Beyond Meat's future has ties to a successful tea maker

Seth Goldman founded organic tea maker Honest two decades ago. Today, he has an executive role at the maker of plant-based products and notes the many similarities between the two companies.

By Christopher Doering • Nov. 26, 2018

Hormel beats income expectations boosted by increases in refrigerated foods

The company reported net income of $261.4 million — or 48 cents per share — in the fourth quarter, up from $218.2 million last year.

By Lillianna Byington • Nov. 20, 2018

Explore the 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

Tofurky moves to the center of the Thanksgiving feast

Many saw the product as a joke when it was first introduced in 1995, but it's sold 5 million roasts — and is on track to continue its success as more consumers embrace plant-based diets.

By Cathy Siegner • Nov. 20, 2018

Campbell Soup Q1 profit slides as key shareholder vote looms

The company, which is engaged in a bitter proxy fight with hedge fund Third Point, said soup sales fell 6% during the quarter but are showing signs of improving.

By Christopher Doering • Nov. 20, 2018

Report: TreeHouse looks to sell its trail mix business

Sources told The New York Post the private label manufacturer could get significantly less than the $860 million it paid to buy Flagstone Foods in 2014.

By Lillianna Byington • Nov. 19, 2018

Schwan's sells 80% of company to South Korean firm for $1.8B

After 66 years, one of the largest privately held companies in America sold a majority share to an international buyer, hoping for expansion. 

By Jessi Devenyns • Nov. 19, 2018

Just in time for Thanksgiving: Ground turkey recall linked to salmonella outbreak

Jennie-O has recalled about 147,276 pounds of ground turkey linked to a salmonella outbreak that has so far resulted in 164 illnesses, 63 hospitalizations and one death.

By Cathy Siegner • Nov. 19, 2018

Plant-based food maker Beyond Meat files for $100M IPO

The California company would go public as people look to eat healthier and protect animals and the environment — spurring demand for its products.

By Christopher Doering • Nov. 19, 2018

Startups targeting food waste reduction raise $125M this year

Foundation grants for groups dedicated to this issue hit $134 million from January through September 2016, a 70% jump over five years.

By Cathy Siegner • Nov. 16, 2018

It's slime time: Jell-O Play introduces edible ooze

Two made-for-social-media versions of the new product from Kraft Heinz's Springboard Brands are hitting shelves and the Internet.

By Nina Sparling • Nov. 16, 2018

Post Holdings sees Q4 growth, plans IPO for nutrition segment

Post will sell about a fifth of the ownership of the new public company and expects to complete the spinoff in the second half of fiscal year 2019.

By Lillianna Byington • Nov. 16, 2018

Why Coca-Cola shouldn't try to ride the CBD high

As more beverage companies buy into the cannabis industry, business student Maggie Chen writes that the soft drink company should duck out because of legal technicalities and potentially disastrous effects on its brand.

By Maggie Chen • Nov. 16, 2018

Taste predictor Gastrograph closes $4M investment

The company collects data about how people perceive flavors and then uses artificial intelligence to determine how a demographic might respond to a food product. 

By Jessi Devenyns • Nov. 15, 2018

US pork and beef demand fattens up — and consumers chicken out

A side effect of the Trump administration's trade war is that less meat is being exported — increasing supplies and reducing prices domestically.

By Nina Sparling • Nov. 15, 2018

Food companies not doing enough to help consumers eat healthy, study finds

The Access to Nutrition Foundation found items from the largest manufacturers that are billed as better-for-you aren't always affordable — and some don't always actually have wellness benefits.

By Lillianna Byington • Nov. 15, 2018

Kellogg launches new cereal to support digestive health

HI! Happy Inside, which contains prebiotics, probiotics and fiber, has a much higher price tag than most, costing $12.99 at some retailers.

By Cathy Siegner • Nov. 15, 2018

Tyson forecasts top food trends for 2019

The company's first annual Trendtellers Council highlighted personalization to promote health, smart technology and food as a form of self-expression.

By Cathy Siegner • Nov. 15, 2018

Plant-based eating makes consumers feel healthier, study says

Nearly 60% said the switch was permanent — or they hoped it was — and taste is the main reason why more people haven't taken up this diet.

By Cathy Siegner • Nov. 14, 2018

KIND bars shrink to new snack size

The popular nut and grain bars have a new 100-calorie variety that is essentially half the size of their classic product.

By Nina Sparling • Nov. 14, 2018

Blue Apron lays off 4% of workers as more users abandon service

The meal kit maker posted disappointing figures across all key metrics, including a decline in orders per customer and average revenue per customer.

By Christopher Doering • Nov. 14, 2018

Mondelez cuts ties with 12 palm oil suppliers, citing deforestation

The food giant recognizes a "gap" between its current palm oil supply chain state and its goal of 100% sustainability and transparency.

By Shefali Kapadia • Nov. 13, 2018

Tyson's Q4 earnings miss expectations, hurt by lower prices

The company's sales dropped 1.4% to $10 billion, and average prices for its products fell 4.1%.

By Lillianna Byington • Nov. 13, 2018

Kellogg plans to sell Keebler bakery brands and cookie business

The cereal and snacks company — which made dramatic personnel cuts to shore up its bottom line in 2017 — says that divesting the sweets can help it focus on its core business.  

By Megan Poinski • Nov. 13, 2018

PepsiCo names first participants in its US accelerator

The program — launched soon after its separate innovation hub became established — is six months of mentoring, advice and a potential $120,000 grant.

By Cathy Siegner • Nov. 13, 2018

Start me up: How big food companies' incubator programs help new companies get going

Most manufacturers have a division dedicated to assisting young, trendy brands in their journey toward success — and maybe an eventual acquisition.

By Megan Poinski • Nov. 12, 2018