Corporate Operations: Page 162
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Lawsuit claims Nestlé's non-GMO seal is misleading
The world's largest food manufacturer says its label meets federal standards, and has been verified by an international inspection, testing and certification company.
By Megan Poinski • Aug. 9, 2018 -
Albertsons and Rite Aid cancel merger amid shareholder opposition
The $24 billion deal was criticized by investors and advisory firms as undervaluing the drug store chain, with the owner of Safeway and its namesake grocery unwilling to raise its offer.
By Jeff Wells • Aug. 9, 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 -
The Information: Only 2% of Alexa users reportedly purchase off the devices
The publication cited "two people briefed on the company's internal figures" for the statistic, and also claimed that of those 2%, 90% didn't make a second purchase.
By Dan Alaimo • Aug. 8, 2018 -
Q&A
Campbell's VP of digital acceleration races against quickly evolving consumers
In an interview with Marketing Dive, Matt Pritchard discussed his team's focus on infusing digital throughout the company's people, processes, partners and platforms at a time of "unprecedented" change.
By Chantal Tode • Aug. 8, 2018 -
Ahold Delhaize hits earnings expectations, but US sales struggle
Competition has challenged banners such as Stop & Shop, but the Dutch company plans to fight back with digital innovation and store updates.
By Jeff Wells • Aug. 8, 2018 -
Kroger considers sale of Turkey Hill business
Offloading the popular ice cream brand could help the grocer pay off debt and free up funds to invest in becoming the next e-commerce giant.
By Jessica Dumont • Aug. 8, 2018 -
Sales surge at newly merged Keurig Dr Pepper
In its first earnings announcement since the tie-up in July, the beverage giant reported strong results in K-cups, Canada Dry, Bai and Mott's juices.
By Christopher Doering • Aug. 8, 2018 -
Rice Krispies Treats introduces Braille 'love notes,' recordable boxes
Special heart-shaped packaging comes as part of the marketer's partnership with the National Federation of the Blind.
By Erica Sweeney • Aug. 8, 2018 -
Despite revenue gains, Hostess stock tanks with reduced income and outlook
The baker's net revenue for the period rose 6.2% to $215.85 million, but transportation and other supply chain costs weighed on the company.
By Emma Liem Beckett • Aug. 8, 2018 -
Whole Foods launches curbside pickup for Prime members
The service, available in Sacramento and Virginia Beach, will allow shoppers to pick up groceries ordered via the Prime Now app.
By Krishna Thakker • Aug. 8, 2018 -
CRISPR licensing deal could lead to better traits in food, reduce waste
J.R. Simplot is borrowing the technology from DowDuPont, Harvard and MIT, but it will likely be several years before new products reach the marketplace.
By Cathy Siegner • Aug. 7, 2018 -
Walmart pushes into the premium coffee space
The country's largest retailer is taking aim at the "third wave" of premium coffee consumption by exclusively offering the organic Mash-Up Coffee brand.
By Cathy Siegner • Aug. 7, 2018 -
Albertsons-Rite Aid merger faces headwinds ahead of Thursday vote
Two advisory firms have come out against the deal, and this week the drug store chain lowered its profitability guidance for the year — an "unusual" move, according to one analyst.
By Jeff Wells • Aug. 7, 2018 -
Retrieved from Amazon on August 07, 2018
Amazon now lets Alexa users shop for delivery from Whole Foods
The expansion arrives at a time when there are questions about just how strong the interest is in voice shopping.
By Robert Williams • Aug. 7, 2018 -
Dean Foods posts loss as dairy industry roiled by costs, oversupply, tariff threat
The company has doggedly been adhering to its cost-cutting initiatives and expects to see benefits next quarter.
By Jessi Devenyns • Aug. 7, 2018 -
Publix plans a new GreenWise Market store in Florida
Nearly a decade after the format's launch, the grocer has now announced four new locations, with the first set to open in October.
By Krishna Thakker • Aug. 7, 2018 -
MillerCoors pulls millennial-focused beer 6 months after launch
The decision to end production of Two Hats comes as the company focuses more attention on improving the health of its ailing Coors Light brand.
By Emma Liem Beckett • Aug. 7, 2018 -
Smithfield Foods hit with $473.5M nuisance verdict
The meat processor is facing ongoing legal challenges related to its production practices in North Carolina, the country's No. 2 pork-producing state.
By Cathy Siegner • Aug. 7, 2018 -
AB InBev's new accelerator zeroes in on sustainability-focused startups
The beer giant wants applications by Sept. 14 for its pilot 100+ Accelerator initiative designed to help solve a number of global environmental issues.
By Cathy Siegner • Aug. 6, 2018 -
Jell-O teams with DreamworksTV on animated series for YouTube, Amazon Prime Video
"The Jell-O Wobz" encourages self-esteem and imagination while promoting the marketer's line of edible toys.
By Erica Sweeney • Aug. 6, 2018 -
Retrieved from Walmart on August 06, 2018
Walmart to test grocery-picking robots as industry interest grows
Alphabot, specially built for Walmart, will work with employees at the retailer's Salem, New Hampshire, store to speed fulfillment of pickup orders.
By Jeff Wells • Aug. 6, 2018 -
Tyson's Q3 bolstered by prepared foods, beef
The company's beef segment saw a record operating income of $318 million for the quarter as it continues to double down on its protein business.
By Emma Liem Beckett • Aug. 6, 2018 -
PepsiCo's Indra Nooyi to leave CEO post after 12 years at the helm
Current president Ramon Laguarta, a 22-year veteran of the New York-based beverage and snacks maker, will take over the role on Oct. 3.
By Christopher Doering • Aug. 6, 2018 -
Deep Dive
Protein packing a punch as more foods tout the trendy nutrient
While its roots may be in chicken, nuts and eggs, growing consumer demand has prompted manufacturers to add it to chips, bars, shakes, ice cream and even candy.
By Krishna Thakker • Aug. 6, 2018 -
Kraft Heinz beats expectations as deal talk heats up
There are reports that the CPG giant has taken a preliminary look at buying Campbell Soup, but will not offer much of a premium if it makes a bid.
By Jeff Wells • Aug. 3, 2018