Corporate Operations: Page 161
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Constellation blazes trail in marijuana, investing $3.9B more in Canopy Growth
The maker of Corona and Modelo beer is increasing its ownership in the Canadian cannabis firm to 38%, a move that could keep it at the forefront of this budding industry.
By Emma Liem Beckett • Aug. 15, 2018 -
Heineken CFO: To do well in today's beer market, think locally
The fiscal head of the world's second-largest brewer told The Wall Street Journal they are focusing on brands with a defined personality and story.
By Cathy Siegner • Aug. 15, 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 -
Kroger chops prices in Wisconsin stores
The company lowered costs for thousands of items at Pick n' Save, Metro Market and Copps stores, attempting to hold onto its lead in the state.
By Krishna Thakker • Aug. 15, 2018 -
Retrieved from Kroger on January 30, 2018
Can Kroger's private label products succeed in China?
The grocer announced Tuesday it will begin selling dietary supplements and store brands like Simple Truth on Alibaba's Tmall marketplace.
By Jeff Wells • Aug. 15, 2018 -
Workers gain raises as Big Food struggles to fill processing jobs
Finder.com said these employees received one of the largest pay increases in 2017 with the median salary rising to $35,152, a jump of 23.6% from a year earlier.
By Patti Zarling • Aug. 15, 2018 -
Blue Apron's recipe for growth? Quick meals, better data and a dash of delivery
Following a steep drop in subscribers, the embattled meal kit company’s CEO outlined a plan to expand its customer base and deepen engagement.
By Jeff Wells • Aug. 14, 2018 -
Despite challenges, breakfast has pathways for growth
To drive strong sales across demographics in the morning foods category, Packaged Facts said manufacturers should highlight product nutrition and convenience.
By Jessi Devenyns • Aug. 14, 2018 -
Coca-Cola takes stake in BodyArmor in effort to unseat Gatorade
The beverage giant paid an undisclosed amount for a portion of the sports drink startup, with an option to take full ownership in the future.
By Christopher Doering • Aug. 14, 2018 -
HelloFresh won't break even until 2019
The German meal-kit provider will instead use profits to expand its offerings and continue boosting its customer count.
By Krishna Thakker • Aug. 14, 2018 -
Will high trucking costs eventually run over food companies' ability to grow?
Rising fees and a shortage of drivers have hit the industry hard, and the challenges show no signs of letting up.
By Jessi Devenyns • Aug. 13, 2018 -
H-E-B will turn underperforming Houston store into an e-commerce hub
The Texas retailer is the latest to repurpose space at a brick-and-mortar location for online shopping, joining Ahold Delhaize and Walmart's Sam's Club.
By Krishna Thakker • Aug. 13, 2018 -
Ahold Delhaize will leverage Peapod to grow e-commerce
During the company’s most recent earnings report, U.S. online sales grew just 7.7%, versus the industry average of 25%.
By Alicia Kelso • Aug. 13, 2018 -
Pacific Foods founder gets back to 'Basics' with grocery venture
With a little help from his friends — including the former head of grocery for Whole Foods — Chuck Eggert will soon open Basics Market, a natural store that takes health, education and meal assembly to the next level.
By Jeff Wells • Aug. 13, 2018 -
Kellogg's Kashi partners with kids to launch new cereal
The product touts the use of organic ingredients, whole grains and low sugar content to appeal to younger consumers and their parents looking to eat healthier.
By Patti Zarling • Aug. 13, 2018 -
Consumers crave authentic ethnic food — and will pay more
A survey from Technomic found shoppers want to know whether the items they eat are genuine, although the term's meaning can vary among eaters.
By Patti Zarling • Aug. 13, 2018 -
Retrieved from Chobani on August 09, 2018
Chobani enters the condiment market
The company is packaging its Greek yogurt in squeeze bottles and says the product has fewer calories, less fat and three times as much protein as sour cream.
By Cathy Siegner • Aug. 10, 2018 -
H-E-B continues digital investment with new executive hire
Mike Georgoff will lead the company's digital product strategy, design and development efforts as the grocer continues its push into e-commerce.
By Jessica Dumont • Aug. 10, 2018 -
Aldi will pilot curbside pickup, expand home delivery nationwide
The discounter has been slow to embrace online shopping, but mounting competition and growing consumer demand has forced it to hasten its e-commerce rollout.
By Krishna Thakker • Aug. 10, 2018 -
Big Food filling C-suite ranks with a new kind of CEO
More than half of the CPG companies in the Fortune 500 named different leadership since 2016, according to Russell Reynolds Associates.
By Jessi Devenyns • Aug. 10, 2018 -
Tea makers stepping up as millennials, Gen Z demand more
Younger consumers are looking for higher-quality varieties of the product, and the market is responding by producing more upscale, organic and natural versions.
By Cathy Siegner • Aug. 9, 2018 -
Aldi gets fresher, expanding organic and convenient assortment
As its growth initiative continues, 20% of the hard discounter's product assortment will be new, with items including meal starters, grab-and-go drinks and marinated meats.
By Jeff Wells • Aug. 9, 2018 -
Flowers Foods hit by higher promotional costs, ingredient disruptions
The maker of Wonder bread lowered its earnings per share forecast to a range of $1.00 to $1.07 to reflects these and other challenges impacting its business.
By Jessi Devenyns • Aug. 9, 2018 -
Retrieved from Kroger on March 09, 2018
Kroger promotes key executives to support Restock initiative
Gil Phipps, largely credited with leading the company's private label success, is now vice president of branding, marketing and Our Brands.
By Alicia Kelso • Aug. 9, 2018 -
Monster reports strong sales gains, but margin pressures persist
The energy drink maker said its performance was negatively impacted during the second quarter by higher costs for promotions and aluminum cans.
By Emma Liem Beckett • Aug. 9, 2018 -
Aldi, Trader Joe's earn top honors in pay transparency: report
As they battle competition and low unemployment, grocers have increased their wages and benefits and made compensation more visible to employees.
By Patti Zarling • Aug. 9, 2018