Corporate Operations: Page 17
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Sleepytime Tea owner Hain Celestial explores sale of personal care brands
The segment generated about 3% of the company’s net sales during its most recent quarter, with the majority of its business coming from snacks, beverages and meal prep.
By Christopher Doering • Feb. 10, 2025 -
How Mondelēz laid the groundwork for a major digital overhaul
The snack maker spent 18 months gearing up for transformation, which will include generative AI exploration.
By Lindsey Wilkinson • Feb. 10, 2025 -
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 -
Mondelēz, Hershey pressured by a prolonged spike in cocoa prices
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant cautioned of a disconnect between fundamentals and market price.
By Christopher Doering • Feb. 6, 2025 -
Ingredion invests $100M in Indianapolis plant to grow texture business
The facility will also install modernized equipment to improve efficiency and reliability while reducing its greenhouse gas emissions.
By Christopher Doering • Feb. 6, 2025 -
ADM to cut up to 700 jobs, sell assets as nutrition segment faces headwinds
The ingredients manufacturer and crop trader identified more than $2 billion in opportunities to streamline its portfolio as it looks to cut costs.
By Sarah Zimmerman • Feb. 6, 2025 -
Column
The Weekly Sip: Jones Soda changes up C-suite, again | Absolut cracks open RTD cocktail varieties
In other beverage news, Celsius is tapping into the nostalgia of roller rinks and arcades with its latest energy drink flavor.
By Chris Casey • Feb. 6, 2025 -
Oreo hypes Post Malone cookie drop with new Snapchat ad format
The Mondelez marketer is the first in the snack category to take advantage of Sponsored Snaps, which include a link to make a purchase.
By Peter Adams • Feb. 6, 2025 -
PepsiCo to focus on value, healthier offerings amid slump in snacks
CEO Ramon Laguarta said the Doritos maker hasn’t seen a “direct impact” from GLP-1 medications despite higher consumer interest in health and wellness.
By Christopher Doering • Feb. 5, 2025 -
Opinion
How Super Bowl brand extensions can fuel big-time growth
The event has proven to be ideal for Budweiser and other brands to launch new offerings, writes Patricia Manos with Curion. But unless done right, these campaigns could become a high-profile flop.
By Patricia Manos • Feb. 5, 2025 -
Heinz teams with hip-hop hitmaker Mustard for new product, campaign
The marketer launched the culturally minded — and perhaps overdue — campaign with a spot that aired during the Grammy Awards.
By Chris Kelly • Feb. 4, 2025 -
Tyson chicken earnings pop as consumers prioritize protein
Growing demand for convenient meals is pushing the poultry giant to expand its presence in foodservice and the frozen aisle.
By Sarah Zimmerman • Feb. 4, 2025 -
Retrieved from CPAC on February 02, 2025
Canada pauses tariffs on US food and alcohol after Trump delays trade action
Retaliatory tariffs would have targeted $155 billion worth of American goods including beef, pork, orange juice, coffee and spirits.
By Edwin Lopez • Updated Feb. 3, 2025 -
JM Smucker to divest some sweets brands for $40M as it focuses on Hostess
The sale of the Cloverhill and Big Texas brands, as well as certain private-label products, also will help cut costs and reduce complexity across its manufacturing network.
By Christopher Doering • Feb. 3, 2025 -
Nestlé opens $675M beverage factory, distribution center in Arizona
The facility, which is creating 300 jobs, will produce creamers for several brands, including Coffee mate, Natural Bliss and Starbucks.
By Christopher Doering • Jan. 31, 2025 -
What food and beverage stakeholders need to know for 2025
Analysts say the adoption of GLP-1 drugs, the expansion of AI and the growth of multi-billion-dollar M&A deals chart an unpredictable path for the industry this year.
By Food Dive staff • Jan. 31, 2025 -
‘Topsy-turvy’ Super Bowl food prices reflect volatile market: Wells Fargo
While consumers are willing to pay more for some items, they are being more choosy about which ones to purchase, according to the bank’s chief agricultural economist.
By Chris Casey • Jan. 30, 2025 -
Celsius positioning beverage as a ‘lifestyle’ brand with products that go beyond energy
The company’s first major portfolio expansion is a hydration offering, with plans to enter other categories that connect it with more consumers.
By Christopher Doering • Jan. 29, 2025 -
How a 40-year beer veteran helped Spider-Man’s Tom Holland launch nonalcoholic Bero
The company’s brewmaster said it has ample room to expand as consumer interest in alcohol-free products grows and larger beer companies fail to fully back their offerings.
By Chris Casey • Jan. 28, 2025 -
Slice Soda returns to shelves as healthier offering
The beverage, once owned by PepsiCo, is tapping into consumer interest in nostalgia and better-for-you products made with real ingredients, probiotics and low amounts of sugar.
By Christopher Doering • Jan. 28, 2025 -
Ferrero buys protein snack company Power Crunch
The purchase expands the Nutella maker's presence in the better-for-you category while increasing its U.S. footprint.
By Christopher Doering • Jan. 24, 2025 -
The Campbell’s Company names new exec to head meals and beverage unit
Food industry veteran Risa Cretella will oversee a division with more than $5 billion in sales from brands including Rao’s, V8 and Swanson.
By Christopher Doering • Jan. 24, 2025 -
The alcohol industry seeks to brew sales growth beyond beer
Manufacturers of Miller High Life and Bud Light are moving into other categories like energy drinks, RTD cocktails and nonalcoholic products to remain relevant as consumer tastes change.
By Chris Casey • Jan. 23, 2025 -
Packaging materials didn’t cause Walmart broth recall, says TreeHouse Foods
Tetra Pak, which makes the cartons for the recalled broth, said it is not aware of procedural issues on its end.
By Katie Pyzyk • Updated Jan. 29, 2025 -
Q&A
Inside the evolution of Danone’s Stōk
The fast-growing beverage has expanded into a cappuccino-inspired cold brew, seasonal flavors and energy, bringing new usage occasions and consumers to the brand.
By Christopher Doering • Jan. 22, 2025 -
Retrieved from Danone.
Danone’s yogurt sales surge among US consumers using GLP-1 drugs
Oikos and its other popular brands are seeing a spike in demand as people taking the weight-loss medications turn to the portion-controlled snacks to meet their nutritional needs.
By Christopher Doering • Jan. 22, 2025