Corporate Operations: Page 158
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Mars hopes to sow Seeds of Change through its new food-focused accelerator
The program will initially pick six U.S. and four Australian startups, with each receiving a grant of up to $50,000 and undertaking a four-month program to scale its operations.
By Cathy Siegner • March 6, 2019 -
Deep Dive
Cereal sweetens the deal, adding indulgent varieties to attract consumers
Sour Patch Kids, Hostess Honey Buns, Churros, Nutter Butters and Peeps are now appearing in breakfast bowls.
By Lillianna Byington • March 5, 2019 -
Explore the Trendline➔
Courtesy of PIPA
TrendlineGetting reformulation right: How food companies are rethinking ingredients to meet consumer demand
Ingredient suppliers and companies like PepsiCo and Conagra are working closer together to overhaul brands to cater to a rise in healthy eating and expanding GLP-1 use.
By Food Dive staff -
Report: USDA to release new food safety guidelines for meat companies
Amid a rise in recalls, an official told Reuters that companies will be required to start internal investigations when consumers complain and notify the government within 24 hours.
By Lillianna Byington • March 5, 2019 -
Budweiser teams up with Coleman Natural to launch beer-basted meat line
Following five years of volume declines of the alcoholic beverage, more partnerships and innovations are cropping up in the space to improve sales and withstand mounting competition.
By Jessi Devenyns • March 5, 2019 -
Farmstead partners with Kraft Heinz to expand inventory
The company is adding pantry staple classics including Jell-O and Kraft Mac & Cheese to provide one-stop online grocery shopping.
By Lauren Manning • March 5, 2019 -
Kellogg rolls out MorningStar Farms vegan Cheezeburger
The new burger will debut this week at Expo West and is part of the legacy plant-based line's plan to be completely animal product free by 2021.
By Cathy Siegner • March 4, 2019 -
Report: Ferrero and Mondelez seen as frontrunners to buy Campbell Soup's Arnott's
All official bids for the dominant player in Australia's biscuits segment — said to be worth about $3 billion — need to be received by March 20.
By Jessi Devenyns • March 4, 2019 -
Deep Dive
Big Food turns to small deals as major M&A transactions likely to pause in 2019
After completing larger transformational buys in 2018, companies such as Campbell Soup, General Mills, Hershey and Conagra will focus on digesting the purchases and lowering their debt levels.
By Christopher Doering • March 4, 2019 -
Moringa superfood producer Kuli Kuli gets $5M in funding led by Kellogg
Founder Lisa Curtis said the investment will help her nascent company launch its new ingredient business while continuing to scale its powder, bar and shot offerings.
By Jessi Devenyns • March 1, 2019 -
Opinion
How blockchain can protect reputations and attract committed customers
Amid the uptick in recent recalls, Anant Kadiyala of Oracle writes blockchain technology can help businesses regain and reinforce trust from the public.
By Anant Kadiyala • March 1, 2019 -
Column
Leftovers: A (100th!) birthday CupCake, grain-free pretzels offer a new twist on classic snacks
Hostess celebrates its centennial with sprinkles, and everything about Martha Stewart's new partnership is pretty fishy.
By Food Dive staff • March 1, 2019 -
Brown-Forman taps into data analytics to launch rye whiskey brand
The maker of Jack Daniel's, Old Forester and Woodford Reserve used consumer, production and sales data to determine if the U.S. market had room for another beverage line.
By Cathy Siegner • Feb. 28, 2019 -
Good Culture raises $8M to expand cottage cheese distribution
The company, which has grown 500% in four years and is now in more than 11,000 stores nationwide, has received investments from General Mills' 301 Inc.
By Jessi Devenyns • Feb. 28, 2019 -
Retrieved from TreeHouse Foods on July 01, 2016
TreeHouse Foods CEO: Customers couldn't trust our 'ability to execute'
With CEO Steve Oakland at the helm, the private label food manufacturer has closed plants, reduced its SKUs and changed how it sells products in a bid to reverse a multi-year decline in sales.
By Christopher Doering • Feb. 28, 2019 -
Ingredion touts its 'tools in the toolbox' to address changing consumer trends, CEO says
Jim Zallie said on-the-go consumption as well as low sugar and plant-based options have created "tremendous growth opportunities" for his company.
By Christopher Doering • Feb. 28, 2019 -
Gingko Bioworks uses $90M funding round to launch ingredients firm Motif
The new company, backed by an investment firm with Bill Gates, Jeff Bezos and Michael Bloomberg on its board, will use biologic engineering to recreate proteins from dairy, egg and meat to use in plant-based alternatives.
By Cathy Siegner • Feb. 27, 2019 -
Dean Foods explores 'strategic alternatives,' including sale
The company, which owns more than 50 dairy brands, private labels and legacy products, reported a net income loss of $260.1 million in fourth quarter earnings Wednesday.
By Lillianna Byington • Feb. 27, 2019 -
Campbell Soup announces sale of Garden Fresh Gourmet as Q2 results top expectations
The New Jersey company said consumers purchased more V8 and Pepperidge Farm products during the quarter, while buying less Prego, fresh items and condensed soups.
By Christopher Doering • Feb. 27, 2019 -
Why lab-created milk is a threat to dairy farmers
While plant-based alternatives are stealing market share from creameries, California-based Perfect Day could hold the key to the largest decline of all.
By Cathy Siegner • Feb. 26, 2019 -
Danone tops ranking of food companies based on environmental footprint
When it comes to preparation for integrated sustainability, a report found the French company is at the top for readiness to transition to a low-carbon economy, while Kraft Heinz ranked last.
By Jessi Devenyns • Feb. 26, 2019 -
Kraft Heinz considers options for Maxwell House, including sale
CNBC said the 127-year old brand, which could fetch $3 billion from a buyer, may be the first in a series of divestitures for the troubled CPG giant.
By Christopher Doering • Feb. 25, 2019 -
Campbell inks deal to sell refrigerated soup factory
The 225,000-square-foot plant in Everett, Washington, is being bought by an affiliate of Seattle-based Joshua Green Corporation, a private investment firm.
By Cathy Siegner • Feb. 25, 2019 -
Deep Dive
After cost cutting, Big Food builds its future on investing for growth
Companies such as General Mills, Kellogg and Mondelez are back to spending in an effort to reignite sales, compete with more nimble upstarts and keep up with shifting consumer tastes.
By Christopher Doering • Feb. 25, 2019 -
Califia Farms to unveil line of protein-enriched oat beverages
The company will debut three varieties of its Übermilk beverage this spring, all with less sugar and more fiber, calcium and vitamin D than the same amount of 2% dairy milk.
By Cathy Siegner • Feb. 22, 2019 -
Kraft Heinz shares plunge more than 28% after $12.6B loss, SEC investigation and dividend cut
The CPG giant left markets reeling as it dropped a bombshell of an earnings report — yet company leaders are optimistic about the future.
By Megan Poinski • Feb. 22, 2019