Corporate Operations: Page 165


  • 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
  • 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
  • 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 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
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    Hostess
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    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 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
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    USDA
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    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
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    Wikimedia Commons
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    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
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    Retrieved from Amazon on August 07, 2018
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    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
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    Wikimedia Commons
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    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 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
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    Retrieved from Walmart on August 06, 2018
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    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
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    Megan Poinski
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    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 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 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
  • 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
  • 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