Corporate Operations: Page 154
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JBS recalls 6.9M pounds of beef linked to salmonella outbreak
Meat from an Arizona plant has been linked to 57 illnesses in 16 states and 14 hospitalizations, according to the CDC.
By Cathy Siegner • Oct. 5, 2018 -
Retrieved from PepsiCo on October 05, 2018
Quaker testing grab-and-go breakfast kits
PepsiCo's oatmeal brand was also an early mover in delivered options to help consumers put together the first meal of the day.
By Jacqueline Renfrow • Oct. 5, 2018 -
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 -
Retrieved from General Mills on October 04, 2018Column
Leftovers: Silly people! Fruit-shaped Trix and beer are for breakfast!
Food Dive is launching a column looking at the new products appearing on shelves everywhere, starting with options for the morning and food showing some new color.
By Food Dive staff • Oct. 5, 2018 -
Campbell Soup may sell Fresh division to former Bolthouse CEO
The soup maker, which purchased the business for $1.55 billion in 2012, could now get between $500 million and $700 million for the entire unit, according to The Wall Street Journal.
By Christopher Doering • Oct. 4, 2018 -
Beer and cannabis investment drive Constellation earnings skyward
Corona Premier, aimed at sophisticated millennial drinkers, continued to prove there is room for growth in the premium light beverage category.
By Robert Williams • Oct. 4, 2018 -
Deep Dive
M&A helps food and grocery companies do everything better
Adding trendy products? Reacting quickly to consumer feedback? Delivering groceries and ready-made meals to consumers' doors? Through acquisitions, some of the biggest industry players have added these capabilities.
By Jessi Devenyns • Oct. 4, 2018 -
Dairy executives say they're 'not ready to celebrate' USMCA
Although the industry is praising the new agreement, CEOs arrived on Capitol Hill this week to talk about how exporters are still hurting from Mexican tariffs and labeling struggles.
By Lillianna Byington • Oct. 4, 2018 -
Nestlé nibbles on healthy snacking and plant-based food startups
The Swiss firm is working with Jackson's Honest, Miyoko's and Here, small companies whose products lack GMOs, come from plants or help local farmers.
By Christopher Doering • Oct. 4, 2018 -
Food firms aren't doing enough to end forced labor, report finds
KnowTheChain's second benchmark report gave Unilever the top score for its efforts to address unethical labor practices in its supply chain.
By Cathy Siegner • Oct. 3, 2018 -
McCormick CEO: M&A will be key to meeting consumer demand for flavor
Last July, the Maryland company purchased Reckitt Benckiser's food division for $4.2 billion, adding the iconic French's mustard and Frank's RedHot brands to its portfolio.
By Christopher Doering • Oct. 3, 2018 -
Third Point pushes to replace Campbell Soup's board
The activist investors say that poor leadership and decisions are keeping the CPG's stock price low, and it could fetch a takeover value of $58 per share.
By Jacqueline Renfrow • Oct. 2, 2018 -
Hostess plans new products in breakfast and snacking categories
The company emphasizes innovation with its Bakery Petites products, as well as convenient, grab-and-go breakfast items such as Danish pastries and cinnamon rolls.
By Cathy Siegner • Oct. 2, 2018 -
PepsiCo earnings beat expectations, boosted by North American beverage unit
After fighting for years to keep snacks and beverages in the same portfolio, CEO Indra Nooyi is vindicated with this quarter's growth as she exits her role.
By Jessi Devenyns • Oct. 2, 2018 -
QSR efforts to make healthy kids' meals aren't changing eating habits
New research from the University of Connecticut finds that although more chains are offering options like yogurt and fruit, kids are still eating less-healthy menu items.
By Alicia Kelso • Oct. 1, 2018 -
Will sales at Walmart bring algae oil into the mainstream?
The product has more monounsaturated fat than any other cooking oil, a higher-than-normal smoke point and no trans fats.
By Cathy Siegner • Oct. 1, 2018 -
Hershey targeting M&A in bid to boost presence in the burgeoning snack space
Fresh off its $420 million purchase of Pirate Brands last month, the company's U.S. president said the maker of Kisses and Reese's has "a growth ambition across all components of snacking."
By Lillianna Byington • Oct. 1, 2018 -
McDonald's removes artificial ingredients from hamburgers
The fast-food giant is answering consumer demand for cleaner foods, phasing out artificial preservatives, flavors and colors from its signature menu item.
By Jacqueline Renfrow • Sept. 28, 2018 -
Publix to expand headquarters and add 700 corporate jobs
The project will increase office space at its Lakeland, Florida, HQ by more than 50% and be completed by 2027.
By Jeff Wells • Sept. 28, 2018 -
Report: 1 in 5 people switching grocers choose Aldi
The German discounter's store expansion and remodeling campaign in the U.S. are already having a big impact on conventional and big-box grocers.
By Jacqueline Renfrow • Sept. 28, 2018 -
Hormel introduces podcast highlighting social responsibility efforts
The company launched a 10-episode series featuring discussions with master chefs, entrepreneurs, food scientists and employees.
By Cathy Siegner • Sept. 28, 2018 -
An inside look at Hershey's new 53-foot mobile research center
The 18-wheel semi is stopping at U.S. convenience stores as the confectioner responds to an increase in snacking and growth in online sales.
By Lillianna Byington • Sept. 28, 2018 -
Retrieved from Walmart on September 28, 2018
Proposed pickup-only store continues Walmart's omnichannel push
The retailer, which has tested the concept near its headquarters in Arkansas, plans to open a location just outside Chicago in spring 2019.
By Alicia Kelso • Sept. 28, 2018 -
PepsiCo drops palm oil supplier known for human rights abuses
The company's move against Indofood follows similar announcements from Cargill and other traders and processors of the ingredient.
By Cathy Siegner • Sept. 27, 2018 -
Keurig Dr Pepper to buy premium water brand CORE Nutrition for $525M
The company's investment in the trendy bottled water space pits it against industry giants Coca-Cola and PepsiCo.
By Krishna Thakker • Sept. 27, 2018 -
Functional benefits, convenience give jolt to ready-to-drink cold coffee
The segment is rapidly growing as people look to antioxidants, added probiotics and other innovations in the popular beverage, according to a Mintel study.
By Jessi Devenyns • Sept. 27, 2018