Corporate Operations: Page 172
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Scaled-down Sam's Club store coming to Dallas
The Walmart-owned retailer's new convenience-focused concept will stock between 1,000 and 2,000 items compared to the typical 6,000.
By Jeff Wells • June 15, 2018 -
Retrieved from Walmart on June 14, 2018
Walmart opens its own milk processing plant in Indiana
The $165-million plant is the retailer's first food production facility and will provide a variety of private-label dairy products to about 500 Walmart stores in five states.
By Cathy Siegner • June 15, 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 -
Kellogg recalls Honey Smacks for salmonella contamination
So far, 73 people in 31 states have reported illnesses related to the outbreak, and reports say 1.3 million cases of the cereal could be involved.
By Megan Poinski • June 15, 2018 -
Retrieved from Amazon on June 14, 2018
Report: Microsoft creating cashierless tech to battle Amazon Go
The tech giant could be emerging as a new 800-pound gorilla in the cashierless checkout market, according to Reuters.
By Dan O'Shea • June 14, 2018 -
Supervalu proposes corporate structure change
The wholesaler/retailer wants to reorganize as a holding company, which would help it further align as a distributor and facilitate the sale of its retail assets.
By Jeff Wells • June 14, 2018 -
Kroger exits Raleigh-Durham market amid intense competition
The grocer plans to close 14 of its stores in the region, where it has operated since 1989. Eight of the locations will be converted to its Harris Teeter banner.
By Alicia Kelso • June 14, 2018 -
Product transparency driving sales growth in consumer goods
Nielsen found nearly 65% of U.S. households buy sustainable items, and brands that value sustainabilty and social responsibility saw the largest purchase increase.
By Patti Zarling • June 14, 2018 -
Bob's Red Mill sues trade group in gluten-free certification dispute
The company's complaint asks a federal judge to find the Gluten Intolerance Group of North America's certification symbol unenforceable.
By Cathy Siegner • June 14, 2018 -
Q&A
Spindrift CEO on quenching consumer thirst for sparkling water and real ingredients
After initially being turned down by major retailers, Bill Creelman now expects as many as 25,000 stores will carry his product by the end of the year.
By Christopher Doering • June 14, 2018 -
Developer sues Lidl over cancelled projects
Leon Capital Group claims the discounter wrongfully left it with "substantial financial losses" after exiting store developments in three North Carolina cities.
By Jeff Wells • June 13, 2018 -
Whole Foods is 'accelerating' its Prime savings rollout
The grocer added the membership discounts to stores in 10 states this week, and says it's getting strong customer feedback.
By Alicia Kelso • June 13, 2018 -
Mars Wrigley taps marketing vet as new global president
The confectionery giant named current CMO Andrew Clarke to the role, which he will take over in September from the retiring Martin Radvan.
By Jessi Devenyns • June 13, 2018 -
Opinion
CPG in trouble: Can solutions be found in corporate venturing and startups?
To take maximum advantage of corporate venturing, CPG companies need to adopt some startup know-how, according to Bahige El-Rayes and Roberta Roeller of A.T. Kearney.
By Bahige El-Rayes and Roberta Roeller • June 13, 2018 -
Kellogg names Chris Hood North American president
Starting July 1, he will take over the cereal maker's largest region responsible for morning foods, snacks and frozen products.
By Cathy Siegner • June 12, 2018 -
New Sabra CEO dips into the potential of 'feel-good food'
Coffee veteran Tomer Harpaz plans to help drive sales of the company's on-trend hummus and dips by expanding opportunities for enjoyment.
By Megan Poinski • June 11, 2018 -
Clif Bar expands reach into cereal aisle
Although best known for its granola bars, the snack maker is hoping its new product will give consumers another way to gain energy and nutrition on the go.
By Jessi Devenyns • June 11, 2018 -
Could Albertsons' purchase of Rite Aid fall apart?
Many shareholders believe the drugstore chain is worth more than the grocer offered to pay when the deal was announced in February.
By Krishna Thakker • June 11, 2018 -
Lidl surprise: US consumers love it
Reports of the German grocer's first year in the country have generally been negative, but a new study from Oliver Wyman shows the store is resonating and building shopper loyalty.
By Megan Poinski • June 8, 2018 -
7 ways Walmart is innovating with technology
From new mobile apps for both customers and employees to robots on the store floor, the retail giant is using tech to best the competition.
By Laura Heller • June 8, 2018 -
Opinion
The soda fountain of youth
Lou Jordano, CMO of Crimson Hexagon, explores whether Diet Coke's new flavors can help attract a younger audience.
By Lou Jordano • June 8, 2018 -
Molson Coors buys California kombucha company
The beer giant plans to expand marketing and distribution of Clearly Kombucha's fermented tea beverage beyond its current six Western states.
By Cathy Siegner • June 8, 2018 -
Nearly half of consumers wouldn't mind if their supermarket closed
The average American lives close to more than 10 grocery retailers and shops at almost half of them. A study found most people would just go somewhere else if their favorite location closed.
By Patti Zarling • June 8, 2018 -
Smucker's Q4 earnings hurt by stale baking brands
The struggling Pillsbury brand, which contributed to a 2% decline in its consumer food segment, is among the products it could divest as it explores a sale of its baking portfolio.
By Emma Liem Beckett • June 7, 2018 -
Heineken USA taps Maggie Timoney as new CEO
The company veteran, who currently oversees its division in Ireland, is the first woman to take the helm of a major U.S. beer manufacturer.
By Patti Zarling • June 7, 2018 -
United Natural Foods beats on revenue, but margins slip
The specialty wholesaler recorded $2.65 billion in net sales, with plans to top $10 billion for its fiscal year.
By Jeff Wells • June 7, 2018