Corporate Operations: Page 194
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Walmart to bump starting hourly pay up to $11
The retailer is positioning the increase as a benefit of tax reform, but it could also have a lot to do with rising minimum wage requirements nationwide.
By Daphne Howland • Jan. 11, 2018 -
Kohl's looks for grocers to fill store space
The discount retailer hopes to increase sales and drive regular traffic at select locations, according to CEO Kevin Mansell.
By Daphne Howland • Jan. 11, 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 -
Food made from 'ugly' produce could be a beautiful business opportunity
As consumer demand for sustainable, mission-based food grows, manufacturers are transforming unfortunate-looking fruits and vegetables into kettle-cooked potato chips, flour and other products.
By Cassie Chew • Jan. 11, 2018 -
USDA: Millennials spend more on prepared foods than other generations
These coveted shoppers don't visit supermarkets as often as older consumers, and when they do, they seek out convenient, flavorful meal options.
By Cassie Chew • Jan. 11, 2018 -
Diet Coke debuts new flavors, design in effort to appeal to millennials
While the relaunch will include new flavors and a different can design, Coca-Cola said it will not change the taste of the zero-calorie soda introduced in 1982.
By Cathy Siegner • Jan. 11, 2018 -
Nutella owner close to buying Nestle's US candy business for $2.8B
Ferrero is reportedly nearing a deal to acquire iconic brands such as Butterfinger, Crunch and Baby Ruth from the Swiss giant.
By Cathy Siegner • Jan. 11, 2018 -
Supervalu gets boost from acquisitions, but wholesale earnings slip
The company’s Unified Grocers business helped boost net sales, while retail operations continued to struggle in the third quarter.
By Jeff Wells • Jan. 10, 2018 -
Molson Coors acquires 290-year old cider maker Aspall
The beverage giant, known for its signature brews as well as Milwaukee's Best and Blue Moon, has seen its beer business slow as consumers flock to spirits and craft products.
By Cassie Chew • Jan. 10, 2018 -
Constellation Brands invests in premium brandy and rum craft distillers
The beverage maker's minority stakes in Copper & Kings and The Real McCoy Spirits could reinvigorate growth in an area that has been a challenge for the company.
By Cathy Siegner • Jan. 9, 2018 -
Bargain retailer Grocery Outlet will open 25 stores this year
The company plans to build 14 locations in Los Angeles, giving it 40 in the crowded but ever-evolving market.
By Pamela DeLoatch • Jan. 9, 2018 -
Complaint against Walmart underscores organic egg industry tensions
A federal lawsuit argues the retailer has misled customers about its product by claiming its hens have "outdoor access," when in reality the birds are housed in a screened-in structure.
By Jeff Wells • Jan. 9, 2018 -
Sprouts partners with Instacart for chain-wide home delivery
The deal expands the grocer's e-commerce presence, which had come under scrutiny following the acquisition of Whole Foods by Amazon.
By Jeff Wells • Jan. 9, 2018 -
Back to the Future: Leaf Brands' Wacky Wafers return to the market
The reintroduction of the original candy has surpassed expectations, with more than a half-million preorders in four weeks despite limited marketing.
By Cassie Chew • Jan. 9, 2018 -
Barclays: Tax reform will be a windfall for largest US grocers
The research firm's analysts estimate that Walmart's incremental free cash flow will increase fourfold compared to its nearest publicly traded competitor thanks to the recently passed bill.
By Jeff Wells • Jan. 8, 2018 -
Whole Foods hits suppliers with in-store merchandising fees
The retailer now requires companies to schedule demos and inventory checks with a third party, and has begun charging for a new management program that oversees this effort.
By Jeff Wells • Jan. 8, 2018 -
Hain Celestial struggling to find buyers for its business
Standing between the natural and organic food company and a sale are its size and complexity, but recent board changes, an activist investor and a new tax rate could change things.
By Cathy Siegner • Jan. 8, 2018 -
Lactalis purchase of Siggi's could strengthen its yogurt dominance
The French dairy company, which purchased Stonyfield only six months ago, has been actively expanding its presence in U.S. supermarkets.
By Cassie Chew • Jan. 8, 2018 -
Constellation beer sales shine, but wine and spirits fall
The company's portfolio of Mexican brews — including Corona, Modelo Especial and Pacifico — continue to grow margins and market share, benefiting from a growing Hispanic population.
By Cathy Siegner • Jan. 5, 2018 -
Home Chef sees a measured approach as key to meal kit profitability
The two-year-old company has gone from delivering 70,000 meals each month to nearly 2.5 million now, thanks to a slow but steady growth strategy.
By Cathy Siegner • Jan. 5, 2018 -
Lamb Weston sales, income jump amid strong potato demand
The Idaho-based frozen french fry maker posted gains in both retail and foodservice segments. The company also increased its outlook for the rest of its fiscal year.
By Cathy Siegner • Jan. 5, 2018 -
Opinion
Big Food has been missing something big: Shifting consumer preferences (Part II)
In the second article in a five-part series, Specialty Foods Association President Phil Kafarakis says top executives will need to reinvent their companies to meet shopper demand for old school artisan-made products.
By Phil Kafarakis • Jan. 5, 2018 -
Hershey and Cargill off the menu at GMA
A total of eight companies have now left the association amid struggles over evolving consumer preferences and division among its members.
By Emma Liem Beckett • Jan. 5, 2018 -
Sprouts details Q2 openings, including first South Carolina store
The discount natural and organic chain will open three locations on both the West and East coasts, a fifth of the estimated 30 new supermarkets it plans to roll out this year.
By Jeff Wells • Jan. 5, 2018 -
As e-commerce grows, fulfillment centers may be out of reach for some retailers
Steep land prices are a major reason why internet firms aren't keeping up with consumer demand, and real estate firm CBRE predicts this problem will only worsen.
By Jeff Wells • Jan. 5, 2018 -
Cargill debuts hybrid canola oil with reduced saturated fat
The company said the new product maintains high fry and shelf life performance, freshness and taste. First deliveries are expected in early 2018.
By Cathy Siegner • Jan. 4, 2018