker of Nutella and Ferrero Rocher's portfolio, while the cereal CPG giant can focus on its core business.

    By Lillianna Byington • Dec. 9, 2019
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    Retrieved from Coca-Cola on October 23, 2019
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    Dive Awards

    Executive of the Year: James Quincey, Coca-Cola

    Since he became CEO in May 2017, Quincey has added coffee, sports drinks and sparkling water to its portfolio while innovating some of its key brands such as Diet Coke.

    By Dec. 9, 2019
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    Retrieved from Chobani on October 15, 2019
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    Dive Awards

    Company of the Year: Chobani

    During the last year, the yogurt giant has accelerated innovation beyond its signature Greek variety, expanding into offerings made with plants, oats and nut butters.

    By Dec. 9, 2019
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    Adeline Kon/Food Dive
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    Dive Awards

    The Food Dive Awards for 2019

    From Chobani's innovation in yogurt to Beyond Meat's plant-based disruption, these are the companies and executives that shaped the food industry this year.

    Dec. 9, 2019
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    Disruptor of the Year: Beyond Meat

    The company made 2019 the year of the plant-based burger with products appearing in grocery stores and restaurants nationwide and one of the year's hottest IPOs, which turned the eyes of many toward the segment.

    By Dec. 9, 2019
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    Flickr
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    Barry Callebaut sourcing more than half of its ingredients sustainably

    Antoine de Saint-Affrique, CEO of the chocolate leader, said the company is "well on track" to have 100% produced this way by 2025.

    By Jessi Devenyns • Dec. 5, 2019
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    White Claw / Impossible / Kind
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    White Claw, Impossible Foods and Kind Snacks are among 2019's fastest growing brands

    The food and beverage industry dominated Morning Consult's annual rankings, with 11 of the top 20 spots going to CPG brands and delivery services.

    By Lillianna Byington • Dec. 5, 2019
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    Retrieved from Nestle on December 02, 2019
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    Nestlé brings plant-based meat to iconic brands

    After launching its first beef-like offering under its Sweet Earth banner in October, the food giant is introducing DiGiorno Rising Crust Meatless Supreme and Stouffer's Meatless Lasagna.

    By Dec. 4, 2019
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    Ballast Point
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    Constellation tosses Ballast Point to a Chicago-based craft brewer

    In announcing the sale to Kings & Convicts Brewing Co., the alcohol giant's CEO Bill Newlands said trends have changed dramatically since the company bought the brand for $1 billion in 2015.

    By Dec. 4, 2019
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    Bumble Bee Foods
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    Former Bumble Bee CEO sentenced to 40 months in prison

    Chris Lischewski, who was convicted of conspiring to fix canned tuna prices after a four-week trial in December, was also ordered to pay a $100,000 fine.

    By Lillianna Byington • Updated June 16, 2020
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    Noosa
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    Noosa boosts protein content with launch of HiLo yogurt

    The new brand, which features 12 grams of the essential nutrient and 12 grams of sugar per cup, is aimed at more health-conscious consumers.

    By Jessi Devenyns • Dec. 3, 2019
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    Retrieved from PepsiCo on December 03, 2019
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    PepsiCo buys PopCorners maker BFY Brands

    After the deal is completed, the snacks, which include the popcorn crisps, Flourish Veggie Crisps and Flex Protein Crisps, will operate under the Frito-Lay North America umbrella.

    By Dec. 3, 2019
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    Follow Your Heart
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    Deep Dive

    How to have nearly 50 years of success in plant-based food: Follow Your Heart

    With unflinching ethics and a commitment to sustainability, the company that practically started the animal-free segment grew from a vegetarian lunch counter to a grocery store CPG staple, selling Vegenaise, cheeses and yogurts.

    By Dec. 3, 2019
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    La colombe
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    Molson Coors moves beyond beer with hard coffee launch

    As the popularity of core brews such as Coors Light and Miller Lite wanes, the beverage giant has been expanding into other alcoholic options to grow.

    By Jessi Devenyns • Dec. 3, 2019
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    Voortman
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    Hostess buys cookie maker Voortman for $320M

    The purchase of the wafer and sugar-free cookie company expands the Twinkie manufacturer's reach in sweet baked goods.

    By Updated Jan. 7, 2020
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    Halo Top
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    Halo Top plans Chicago plant closure and layoffs starting next month

    The ice cream maker will permanently close the production facility and cut 28 workers between Dec. 28 and March 13, according to an Illinois WARN notice. 

    By Cathy Siegner • Nov. 27, 2019
  • Report: Goya Foods rejects sale to retain family leadership

    The New York Post quoted sources saying The Carlyle Group, in talks to buy the company, had plans to take charge of the Latin American food giant and eventually take it public.

    By Cathy Siegner • Nov. 27, 2019