Corporate Operations: Page 146


  • Column

    Leftovers: French's scoops mustard-flavored ice cream; Baby Shark comes to breakfast bowls

    McCormick & Co. and Coolhaus are partnering on a bright yellow frozen dessert based on the condiment, and fall is coming even earlier this year with the launch of Pumpkin Spice Latte creamers. 

    By Food Dive staff • Aug. 2, 2019
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    Pact
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    Why Tyson is developing the functional snack Pact

    The protein giant has been looking elsewhere to continue its growth, and this new brand will be full of health-minded consumers' favorite ingredients. 

    By Jessi Devenyns • Aug. 2, 2019
  • Trendline

    Getting reformulation right: How food companies are rethinking ingredients to meet consumer demand

    Ingredient suppliers and companies like PepsiCo and Conagra are working closer together to overhaul brands to cater to a rise in healthy eating and expanding GLP-1 use. 

    By Food Dive staff
  • Tomato harvesting robot grows $1.5M in seed funding

    Israeli startup MetoMotion plans to use the investment to bring its first product to market and offer vegetable farmers a solution to today's labor shortage.

    By Cathy Siegner • Aug. 2, 2019
  • Survey: 1 in 5 US adults fear their diet could kill them

    The nationwide study by Spoon Guru revealed 40% of American consumers worry they will develop serious illnesses because of unhealthy eating.

    By Cathy Siegner • Aug. 1, 2019
  • Manischewitz to sell its kosher food business to Kayco

    After a number of ownership changes during its long history, the well-known manufacturer of Jewish foods is being acquired by one of the largest kosher food distributors. 

    By Cathy Siegner • Aug. 1, 2019
  • Impossible Burgers are coming to grocery shelves in September

    The plant-based burger maker announced a large co-packing agreement with OSI Group and received FDA approval for the soy-derived "bleeding" ingredient to be used as a colorant.

    By Jessi Devenyns • Aug. 1, 2019
  • Molson Coors CEO retires as US sales continue to slide

    Mark Hunter's departure comes as the alcohol giant struggles to premiumize and modernize its portfolio and move beyond beer with nonalcoholic cannabis-infused beverages.

    By Aug. 1, 2019
  • Caffeinated bar maker Verb Energy raises $3.5M to expand

    The company plans to use the funding to hire more staff, develop additional energy products and grow its text-message-based subscription program.

    By Cathy Siegner • July 31, 2019
  • Rising aluminum costs hit Heineken

    It has been an issue for beer makers for several quarters, but other companies' troubles come from a different source.

    By Emma Cosgrove • July 31, 2019
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    Retrieved from Nestle on July 30, 2019
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    Report: Nestlé, Danone and Yili are the world's most valuable food brands

    Performance, business strategy, acquisitions and product quality kept these companies at the top of Brand Finance's annual rankings.

    By Cathy Siegner • July 31, 2019
  • Beyond Meat's restaurant and foodservice revenue skyrockets 486%

    The division raked in $53.8 million in the first half of the year, driving half of the plant-based company's revenue just three months after its IPO. 

    By July 30, 2019
  • Pabst Blue Ribbon tests hard coffee in 5 states

    The new product, which has a 5% ABV and is made from coffee and fermented malted barley, is being sold in Florida, Georgia, Maine, New Jersey and Pennsylvania.

    By Cathy Siegner • July 29, 2019
  • PepsiCo takes 26% stake in Chinese natural food firm

    The beverage giant is buying a minority share in Natural Food International Holding for $131 million, which is part of a larger growth strategy in China.

    By Cathy Siegner • July 29, 2019
  • Dean Foods replaces CEO with Eric Beringause amid continued struggles

    Ralph Scozzafava is stepping down from the top spot after two years in the role and his successor is tasked with turning around the company.

    By Lillianna Byington • July 29, 2019
  • Coca-Cola and PepsiCo exit plastic lobbying group amid environmental concerns

    The two soft drink giants have great influence within the industry and the move may encourage other companies to follow suit.

    By Jessi Devenyns • July 26, 2019
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    Kellogg
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    Column

    Leftovers: Cheez-It pairs up with House Wine; Tyson turns its chicken into chips

    The Any'tizers Chicken Chips come in BBQ, Ranch, and Cheddar & Sour Cream flavors, and Kellogg is throwing itself a party with a limited-edition Froot Loops Birthday Cake variety.

    By Food Dive staff • July 26, 2019
  • Study links spicy food to memory loss

    This is the first time researchers have looked at the connection between chili consumption and cognitive function.

    By Cathy Siegner • July 25, 2019
  • Opinion

    Crisco decision adds to conflicting case law over lab testing results

    When plaintiffs claim laboratory tests confirm a manufacturer deceptively labeled its food, three attorneys from McGuireWoods argue companies justifiably believe they are entitled to details about those tests.

    By James Neale, Trent Taylor and Ben Abel • July 25, 2019
  • Campbell Soup sells Arnott's to KKR for $2.2B

    The private equity firm that purchased Unilever's spreads division will also own the Australian snacks maker after negotiations with Mondelez fell through.

    By Jessi Devenyns • Updated Aug. 2, 2019
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    Ore-ida
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    Report: Kraft Heinz puts asset sales on hold

    Sources told CNBC the company has pulled back on plans to sell its Breakstone's brand of cottage cheese, butter and sour cream, the Plasmon baby food business and Ore-Ida frozen potato brand.

    By Cathy Siegner • July 25, 2019
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    Conagra
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    Conagra uses AI to identify trends and develop new products

    Artificial intelligence sped up R&D dramatically, leading to items based on data launching in just a few weeks. 

    By Jessi Devenyns • July 24, 2019
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    Retrieved from Starbucks on July 22, 2019
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    Nestlé launches Starbucks creamers inspired by its signature drinks

    This is the fourth new product since the Swiss CPG giant purchased the right to sell some of the coffee chain's branded products in grocery stores last August.

    By Jessi Devenyns • July 23, 2019
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    Borden
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    Deep Dive

    With the dairy industry in a sour state, Borden CEO plots comeback for one-time milk giant

    In its heyday, the Texas company posted $7 billion in sales and was the nation's largest dairy producer. Today, revenue sits at $1.2 billion and its reach spans just 13 states.

    By July 23, 2019
  • Coca-Cola invests $20M in Health-Ade Kombucha

    The move builds on previous investments the soda giant made to expand its portfolio to become a "total beverage company."

    By Cathy Siegner • July 22, 2019
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    Sweet Reason
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    CBD sparkling water maker Sweet Reason raises $2.5M

    The startup joins a growing number of food and beverage manufacturers looking to sell products with the controversial ingredient despite a lack of regulatory clarity from the FDA.  

    By July 22, 2019