Corporate Operations: Page 154


  • 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
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    Retrieved from PepsiCo on October 05, 2018
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    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
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    Retrieved from General Mills on October 04, 2018
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    Column

    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 Oct. 4, 2018
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    corona
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    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
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    Adobe Stock
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    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
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    Lillianna Byington
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    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
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    Miyoko's
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    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 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
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    Christopher Doering
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    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 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
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    The Hershey Company
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    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
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    Getty Images
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    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
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    Lillianna Byington
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    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
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    Retrieved from Walmart on September 28, 2018
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    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
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    Megan Poinski
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    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
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    Christopher Doering
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    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