Corporate Operations: Page 163


  • Post Holdings sells stake in private label business to PE firm

    The manufacturer of Shredded Wheat and Bob Evans hash browns also posted growth during its most recent quarter amid strong sales in cereal and refrigerated foods.

    By Jessi Devenyns • Aug. 3, 2018
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    Albertsons joins forces with venture capital firm to invest in emerging technologies

    The grocer has partnered with Greycroft to create a $50 million fund that will be used for the company's digital transformation.

    By Jessica Dumont • Aug. 3, 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
  • As Necco liquidates candy lines, there are more questions than answers

    Former employees also have sued Round Hill Investments for not providing enough notice before closing the factory.

    By Aug. 3, 2018
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    B&G foods
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    B&G Foods bulks up on Green Giant frozen items as company sales jump 7.4%

    The owner of Pirate's Booty and Ortega said earnings before certain charges fell 4.7% to $74.4 million due to higher freight costs and the timing of price increases.

    By Aug. 3, 2018
  • Kroger buys real estate to get Lucky's in Florida

    Rather than go head-to-head with Publix on its home turf, the grocer is helping bankroll a promising upstart that attracts consumers looking for natural, organic and private label groceries.

    By Alicia Kelso • Aug. 2, 2018
  • Sprouts sees earnings rise, names new merchandising officer

    The natural and organic retailer saw net sales rise to $1.3 billion while same-store sales grew 2%.

    By Jeff Wells • Aug. 2, 2018
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    Christopher Doering
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    Suit: Wegmans employee told to 'suck it up' after requesting FMLA leave

    Managers often create employment law violations by wearing their hearts on their sleeves, experts say. But training can help.

    By Lisa Burden • Aug. 2, 2018
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    Retrieved from TreeHouse Foods on July 01, 2016
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    Still in transition, TreeHouse's sales nudge up

    When adjusted for divestments and SKU rationalization, it appears that the private label manufacturer could be on the path to improvement. 

    By Aug. 2, 2018
  • Kellogg benefiting from push into healthier foods, emerging markets

    The manufacturer of Special K and Rice Krispies said cereal sales declined "moderately" during the quarter as the company focused more on its wellness attributes.

    By Aug. 2, 2018
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    Nestlé works to convince US consumers it's more than a chocolate company

    The Swiss company is constantly adjusting its portfolio to better reflect trends in food, with M&A expected to be a big part of that strategy going forward, according to one executive.

    By Aug. 2, 2018
  • Expansions, real estate deals boost Publix Q2 earnings

    The Florida-based grocer capitalized on its renowned customer service while expanding, helping the company post a 24.5% jump in net earnings.

    By Krishna Thakker • Aug. 2, 2018
  • Walmart hit with $2B lawsuit over produce technology

    Zest Labs claims the retailer stole its proprietary information to develop Eden, a management system that can extend the shelf life of fruits and vegetables.

    By Alicia Kelso • Aug. 2, 2018
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    Blue Apron Facebook
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    Blue Apron posts loss as customer count falls 24%

    The meal kit maker's CEO called 2018 "a year of transition" as the company grapples with higher marketing costs, fewer users of the platform and challenges reaching profitability. 

    By Krishna Thakker • Aug. 2, 2018
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    Retrieved from Kroger on August 01, 2018
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    Skip the store: Kroger unveils direct-to-consumer grocery marketplace

    The company's Ship service will launch in four cities and offer more than 50,000 shelf-stable and bulk products, with free delivery on orders over $35.

    By Jeff Wells • Aug. 1, 2018
  • Molson Coors plans to 'aggressively address' flat North American sales

    The brewer of Miller Lite and Coors Light also said its Canadian unit formed a joint venture with Hydropothecary Corp. to develop non-alcoholic, cannabis-infused beverages.

    By Aug. 1, 2018
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    Retrieved from Nestle on January 31, 2018
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    Nestlé names new CMO for North American water portfolio

    Yumi Clevenger-Lee​'s background in product innovation and launches could help the marketer stay competitive in a quickly moving category.

    By Erica Sweeney • Aug. 1, 2018
  • Three startups secure a total of $350M to challenge traditional players in food and beverage space

    Brandless, Bulletproof and Apeel each announced new funding this week, which they will use to extend their footprints and technology. 

    By Alicia Kelso • Aug. 1, 2018
  • DouxMatok and European sugar company partnership could sweeten CPG reformulations

    The Israel-based manufacturer of sugar-reducing technology will have its product manufactured and distributed in Europe by Südzucker. A similar U.S. partnership may be announced soon. 

    By Aug. 1, 2018
  • Sara Lee's new owner hopes to thaw sales through R&D

    Private equity firm Kohlberg & Company, which acquired the iconic frozen baked goods brand and Van's Foods from Tyson in June, hopes to re-energize the brand.

    By Patti Zarling • Aug. 1, 2018
  • Activist investor Third Point takes more than $300M stake in Campbell Soup

    Dan Loeb, who oversees the hedge fund, took a 1.25% stake in Nestlé valued at more than $3 billion a year ago.

    By Aug. 1, 2018
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    Mark Gross to step down as Supervalu CEO

    Gross had overseen key wholesale acquisitions and will depart after the company's merger with United Natural Foods closes.

    By Jeff Wells • July 31, 2018
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    Megan Poinski
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    Aldi grows in the Garden State with 6 new stores

    The hard discounter is focusing on a densely populated state it knows well — despite challenges its rival Lidl faced expanding in New Jersey.

    By July 31, 2018
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    Consumers look beyond ingredients when deciding what product to buy

    Manufacturers are turning to bolder flavors, colors, packaging and new messaging to get shoppers excited about their product, according to one analyst.

    By Jessi Devenyns • July 31, 2018
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    Dannon
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    Danone's sales surge amid strong yogurt demand, social responsibility push

    While innovation and savvy investments help drive growth in much of the world, the company is embracing sustainability and consumer trends to foster future expansion.

    By July 31, 2018
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    Yujin Kim
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    Deep Dive

    Going around the grocery: How brands use e-commerce to sell direct-to-consumer

    As the model continues to expand, brands and grocers are searching for innovative methods to reach consumers through data, technology and content. 

    By Krishna Thakker • July 30, 2018