Corporate Operations: Page 157
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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 -
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 -
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 -
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 -
McCormick benefits from demand for global flavor
Double-digit sales increases led by the company's acquisition of French's mustard and Frank's RedHot sauce show a bright future for the flavors and spices giant.
By Jessi Devenyns • Sept. 27, 2018 -
Conagra earnings miss expectations, sending stock tumbling
The Chicago CPG firm said costs incurred from its string of acquisitions and divestitures have weighed on profits.
By Emma Liem Beckett • Sept. 27, 2018 -
Foster Farms to put QR codes on all fresh chicken packaging
The new technology called DORI — an acronym for deals, origin, recipes and information — addresses consumer demand to know more about food.
By Jacqueline Renfrow • Sept. 26, 2018 -
Retrieved from Kroger on August 23, 2017
What's in a name, anyway? Kroger rebrands ClickList
The company decided to call it Grocery Pickup to better inform shoppers about the service and what it offers.
By Jeff Wells • Sept. 26, 2018 -
Spangler Candy buys most popular Necco brands
The Ohio-based candy maker said it will renovate 20 acres of adjacent business property and start manufacturing Sweethearts, Necco wafers and Canada Mints.
By Cathy Siegner • Sept. 25, 2018 -
Dunkin Donuts introduces new line of canned coffee
The chain's Shot in the Dark drinks bolsters its foothold in the RTD segment as consumer demand for gourmet coffee and convenience grows.
By Jacqueline Renfrow • Sept. 25, 2018