Corporate Operations: Page 173
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Retrieved from PepsiCo on November 01, 2017
PepsiCo latest Big Food partner for Chicago incubator project
The company joins a growing list of firms to partner with The Hatchery, including Kellogg and Conagra, to develop and grow innovative snack products.
By Cathy Siegner • June 7, 2018 -
Sticker shock: Price war battles intensify among large grocers
Despite increased inflation and rising manufacturing costs, shoppers at Costco, Walmart, Kroger, and Target continue to pay less as stores battle for customers.
By Jessi Devenyns • June 7, 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 -
Craft beer hopes to reap greater profits through taproom and brewpub sales
According to statistics from the Beer Institute, direct-to-consumer sales at these venues grew 24.2% last year, representing one in every dozen craft brews sold in the U.S.
By Jessi Devenyns • June 6, 2018 -
Brown-Forman offers buyouts, warns of impact from US tariff war
The Kentucky maker of Jack Daniels whiskey posted sales during the fourth quarter of $733 million and earnings of $110 million.
By Christopher Doering • June 6, 2018 -
With recyclable packaging, Purple Carrot says it's rooting for the environment
The company's new corrugated boxes are made from 95% post-consumer material, using a recycled cellulose paper fiber liner and disposable ice packs.
By Alicia Kelso • June 6, 2018 -
Sniff Seal lets consumers determine if products pass the smell test
Tri-Seal has acquired a patent for the technology, which can help grocers and manufacturers avoid losses from shoppers breaking product seals to sample aromas.
By Cathy Siegner • June 6, 2018 -
GMA bets on Geoff Freeman as its new CEO
The former head of the American Gaming Association will take over for Pamela Bailey at the food and beverage trade group starting Aug. 1.
By Christopher Doering • June 5, 2018 -
Tyson buys organic producer Tecumseh Poultry
The maker of air-chilled Smart Chicken joins the meat producer's NatureRaise Farms and Aidells organic brands, and could give the company a competitive edge in the growing category.
By Emma Liem Beckett • June 5, 2018 -
Halo Top eyes more scoop shops
The popular ice cream is now being sold at two Southern California scoop shops, and the company just sponsored a four-day pop-up location in New York City.
By Cathy Siegner • June 5, 2018 -
H-E-B, Publix and Wegmans top KPMG customer satisfaction survey
The grocery sector, which had the most satisfied patrons on the whole, does well in terms of empathy, use of technology and personalization, the firm found.
By Patti Zarling • June 5, 2018 -
Where do vegetarian consumers prefer to shop? It isn't Whole Foods
An analysis shows shoppers who prefer meatless fare were most likely to visit Vons and Publix over Sprouts and the Amazon-owned grocer in early 2018.
By Patti Zarling • June 5, 2018 -
State bills banning taxes on sugary drinks gain momentum
After early stumbles, carbonated soft drink makers have scored wins in Michigan and Arizona, while a similar initiative is gaining strength in Washington state.
By Jessi Devenyns • June 5, 2018 -
Southeastern Grocers exits Chapter 11
The company, which reduced its debt by $600 million, plans to accelerate its store remodels and introduce a new customer loyalty program this summer.
By Jeff Wells • June 4, 2018 -
Teenage dream: Young consumers spend 1,000 hours thinking about food
A recent survey of 2,000 families with teens found that while they may complain about meals, young consumers often make menu suggestions and influence 30% of the weekly grocery bill.
By Cathy Siegner • June 4, 2018 -
Necco sells to Metropoulos family entity for $17.3M
After the bankruptcy sale to Spangler Candy fell apart, the second-highest bidder — which is known for turning around Hostess and other brands — was able to snag the confectioner.
By Megan Poinski • June 4, 2018 -
Will IOUs and slow payments hurt food and grocery companies in the long run?
Selling accounts receivables give companies more cash flow and makes their finances look better, but critics say the practice can be misleading.
By Patti Zarling • June 4, 2018 -
HelloFresh to sell meal kits at nearly 600 Ahold Delhaize stores
The pre-packed meals will be sold at Giant and Stop & Shop starting this week — the latest migration of the product into traditional brick-and-mortar locations.
By Christopher Doering • June 4, 2018 -
Dollar General could bring produce to 'thousands' of stores
CEO Todd Vasos says the company is pleased with early tests, noting the fresh additions give stores a competitive edge and help drive regular traffic.
By Jeff Wells • June 1, 2018 -
Albertsons expands private label offerings to include new premium line
The grocery chain's first product under the new Signature Reserve brand will be ice cream with flavors such as Brazilian Guava Cheesecake and Bourbon Maple Blondie.
By Krishna Thakker • June 1, 2018 -
FDA's definition of chocolate excludes new ruby variety
Barry Callebaut, which said several U.S. food companies are interested in the new ingredient, is asking the agency for a temporary marketing permit so it can properly label the new product.
By Cathy Siegner • June 1, 2018 -
Aldi targets Arizona for major expansion effort
The chain will build at least nine locations along with a regional office and distribution center in the Phoenix metro area.
By Jeff Wells • May 31, 2018 -
Inside Tyson Foods' effort to adopt the startup mentality
The meat processor has started an innovation lab whose seven-member team oversees everything from creating to marketing the products — to get them to consumers faster.
By Christopher Doering • May 31, 2018 -
SnackNation gets $12M in funding to accelerate growth plans
The Los Angeles-based startup plans to expand distribution beyond offices and homes to hospitality and transportation channels while bolstering data-collection activities to benefit the brands it carries.
By Cathy Siegner • May 31, 2018 -
Retrieved from Walmart on April 06, 2018
Walmart kicks off shareholders' meeting with focus on associates
The annual meeting started with a series of announcements about workforce initiatives in front of employees at an Arkansas arena.
By Laura Heller • May 30, 2018 -
Opinion
Can food take lessons from other industries?
Specialty Foods Association President Phil Kafarakis writes that borrowing ideas from tech, health care, banking and insurance could help companies adapt to changing business trends.
By Phil Kafarakis • May 30, 2018