Corporate Operations: Page 185


  • Smucker sells Pillsbury, other U.S. baking brands for $375M

    The division, which contributes only 5% of the company's revenue, is being purchased by private-equity firm Brynwood Partners.

    By Erika Kincaid • Updated July 10, 2018
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    Corona rolls out higher-priced, low-calorie beer

    Health-conscious consumers have driven the swift success of Michelob Ultra, forcing others in the industry to re-think their products’ caloric impact without compromising taste.

    By March 9, 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
  • Publix will spend $1.5B this year to expand and remodel stores

    The Florida-based grocer plans to increase it's footprint in the competitive Mid-Atlantic region, and now owns nearly a third of its stores.

    By Erika Kincaid • March 9, 2018
  • Instacart is getting squeezed out by Amazon Prime Now delivery

    As Amazon expands its grocery delivery service, questions linger about Instacart's future with Whole Foods.

    By Erika Kincaid • March 9, 2018
  • Meijer plots 6 small urban stores by 2021

    The operations aren't likely to move the needle for the big-box chain yet, but analysts say it's a smart move considering the untapped urban market.

    By Daphne Howland • March 9, 2018
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    Study: Amid high-tech options, radio ads can benefit CPG companies

    Nielsen Catalina Solutions found every $1 spent advertising on this medium returned $12 in sales. Some major companies have looked to return to the format.

    By Cathy Siegner • March 9, 2018
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    Christopher Doering
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    Amazon's $22B supply agreement underscores commitment to grocery

    A 10-K filing from Whole Foods' parent company shows it has entered into a long-term sourcing agreement, providing a positive outlook for its long-time supplier United Natural Foods.

    By Dan Alaimo • March 9, 2018
  • Bone broth product manufacturer Ancient Nutrition gets $103M investment

    While it's uncertain if the ingredient's newfound popularity will remain, it's clear that some heavy hitters in the food and beverage industry are interested in finding out.

    By Cathy Siegner • March 8, 2018
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    Megan Poinski
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    Kroger hits earnings estimates in Q4 as profitability concerns linger

    The company reported $562 million in adjusted revenue along with a 1.5% increase in same-store sales for the quarter, but projected a lower-than-expected earnings forecast for 2018.

    By Jeff Wells • March 8, 2018
  • Costco enjoying a small boost from Sam's Club closures

    The membership retailer increased sales by nearly 11% in its second quarter while e-commerce grew by nearly 30%.

    By Daphne Howland • March 8, 2018
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    Corinne Ruff
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    Deep Dive

    A peek inside one of Target's newest small format stores

    The mass merchant is betting big that these stores will draw in customers in urban, suburban and college cities. But what's the key to making it work?

    By Corinne Ruff • March 8, 2018
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    Christopher Doering
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    Coca-Cola to introduce its first-ever alcoholic drink

    The U.S. beverage giant will enter the popular "alcopop" market in Japan with a canned beverage known as "chu-hai."

    By Cathy Siegner • March 8, 2018
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    RXBAR spreads its presence into the nut butter category

    The new item is the company's first product expansion since the clean-label protein bar maker was acquired by Kellogg last fall for $600 million.

    By Alicia Kelso • March 8, 2018
  • Supervalu plans small-format Cub Foods store in Minneapolis

    The new 46,000 square-foot location comes as the company faces mounting pressure from activist investor Blackwells Capital to improve or sell off its retail division.

    By Dan Alaimo • March 8, 2018
  • Kraft Heinz hatches incubator for disruptive brands

    The company's new Springboard platform is designed to help the manufacturer of Lunchables and macaroni and cheese identify and nurture products that are healthy, organic and experiential.

    By Cathy Siegner • March 8, 2018
  • High protein diets could lower chances of developing Alzheimer's, study says

    Researchers said despite the findings, more evidence is needed to confirm the connection before manufacturers start making on-pack claims.

    By Caroline Macdonald • March 8, 2018
  • Food firms address sustainability, but need to pick up the pace, report says

    Consumers are increasingly voting with their wallets when it comes to company pledges to take action on climate change.

    By Cathy Siegner • March 7, 2018
  • Target deepens investments to keep pace with Amazon, Walmart

    The company will triple the number of stores it remodels this year, expand click-and-collect from around 50 pilot stores to 1,000 and raise employee pay to $12 an hour.

    By Jeff Wells • March 7, 2018
  • AB InBev's CEO predicts a bright future for low- and no-alcohol beers

    Carlos Brito said the company wants to increase these products from about 8% of its total portfolio now to 20% by 2025.

    By Cathy Siegner • March 7, 2018
  • Opinion

    Incubate, accelerate, acquire ... or just keep knocking-off?

    Specialty Foods Association President Phil Kafarakis says as Big Food companies create new products, they must do a better job allocating resources, valuing passion and changing their age-old values.

    By Phil Kafarakis • March 7, 2018
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    Ryan Willumson
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    Deep Dive

    Could the Aldi-Kohl's partnership be a model for supermarket growth?

    At a time when most major grocers have slowed store expansion, creative partnerships like this one could help them reach new customers.

    By Jeff Wells • March 6, 2018
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    Jack Daniels
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    Brown-Forman toasts Q3 earnings jump from sales of tequila, bourbon and whiskey

    The company saw double-digit underlying net sales gains in the U.S. from its Woodford Reserve and Old Forester brands of American whiskey.

    By Cathy Siegner • March 6, 2018
  • Deep Dive

    7 takeaways from CAGNY 2018

    At the CAGNY conference, Food Dive spoke with several food executives and analysts to gain insight into the trends shaping the industry and what lies ahead for specific companies. 

    By Emma Liem Beckett , March 6, 2018
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    Michelob Ultra
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    Michelob Ultra goes organic with new Pure Gold brew

    The Anheuser-Busch brand contains fewer calories and carbs than the original, and has no artificial colors or flavorings.

    By Alicia Kelso • March 6, 2018
  • Amazon planning grocery delivery launch in France

    No timetable has been set, but the e-tailer confirmed that expansion is in the works.   

    By Erika Kincaid • March 6, 2018