Corporate Operations: Page 175
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General Mills leads $12M funding round for GoodBelly Probiotics
Its VC arm 301 INC provided a "significant majority" of the investment in the company, which already has products in more than 15,000 stores.
By Cathy Siegner • June 21, 2018 -
Investors crave food startups, but will they overindulge?
A survey shows the most attractive young companies for an investment are those working on meat and sugar alternatives, and robots that prepare food.
By Patti Zarling • June 21, 2018 -
Explore the Trendline➔
Getty Images
TrendlineHow AI is transforming the food and beverage industry
Companies are leaning on the technology across nearly all parts of their operations, from marketing to product design.
By Food Dive staff -
Kroger brings Soylent to more than 1,850 stores
The meal replacement brand's largest retail expansion to date could give the grocer a stronger foothold in the lucrative plant-based and convenience categories.
By Emma Liem Beckett • June 20, 2018 -
General Mills taps into trends with new low-sugar, high-protein YQ yogurt
The product, which follows the 2017 introduction of Oui by Yoplait, could help the company regain its footing in the category where it has ceded market share to upstarts like Chobani.
By Patti Zarling • June 20, 2018 -
Google to invest $550M in JD.com in blow to Amazon, Alibaba
The tech giant follows in the footsteps of Walmart and China's Tencent, becoming the latest global giant to invest in Chinese juggernaut JD.com.
By Dan O'Shea • June 19, 2018 -
High-stakes legal case pits Pabst Brewing against MillerCoors
The $400-million lawsuit accuses the brewing giant of breach of contract and anti-competition laws, fraud and misrepresentation because it may not continue its manufacturing and distribution agreement.
By Cathy Siegner • June 19, 2018 -
Tech-focused Kroger recognized as a top IT employer
The company was the only retailer recognized by Computerworld in its annual top-100 ranking.
By Alicia Kelso • June 19, 2018 -
Retrieved from Walmart on June 18, 2018
General Mills doubles down on indulgence with Dippin' Dots cereal
The product, which is based on the flash-frozen ice cream of the same name, reflects growing consumer demand for nostalgic, sugary varieties.
By Emma Liem Beckett • June 18, 2018 -
Report: Whole Foods' CEO Mackey has diminished role within the company
The founder and maverick CEO now works alongside two Amazon executives and reports to Steve Kessel, the company's head of physical stores, according to an organizational chart viewed by CNBC.
By Alicia Kelso • June 18, 2018 -
German meal kit maker Marley Spoon eyes profitability by 2019
CEO Fabian Siegel is optimistic the company can raise enough from its IPO next month in Australia to expand and become profitable.
By Cathy Siegner • June 18, 2018 -
For sale: Essentia functional water looking for bids
Speculators say the brand could fetch up to $500 million for its proprietary ionization process, which the company claims provides better hydration.
By Cathy Siegner • June 15, 2018 -
Publix expands complementary valet parking service
The Florida-based grocer is expanding the service to stores in the Tampa Bay area, and may add it to other locations soon.
By Krishna Thakker • June 15, 2018 -
Scaled-down Sam's Club store coming to Dallas
The Walmart-owned retailer's new convenience-focused concept will stock between 1,000 and 2,000 items compared to the typical 6,000.
By Jeff Wells • June 15, 2018 -
Retrieved from Walmart on June 14, 2018
Walmart opens its own milk processing plant in Indiana
The $165-million plant is the retailer's first food production facility and will provide a variety of private-label dairy products to about 500 Walmart stores in five states.
By Cathy Siegner • June 15, 2018 -
Kellogg recalls Honey Smacks for salmonella contamination
So far, 73 people in 31 states have reported illnesses related to the outbreak, and reports say 1.3 million cases of the cereal could be involved.
By Megan Poinski • June 15, 2018 -
Retrieved from Amazon on June 14, 2018
Report: Microsoft creating cashierless tech to battle Amazon Go
The tech giant could be emerging as a new 800-pound gorilla in the cashierless checkout market, according to Reuters.
By Dan O'Shea • June 14, 2018 -
Supervalu proposes corporate structure change
The wholesaler/retailer wants to reorganize as a holding company, which would help it further align as a distributor and facilitate the sale of its retail assets.
By Jeff Wells • June 14, 2018 -
Kroger exits Raleigh-Durham market amid intense competition
The grocer plans to close 14 of its stores in the region, where it has operated since 1989. Eight of the locations will be converted to its Harris Teeter banner.
By Alicia Kelso • June 14, 2018 -
Product transparency driving sales growth in consumer goods
Nielsen found nearly 65% of U.S. households buy sustainable items, and brands that value sustainabilty and social responsibility saw the largest purchase increase.
By Patti Zarling • June 14, 2018 -
Bob's Red Mill sues trade group in gluten-free certification dispute
The company's complaint asks a federal judge to find the Gluten Intolerance Group of North America's certification symbol unenforceable.
By Cathy Siegner • June 14, 2018 -
Q&A
Spindrift CEO on quenching consumer thirst for sparkling water and real ingredients
After initially being turned down by major retailers, Bill Creelman now expects as many as 25,000 stores will carry his product by the end of the year.
By Christopher Doering • June 14, 2018 -
Developer sues Lidl over cancelled projects
Leon Capital Group claims the discounter wrongfully left it with "substantial financial losses" after exiting store developments in three North Carolina cities.
By Jeff Wells • June 13, 2018 -
Whole Foods is 'accelerating' its Prime savings rollout
The grocer added the membership discounts to stores in 10 states this week, and says it's getting strong customer feedback.
By Alicia Kelso • June 13, 2018 -
Mars Wrigley taps marketing vet as new global president
The confectionery giant named current CMO Andrew Clarke to the role, which he will take over in September from the retiring Martin Radvan.
By Jessi Devenyns • June 13, 2018 -
Opinion
CPG in trouble: Can solutions be found in corporate venturing and startups?
To take maximum advantage of corporate venturing, CPG companies need to adopt some startup know-how, according to Bahige El-Rayes and Roberta Roeller of A.T. Kearney.
By Bahige El-Rayes and Roberta Roeller • June 13, 2018