Corporate Operations: Page 167


  • Boston Beer earnings fall short of estimates

    The brewer's stock price dropped 41% the morning after it reported losses due to marketing, packaging and shipping costs.

    By Krishna Thakker • July 27, 2018
  • Deep Dive

    With Supervalu acquisition, UNFI gets a company in transition

    The combination will create a new wholesaling entity offering a wide variety of products, but both companies have significant challenges to overcome in order to make the deal work.

    By Jeff Wells • July 27, 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
  • Necco shuts down Massachusetts factory and is reportedly resold

    Nothing is known about the entity that purchased the 171-year-old confection brand after a lawsuit accused Round Hill Investments of not paying for it.

    By July 27, 2018
  • How can Walmart get more online shoppers?

    According to a study from Packaged Facts, the mega-retailer has a 59% penetration rate in store, but only 5% digitally.

    By Jessica Dumont • July 27, 2018
  • Nestlé's half-year sales rise, checking activist investor criticism

    Daniel Loeb has been pressuring CEO Mark Schneider to make aggressive changes, but the company's moderate investments in coffee and frozen food seem to be paying off. 

    By July 27, 2018
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    Retrieved from Walmart on July 26, 2018
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    Walmart tests driverless vehicles, bringing online shoppers to stores

    Through a partnership with Waymo, the retailer is the latest to test out autonomous technology.

    By Dan O'Shea • July 26, 2018
  • Hershey Q2 earnings sweetened by acquisitions and divestments

    The Pennsylvania-based candy maker saw success with the Amplify acquisition, logistical improvements and the sale of an underperforming Chinese sector. 

    By Krishna Thakker • July 26, 2018
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    Jeff Wells
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    UNFI to acquire Supervalu for $2.9B

    The move, which follows mounting pressure on the Minnesota-based company, expands UNFI's fresh business and gives it access to new markets.

    By Jeff Wells • July 26, 2018
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    Christopher Doering
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    AB InBev's struggle to revive US sales continues

    Growing consumer interest in small brewers and international imports, and a hefty marketing spend around the World Cup, weighed on its Q2. 

    By July 26, 2018
  • Mondelez power brands push revenues up worldwide

    The snacking giant posted solid growth, with e-commerce, biscuits and chocolate leading the way.

    By July 26, 2018
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    Christopher Doering
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    Coca-Cola's diet drinks boost Q2 performance

    The beverage giant exceeded Wall Street expectations, with a net income of $2.32 billion compared to $1.37 billion in the same quarter last year.

    By July 25, 2018
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    Rethink Water
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    Rethink Water raises $6.7M for kid-sized boxes

    As environmentally conscious millennials begin families of their own, they are looking for sustainable, healthy products for their children — a sweet spot the manufacturer is hoping to be first in. 

    By Patti Zarling • July 25, 2018
  • BJ's Wholesale Club finds success offering more fresh foods and smaller items

    The East Coast bulk retailer says the refrigerated items represent 27% of sales, much higher than its competitor Costco. 

    By Patti Zarling • July 25, 2018
  • Tesco's new format raises questions about US grocers' discounter defense

    The British retailer is reportedly preparing to open a chain of smaller low-price stores in response to Aldi and Lidl.

    By Jeff Wells • July 24, 2018
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    Wikimedia Commons
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    Albertsons doubles down on experience at new Idaho store

    The new flagship location in Boise offers culinary classes, events, a restaurant-style food court, a concierge, and will serve wine and 32 craft beers at its bar. 

    By Krishna Thakker • July 24, 2018
  • Chick-fil-A's meal kit test puts pressure on a crowded category

    The quick-service restaurant plans to test five different varieties in Atlanta stores before deciding whether or not to roll the offerings out chainwide. 

    By Alicia Kelso • July 24, 2018
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    Christopher Doering
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    Deep Dive

    Are grocers solving the e-commerce riddle? Depends on whom you ask

    Most major supermarket chains have made investments or partnerships in the space, but some experts question whether they are doing enough to separate themselves from their competitors.

    By July 23, 2018
  • PepsiCo CEO downplays threats to Gatorade's market dominance

    While it's still the leading energy beverage in the country, the sports drink is facing headwinds as consumers sour on sugar and brands like BodyArmor grow in popularity.

    By Cathy Siegner • July 23, 2018
  • Kroger shrugs off Amazon's Prime Day boast

    The web giant's claim that it shipped more than 100 million products in the first 24 hours of Prime Day prompted a response from the grocer, which said it sells about 110 million items a day.

    By Alicia Kelso • July 23, 2018
  • FMI: Grocers should take a more holistic approach to loyalty

    A new report shows retailers can gain or lose loyal shoppers across all areas of their business, including merchandising, in-store experience and food departments. 

    By Alicia Kelso • July 20, 2018
  • New Jewel-Osco president faces an uphill battle in the Windy City

    Paul Gossett, former head of Albertsons' Shaw's and Star Market divisions, steps into the role following the death of previous president Doug Cygan.

    By Jeff Wells • July 20, 2018
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    Kawha
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    Publix expanding Kahwa coffee partnership

    The Tampa Bay-based coffee chain said it will add 130 of its in-store cafes to locations across the Southeast.

    By Krishna Thakker • July 20, 2018
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    Hampton Creek
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    JUST partners with European egg leader for manufacture and distribution

    Eurovo will use its existing facilities and supply chain to make and move JUST Egg, then sell the product in retail and foodservice channels, paying royalties to the California-based company.

    By July 20, 2018
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    Lean Cusine
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    Nestlé's Lean Cuisine debuts meatless options with new Origins line

    The Swiss company said the popular frozen entrée brand was broadening options for consumers by presenting on-trend ingredients in innovative ways.

    By Cathy Siegner • July 20, 2018
  • Unilever growth heats up despite chills in ice cream, condiments

    The consumer goods giant said there was some "dialing back" in pricing following several strong years, as well as increased promotions for some food products.

    By Patti Zarling • July 20, 2018