Corporate Operations: Page 190
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Kroger sells c-stores to UK's EG Group for $2.2B
The grocer, which announced it would put the 800-unit division up for sale last fall, plans to use the proceeds from the deal to buy back shares and pay down debt.
By Erika Kincaid • Feb. 6, 2018 -
AB InBev taps into renewable energy to produce Budweiser beer
The alcohol manufacturer will place a special symbol on the label starting in the U.S. this spring — a move the company said will resonate with consumers concerned about the climate.
By Cassie Chew • Feb. 6, 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 launches first ad campaign with Amazon
The funny, quirky ads focusing on shoppers are a departure for the grocer, which previously put a spotlight on the quality of its products and the stories behind the people who made them.
By Erika Kincaid • Feb. 6, 2018 -
Danone invests in Harmless Harvest coconut water
The food giant's venture capital arm participated in a $30 million investment in the organic brand, which has been recognized for its commitment to social, agricultural and environmental improvement.
By Alicia Kelso • Feb. 5, 2018 -
Hostess sweetens the pot for workers with savings from new tax reform
The maker of Ho Hos and Ding Dongs is giving employees bonuses of $1,250 and free snacks for a year, making it the latest company to pass on some of the benefits from the recently passed law.
By Erika Kincaid • Feb. 5, 2018 -
Cargill takes stake in livestock-monitoring technology
The proprietary software from Cainthus, an Irish agricultural-technology startup, can recognize individual cows, track key metrics and monitor animal treatment.
By Cathy Siegner • Feb. 5, 2018 -
PepsiCo developing snacks 'for her'
CEO Indra Nooyi said in a podcast the company is developing products specifically for women, but the soda and snack giant later refuted reports that one of those items is a new Doritos variety.
By Erika Kincaid • Feb. 5, 2018 -
Whole Foods' inventory system reportedly crushing employee morale
The troubles erupting at the supermarket chain underscore how much of a learning curve Amazon has when it comes to brick-and-mortar operations — and grocery in particular.
By Daphne Howland • Feb. 2, 2018 -
Hostess acquires Big Texas and Cloverhill brands
The maker of Twinkies and Ho Hos is expanding its breakfast products and acquiring a new baking facility all in one fell swoop.
By Erika Kincaid • Feb. 2, 2018 -
Guiding Stars updates system for Nutritional Facts label changes
The program, which was developed in 2006 to help grocery shoppers make healthier choices, will change its star ratings of about 3,000 products.
By Dan Alaimo • Feb. 2, 2018 -
Post's Q1 sales climb 15% as food maker boosts outlook
The St. Louis-based company posted sales increases in all four of its U.S. segments, including ready-to-eat cereals and granola.
By Cathy Siegner • Feb. 2, 2018 -
Retrieved from Amazon on April 28, 2017
Amazon Q4 sales soar as company integrates Whole Foods purchase
The web giant said its physical stores posted revenue of $4.5 billion, most of it from the recent acquisition of the grocer — a figure its CFO said topped earlier company estimates.
By Daphne Howland • Feb. 2, 2018 -
Despite Lidl's rocky start, the retailer is learning from its mistakes
The prospects for the German chain may be improving after a report found 63% of consumers said its expansion to the U.S. exceeded their expectations.
By Erika Kincaid • Feb. 1, 2018 -
Boxed rejects Kroger bid, looks elsewhere for offer
The competition to acquire the e-commerce wholesaler has intensified, with Amazon, Walmart and Target seen as some of the other potential buyers.
By Dan Alaimo • Feb. 1, 2018 -
Sysco and US Foods allege chicken producers of price fixing
The product distributors are accusing Tyson Foods, Pilgrim's Pride and others of collusion going as far back as 2008.
By Erika Kincaid • Feb. 1, 2018 -
Mondelez sees sales slip in North America but surge elsewhere
The maker of Chips Ahoy and Triscuit said while snacking consumption increased during the second half of 2017, the company had problems getting its products into stores because of last June's cyberattack.
By Cathy Siegner • Feb. 1, 2018 -
Hershey stumbles in quest to become 'snacking powerhouse'
Sales for the manufacturer of Reese's, Kit Kat and Kisses fell 1.6% during the fourth quarter as the company was impacted by the timing of shipments and a drop in international sales.
By Cathy Siegner • Feb. 1, 2018 -
Tyson Food's CEO says the company is hunting for more deals
Tom Hayes told Bloomberg the meat processor wants acquisitions that will enhance both its brands and its reach.
By Cathy Siegner • Jan. 31, 2018 -
Mice given fiber supplement lost weight, had lower cholesterol
The study from researchers at Georgia State University is the latest to show roughage has health benefits when it is consumed.
By Cathy Siegner • Jan. 31, 2018 -
Publix plans smaller store for the digital age
The retailer is eyeing a new Florida location that's fewer than 30,000 square feet and will cater to online ordering, delivery, and curbside pickup.
By Dan Alaimo • Jan. 31, 2018 -
Albertsons rolls out digital media platform to help brands target customers
The grocer's new system will give companies access to proprietary shopper data to help drive sales at the retailer’s more than 2,300 stores.
By Erica Sweeney • Jan. 31, 2018 -
Amid stumbles by key competitor, HelloFresh finds winning US strategy
The German meal kit company said its preliminary fourth-quarter sales rose nearly 60%, and that it hopes to break even by the end of 2018.
By Erika Kincaid • Jan. 31, 2018 -
Deep Dive
Food companies are starved for female leadership
This could significantly impact bottom lines, according to panelists at the Food Marketing Institute's Midwinter Conference.
By Jeff Wells • Jan. 31, 2018 -
Retrieved from Nestle on January 31, 2018
Nestle targets mainstream shoppers with new sparkling water brands
With a big marketing push behind its new lineup, the Swiss giant is targeting 31 million consumers who purchase its popular spring variety.
By Cathy Siegner • Jan. 31, 2018 -
Deep Dive
Q&A: How a local biscuit maker rose to success at big-name grocers
Mason Dixie, which launched in 2014 with Kickstarter funding, already sells its made-from-scratch products in more than 2,000 retail locations, including Whole Foods and Kroger.
By Christopher Doering • Jan. 31, 2018