Corporate Operations: Page 173
-
Data firm dunnhumby acquires Aptaris Software
The merger caps a strategic partnership that creates what the companies call the only end-to-end promotions management platform in the market.
By Jeff Wells • May 18, 2018 -
Campbell Soup CEO abruptly leaves, company plans strategic review of portfolio
Along with the surprise departure of Denise Morrison, who has led the soup maker since 2011, the company also announced it is lowering its earnings outlook for its 2018 fiscal year.
By Christopher Doering • May 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 -
BJ's Wholesale plans a return to public markets with IPO filing
The club's private equity owners abandoned the idea last year, but haven't been able to sell the retailer.
By Daphne Howland • May 18, 2018 -
B&G Foods poised to raise retail prices later this month
As shipping and other costs rise, the company is feeling the squeeze — and it's gambling that a small increase across its product lines will cover them.
By Cathy Siegner • May 18, 2018 -
Blackwells reinforces threat to oust most of Supervalu's board
The activist investor, which owns a 5.2% stake in the grocer and wholesaler, hasn't been satisfied with recent divestments and is pushing for a shareholder's meeting.
By Megan Poinski • May 18, 2018 -
Bunge files for IPO of Brazilian sugar and ethanol mills
If the agribusiness and ingredients giant is successful, the money raised could sweeten the pot for a future acquisition by another company.
By Cathy Siegner • May 17, 2018 -
Walmart's e-commerce growth rebounds
U.S. online sales at the big-box retailer jumped 33%, compared to just 23% last quarter.
By Corinne Ruff • May 17, 2018 -
Lidl names new president and CEO of US operations
Johannes Fieber, a 10-year veteran with the retailer and former leader of its Swedish arm, will replace the American expansion's initial leader, Brendan Proctor.
By Emma Liem Beckett • May 17, 2018 -
Kroger partners with Ocado in a bet on the future of online grocery
The Cincinnati-based retailer's agreement with the world’s largest e-grocer will rapidly accelerate its automated fulfillment capabilities and position it to compete with Amazon and Walmart.
By Jeff Wells • May 17, 2018 -
Blue Apron picks 29-year PepsiCo veteran as new CFO
Tim Bensley will start next week, bringing expertise in the consumer packaged goods and food retail industries to the meal kit company.
By Christopher Doering • May 17, 2018 -
Tostitos whips up 42-layer royal wedding cake with dip
A video of the cake's construction will be posted on Facebook and Instagram, and the brand shared a simplified version of the recipe online.
By Erica Sweeney • May 17, 2018 -
Kellogg hopes consumers fill their bowl with first new Froot Loops flavor in 10 years
The company is looking for the new Wild Berry variety to expand the product's reach throughout the day, including the morning where sales remain "soft."
By Cathy Siegner • May 17, 2018 -
Flowers Foods' Q1 sales rise, but production costs increase even more
The baker reported a sales bump and a net income loss during the period, while its Dave's Killer Bread products continue to drive sales growth.
By Cathy Siegner • May 17, 2018 -
Deep Dive
No allergens, no problem: Consumers react positively to safer-eating foods
Larger trends such as healthy eating, clean labels and non-GMO items give the segment a boost.
By Megan Poinski • May 17, 2018 -
Study: Low-calorie sweeteners do not affect desire for sweet foods
While the ingredient may seem an obvious way to cut sugars without sacrificing taste, a few other reports have linked them to illnesses such as diabetes or changes in gut bacteria.
By Caroline Macdonald • May 17, 2018 -
Prime time: Whole Foods rolls out 10% member discounts
The Amazon-owned grocer will offer Prime members special deals and an additional 10% off hundreds of sale items in stores.
By Jeff Wells • May 16, 2018 -
Retrieved from Walmart on April 18, 2018
Walmart drops mobile Scan & Go checkout
The failed test highlights the challenge of convincing shoppers to adopt next-generation store experiences.
By Natalie Black (Koltun) , Robert Williams • May 16, 2018 -
H-E-B names digital officer as online grocery heats up in Texas
Jag Bath also serves as the CEO of Favor Delivery, which the retailer acquired in February.
By Jeff Wells • May 16, 2018 -
Retrieved from Amazon on April 28, 2017
AmazonFresh will drop third-party sellers at the end of the month
The change comes as the online giant expands its Prime Now grocery service, which is part of the company’s integration with Whole Foods.
By Alicia Kelso • May 16, 2018 -
Why Del Monte Foods is moving new products to the perimeter
The iconic brand, best known for canned fruits and vegetables, has introduced single-serve fruit items for grab-and-go consumers and plans more innovations for early 2019.
By Cathy Siegner • May 16, 2018 -
Retrieved from Nestle on November 22, 2017
Nestlé plans steeper cuts in salt, sugar and saturated fats used in its products
The Swiss company's push to further improve its formulas reflects a growing effort by manufacturers to better align their brands with health-conscious consumers.
By Cathy Siegner • May 16, 2018 -
HelloFresh officially pulls ahead of Blue Apron as the meal kit market leader
The German company grew its customer base in the U.S. to 1.2 million, a 68.9% increase over last year.
By Jeff Wells • May 15, 2018 -
Retrieved from Target on November 14, 2017
Target slashes Restock delivery fee for loyalty members
The move signals to Amazon and Walmart that the mass merchant won't give up the fight when it comes to everyday household goods.
By Daphne Howland • May 15, 2018 -
California e-grocer Good Eggs announces $50M in new funding
The investment will help the company grow its capacity in the Bay Area, where it’s based, and expand operations to the Southern California market next year.
By Jeff Wells • May 15, 2018 -
Opinion
Big Food's information gap
Startups make better use of consumer feedback than large food companies, and the bigger firms should take a page from their playbook, writes Ben Lewis of Little Spoon.
By Ben Lewis • May 15, 2018