Corporate Operations: Page 163
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Global milk production soured by trade wars and plummeting prices, report says
2018 is on track for the worst year-on-year growth in domestic production since 2013, according to Rabobank.
By Nina Sparling • Jan. 4, 2019 -
Retrieved from General Mills on January 04, 2019
ColumnLeftovers: Yoplait sweetens New Year's resolutions; CBD goes coconuts
New yogurt flavors mimic less-than-healthy (but delicious) breakfast choices, and Hershey launches new Kisses full of love and lava.
By Food Dive staff • Jan. 4, 2019 -
Explore the Trendline➔
Courtesy of PIPA
TrendlineGetting reformulation right: How food companies are rethinking ingredients to meet consumer demand
Ingredient suppliers and companies like PepsiCo and Conagra are working closer together to overhaul brands to cater to a rise in healthy eating and expanding GLP-1 use.
By Food Dive staff -
Carl's Jr. gives plant-based Beyond Burger the star treatment
The chain is now selling the meat-free Beyond Famous Star burger for $6.29 a piece at more than 1,000 locations, following White Castle's Impossible slider expansion.
By Kristine Sherred • Jan. 3, 2019 -
Boxed scores 3-month exclusive on new Smartwater line
Following reports that Amazon was pulling back on low-margin products, the online bulk retailer will test Smartwater alkaline and antioxidant waters before the brand expands to other retailers in April.
By Kristine Sherred • Jan. 3, 2019 -
Retrieved from Nestle on January 01, 2019
Nestlé will launch plant-based Incredible Burger this spring
The item — part of the Garden Gourmet line and made from soy and wheat protein — will bolster the manufacturer's position in the growing segment.
By Cathy Siegner • Jan. 2, 2019 -
Danone introduces Oat Yeah as the grain becomes the next big milk alternative
Oat milk had 32.5% growth in the previous year,and manufacturers including PepsiCo, Elmhurst, Thrive Market, Pacific Foods and Happy Planet are getting into the space.
By Cathy Siegner • Jan. 2, 2019 -
How food companies are getting consumers to pay more
Several already signaled planned increases to cover ingredient and shipping costs, and more expensive items helped boost grocery prices by 2% last year — though sales were flat by volume.
By Cathy Siegner • Jan. 2, 2019 -
Our best stories of 2018
From massive c-suite changes to huge deals, here are Food Dive's top stories from 2018, a quick tour of some of what made last year so exciting — and tumultuous.
By Food Dive staff • Dec. 21, 2018 -
Coke leads $15M investment round in Dirty Lemon maker
Iris Nova focuses on cashierless, text-to-pay consumer goods and has grown the popularity of its brands through platforms like Instagram.
By Peter Adams • Dec. 21, 2018 -
PepsiCo splits leadership roles for US snacks and beverages
The company said Vivek Sankaran will become CEO of Frito-Lay North America and Kirk Tanner will lead its North America Beverages unit, replacing Al Carey, who is retiring.
By Christopher Doering • Dec. 21, 2018 -
Peet's snags majority stake in Revive kombucha
After investing $7.5 million last year, the coffee chain took a bigger bite out of the craft kombucha brewer, which has grown 168% in the past year.
By Kristine Sherred • Dec. 21, 2018 -
Impossible Foods needs FDA approval to sell uncooked burgers in stores
The company wants to sell its plant-based burger in retail outlets next year, but the FDA said the soy leghemoglobin in the product needs approval as a color additive.
By Cathy Siegner • Dec. 21, 2018 -
Kerry Group spices up its seasonings business with $367M in deals
The taste and nutrition company said it will acquire Ariake USA and Southeastern Mills' North American coating and seasonings operations.
By Cathy Siegner • Dec. 20, 2018 -
Could dates become the next trendy sweetener?
D'vash Organics markets its nectar from the fruit as a lower-calorie alternative to sugar and with about 25% less of the popular ingredient than honey.
By Cathy Siegner • Dec. 20, 2018 -
Why Ingredion is investing $140M in plant-based proteins
The ingredients provider is upgrading plants in Nebraska and Saskatchewan to produce protein isolates from peas and other pulse-based flours and concentrates.
By Cathy Siegner • Dec. 20, 2018 -
Conagra profit plunges 41% as it begins integration of Pinnacle
The maker of Banquet and Slim Jim raised prices during the quarter for some of its legacy brands as the Chicago company faced higher transportation, input and retailer marketing costs.
By Christopher Doering • Dec. 20, 2018 -
Sanderson Farms sales drop 13.2% as it finishes a 'challenging year'
Roiled by problems with demand, issues with tariffs and two hurricanes, the chicken producer saw an operating income loss of $57.7 million in the most recent quarter. Net income for the year was down 78%.
By Lillianna Byington • Dec. 20, 2018 -
Campbell Soup names ex-Pinnacle chief Clouse to oversee its turnaround
The executive will be tasked with turning around the maker of Prego, V8 and Emerald Nuts all while battling activist investor Dan Loeb who has pushed for more aggressive changes at the company.
By Christopher Doering • Dec. 20, 2018 -
AB InBev and Tilray plan to launch CBD-infused drinks in Canada
Their joint venture, Fluent Beverage Company, will sell the products as early as December and come after the companies spent $100 million last year to study cannabis beverages.
By Christopher Doering • Updated Oct. 11, 2019 -
General Mills net earnings drop 20%
The company missed analyst expectations this quarter, as the North America segment lagged and operating profit fell 23% compared to last year.
By Lillianna Byington • Dec. 19, 2018 -
Blue Apron stock drops below $1. Could an acquisition be next?
On the heels of poor earnings for the last two quarters, the meal kit pioneer is in danger of being de-listed and has lost more than 90% of its value since going public last year.
By Jessica Dumont • Dec. 19, 2018 -
Conagra finds another buyer for Wesson
The sale to Richardson International for an undisclosed amount comes after the CPG company's deal with Smucker was scuttled by antitrust concerns.
By Christopher Doering • Dec. 19, 2018 -
Opinion
Getting the art of new product launches down to a science
Odds are stacked against new products succeeding in a shifting market, but Marsha McGraw, SVP, President U.S. Market at Catalina, says data-driven practices can help.
By Marsha McGraw • Dec. 18, 2018 -
Fish fraud 'rampant' in New York, AG report finds
DNA testing found widespread mislabeling of certain species including 27.6% of samples sold as wild salmon, 67% of red snapper and 87.5% of lemon sole.
By Lillianna Byington • Dec. 18, 2018 -
It's not easy being cheesy: How the dairy industry works through an oversupply
Cold storage facilities are packed to the brim with about 1.4 billion pounds of Swiss, cheddar, American and more.
By Nina Sparling • Dec. 18, 2018