Corporate Operations: Page 175
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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 -
New American Anthem vodka brand touts patriotism, military support
The product from U.K.-based Diageo uses corn from Iowa and Indiana, and donates some of its profits to military organizations.
By Patti Zarling • May 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 -
Retrieved from Coca-Cola on May 21, 2018
Coca-Cola upgrades Freestyle dispenser with Bluetooth, mobile app requests
Customers can customize and request their beverage via a mobile app without scanning a QR code or interacting with the dispenser's screen.
By Robert Williams • May 22, 2018 -
Ahold Delhaize will launch dedicated e-commerce unit
The new venture, Peapod Digital Labs, will oversee the company’s online innovation efforts as it tries to keep pace in the rapidly evolving channel.
By Jeff Wells • May 22, 2018 -
Earth Fare serves up local, frozen produce year-round
The grocer has partnered with Seal the Seasons, a supplier that partners with family farms and freezes seasonal fruits and vegetables at their peak of freshness.
By Alicia Kelso • May 22, 2018 -
REBBL, High Brew each raise $20M in investment rounds
The beverage companies plan to use the money to enhance marketing efforts, and, in REBBL's case, fight human trafficking in areas where it sources its ingredients.
By Cathy Siegner • May 22, 2018 -
Deep Dive
Snacking's appetite grows to take a bigger bite of US food consumption
The category has expanded beyond salty and sugary items that once defined the space to include more options that meet consumer needs like convenience and better-for-you products.
By Pamela DeLoatch • May 21, 2018 -
Albertsons will pilot Amazon Go-like technology in stores and at the pump
During last week's analyst day presentation, officials noted the soon-to-launch in-store test will apply only to a limited selection of products, including prepared foods and Plated meal kits.
By Alicia Kelso • May 21, 2018 -
Deep Dive
Forgotten and unloved brands get a reboot as Big Food looks for untapped growth
Hormel, Campbell Soup and Conagra are among the companies that are innovating and expanding the reach of iconic products — some of which haven't been updated in years.
By Christopher Doering • May 21, 2018 -
Deep Dive
Food companies hungry for snacks turn to innovation and M&A to fill up
In an industry beset by slow growth, Conagra, Hershey, Campbell Soup and other large CPG firms are focusing more of their attention on the burgeoning space with $89 billion in annual sales.
By Christopher Doering • May 21, 2018 -
Walmart will roll out home grocery delivery in Chicago this week
The Windy City becomes the 11th U.S. metro area to receive the service, as the retailer plans to eventually provide home delivery grocery services to 40% of the U.S. population.
By Patti Zarling • May 20, 2018 -
Tyson subsidiary launches butcher certification program for pork retailers
The free training program, available to retailers selling the company's top-level brand, provides education about product attributes, merchandising advice and in-store signage.
By Cathy Siegner • May 18, 2018 -
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 -
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