Corporate Operations: Page 191
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Tyson's VC arm buys into cell-cultured meat startup Memphis Meats
Tom Hayes, the protein giant's relatively new and growth-oriented CEO, said that investing in lab-grown protein in no way competes with his company's core businesses.
By Cathy Siegner • Jan. 30, 2018 -
Retrieved from Kroger on January 30, 2018
Kroger's Simple Truth brand tops $2B in annual sales
Kroger's line of natural and organic products hit the milestone six years after being introduced as consumers increasingly turn to foods with simple, fresh and recognizable ingredients.
By Cathy Siegner • Jan. 30, 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 -
Deep Dive
What you need to know about grocery store technology
Even as tech innovations become increasingly futuristic, they still focus on the same goals grocers had in mind more than a century ago: to offer better food more efficiently, and to stand out in the marketplace.
By Emma Liem Beckett , Christopher Doering • Jan. 30, 2018 -
USDA: Farmers markets pose no threat to grocery stores
The government report found consumers who buy fruits and vegetables from these stands spend more than shoppers who purchase them at the supermarket.
By Alicia Kelso • Jan. 30, 2018 -
Goldman Sachs invests in fast-growing Ripple pea milk
The Wall Street bank was among a group that injected $65 million into the plant-based milk producer to help accelerate its growth.
By Erika Kincaid • Jan. 30, 2018 -
Report: Casey's General Stores bids $2B for Kroger's c-store division
A sale of the unit, which operates under banners such as Kwik Shop and Turkey Hill, would give the supermarket giant capital to invest in other parts of its business.
By Dan Alaimo • Jan. 30, 2018 -
C-stores are feeling pressure from fast-food outlets and dollar stores
The $550-billion industry posted its slowest sales growth since 2013 as it fights to keep food offerings enticing amid growing competition from restaurants and other discounters.
By Cathy Siegner • Jan. 30, 2018 -
Deep Dive
What's trending in beverages
As shopper demand for new, authentic drink experiences grows, beverage manufacturers are racing to develop products that will quench consumer thirst for innovation.
By Emma Liem Beckett , Christopher Doering • Jan. 29, 2018 -
FMI Midwinter Conference: Tim Steiner pitches Ocado model for the US
The company's CEO gave attendees a tour of his $2.2 billion grocery delivery business, noting there are "swaths" of the U.S. market where its efficiency-driven fulfillment model could thrive.
By Jeff Wells • Jan. 29, 2018 -
Deep Dive
Why online grocery could be a $100B opportunity in the next four years
Despite this growth potential, experts at the FMI Midwinter Conference said retailers and manufacturers so far aren't ready.
By Jeff Wells • Jan. 29, 2018 -
Kellogg's investment arm buys stake in ride-share snack company
Brands that partner with Cargo pay a marketing fee and provide free products to the service, which packages them in convenient display boxes for drivers.
By Cathy Siegner • Jan. 29, 2018 -
Aldi beats Walmart on price online, study finds
The discounter, which also is testing an online service in Los Angeles, Dallas and Atlanta, offered a basket of goods 4.5% cheaper than that of the retail giant.
By Erika Kincaid • Jan. 29, 2018 -
Keurig Green Mountain to buy Dr Pepper Snapple for $19B
The largest soft-drink deal in history would bring the popular home brewer under one roof with Bai, 7UP, Sunkist and A&W, creating a company with $11 billion in annual revenue.
By Christopher Doering , Cathy Siegner • Jan. 29, 2018 -
Report: Daniel Loeb's hedge fund purchases stake in Pinnacle Foods
The $7-billion New Jersey company has a portfolio that includes Vlasic, Birds Eye and Duncan Hines, among other products.
By Cathy Siegner • Jan. 29, 2018 -
Yogurt makers look for trendy flavors, new uses to boost market share
As consumers seek new taste profiles and begin to use the dairy product in cooking and baking, the category has plenty of opportunities to expand and boost public consumption.
By Cassie Chew • Jan. 26, 2018 -
Are millennials a boon or a bust for club stores?
There are numerous ways club stores appeal to this desirable demographic, but online and digital offerings aren't among them.
By Erika Kincaid • Jan. 26, 2018 -
Robot-run warehouses could help small grocers compete in e-commerce
Tel Aviv-based startup CommonSense Robotics claims its fulfillment system, which uses the machines to gather items from micro warehouses, could help retailers save on delivery costs.
By Cassie Chew • Jan. 26, 2018 -
Deep Dive
Will Kohl's stores sprout new life with grocery?
Industry experts agree that larger stores need to slim down and boost foot traffic, but many are skeptical that adding food is a logical choice.
By Corinne Ruff • Jan. 25, 2018 -
Ahold Delhaize reports modest sales, comps growth in Q4
The retailer singled out its Food Lion, Hannaford and Giant-Carlisle banners as strong performers thanks to recent investments.
By Jeff Wells • Jan. 25, 2018 -
Will Applegate's Whole30 partnership beef up sales?
The trendy elimination diet is giving its stamp of approval to 17 of the organic meat producer's offerings, but time will tell if consumers embrace the products.
By Erika Kincaid • Jan. 25, 2018 -
Reports: Kroger has talks with Alibaba
"This would give Kroger access to sophisticated technology – some that may be more powerful than what Amazon has ..." said Diana Sheehan, of Kantar Retail.
By Jeff Wells • Jan. 25, 2018 -
US poultry exporters await outcome of NAFTA talks
Sanderson Farms is concerned about losing business if the trade deal isn't renegotiated since 4.5% of its gross sales come from chicken parts exported to Mexico.
By Cathy Siegner • Jan. 25, 2018 -
McCormick's acquisitions, new products drive record fourth-quarter sales
The spice, seasoning mixes and condiments company benefited from its recent purchase of Reckitt Benckiser's food division, which added French's mustard and Frank's RedHot brands to its portfolio.
By Cathy Siegner • Jan. 25, 2018 -
Gatorade is in need of some refreshment
As sales of the sports drink fell last year for the first time since 2012, there is some uncertainty on how to get the popular brand back on track.
By Erika Kincaid • Jan. 24, 2018 -
Deep Dive
Is Amazon changing Whole Foods' identity?
Local brands may be pushed out as national ones dominate shelf space.
By Deborah Abrams Kaplan • Jan. 24, 2018