Corporate Operations: Page 162
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Campbell Soup will divest Fresh division and international brands to focus on soups and snacking
The CPG giant announced disappointing earnings with its plan to reset targets on greater growth. "Simply put, we lost focus," Interim President and CEO Keith McLoughlin said.
By Megan Poinski • Aug. 30, 2018 -
Craft brewery unveils 'beer porn' parody site to draw eyes to streaming service
BrewDog's stunt promotes the new BrewDog Network, which includes original series around food, drink, travel and entertainment.
By Erica Sweeney • Aug. 30, 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 -
New Seasons Market partners with customer relationship management provider
The retailer will use the solution to better understand shopper behavior, tailor its communications to its base and personalize product recommendations.
By Alicia Kelso • Aug. 30, 2018 -
Whole Foods' Yelp reviews take a negative turn after Amazon acquisition
Although the grocery chain's stores look nearly the same, a group of vocal consumers online believe it's worse for the wear under the retail giant.
By Lillianna Byington • Aug. 30, 2018 -
With its new grocery concept, Meijer thinks big by scaling down
The 37,000-square-foot, fresh-focused Bridge Street Market is new territory for the supercenter retailer. Can it succeed where others have failed?
By Jeff Wells • Aug. 29, 2018 -
Brown-Forman tops earnings expectations, but cuts outlook as tariffs loom
The Jack Daniels parent saw sales jump 6% to $766 million, but soon-to-be CEO Lawson Whiting said there is "significant uncertainty" around the impact of duties.
By Emma Liem Beckett • Aug. 29, 2018 -
Wegmans launches app to assist visually impaired customers
The Rochester, New York-based retailer is the first grocer to debut this technology to help low-vision and blind shoppers navigate stores.
By Lillianna Byington • Aug. 29, 2018 -
Retrieved from Walmart on July 30, 2018
Walmart's click-and-collect strategy pays off
About 42% of shoppers using the service identified the mega-retailer as the pickup location for their last order, three times the number of those who cited runner-up Target.
By Alicia Kelso • Aug. 28, 2018 -
AutoX launches self-driving grocery delivery service
The California startup will sell groceries through GrubMarket, allowing San Jose-area shoppers to pick up food directly from temperature-controlled cars.
By Krishna Thakker • Aug. 28, 2018 -
Deep Dive
How brands learn from consolidation
Major food and beverage companies share lessons from their experiences and successes with smaller brands they acquire. But these larger brands would be remiss to believe they have nothing left to learn from their acquisition targets.
By Carolyn Heneghan • Aug. 28, 2018 -
Retrieved from Amazon on April 02, 2018
Amazon opens second, smaller Go store format in Seattle
The 1,450-square-foot store will feature a range of ready-to-eat breakfast, lunch, dinner and snack items, as well as Amazon Meal Kits.
By Patti Zarling • Aug. 28, 2018 -
US sales slump continues, but Hain Celestial remains upbeat
The company's exiting CEO seems eager to focus on 2019 and the revenue growth and margin expansion expected in the next year.
By Carolyn Heneghan • Aug. 28, 2018 -
Raley's video campaign brings a human touch to click-and-collect service
The grocer's ads could help differentiate its eCart service — which allows shoppers to specify the ripeness of their produce — from competitors to deepen shopper loyalty.
By Krishna Thakker • Aug. 27, 2018 -
Cannabis stocks get high as Diageo pursues deal
The global alcohol giant, which owns Guinness and Captain Morgan rum, has been in talks with at least three Canadian producers.
By Lillianna Byington • Aug. 27, 2018 -
Campbell Soup launches new V8 plant-based drink
The hydration beverage will be sold at Amazon, Walmart.com and Peapod, as well as retail outlets.
By Lillianna Byington • Aug. 27, 2018 -
Lidl to accelerate pace of store openings in September
The discounter, which has dramatically slowed its growth rate this year, opened its 54th store this week and plans to open three more locations next month.
By Jeff Wells • Aug. 24, 2018 -
Amazon extends discount promotion to sellers until December 2019
The program, which reduces vendor fees on products $15 or less, appears to have been successful in attracting more consumers to buy everyday groceries from the web giant.
By Krishna Thakker • Aug. 24, 2018 -
Nature Valley will drop 100% natural claim after settling lawsuit
Three groups alleged in a 2016 complaint that General Mills' popular granola bar contained trace amounts of Monsanto's weed-killing chemical glyphosate.
By Cathy Siegner • Aug. 24, 2018 -
Can square containers and Mickey Mouse conjure up magic for a tiny ice cream maker?
Ample Hills Creamery is redesigning its packaging to boost brand awareness in the competitive dairy segment, which is dominated by Halo Top and Breyers.
By Lillianna Byington • Aug. 24, 2018 -
Sanderson Farms earnings plunge as poultry prices continue to decline
The poultry processor's CEO attributes the profit dive to higher feed costs and "significant counter-seasonal weakness in market prices."
By Carolyn Heneghan • Aug. 23, 2018 -
A year later, how has Amazon changed Whole Foods?
The e-tailer has rolled out a suite of Prime promotions while continuing to streamline operations. But the biggest changes have come from grocery competitors.
By Jeff Wells • Aug. 23, 2018 -
Hormel Foods cuts sales outlook as tariffs, meat glut bruise earnings
The owner of brands such as Skippy and Spam said organic growth was flat, with only its Jennie-O Turkey division posting an increase.
By Christopher Doering • Aug. 23, 2018 -
Raley's creates new position focused on nutrition, private label brands
The California-based grocer hired Yvette Waters to create a nutrition strategy, bring healthy products into stores and develop customer education initiatives.
By Alicia Kelso • Aug. 23, 2018 -
Kroger will phase out single-use plastic bags by 2025
The grocer will transition to reusable options only beginning with its QFC banner in the northwest.
By Krishna Thakker • Aug. 23, 2018 -
Target store traffic smashes records — again
The mass merchant notched an unprecedented 6.4% growth in store traffic in the second quarter as the company accelerates plans to use its physical footprint to meet digital and delivery goals.
By Corinne Ruff • Aug. 22, 2018