Corporate Operations: Page 160


  • Perdue Farms is the latest company to target plant-based meat alternatives

    Chairman Jim Perdue told Bloomberg the company is looking at a variety of non-meat options as potential additions to its chicken and turkey portfolio.

    By Cathy Siegner • Sept. 10, 2018
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    Weis
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    Weis Markets targeted by short seller firm

    Spruce Point Capital Management claims the Pennsylvania-based chain has used "aggressive accounting changes" to boost its financial results.

    By Jeff Wells • Sept. 7, 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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    Whole Foods Market
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    Whole Foods workers aim to unionize

    Employees hope to address conditions they claim have worsened since Amazon's takeover. Both the grocer and Amazon have a history of quashing such efforts.

    By Krishna Thakker • Sept. 7, 2018
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    Flickr
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    FreshDirect CEO abruptly steps down

    Jason Ackerman leaves after 20 years atop the company he helped start. He will be replaced by co-founder David McInerney.

    By Jeff Wells • Sept. 7, 2018
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    Retrieved from PepsiCo on November 01, 2017
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    PepsiCo forms accelerator program in the US

    This marks the snack and beverage company's third major investment in the incubator space this year.

    By Jessi Devenyns • Sept. 7, 2018
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    Hershey
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    As consumers go digital, Hershey makes e-commerce a priority

    Executives at the candy and snack company said online sales are riddled with challenges, including spurring impulse buys and shipping chocolate during the hot summer.

    By Lillianna Byington • Sept. 7, 2018
  • Is climate change a threat to world's cocoa supply?

    With challenges looming, Nestlé, Lindt, Mars, Mondelez and Barry Callebaut have all ramped up their investments and pledges tied to sustainability of the popular crop.

    By Cathy Siegner • Sept. 6, 2018
  • Efforts to curtail dairy consumption should be reconsidered

    Researchers found the category was associated with a 2% lower risk of death from any cause, while consuming mostly cheese led to an 8% drop in mortality.

    By Cathy Siegner • Sept. 6, 2018
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    Buckley Air Force Base
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    MillerCoors eliminates 350 sales jobs as part of reorganization

    The company said the cuts are part of its effort to get business "back on track" as the beer manufacturer struggles with falling sales and changing consumer preferences.

    By Jessi Devenyns • Sept. 6, 2018
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    Flickr
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    Kellogg challenges lawsuit claiming its cereals contain 'toxic' sugar levels

    The company is disputing the class distinction of the suit, while arguing the sweetener found in Frosted Mini-Wheats, Smart Start and Raisin Bran is an ingredient "the body indisputably requires."

    By Emma Liem Beckett • Sept. 6, 2018
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    The J.M. Smucker Co.
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    Discarded Smucker baking brands reorganized into new company

    The new company called Hometown Food, which oversees the Pillsbury, Hungry Jack and Martha White brands, is being run by former executives at Kraft, Mondelez and TreeHouse Foods.

    By Lillianna Byington • Sept. 6, 2018
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    Terrafertil
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    Nestlé may find goldenberry is the next superfood

    The fruit, which is known for its health benefits and versatility as an ingredient in baked goods, salads or eaten by itself, is closely related to the tomato.

    By Sept. 6, 2018
  • Deep Dive

    Spamalot: Consumers can't get enough of the mercilessly mocked meat

    The 81-year old Hormel Foods brand, ridiculed by Monty Python and tied to unwanted email, has remained popular amid shifts toward fresher foods — and record sales are forecast this year. 

    By Sept. 5, 2018
  • Amazon Go rapidly expanding footprint in Seattle with new store

    The e-commerce giant opened a third location of its cashierless convenience concept in the Emerald City just days after opening its second outlet.

    By Dan O'Shea • Sept. 5, 2018
  • Pepsi rushes into football season with experiential Tailgate Tour, video push

    The promotions include prize giveaways, games and performances by the country music duo Locash, along with meet-and-greets with NFL stars.

    By Erica Sweeney • Sept. 5, 2018
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    Retrieved from Walmart on July 30, 2018
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    Walmart pilots its own grocery delivery service

    Spark Delivery will crowdsource drivers and offer live-tracking of deliveries, helping the retailer expand its service to more markets.

    By Emma Cosgrove • Sept. 5, 2018
  • Danone leads $10.6M investment in water startup Mitte

    The tabletop system, which infuses the popular beverage with different levels of minerals from custom cartridges, is planning to sell the product in three U.S. cities in 2019.

    By Lillianna Byington • Sept. 5, 2018
  • H-E-B opens its 10th Central Market store

    The upscale specialty store has expanded at a snail's pace since it launched in 1994, but its experience-focused approach makes it a tough competitor in Texas's most contested markets. 

    By Jessica Dumont • Sept. 5, 2018
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    Retrieved from Nestle on September 04, 2018
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    Nestlé's personalized nutrition pilot taps AI, uses consumer DNA

    About 100,000 subscribers are sharing information with the company on their diet and health practices. The information is then used to tailor food products to meet those specifications.

    By Cathy Siegner • Sept. 5, 2018
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    Public domain pictures
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    Deep Dive

    Why an M&A storm is brewing in the coffee market

    As consumer demand for premium, on-the-go java skyrockets, Big Food companies such as Nestlé and Coca-Cola are expanding their presence in the space, spending more than $12 billion this year alone.

    By Emma Liem Beckett • Sept. 4, 2018
  • Kombucha aims to cash in on cans to broaden reach

    The fermented tea's traditional glass bottles give it premium positioning, but more convenient packaging could help capture more mainstream consumers. 

    By Emma Liem Beckett • Sept. 4, 2018
  • Walmart's online shoppers find more products 'out of stock'

    Groceries and other items deemed too expensive to ship are being listed as unavailable as the retail giant adjusts its supply chain and logistics operations.

    By Lillianna Byington • Sept. 4, 2018
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    Retrieved from Walmart on April 06, 2018
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    Walmart invests $41M in new fulfillment center

    The warehouse will be built in Bullitt County, Kentucky and will be dedicated to fulfilling online orders for Walmart.com and Jet.com.

    By Krishna Thakker • Sept. 4, 2018
  • Tops Markets sees light at the end of the bankruptcy tunnel

    The Northeastern chain said it received court approval on a union pension agreement and the closure of 10 underperforming stores.

    By Jeff Wells • Sept. 4, 2018
  • Coca-Cola buys Costa Coffee for $5.1B

    The soda giant's purchase of the world's second biggest coffee chain is the latest in a wave of big companies perking up with acquisitions.

    By Lillianna Byington • Aug. 31, 2018