Corporate Operations: Page 154
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Smucker overhauls marketing to spur growth and better target consumers
Geoff Tanner, a senior vice president at the maker of jam, Jif peanut butter and Folgers coffee, said shoppers want a personalized experience and a brand that stands for something.
By Christopher Doering , Erica Sweeney • Nov. 2, 2018 -
Hershey's new supply chain recipe
A modern Hershey is an expensive Hershey, but as long as sales are growing execs still say things are sweet.
By Emma Cosgrove • Nov. 2, 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 -
Noosa may expand into other categories after merger with Sovos Brands
Officials with the yogurt company said after being bought by the private equity-funded firm that it will maintain the same brand identity and types of full-fat, super-premium products with which consumers are familiar.
By Cathy Siegner • Nov. 2, 2018 -
Kraft Heinz posts lopsided results, with higher sales and lower revenues
While earnings dropped at the CPG giant, execs seemed upbeat, saying one-time expenses dragged down the bottom line, which they expect to grow in coming quarters.
By Megan Poinski • Nov. 2, 2018 -
Consumers seek out fortified foods and beverages to improve health
Dairy-based drinks, cheese, yogurt and ice cream now include added ingredients such as fiber, minerals, omega-3 fatty acids, plant extracts, probiotics, protein and vitamins.
By Cathy Siegner • Nov. 1, 2018 -
Mama algae: Researchers say they can manufacture proteins found in human breast milk
Triton Algae Innovations of San Diego said it has developed a proprietary method that could disrupt the infant formula market.
By Cathy Siegner • Nov. 1, 2018 -
Retrieved from TreeHouse Foods on July 01, 2016
TreeHouse Foods' net sales plummet 10% in Q3
The private label manufacturer's net revenue missed analyst expectations this quarter and the company narrowed its adjusted earnings guidance for the year as a result.
By Lillianna Byington • Nov. 1, 2018 -
PepsiCo debuts lineup of children's yogurt and cheese snacks
The Imagine treats will help the company expand its better-for-you offerings in the snacking segment and respond to consumer demand for more than sugary sodas.
By Cathy Siegner • Nov. 1, 2018 -
Coca-Cola launches Global Ventures group to integrate acquisitions
President and CEO James Quincey said the new unit will make sure the company can adequately connect with and globally scale its key purchases, investments and partnerships.
By Cathy Siegner • Nov. 1, 2018 -
From plants to traditional dairy, Danone exec touts 'big runway' for growth
Mariano Lozano, CEO of the company's North American division, said its product offerings enable it to "navigate some challenging times," but at least one analyst says this strategy is not without risk.
By Christopher Doering • Nov. 1, 2018 -
Despite a boost from RXBAR, Kellogg says operating profit will be flat this year
New on-the-go snack packages and higher shipping costs led to a 2.6% decrease in adjusted operating profit during the quarter for the Michigan manufacturer best known for its cereals.
By Jessi Devenyns • Oct. 31, 2018 -
Retrieved from PepsiCo on October 31, 2018
PepsiCo fights for protein with Health Warrior acquisition
The maker of plant-based bars and mixes will be the first company in the snack and soda giant's new accelerator program, The Hive.
By Megan Poinski • Oct. 31, 2018 -
Molson Coors revenues are up, but faces challenges plaguing the US beer market
As brand volume in the United States fell 3.3%, CEO Mark Hunter said the brewer is committed to improving the performance of Coors Light and accelerating the "premiumization of the portfolio."
By Christopher Doering • Oct. 31, 2018 -
B&G misses Q3 expectations, but gets a boost from Green Giant
The company is still adjusting to its $420 million sale of Pirate Brands to Hershey this month and had to change its sales expectations for the year.
By Lillianna Byington • Oct. 31, 2018 -
Column
Comic Dive: Night of the Living Brand
It's scary for brands as consumer preferences and technology evolve. Some may make it out alive but others will live on only in memory.
By John Hazard and Lisa Burdige • Oct. 30, 2018 -
Clear Labs closes $21M funding round to advance food safety solutions
The company plans to use the money to expand features and increase commercialization of its testing platform, which uses targeted next-generation sequencing to find and track pathogens.
By Cathy Siegner • Oct. 30, 2018 -
Q&A
Mars Wrigley's chief Halloween officer answers our burning candy marketing questions
In an emailed conversation, Victor Mehren — COO by day — explains the unique challenges and opportunities for the company behind iconic treats like M&M's, Snickers and Skittles.
By Peter Adams • Oct. 30, 2018 -
Deep Dive
How M&A brings new products and fresh insight to Big Food
From knowledge about plant-based foods to sourcing organic crops, buyers are looking for more than cost savings when they make a purchase — but those benefits can sometimes be hard to find.
By Christopher Doering • Oct. 30, 2018 -
Mondelez looks at raising prices and snack innovation as sales continue to slow
The maker of Oreos and Wheat Thins said net revenue fell 3.7% to $6.29 billion in Q3, missing analyst expectations.
By Lillianna Byington • Oct. 30, 2018 -
Coca-Cola income surges amid strong demand for soda
During the third quarter, the Atlanta beverage giant said sales of sparkling soft drinks rose 2%; water, enhanced water and sports drinks grew 5%; while tea and coffee declined 2%.
By Christopher Doering • Oct. 30, 2018 -
Blue Apron to sell meal kits on Walmart's Jet.com
The struggling provider will offer four choices to customers in New York City and neighboring northern New Jersey starting at $16.99 beginning today.
By Christopher Doering • Oct. 29, 2018 -
Hain Celestial names former Pinnacle exec as CEO
Will Mark Schiller, who takes the helm of the natural and organic CPG company from founder Irwin Simon next month, be angling for improvement or an eventual sale?
By Megan Poinski • Oct. 29, 2018 -
Food and beverage manufacturers latch on to popularity of ethnic flavors
What was once a niche market has become a sought-after segment that is driving flavor innovation in the ready-to-eat meal and snack categories.
By Jessi Devenyns • Oct. 29, 2018 -
Column
Halloween at Hershey: A trick or a treat?
Walking into a chocolate factory a week before Halloween offers an interesting window into what a well-planned peak season should feel like.
By Emma Cosgrove • Oct. 26, 2018 -
Boston Beer Q3 revenue up 24% with growth in its non-beer portfolio
Truly Spiked & Sparkling, Twisted Tea and Angry Orchard brands continue to be bright spots in its earnings, and offset decreases from Samuel Adams.
By Lillianna Byington • Oct. 26, 2018