Mondelēz buys cookie maker Tate's Bake Shop for $500M

The premium bakery will operate as a standalone business to preserve its authenticity, while giving the CPG giant a stronger foothold in real ingredients popular with consumers.

By Emma Liem Beckett • May 7, 2018

Prepared foods lead Tyson's Q2 sales, but transportation costs drag on earnings

The Arkansas-based protein company also announced plans to reduce about 550 corporate jobs at its headquarters and Cincinnati and Chicago offices.

By Cathy Siegner • May 7, 2018

Explore the 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

PepsiCo imports Australian snack brand to US shelves

Red Rock Deli potato chips, which will be available online and in select retail outlets this spring, deliver the trendy flavors and free-from ingredient lists for which consumers are hungry. 

By Cathy Siegner • May 7, 2018

Nestlé pays $7.15B for rights to sell Starbucks products globally

The deal gives the Swiss company a stronger presence in coffee, a segment growing in popularity as consumers look to healthier beverages and RTD options.

By Christopher Doering • Updated May 7, 2018

Walmart reportedly beats Amazon to Flipkart with $15B bid

Google parent Alphabet also may join with the retail giant in taking a 75% stake in India's major homegrown e-commerce retailer.

By Daphne Howland • May 4, 2018

Post Holdings' Q2 net sales gain from refrigerated food, protein shakes

The manufacturer posted sales increases in all of its operating segments during the second quarter, including its RTE cereals.

By Cathy Siegner • May 4, 2018

B&G sales surge 4.7% behind strength in Cream of Wheat, Ortega brands

The manufacturer of Green Giant and Snackwells plans to increase prices and create more efficiencies in warehousing and shipping in an effort to offset higher distribution costs.

By Patti Zarling • May 4, 2018

Frozen foods provides boost to Pinnacle's earnings

During the first quarter, the maker of Vlasic pickles and Duncan Hines baking products posted a slight increase in net sales to $778.8 million and net income of $56.9 million.

By Cathy Siegner • May 3, 2018

Sprouts lowers guidance as comp-store sales growth slides

The discount natural and organic retailer reported a 2.7% increase in the key metric, noting that operational challenges and deflation impacted results.

By Jeff Wells • May 3, 2018

Kellogg's Q1 earnings top estimates, but morning foods are still stale

The RXBAR acquisition may be the prescription for continuing growth, as the cereal maker posted revenue of $3.4 billion for the quarter. 

By Emma Liem Beckett • May 3, 2018

Iconic A&P grocery brand finds a buyer

It's the end of an era for the grocer, which pioneered the modern supermarket and altered the way consumers shop for food.

By Alicia Kelso • May 3, 2018

Kraft Heinz squeezes past analyst expectations for Q1

The CPG giant reported net sales of $6.3 billion, down 0.3% from 2017's first quarter, largely because of higher product and distribution costs.

By Megan Poinski • May 3, 2018

Tyson Foods' VC arm invests in Israeli lab-grown meat business

Future Meat Technologies raised $2.2 million to continue working on a manufacturing technology platform for cost-efficient non-GMO production.

By Cathy Siegner • May 3, 2018

TreeHouse Foods beats expectations, but struggles persist

The private label manufacturer reported revenue of $1.48 billion during the first quarter, and blamed high commodity and freight costs for weak segment sales. 

By Emma Liem Beckett • May 3, 2018

Blue Apron trims losses, announces Costco pilot

The beleaguered meal kit company had 786,000 active users compared to 746,000 in the fourth quarter of 2017. Average revenue per customer was $250 versus $248.

By Christopher Doering • May 3, 2018

Publix's Q1 sales soar as grocery competition heats up

The beloved grocer continues to grow in crowded markets, with net sales up 6.8% and same-store sales up 5.1%.

By Jeff Wells • May 2, 2018

Molson Coors hurt by weak US demand, softness in beer industry

Total sales dropped 4.8% to $2.33 billion, while domestically they fell 5.8% to $1.65 billion. The company's CEO cited improving conditions for the remainder of 2018.

By Christopher Doering • May 2, 2018

Gatorade pits pro soccer teammates in fierce rivalry to promote new beverage

"Everything Changes" leverages the popularity of international stars Lionel Messi and Luis Suárez ahead of the World Cup. 

By Erica Sweeney • May 2, 2018

Mondelēz Q1 sales slip in North America, but climb elsewhere

A quarter of the snacking giant's revenues come from the United States, which saw challenging market dynamics and higher operating costs, Chairman and CEO Dirk Van de Put said. 

By Cathy Siegner • May 2, 2018

Instacart plans $40M support center in Atlanta

The so-called Customer Experience Center, set to be built during the next two years, will be the company's largest office outside of its San Francisco headquarters.

By Jeff Wells • May 2, 2018

Weis Markets fuels growth with $101M investment

The regional grocer will use the money to build new stores and remodel existing ones, improve its supply chain and expand its e-commerce offerings.

By Jeff Wells • May 1, 2018

Sabra spices up its hummus with barbecue jackfruit variety

The limited-edition product features a savory, shredded version of the fruit, which has become a popular meat substitute because of its texture. 

By Cathy Siegner • May 1, 2018

Does the new tax bill favor craft breweries over industry giants?

Supporters say the law put into place late last year will allow smaller makers of the beverage to improve equipment, distribution and to hire more workers.

By Patti Zarling • May 1, 2018

Small is big: Schnucks announces its latest scaled-down store

The 36,000-square-foot location will open in Warrenton, Mo., this fall, and will feature a wide selection of fresh produce, meat and bakery items.

By Patti Zarling • May 1, 2018

Walmart's Asda grocery chain to merge with Sainsbury's

If given the green light, pending various approvals, the megaretailer will hold 42% of the combined company, which is poised to become a U.K. grocery powerhouse.

By Corinne Ruff • April 30, 2018