Corporate Operations: Page 190
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Hostess goes upscale with fancy snacks, sweetening 4th quarter profits
Considering the popularity of the Petites line and the recent success with innovating new flavors and products, expect to see more options pop up under this premium label.
By Erika Kincaid • March 2, 2018 -
Pinnacle Foods benefits from demand for natural and frozen products
Sales during the fourth quarter rose 2.9% to $883.5 million as the company posted strong results in its Birds Eye frozen foods and Boulder Brands divisions.
By Cathy Siegner • March 2, 2018 -
Explore the Trendline➔
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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 -
Sun Basket opens larger distribution center in New Jersey
The personalized meal kit service said it needed a bigger facility to meet demand for its products primarily serving consumers with diet-specific needs.
By Cathy Siegner • March 2, 2018 -
Better-for-you jerky takes a bigger bite of snacks market
Sales of the popular treat, which topped $1 billion last year, are poised for growth due to its slimmed-down ingredients list, portability and hip new flavors.
By Cathy Siegner • March 2, 2018 -
Deep Dive
Ingredion CEO: 'Food anywhere' trend is putting pressure on ingredients makers
Jim Zallie said on-the-go consumption habits are pushing companies like his to find ways to maintain product texture, heat and appearance throughout the eating experience.
By Emma Liem Beckett • March 1, 2018 -
Aldi will place outposts inside Kohl's stores
The discounter will open up to 10 pilot locations inside the fashion retailer this year, Kohl’s CEO Kevin Mansell said during an earnings call Thursday.
By Jeff Wells • March 1, 2018 -
Kroger raises gun-buying age to 21 at Fred Meyer stores
The move follows similar decisions from Walmart and Dick’s Sporting Goods in the wake of the Parkland, Florida school shooting last month.
By Jeff Wells • March 1, 2018 -
Oatmeal makers wake up to consumer demand for breakfast convenience
Quaker Oats and Bob's Red Mill are among the manufacturers of the popular morning food, already known for its healthy benefits, that have introduced portable on-the-go cups.
By Christopher Doering • March 1, 2018 -
Retrieved from PepsiCo on March 01, 2018
PepsiCo takes vending machine brand Hello Goodness online
The soda giant plans to use the platform to test out new products, increase its presence in the better-for-you snacking space and expand its e-commerce efforts.
By Erika Kincaid • March 1, 2018 -
CEO Boer: Ahold Delhaize is 'well ahead' of e-commerce competition
The retailer's chief executive said he is optimistic about the company’s competitive position because of its experience with home delivery through its Peapod unit.
By Dan Alaimo • March 1, 2018 -
AB InBev's earnings climb 8.2% despite US volume losses
The beer giant also posted declining sales in North America, driven by share losses in its Budweiser and Bud Light brands.
By Cathy Siegner • March 1, 2018 -
Report: Grocery openings declined 28.8% last year
Major chains are curbing growth and focusing on existing stores, while grocery-anchored shopping centers are expanding.
By Jeff Wells • Feb. 28, 2018 -
Coca-Cola cutting up to 350 management positions
The beverage giant plans to start laying some people off on Wednesday, with the rest of the job cuts coming during the next few months as part of a company-wide reorganization.
By Cathy Siegner • Feb. 28, 2018 -
B&G Foods' sales lag forecast, company remains on the lookout for deals
The New Jersey-based food manufacturer posted strong results in its Green Giant frozen products division in 2017, but faced challenges in maple syrup and its Ortega brand.
By Cathy Siegner • Feb. 28, 2018 -
Deep Dive
Hormel Foods CEO: 'We haven't stopped looking' for acquisitions
Jim Snee, whose firm spent $1.4 billion on three deals in 2017, said the company's M&A targets include businesses that are global, multi-cultural, on-the-go and focused on health.
By Christopher Doering • Feb. 28, 2018 -
Perfect Day, a maker of cow-free dairy proteins, raises $24.7M in funding
The ag-tech startup has patented its production process, which involves taking food-grade yeast and adding DNA sequences from dairy cows to create ingredients found in milk.
By Cathy Siegner • Feb. 27, 2018 -
Report: Dick Boer will step down as Ahold Delhaize CEO
Frans Muller, the former Delhaize CEO, may soon take the top job. European news reports have given few clues as to the reason for the change.
By Dan Alaimo • Feb. 27, 2018 -
Dean Foods announces 'right-sizing' initiative as Q4 sales slide
While the Texas-based producer of DairyPure, TruMoo and Organic Valley hasn't addressed it, the plan "to consolidate its plant network" is likely to involve a reduction in its workforce.
By Cathy Siegner • Feb. 27, 2018 -
Deep Dive
As CPGs struggle, McCormick CEO calls flavor demand a 'tailwind' for company
McCormick's sales are projected to increase 12% to 14% during its current fiscal year — an enviable growth rate in the food and beverage space.
By Christopher Doering • Feb. 27, 2018 -
Taking the fight to Amazon, Sam's Club partners with Instacart
The deal increases the Walmart division's e-commerce footprint as it refocuses in the wake of 63 store closures announced in January.
By Cathy Siegner • Feb. 26, 2018 -
Meal-planning app expands into disease prevention
PlateJoy, which partners with Instacart, added a weight-tracking and virtual-coaching app to its personalized meal planning platform so people with prediabetes might avoid developing the disease.
By Cathy Siegner • Feb. 26, 2018 -
Instacart withheld tips and overcharged some customers due to system glitch
In a blog post, CEO Apoorva Mehta said the bug impacted less than 1% of shoppers, and that the company will repay those impacted.
By Jeff Wells • Feb. 26, 2018 -
Califia Farms expands reach in plant-based segment with drinkable yogurt
The maker of almond milk is optimistic its new product containing probiotics and catering to on-the-go consumers concerned about what is in the food they eat will be a hit this spring.
By Erika Kincaid • Feb. 26, 2018 -
Brookshire Grocery buying 8 Louisiana Winn-Dixie stores
The transaction could be the first sale for the beleaguered Southeastern Grocers' subsidiary Bi-Lo, which is reportedly heading for another bankruptcy.
By Dan Alaimo • Feb. 26, 2018 -
Deep Dive
Sugar's future tastes sweet despite health push, competing sweeteners
The U.S. is the largest consumer of the ingredient in the world, but that hasn't stopped CPG companies from reducing their use of the carbohydrate or altering it as people try to eat healthier.
By Erika Kincaid • Feb. 26, 2018