Corporate Operations: Page 196
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Ingredion launches incubator to jump-start new businesses
The new initiative will help fledgling ingredient startups and established companies boost production and develop on-trend products.
By Cathy Siegner • Dec. 21, 2017 -
A new dimension: The 3-D-printed cup embedded with energy drink ingredients
California-based Smart Cups claims its proprietary technology is "poised to completely disrupt the future of beverage manufacturing and delivery."
By Cathy Siegner • Dec. 20, 2017 -
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 -
Conagra gets sales boost from new products, hurricanes
The owner of Slim Jim meat snacks, Chef Boyardee and David Seeds also purchased Sandwich Bros. of Wisconsin, a maker of frozen flatbread pocket sandwiches.
By Cathy Siegner • Dec. 20, 2017 -
Dole Food in talks to sell itself to Belgium produce firm
Greenyard says it has secured the necessary financing to buy one of the largest U.S. fruit and vegetable companies, which considered an IPO earlier this year.
By Erika Kincaid • Dec. 20, 2017 -
Fresh Thyme to cut store expansion in half next year
After opening 20 locations in 2017, the Indianapolis-based natural and organic grocer will open 10 stores during the next twelve months, including its first in Pennsylvania.
By Pamela DeLoatch • Dec. 20, 2017 -
Product information firm Label Insight gets $21M in new funding
The cash infusion will allow the data company, which partners with manufacturers and retailers, to hire 55 new employees and expand its database to 1 million items.
By Erika Kincaid • Dec. 20, 2017 -
Activist investor calls for changes at Ingles Markets
New York-based Gamco Asset Management has nominated two new members for election to the retailer's board, and has pushed for better oversight and investor relations.
By Jeff Wells • Dec. 20, 2017 -
General Mills' cereal and snack sales rise, but yogurt sours
During the second quarter, the maker of Fiber One, Annie's and Cheerios, posted a profit of $431 million, down 11% from a year ago, even as sales rose 2.1% to $4.2 billion.
By Cathy Siegner • Dec. 19, 2017 -
Cereal sales are soggy, but manufacturers remain optimistic
Sales fell 2.3% this year as time-strapped consumers move to on-the-go alternatives, but snacking could prove to be a bright spot for the category.
By Pamela DeLoatch • Dec. 19, 2017 -
Retrieved from Kroger on August 23, 2017
Kroger, dominant in click-and-collect sector, opens its 1,000th ClickList store
The grocer has also updated its online platform to better integrate coupons, recipes, shopping lists and other features.
By Jeff Wells • Dec. 19, 2017 -
Costco's robust e-commerce growth grabs Wall Street's attention
BMO Capital Markets raised its price target for the club retailer, noting that increasing online sales will continue to deliver strong results for shareholders.
By Erika Kincaid • Dec. 19, 2017 -
Plant-based burger maker Beyond Meat adds sausage to its menu
Buoyed by the success of its hamburger, the company has launched the new product exclusively at a Whole Foods in Boulder, Colorado with additional locations to be announced in January.
By Cassie Chew • Dec. 19, 2017 -
Opinion
Grocers: Inefficient cash handling is costing your stores money
As supermarkets look for new ways to increase efficiencies and reduce spending, Cummin Allison's Tim Grabacki offers advice on how to help improve a location's bottom line.
By Tim Grabacki • Dec. 19, 2017 -
Study: Climate stress on cacao trees could affect chocolate flavor
Beans grown two different ways on Bolivian farms had higher antioxidant levels and lower fat content when the temperatures rose and the soil got drier.
By Cathy Siegner • Dec. 19, 2017 -
USDA
USDA plans to withdraw rule establishing organic livestock standards
The Agriculture Department said it was pulling the measure because it doesn't believe it has the authority to implement it.
By Cathy Siegner • Dec. 19, 2017 -
Investor coalition pressures Sanderson Farms to limit antibiotics use
This is the second time that shareholders of the Mississippi-based chicken producer have been asked to direct the company to limit the use of medically important antibiotics.
By Cathy Siegner • Dec. 18, 2017 -
Getty / Edited by Industry Dive
Deep DiveHow the GOP tax overhaul could affect the food industry
Congress is expected to pass a tax reform bill this week. Here's a cheat sheet on what it means for food, grocery and other industries.
By Emma Liem Beckett • Dec. 18, 2017 -
Campbell Soup buying snack maker Snyder's-Lance for $4.9B
The largest deal in the iconic company's history will allow it to further expand its footprint with the on-the-go consumer through brands such as Emerald Nuts and Cape Cod chips.
By Cathy Siegner • Dec. 18, 2017 -
Hershey to buy SkinnyPop owner Amplify for $1.6B
The deal gives the chocolate powerhouse another foothold in the fast-growing snack category, one of CEO Michelle Buck's main pursuits since taking the helm in March.
By Emma Liem Beckett • Dec. 18, 2017 -
Kroger's Kitchen 1883 could expand in 2018 and beyond
The first month for the grocer's inaugural restaurant has proven successful, and company representatives say additional locations could be a possibility.
By Erika Kincaid • Dec. 18, 2017 -
Unilever sells spreads business to KKR for $8B
In selling its 145-year old division, home to I Can’t Believe It’s Not Butter and other brands, the food maker is shedding a historic unit that has experienced challenges as consumers transition back to traditional butter.
By Cassie Chew • Dec. 18, 2017 -
Will Amazon really dominate grocery?
The online retailer's Whole Foods acquisition has made it much more of a threat, but tough competition from the likes of Walmart and Kroger means industry supremacy is far from guaranteed.
By Pamela DeLoatch • Dec. 15, 2017 -
Costco's strong Q1 earnings prove it's still Amazon-proof
The club retailer posted higher-than-expected earnings per share of $1.45 while e-commerce sales jumped 42.1%.
By Jeff Wells • Dec. 15, 2017 -
GMA defections continue; Tyson, Unilever will not renew membership
Two more major industry players have announced they're leaving the trade organization at the end of the year, bringing the total number of Big Food defections to six.
By Erika Kincaid • Dec. 15, 2017 -
United Natural Foods could be the biggest winner in the Amazon-Whole Foods deal
The natural and organic distributor's financials have rebounded following the online retailer's $13.7 billion acquisition, but some question whether the company's relationship with its biggest grocery client will last.
By Pamela DeLoatch • Dec. 15, 2017
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