Corporate Operations: Page 176


  • Walmart hit with $2B lawsuit over produce technology

    Zest Labs claims the retailer stole its proprietary information to develop Eden, a management system that can extend the shelf life of fruits and vegetables.

    By Alicia Kelso • Aug. 2, 2018
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    Blue Apron Facebook
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    Blue Apron posts loss as customer count falls 24%

    The meal kit maker's CEO called 2018 "a year of transition" as the company grapples with higher marketing costs, fewer users of the platform and challenges reaching profitability. 

    By Krishna Thakker • Aug. 2, 2018
  • A person in a grocery store putting items in a smart cart. Explore the Trendline
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    Courtesy of Instacart
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    Trendline

    Top 5 stories from Food Dive

    The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future. 

    By Food Dive staff
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    Retrieved from Kroger on August 01, 2018
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    Skip the store: Kroger unveils direct-to-consumer grocery marketplace

    The company's Ship service will launch in four cities and offer more than 50,000 shelf-stable and bulk products, with free delivery on orders over $35.

    By Jeff Wells • Aug. 1, 2018
  • Molson Coors plans to 'aggressively address' flat North American sales

    The brewer of Miller Lite and Coors Light also said its Canadian unit formed a joint venture with Hydropothecary Corp. to develop non-alcoholic, cannabis-infused beverages.

    By Aug. 1, 2018
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    Retrieved from Nestle on January 31, 2018
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    Nestlé names new CMO for North American water portfolio

    Yumi Clevenger-Lee​'s background in product innovation and launches could help the marketer stay competitive in a quickly moving category.

    By Erica Sweeney • Aug. 1, 2018
  • Three startups secure a total of $350M to challenge traditional players in food and beverage space

    Brandless, Bulletproof and Apeel each announced new funding this week, which they will use to extend their footprints and technology. 

    By Alicia Kelso • Aug. 1, 2018
  • DouxMatok and European sugar company partnership could sweeten CPG reformulations

    The Israel-based manufacturer of sugar-reducing technology will have its product manufactured and distributed in Europe by Südzucker. A similar U.S. partnership may be announced soon. 

    By Aug. 1, 2018
  • Sara Lee's new owner hopes to thaw sales through R&D

    Private equity firm Kohlberg & Company, which acquired the iconic frozen baked goods brand and Van's Foods from Tyson in June, hopes to re-energize the brand.

    By Patti Zarling • Aug. 1, 2018
  • Activist investor Third Point takes more than $300M stake in Campbell Soup

    Dan Loeb, who oversees the hedge fund, took a 1.25% stake in Nestlé valued at more than $3 billion a year ago.

    By Aug. 1, 2018
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    Wikimedia Commons
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    Mark Gross to step down as Supervalu CEO

    Gross had overseen key wholesale acquisitions and will depart after the company's merger with United Natural Foods closes.

    By Jeff Wells • July 31, 2018
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    Megan Poinski
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    Aldi grows in the Garden State with 6 new stores

    The hard discounter is focusing on a densely populated state it knows well — despite challenges its rival Lidl faced expanding in New Jersey.

    By July 31, 2018
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    Flickr
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    Consumers look beyond ingredients when deciding what product to buy

    Manufacturers are turning to bolder flavors, colors, packaging and new messaging to get shoppers excited about their product, according to one analyst.

    By Jessi Devenyns • July 31, 2018
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    Dannon
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    Danone's sales surge amid strong yogurt demand, social responsibility push

    While innovation and savvy investments help drive growth in much of the world, the company is embracing sustainability and consumer trends to foster future expansion.

    By July 31, 2018
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    Yujin Kim
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    Deep Dive

    Going around the grocery: How brands use e-commerce to sell direct-to-consumer

    As the model continues to expand, brands and grocers are searching for innovative methods to reach consumers through data, technology and content. 

    By Krishna Thakker • July 30, 2018
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    Retrieved from Amazon on June 14, 2018
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    90% of food and beverage industry leaders expect sales growth, but will economic policy make a difference?

    According to Mazars USA's annual survey, 84% of company execs plan to see higher profit and 69% predict an increase in employment.

    By Jessi Devenyns • July 30, 2018
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    Yujin Kim
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    Deep Dive

    David versus Amazon: Can independent grocers profit off e-commerce?

    While large competitors often win on price and convenience, experts say small retailers can’t afford to shy away from online shopping.

    By Jeff Wells • July 30, 2018
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    Yujin Kim
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    Deep Dive

    Peeking inside the pod: A deep look inside Peapod's grocery delivery business

    As competition increases and more consumers purchase food online, the Chicago company increasingly depends on drivers like Ron Gordon to be the face of its business.

    By July 30, 2018
  • How strong CPG brands sweeten restaurant dessert sales

    More than half of Gen Zers and millennials said they would pay more for items made with products they trust — and would come back for more.

    By Patti Zarling • July 30, 2018
  • Boston Beer earnings fall short of estimates

    The brewer's stock price dropped 41% the morning after it reported losses due to marketing, packaging and shipping costs.

    By Krishna Thakker • July 27, 2018
  • Deep Dive

    With Supervalu acquisition, UNFI gets a company in transition

    The combination will create a new wholesaling entity offering a wide variety of products, but both companies have significant challenges to overcome in order to make the deal work.

    By Jeff Wells • July 27, 2018
  • Necco shuts down Massachusetts factory and is reportedly resold

    Nothing is known about the entity that purchased the 171-year-old confection brand after a lawsuit accused Round Hill Investments of not paying for it.

    By July 27, 2018
  • How can Walmart get more online shoppers?

    According to a study from Packaged Facts, the mega-retailer has a 59% penetration rate in store, but only 5% digitally.

    By Jessica Dumont • July 27, 2018
  • Nestlé's half-year sales rise, checking activist investor criticism

    Daniel Loeb has been pressuring CEO Mark Schneider to make aggressive changes, but the company's moderate investments in coffee and frozen food seem to be paying off. 

    By July 27, 2018
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    Retrieved from Walmart on July 26, 2018
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    Walmart tests driverless vehicles, bringing online shoppers to stores

    Through a partnership with Waymo, the retailer is the latest to test out autonomous technology.

    By Dan O'Shea • July 26, 2018
  • Hershey Q2 earnings sweetened by acquisitions and divestments

    The Pennsylvania-based candy maker saw success with the Amplify acquisition, logistical improvements and the sale of an underperforming Chinese sector. 

    By Krishna Thakker • July 26, 2018