Corporate Operations: Page 162
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Maxwell House's labor-focused campaign drives purchase intent, ad awareness, analysis finds
Since the campaign launched around Labor Day, ad awareness for the coffee brand increased from 12% to 18%, and purchase consideration increased from 17% to 22%.
By Erica Sweeney • Nov. 30, 2018 -
Could a new competitor hurt Nutella's sales?
Italy’s Barilla, best known for its pasta and sauces, is launching a chocolate spread next year in a direct attempt to compete with the international favorite.
By Nina Sparling • Nov. 30, 2018 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Kraft Heinz buys paleo brand Primal Kitchen for $200M
Although the brand will be under the CPG giant's incubator for "disruptive" foods, the company will retain its California headquarters and continue to operate autonomously.
By Jessi Devenyns • Nov. 30, 2018 -
As Big Food sheds brands, smaller firms look for opportunities
Even though the average multiple for food-and-drink deals is the highest since 2007, M&A can be found if the purchaser is willing to invest the time and money to rebuild.
By Cathy Siegner • Nov. 30, 2018 -
Column
Leftovers: Sour, sweet, cereal?
Sour Patch Kids is becoming a cereal, one lucky fan may be grateful for Cherry Garcia ice cream sales and Oreo launches a powdered drink mix for that just-dipped-cookies-in-it taste.
By Food Dive staff • Nov. 30, 2018 -
Land O'Lakes and Tate & Lyle collaborate on sustainably sourced corn
The project assists farmers with the latest technology to better target and measure how well their environmental stewardship efforts are doing on the ground.
By Cathy Siegner • Nov. 29, 2018 -
Brazi Bites gets new big cheese: Former Justin's president
As growth of the the Brazilian snack bread brand skyrockets, will former nut butter company president Mike Guanella be priming the company for a sale?
By Jessi Devenyns • Nov. 29, 2018 -
Retrieved from Chobani on November 27, 2018
Gimmie disruption: Chobani brings fun and creativity to new kids' yogurt line
The company hopes clever names and cartoon characters will help the yogurt powerhouse energize the category for children, an area its chief marketing officer called underserved and underpenetrated.
By Christopher Doering • Nov. 29, 2018 -
Deep Dive
Campbell Soup interim CEO focused on turnaround, but 'much more work lies ahead'
While the maker of namesake soups, V8 drinks and Emerald nuts has made progress implementing changes at the nearly 150-year old company, Keith McLoughlin told shareholders it's too early to declare victory.
By Christopher Doering • Nov. 29, 2018 -
4 benefits of food and grocery consolidation
The food and grocery industries have been active with mergers and acquisitions in the last several years. What are some of the benefits to these deals? Food Dive and Grocery Dive have taken a close look and determined four major benefits of industry consolidation.
By Food Dive and Grocery Dive staff • Nov. 28, 2018 -
Smucker's earnings miss expectations despite pet food sales boost
The acquisition of Ainsworth Pet Nutrition buoyed a 5% sales increase for the manufacturer of spreads and coffee, but the company lacked the revenue that would have come from its recently sold baking brands.
By Lillianna Byington • Nov. 28, 2018 -
Deep Dive
'No second thoughts': Assessing the Ahold Delhaize merger two years later
The grocer says it has achieved significant cost savings and is ready to grow, but experts question whether it has done enough to differentiate itself.
By Christopher Doering • Nov. 27, 2018 -
Campbell Soup reaches deal with Third Point, ending proxy fight
The soup and snacks maker will add two of the hedge fund's nominees to its board and give the activist the opportunity to provide input as the CPG giant searches for a new CEO.
By Christopher Doering • Nov. 27, 2018 -
Oreo unwraps playable turntable that spins cookies, not vinyl
Available on Amazon, the holiday gift lets users record messages and skip a song each time a bite is taken out of the snackable disc.
By Peter Adams • Nov. 26, 2018 -
Beyond Meat's future has ties to a successful tea maker
Seth Goldman founded organic tea maker Honest two decades ago. Today, he has an executive role at the maker of plant-based products and notes the many similarities between the two companies.
By Christopher Doering • Nov. 26, 2018 -
Hormel beats income expectations boosted by increases in refrigerated foods
The company reported net income of $261.4 million — or 48 cents per share — in the fourth quarter, up from $218.2 million last year.
By Lillianna Byington • Nov. 20, 2018 -
Tofurky moves to the center of the Thanksgiving feast
Many saw the product as a joke when it was first introduced in 1995, but it's sold 5 million roasts — and is on track to continue its success as more consumers embrace plant-based diets.
By Cathy Siegner • Nov. 20, 2018 -
Campbell Soup Q1 profit slides as key shareholder vote looms
The company, which is engaged in a bitter proxy fight with hedge fund Third Point, said soup sales fell 6% during the quarter but are showing signs of improving.
By Christopher Doering • Nov. 20, 2018 -
Report: TreeHouse looks to sell its trail mix business
Sources told The New York Post the private label manufacturer could get significantly less than the $860 million it paid to buy Flagstone Foods in 2014.
By Lillianna Byington • Nov. 19, 2018 -
Schwan's sells 80% of company to South Korean firm for $1.8B
After 66 years, one of the largest privately held companies in America sold a majority share to an international buyer, hoping for expansion.
By Jessi Devenyns • Nov. 19, 2018 -
Just in time for Thanksgiving: Ground turkey recall linked to salmonella outbreak
Jennie-O has recalled about 147,276 pounds of ground turkey linked to a salmonella outbreak that has so far resulted in 164 illnesses, 63 hospitalizations and one death.
By Cathy Siegner • Nov. 19, 2018 -
Plant-based food maker Beyond Meat files for $100M IPO
The California company would go public as people look to eat healthier and protect animals and the environment — spurring demand for its products.
By Christopher Doering • Nov. 19, 2018 -
Startups targeting food waste reduction raise $125M this year
Foundation grants for groups dedicated to this issue hit $134 million from January through September 2016, a 70% jump over five years.
By Cathy Siegner • Nov. 16, 2018 -
Retrieved from Kraft Heinz on November 16, 2018
It's slime time: Jell-O Play introduces edible ooze
Two made-for-social-media versions of the new product from Kraft Heinz's Springboard Brands are hitting shelves and the Internet.
By Nina Sparling • Nov. 16, 2018 -
Post Holdings sees Q4 growth, plans IPO for nutrition segment
Post will sell about a fifth of the ownership of the new public company and expects to complete the spinoff in the second half of fiscal year 2019.
By Lillianna Byington • Nov. 16, 2018