Corporate Operations: Page 174
-
SpartanNash sees distribution gains while profit falls
The company recorded a 3.7% increase in its wholesale business, while its retail operations continued to decline in a challenging environment.
By Jeff Wells • May 30, 2018 -
Nestlé teams with WWE to urge fans to #ChooseWater
The campaign includes a sweepstakes and co-branded digital videos featuring wrestling stars discussing the benefits of staying hydrated.
By Erica Sweeney • May 30, 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 -
Coca-Cola taps into new market with launch of its first alcoholic drink
Despite the introduction of the new Lemon-Do product in Japan, the beverage maker said it has no plans to bring it to the U.S.
By Cathy Siegner • May 30, 2018 -
Albertsons to provide DNA testing for mental health issues at some stores
The grocery giant, which plans to offer the service at 28 locations initally, said it may have to spend time educating consumers about the new program.
By Patti Zarling • May 30, 2018 -
Spreading the Kinder Joy: Ferrero's product is on track for $100M in first-year sales
The two-part candy that contains chocolate and a toy is well-known in other countries, but it only recently arrived in the U.S.
By Cathy Siegner • May 29, 2018 -
Unilever's Knorr brings One Skillet Meals to grocery shelves
The company is trying to fill in elements it believes are lacking with most meal kits: ease, convenience, no preparation pressure and cheaper cost.
By Cathy Siegner • May 29, 2018 -
Crowd Cow raises $8M in financing
With the new investment, the Seattle-based start-up plans to expand its online "craft beef" from independent ranchers.
By Cathy Siegner • May 29, 2018 -
Blue Apron acquisition rumors stoked by Kroger's purchase of Home Chef
Analysts implied that the meal kit's best chance for recovery from a tumultuous year would come from a buyout by a bigger company.
By Alicia Kelso • May 29, 2018 -
Deep Dive
Not JUST food aid: How a manufacturer plans to feed the hungry — and profit
With its new Power Gari porridge produced in Liberia, the company formerly known as Hampton Creek is using knowledge of the food system and local population to change the way to look at the developing world.
By Megan Poinski • May 29, 2018 -
PepsiCo dares to go Bare
The beverage giant says its purchase of the dried fruit snack company for an undisclosed amount fits with its vision for nutritious options lower in fat, salt and additives.
By Patti Zarling • May 29, 2018 -
Publix faces boycott for donating to NRA-backed candidate
The grocer contributed to Adam Putnam's gubernatorial campaign due to his "pro-business values," but the company said it will re-evaluate how it makes donations to politicians and political parties.
By Patti Zarling • May 25, 2018 -
Diageo may sell some US spirits brands to focus on premium global products
Products such as Goldschläger, Myers's Rum, Popov and Romana Sambuca could be sold for between $500 million to $1 billion.
By Patti Zarling • May 25, 2018 -
Tate & Lyle buys 15% stake in U.S. stevia extract producer
The investment by the global ingredients producer in Sweet Green Fields comes after it signed an exclusive distribution deal with the company in 2017.
By Cathy Siegner • May 25, 2018 -
Nestlé's former U.S. candy brands getting a refresh under new owner
Ferrara, owned by Nutella maker The Ferrero Group, plans to reformulate and repackage some of the Swiss giant's former products, starting with Butterfinger.
By Cathy Siegner • May 25, 2018 -
British food companies fail to meet voluntary sugar reduction goals
Public Health England said it should have a clearer idea by next year about whether further action will be needed to compel companies to cut the sweetener.
By Caroline Macdonald • May 24, 2018 -
Necco auctioned off to Spangler Candy for $18.8M
The acquisition brings well-known and popular brands into Spangler's portfolio, and there are likely to be efficiencies between the companies' Ohio and Massachusetts plants.
By Cathy Siegner • May 24, 2018 -
Kroger buys meal kit maker Home Chef for $200M
The deal includes $500 million in additional incentives if the acquired company hits performance goals around online and in-store sales.
By Jeff Wells • May 24, 2018 -
Market fluctuations drag down Sanderson Farms earnings
Despite its disappointing Q2 results, the poultry giant's completion of its St. Pauls, North Carolina plant bodes well for the near future.
By Emma Liem Beckett • May 24, 2018 -
Food AI platform Whisk acquires Avocando, giving it global reach
The company wants to be a one-stop platform for consumers to collect recipe and nutrition information, and for grocers to connect with hungry shoppers.
By Patti Zarling • May 24, 2018 -
Dollar General brings back summer product exclusives
The offerings, including limited-edition Red Bull cans and a special flavor of Kellogg's Frosted Flakes, could spur novelty-driven sales this summer — particularly with millennials.
By Alicia Kelso • May 24, 2018 -
Hormel posts record Q2, but shipping and commodity volatility prove challenging
The Minnesota company maintained its earnings guidance and full-year sales projections even as it cautioned that its Jennie-O Turkey brand would remain under pressure.
By Christopher Doering • May 24, 2018 -
Campbell Soup names new head of soup division
The company named Roberto Leopardi as president of its meals and beverages operation just days after long-time CEO Denise Morrison abruptly retired.
By Christopher Doering • May 24, 2018 -
Retrieved from Target on November 14, 2017
Target posts strongest traffic increase in 10 years
It's been a big, expensive quarter for the retailer, with significant spend on stores and digital fulfillment, but the investments appears to be paying off with customers.
By Corinne Ruff • May 23, 2018 -
Retrieved from PepsiCo on October 09, 2015
False-advertising lawsuit against Diet Pepsi thrown out by court
In the fourth dismissal of such claims against diet sodas in the past three months, a federal judge found a reasonable consumer would not be deceived into thinking the beverages are weight-loss drinks.
By Cathy Siegner • May 23, 2018 -
What will Albertsons do with Thrifty ice cream after Rite Aid merger?
Fans love the frozen dessert's low cost and quirky flavors, but some worry the drugstore chain's product would change under the grocer's ownership.
By Cathy Siegner • May 23, 2018