Corporate Operations: Page
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Constellation looks to sell US wine brands
The maker of Modelo and Corona beers is reportedly hoping to make a deal for more than $3 billion, sources told Reuters.
By Lillianna Byington • Oct. 22, 2018 -
Deep Dive
The Honest truth: How a tiny tea company is poised to become one of Coca-Cola's next $1B brands
As more stores carried its products and sports drinks, lemonades and kids beverages were added to the lineup, revenue has soared from $38 million a decade ago to more than $500 million today.
By Christopher Doering • Oct. 22, 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 -
Column
Leftovers: Treats sure to be a Halloween smash, creepy crisps
Upscale candy gets into the fun-size game, bars get bakeable and a Chinese company decides to munch on spent silkworms.
By Food Dive staff • Oct. 19, 2018 -
Kerry's consumer preference simulator aims for product sweet spot
The Ireland-based company gathered views of 17 sweeteners to better understand how people perceive them across sports drinks, carbonated soft drinks, ice cream, flavored alcoholic malt beverages, granola bars and cookies.
By Cathy Siegner • Oct. 18, 2018 -
Beyond Meat picks investment banks for IPO
A public offering would be the first for the new generation of companies making meat-like products from plants, which are increasingly popular with consumers.
By Christopher Doering • Oct. 18, 2018 -
Retrieved from Nestle on October 18, 2018
Nestlé's sales perk up 2.9% with growth in coffee and the North American sector
CEO Mark Schneider said in a release that this quarter's increases were "supported by disciplined execution and faster innovation."
By Lillianna Byington • Oct. 18, 2018 -
Time to ban dihydrogen monoxide? Consumers take clean label to extremes
Some additives, artificial colors and flavors are being taken out of food products to appease shoppers who want healthy and recognizable ingredients.
By Cathy Siegner • Oct. 18, 2018 -
Constellation chief to step down in March, COO to assume top post
The change in the c-suite comes as the brewer of Corona and Modelo Especial makes a $4 billion bet on the burgeoning cannabis industry.
By Christopher Doering • Oct. 18, 2018 -
Danone sales rise 1.4% amid strong demand for yogurt and plant-based foods
While the French company faces ongoing challenges in other parts of its operations, segments known to consumers in North America continue performing well.
By Christopher Doering • Oct. 17, 2018 -
Retrieved from General Mills on November 09, 2015
Big Food drops legacy brands to make way for new products
Healthier consumer eating habits and increasing millennial and Gen Z influence are pushing manufacturers to cut slower-growing items.
By Cathy Siegner • Oct. 16, 2018 -
Kellogg supports World Food Day push with digital drive on Amazon
As more brands focus on cause-led marketing initiatives, Amazon can leverage the partnership to show how its platform bolsters those efforts.
By Erica Sweeney • Oct. 16, 2018 -
Commercial kitchen and distribution service Pilotworks shuts down overnight
With no warning and no explanation, the much-celebrated incubator closed its doors, leaving 175 startups in the lurch.
By Jessi Devenyns • Oct. 16, 2018 -
Former Kellogg sub-distributors sue over logistics shift
The once-downstream partners claim the manufacturer misrepresented its supply chain plans.
By Edwin Lopez • Oct. 16, 2018 -
Smucker looks to innovation and marketing to build brands
The Ohio-based maker of Jif, Folgers and Crisco is relying on consumer insights and data to enhance new ideas and messaging for its products.
By Cathy Siegner • Oct. 15, 2018 -
US beef exports hit record high, while pork faces challenges
In August, the red meat sold to other countries exceeded $750 million for the first time. But tariffs from China and Mexico have hurt the white meat's sales.
By Lillianna Byington • Oct. 15, 2018 -
Q&A
Tetra Pak thinking outside the box as sustainable packaging demand grows
Gustaf Rabe, the company's VP of aseptic sales in the U.S. and Canada, discusses how it's embracing current trends through the use of plant-based plastics and modernized designs.
By Krishna Thakker • Oct. 15, 2018 -
Deep Dive
Better together: Why some food companies enter into partnerships
In an industry that seems to be dominated by M&A, these agreements — often between companies that would otherwise be competitors — bring benefits to all involved.
By Megan Poinski • Oct. 15, 2018 -
Glanbia buys SlimFast for $350M
The Irish nutrition company is buying the former weight loss titan from Kainos Capital for about 15% of what Unilever paid for it in 2000.
By Lillianna Byington • Oct. 12, 2018 -
Heineken bringing its nonalcoholic beer to US in January
The Dutch brewer hopes Heineken 0.0 will see success here similar to the other countries where it's sold, drawing consumers away from wine, spirits and hard seltzers.
By Cathy Siegner • Oct. 12, 2018 -
Column
Leftovers: A Halloween visit to the ice cream graveyard
It's October, meaning it's time to get scary with visits from the ghosts of flavors past and a sweet reaper.
By Food Dive staff • Oct. 12, 2018 -
Soylent goes mostly non-GMO in the UK
The U.S.-based maker of meal-replacement beverages, known for its support of using science to make better plants for food, has switched out seven bioengineered ingredients to comply with British regulations.
By Cathy Siegner • Oct. 11, 2018 -
Smirnoff promotes flagship vodka going non-GMO with celebrity lineup
The Diageo brand is teaming up with actors Jenna Fischer and Ted Danson to announce that its base vodka is now made with non-GMO grain.
By Erica Sweeney • Oct. 11, 2018 -
New triple-cream yogurt brand boasts about 17% milk fat
Peak Yogurt, a San Francisco-based startup, has 270 calories per five-ounce cup and is targeted at those on ketogenic low-carb, high-fat diets.
By Cathy Siegner • Oct. 11, 2018 -
Retrieved from Nestle on October 10, 2018
Nestlé bets on coffee as the next winner in the craft evolution
In the last two years, the Swiss company has taken a stake in Blue Bottle, purchased Chameleon Cold-Brew and spent $7.15 billion on Starbucks' retail products.
By Christopher Doering • Oct. 11, 2018 -
Opinion
Will your nutrition tech stand out in 2019?
Amy Shim, the director of client services for Invention Evaluator, lays out the steps entrepreneurs should take to validate a nutrition tech product.
By Amy Shim • Oct. 11, 2018