Corporate Operations: Page 166
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Deep Dive
The collapse of Chef'd illustrates meal kits' challenges
Slowing sales growth could put pressure on weaker companies that remain to improve their businesses, find a buyer or be forced to close.
By Christopher Doering • July 19, 2018 -
Lay's debuts 8 regionally-inspired flavors for 'Tastes of America' tour
A food festival tour with influencer Hannah Hart supports the launch.
By Erica Sweeney • July 18, 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 -
FreshDirect prepares to battle Amazon and Walmart with new fulfillment center
The e-grocer’s state-of-the-art facility will help it roll out new products and fill orders more efficiently.
By Jeff Wells • July 18, 2018 -
Meijer to light up stores — and its bottom line — with switch to LEDs
The Michigan-based retailer says the move will reduce its annual lighting energy usage by 50%.
By Patti Zarling • July 18, 2018 -
Deep Dive
How Coke amplifies in-stadium experiences through digital tech
The beverage giant engages sports fans by working with partner MVP Interactive on activations that leverage AR/VR, facial recognition and more.
By Peter Adams • July 18, 2018 -
Chef'd gets chopped: Meal kit company shuts down
The maker of preportioned foods failed to secure more cash after initially raising tens of millions in funding from investors, including Campbell Soup and Smithfield Foods.
By Christopher Doering • July 18, 2018 -
Walmart is listening: Retailer gets patent for in-store audio monitoring
The company intends to use the technology to monitor employee performance, but the sensor system — which would analyze conversations between customers and employees — could raise privacy concerns.
By Dan O'Shea • July 17, 2018 -
Merck's venture capital arm invests $8.8M in Mosa Meat
The Dutch startup said it plans to build a pilot production facility and have its lab-grown beef products on the market by 2021.
By Cathy Siegner • July 17, 2018 -
Albertsons' e-commerce sales surge as Rite Aid merger looms
The grocer lowered its net losses during Q1 2018 while same-store sales were positive, but below full-year guidance.
By Jeff Wells • July 17, 2018 -
Deep Dive
As consumers move online, food and beverage makers struggle to adapt
With 20% of all grocery sales expected to come from the web by 2022, CPG companies are scrambling to build an effective sales infrastructure for e-commerce.
By Christopher Doering • July 17, 2018 -
"Bowl of dry steel-cut oats with full spoon.jpeg" by S. David from Vegan Liftz is licensed under CC BY-SA 3.0
B&G Foods buys McCann's Irish Oatmeal from TreeHouse Foods for $32M
Sales from the breakfast brand were about $13 million in 2017, according to the private-label manufacturer, which got the steel-cut hot cereal brand in a larger acquisition in 2010.
By Megan Poinski • July 17, 2018 -
Whole Foods traffic spiked 18.6% on Independence Day
The increase compared to last year's holiday underscores the success of recent promotions and portends big sales for Prime Day.
By Krishna Thakker • July 16, 2018 -
Retrieved from General Mills on July 15, 2018
Can innovation and divestment shake up General Mills' flat sales?
Product launches slated for next year include honey crunch breakfast cereal made from Kernza, Nature Valley granola bites and a Pillsbury stuffed meatball and pepperoni sandwich.
By Cathy Siegner • July 16, 2018 -
Retrieved from Amazon on June 14, 2018
Tech companies are catching up to Amazon Go
Israel-based startup Trigo Vision has received $7 million in funding to develop technology that's more robust than Amazon Go's cashier-free solution.
By Alicia Kelso • July 13, 2018 -
Will consumers sour on 'nature-identical' sweeteners from a lab?
Companies are developing potentially lucrative sugar alternatives away from their natural setting, but it's not clear whether consumers will embrace them.
By Cathy Siegner • July 13, 2018 -
Postmates raises last-mile stakes by adding 100 more cities
The delivery startup is scrambling to scale and reach profitability in a fiercely competitive market.
By Daphne Howland • July 13, 2018 -
Campbell Soup beefs up e-commerce focus with new CMO of meals and beverages
Diego Palmieri, a veteran of SC Johnson, will be responsible for all aspects of marketing and consumer connection in the U.S. for the company.
By Erica Sweeney • July 13, 2018 -
Dang Foods rolls out high-fat, low-carb FATBAR
The company, which is best known for onion and coconut chips, will launch the product on Amazon in September and in Whole Foods in early 2019.
By Patti Zarling • July 13, 2018 -
Danone, Mars, Nestlé and Unilever launch sustainable food policy alliance
The four Big Food companies said the partnership will initially focus on improving nutrition labeling and reducing carbon emissions.
By Cathy Siegner • July 13, 2018 -
ColorKitchen debuts natural food colors for use in baking
The Oregon company claims its powdered substitutes stay bright, are shelf-stable and don't impart any flavors or odors to baked goods.
By Cathy Siegner • July 12, 2018 -
Dean Foods to close two plants, lay off 207 employees
Job losses are scheduled to begin in September. They are being blamed in part on Walmart's new milk processing facility, which opened in June in Indiana.
By Cathy Siegner • July 12, 2018 -
E-grocer GrubMarket nets $32M to expand delivery
Between 60% and 70% of the West Coast company's direct-from-the-farm business is in B2B sourcing, but future plans include expanding consumer delivery and an IPO.
By Krishna Thakker • July 12, 2018 -
Retrieved from Walmart on July 12, 2018
Walmart expands c-store concept to third location
The retail giant says its goal is to make shopping easier with fuel centers located in the parking lots of its massive supercenters.
By Daphne Howland • July 12, 2018 -
Fiji Water to end distribution partnership with Keurig Dr Pepper
Analysts speculate that Fiji's departure from the newly merged company could be followed by the loss of other brands, including BodyArmor, with Coca-Cola a potential buyer.
By Cathy Siegner • July 12, 2018 -
BJ's Wholesale accepts PayPal in latest digital move
The retailer is aggressively expanding online and mobile capabilities following its IPO, adding new digital payment options to streamline transactions.
By Dan O'Shea • July 11, 2018