Corporate Operations: Page 182
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Walmart now price matching Amazon on 53% of products
The company's competition is driving down prices at Target, Jet and other retailers, according to research from e-commerce analytics firm Profitero.
By Daphne Howland • April 4, 2018 -
Albertsons expanding Open Nature private-label products into home care items
The Idaho-based grocer said these new products — in addition to the recently added baby and pet food lines — will be part of 240 new ones the brand plans to add this year.
By Cathy Siegner • April 4, 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 -
Whole Foods is still 'whole paycheck' under Amazon, research shows
Gordon Haskett Research Advisors found prices had only come down 0.1% since November, and just 1.2% since August, shortly before the merger closed.
By Dan Alaimo • April 4, 2018 -
Can Beech-Nut's new toddler snacks disrupt the category?
The company aims to capture millennial parents with bars and other products that address the demographic's interest in healthy eating, clean labels and convenience.
By Cathy Siegner • April 4, 2018 -
Craft beer industry showing signs of saturation
Despite growing sales, the maturing space had 165 breweries close in 2017, an increase of 70% from the prior year.
By Alicia Kelso • April 4, 2018 -
Hershey commits $500M to sustainable cocoa initiative in West Africa
The candy company is aiming to bolster supplies in the Ivory Coast and Ghana, where much of the ingredient used to make its iconic bars and Kisses is grown.
By Cathy Siegner • April 4, 2018 -
Optimism is high for Blue Moon founder's THC nonalcoholic beer launch
Keith Villa, who left MolsonCoors in January after 32 years, plans to introduce cannabis-infused beverages later this year.
By Alicia Kelso • April 3, 2018 -
Deep Dive
More than just good fortune: Lucky's Market stakes its claim in the natural and organic segment
The grocer's quirky, affable vibe has helped it grow in small cities across America, but can it thrive under pressure from traditional competitors and a new crop of grocers?
By Pamela DeLoatch • April 3, 2018 -
Majority of consumers prefer the taste of dairy to alternatives
A study from Cargill found two-thirds of consumers use animal-based products on a regular basis, while half of those trying plant-based options also consume dairy.
By Cathy Siegner • April 3, 2018 -
Activist investor wants Ahold Delhaize to ditch 'poison pill'
A French investor wants the grocer to do away with a corporate practice known as "stichting," which allows a separate holding company to potentially block any unwanted acquisitions.
By Dan Alaimo • April 2, 2018 -
Whole Foods tests signage promoting further discounts for Amazon Prime members
While banners posted last week at a Texas store indicated users would get more special deals, they were removed the following day. The company denied a campaign was in the works.
By Cathy Siegner • April 2, 2018 -
Report: Albertsons-Rite Aid merger carries significant risk
The companies stand to benefit from the deal, but to do so they’ll have to execute the integration seamlessly, according to Moody’s.
By Jeff Wells • April 2, 2018 -
Constellation Brands toasts to Q4 as sales rise for beer, wine and spirits
The New York-based company posted increases in its major segments during the past quarter, with full fiscal year earnings up 3%.
By Cathy Siegner • March 29, 2018 -
Post Holdings moves closer toward IPO of its private brands business
The cereal maker filed a draft registration with the Securities and Exchange Commission for a public offering of the unit, but it hasn't ruled out other options, including a sale.
By Emma Liem Beckett • March 29, 2018 -
Kellogg increases vitamin D in range of cereals
The company will increase levels in some of its cereals in European and Middle Eastern markets in order to combat widespread deficiencies of the micronutrient.
By Caroline Macdonald • March 29, 2018 -
Electric vehicles could hurt beverage sales at the convenience store
Fewer consumer visits might affect Monster Beverage, PepsiCo and Dr Pepper Snapple, which depend on impulse purchases and immediate consumption, according to Morgan Stanley analysts.
By Dan Alaimo • March 29, 2018 -
Monsanto invests $125M in gene-editing startup Pairwise Plants
The new collaboration will use CRISPR to develop crops that are sweeter or more flavorful, have an extended shelf life, or are more tolerant to drought and floods.
By Cathy Siegner • March 28, 2018 -
Opinion
Thinking outside the meal kit box to improve food safety and quality
While these products have become popular, there are challenges that remain. Steritech's Doug Sutton offers advice on ways to address high cancellation rates and falling sales.
By Doug Sutton • March 28, 2018 -
Retrieved from Nestle on March 27, 2018
Nestle unveils 'hollow sugar' candy bar
The Swiss food giant's new technology reduced the amount of the sweetener used in its Milkybar Wowsomes, a confection sold in Europe, by 30%.
By Cathy Siegner • March 28, 2018 -
Fungi fun: NJ Whole Foods features an in-store mushroom farm
Up to 120 pounds are grown and harvested for shoppers each week as extremely fresh produce at the new location.
By Cathy Siegner • March 27, 2018 -
App that cuts food waste in the supply chain gets $2M in funding
AgShift, a California startup, has developed a process to quickly inspect produce to gauge its freshness and make sure that it complies with industry and USDA specifications.
By Cathy Siegner • March 27, 2018 -
Deep Dive
With $5B purchase of Snyder's-Lance, Campbell Soup aims to rewrite its story
Carlos Abrams-Rivera, an executive with the CPG giant, told Food Dive the acquisition of the Cape Cod chips and Emerald nuts manufacturer will boost his company's presence in the fast-growing snacking space.
By Christopher Doering • March 27, 2018 -
Maker of iconic Sweethearts and Clark Bar candies at risk of closing
The New England Confectionery Company is trying to sell itself, but it may have to shut down and lay off 395 employees if it can't find a buyer by May 6.
By Cathy Siegner • March 26, 2018 -
McCormick sales jump 19% as demand for flavor, acquisitions help spice maker
The company will use some of the savings from the corporate tax cut for one-time $1,000 bonus payments and to accelerate wage hikes for the majority of its U.S.-based hourly workers.
By Cathy Siegner • March 26, 2018 -
Jet taps Tesco grocery veteran as new president
With the hire of Simon Belsham, Walmart's e-commerce operation has signaled the importance of grocery to its long-term strategy.
By Ben Unglesbee • March 26, 2018